Oneok Plans New Natural Gas Factory In North Dakota
BISMARCK, N.D. (AP) — An Oklahoma energy company says it plans to build another factory in western North Dakota capable of processing 200 million cubic feet of natural gas daily.
Tulsa-based Oneok Inc. and Gov. Jack Dalrymple announced the more than $605 million project on Wednesday. The company says the Demicks Lake factory in northeast McKenzie County is expected to be completed in 2016.
The factory would be the seventh the company is operating or building in North Dakota. Oneok says the factory will bring its total investment in North Dakota to about $4 billion.
About a third of the state's natural gas is burned off in a process called flaring and wasted due to lack of infrastructure.
Dalrymple and Oneok officials say the new plant will help curb flaring in the state.