Demicks Lake III Natural Gas Processing Facility

The 200-MMcf/d Demicks Lake III natural gas processing plant in McKenzie County, North Dakota, is expected to cost approximately $140 million to complete. The facility, which is supported by acreage dedications with primarily fee-based contracts, is expected to be completed in the first quarter of 2023.

The new plant will increase ONEOK's Williston Basin natural gas processing capacity to approximately 1.9 billion cubic feet per day.

Mont Belvieu 5 Fractionator

The 125,000 bpd MB-5 fractionator in Mont Belvieu, Texas, is fully contracted and expected to cost approximately $250 million to complete. The facility is expected to be completed in the third quarter of 2023 and will increase ONEOK's total NGL fractionation capacity to more than 1 million bpd.