{"id":29864,"date":"2014-08-29T08:09:06","date_gmt":"2014-08-29T12:09:06","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=29864"},"modified":"2014-08-29T08:09:06","modified_gmt":"2014-08-29T12:09:06","slug":"oneok-inc-nyseokes-garden-creek-ii-plant-begins-operations","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/oneok-inc-nyseokes-garden-creek-ii-plant-begins-operations-29864","title":{"rendered":"ONEOK, Inc. (NYSE:OKE)\u2019s Garden Creek II Plant Begins Operations"},"content":{"rendered":"

Boston, MA 08\/29\/2014 (wallstreetpr) \u2013\u00a0ONEOK, Inc. (NYSE:OKE)<\/strong>\u2019s Garden Creek II 100 MMcf\/d Natural Gas processing facility is completed and has started the operations. The facility<\/a> is located in eastern McKenzie County in North Dakota. The new plant is a part of the partnership capital growth program through 2016. The partnerships are expected to invest around $7.0 million and $7.5 billion in infrastructure growth projects and acquisitions.<\/p>\n

The increased capacity<\/strong><\/p>\n

Terry.K Spencer, President and the CEO said that ONEOK, Inc. (NYSE:OKE) is expanding its essential natural gas and natural gas liquids capacity in the Williston Basin. Its natural gas processing capacity at Williston Basin now exceeds 500 MMcf\/d. The capacity has multiplied by five times as compared to the capacity in 2010. The enhanced production is in line with the increasing demands of customers. As the Garden Creek III plant completes, Spencer expects the capacity to exceed 600 MMcf\/d in the fourth quarter of 2014.<\/p>\n

The infrastructure expansion<\/strong><\/p>\n

The natural gas processing capacity at Williston Basin is expected to touch 1.1 billion cubic feet per day by third quarter of 2016. The on-going natural gas infrastructures plans in the region are:<\/p>\n