Natural gas and oil drilling in South Texas, an energy-rich part of the state that has traditionally been either underdeveloped or stagnant, has injected billions into the local economy, and it has helped revive local communities. In fact, according to a study last year, it generated more than 25 billion dollars in revenue. On Wednesday, [...]
Archive | May 9, 2012
ONEOK to Invest $340 Million for Additional Growth Projects in Cana-Woodford Shale
ONEOK Partners plans to invest approximately $340 million to $360 million between now and the first quarter of 2014 to construct a new natural gas gathering and processing plant and related infrastructure in the Cana-Woodford Shale in Oklahoma. These investments include approximately $190 million for the construction of a new 200 million cubic feet per [...]
TransCanada Applies for Keystone XL Presidential Permit Again
TransCanada announced it has submitted a Presidential Permit application to the U.S. Department of State (DOS) for the Keystone XL Pipeline from the U.S./Canada border in Montana to Steele City, Nebraska. TransCanada will supplement that application with an alternative route in Nebraska as soon as that route is selected. “Keystone XL will transport U.S. crude [...]
ONEOK Partners to Invest $140 Million in Growth Projects in the Bakken Shale
ONEOK Partners plans to invest another $140 million to construct a 270-mile natural gas gathering system and related infrastructure in Divide County, N.D. The new system, which is expected to be completed in the second half of 2013, will gather and deliver natural gas from producers in the Bakken Shale in the Williston Basin to the partnership’s previously announced [...]
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