A pilot production plant for the materials recovery process was tested in November 2016. The company hopes to begin some of the construction this year, with the pipeline going in to service by the end of 2019, she said. All volumes are fully contracted.The expansion is scheduled to be completed by the end of the first quarter 2020 and is expected to cost $305 million.Tulsa-based ONEOK is a midstream service provider and owns NGL systems that connecting supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers, along with an extensive network of natural gas gathering, processing, storage and transportation assets.Thanks for submitting a comment!
The Elk Creek Pipeline project is part of ONEOK’s $3.0 billion to $3.5 billion of potential capital-growth projects.“The existing Bakken NGL and Overland Pass Pipelines are operating at full capacity. The expansion will add an additional 100,000 bpd capacity to the pipeline. ONEOK expects total Rocky Mountain NGL volume transported on the Elk Creek and Bakken NGL pipelines to reach more than 240,000 bpd by the end of the first quarter 2020.© ONEOK, Inc. All rights reserved.Some of the statements contained herein are forward-looking statements as defined under federal securities laws. It will have the capacity to transport up to 240,000 barrels per day of unfractionated NGLs from near ONEOK’s Riverview terminal in eastern Montana to Bushton, Kansas.© 2020 Oklahoma Energy Today. The pipeline … The monthly returns are then compounded to arrive at the annual return. Delayed quotes by Sungard.This file is used for Yahoo remarketing pixel addYou are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The company will … Since 1988 it has more than doubled the S&P 500 with an average gain of +24.33% per year.
The line began operating with an initial capacity of 240,000 barrels per day (bpd) and the company plans to add 10 pump stations along the line to increase capacity to 400,000 bpd.
The pipeline includes approximately 900 miles of new, 20-inch diameter pipe and will have the capacity to transport up to 240,000 barrels per day (bpd) of unfractionated […] A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The project is expected to be completed by the end of 2019. The Elk Creek Pipeline is anchored by long-term contracts with terms ranging between 10 to 15 years totaling approximately 100,000 bpd, which is supported primarily by minimum volume commitments.
This information will only be used for this request. The Elk Creek pipeline 240,000 barrels per day (bpd).