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Tag Archives: ONEOK

ONEOK to invest $1.4B in natural gas infrastructure

ONEOK, Inc. announced plans to invest approximately $1.4 billion to construct a new pipeline, and related infrastructure, to transport natural gas liquids (NGLs) from the Rocky Mountain region to the company’s existing Mid-Continent NGL facilities. The Elk Creek Pipeline – an approximately 900-mile, 20-inch diameter pipeline that is expected to be completed by the end of 2019 – will have ...

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Dealogic reports record-breaking M&A deals

Bakken shale play, administrative rules committee

A couple of “mega-deals,” including a $17.2 billion takeover of ONEOK Partners by its parent firm, are part of a record-breaking quarter of M&A transactions that showed total oil and gas deals at the start of 2017 are four times what they were last year during the same time-frame, reports Dave Forest of Oiloprice.com. A recent report by M&A specialists ...

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This week in ND jobs

Although many companies have cut positions or laid off employees over the last eighteen months, oilfield jobs haven’t dried up completely. Listed below are seven jobs in ND still open and waiting for your application. KLJ Solutions has a number of engineer positions open and recently posted with start dates immediately to early May. One position is located in Bismarck and requires two ...

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North Dakota set to extend deadline for gas flaring rules

BISMARCK, N.D. – North Dakota is poised to give the energy industry up to two extra years to curb the amount of natural gas burned off at oil wells, a move that would ease worries pipeline construction delays make it impossible to meet aggressive flaring standards. Governor Jack Dalrymple and the two other members of the North Dakota Industrial Commission ...

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ND regulators approve $6M natural gas liquids pipeline

BISMARCK, N.D. — North Dakota’s Public Service Commission has approved a siting permit for a $6 million liquid natural gas pipeline in McKenzie County. Tulsa, Oklahoma-based Oneok (ONE’-oak) is planning to construct and operate a new 4-mile long, 8-inch diameter pipeline and associated facilities. The Lonesome Creek Pipeline Project will have a maximum capacity of 30,000 barrels per day. The ...

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Oneok to connect 700 Bakken gas wells by year’s end

Last week Oklahoma-based natural gas company Oneok reported that it was on schedule to connect over 700 wells in the Williston Basin by the end of this year, and more than 600 next year. As reported by Reuters, Oneok Partners CEO Terry Spencer said the company has already connected more than 260 new wells in the Bakken region during the ...

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NDIC aims for consistency with Bakken flaring exemptions

A second operator in the Bakken was granted a flaring exemption today due to a pipeline that Oneok was unable to complete due to right-of-way constraints. The North Dakota Industrial Commission voted unanimously to “stay consistent” and allow Oxy USA to avoid penalties due to its flared gas on wells affected by Oneok’s cancelled gas pipeline project on the Fort ...

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Oil company gets temporary relief from gas flaring rules

BISMARCK, N.D. — State regulators are giving an oil company some temporary relief from North Dakota’s gas flaring rate requirements. XTO Energy argued it had nowhere to take gas from 143 oil wells in Dunn and McKenzie counties because gas-processing company OneOK couldn’t secure an easement agreement from the Three Affiliated Tribes and build a 20-mile pipeline expansion. The Bismarck ...

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Oil company requesting flaring exceptions for 140 oil wells

BISMARCK, N.D. — An oil company is asking the state regulators to grant an exception to North Dakota’s flaring rate requirements for 140 of its oil wells in Dunn and McKenzie counties. The Bismarck Tribune reports that XTO Energy is arguing it has nowhere to take its gas because gas-processing company OneOK couldn’t secure an easement agreement and build a 20-mile ...

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ONEOK reports increased profits, decreased spending

Oklahoma-based energy company ONEOK Partners reports that its fourth quarter net income was up year-on-year, but the weak global market climate has caused a cut in planned spending, according to United Press International. During the last half of 2014, the company had planned to add natural gas infrastructure to its operations in North Dakota’s Bakken formation. Currently, the majority of ...

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