Aug 5 (Reuters) - Midstream company ONEOK ( OKE ) said
on Tuesday it has made a final investment decision to build a
new natural gas processing plant in the Delaware Basin, aiming
to grow its footprint in the top U.S. shale field as gas volumes
surge.
The Big Horn plant will have a capacity to process 300
million cubic feet per day of natural gas and treat high-carbon
dioxide gas, the company said on its post-earnings call.
The facility and associated treater are expected to cost
about $365 million and begin service in mid-2027.