ONEOK Partners (OKS) May Invest Up to $1.8B in Bakken Crude Express Pipeline
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ONEOK Partners, L.P. (NYSE: OKS) today announced plans to invest $1.5 billion to $1.8 billion between now and 2015 to build a 1,300-mile crude-oil pipeline with the capacity to transport 200,000 barrels per day (bpd). The Bakken Crude Express Pipeline will transport light-sweet crude oil from the Bakken Shale in the Williston Basin in North Dakota to the Cushing, Okla., crude-oil market hub.
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