Oneok Completes $1B of Midstream Infrastructure

Tulsa-based Oneok Partners LP said on Monday it has completed three natural gas gathering/processing and natural gas liquids (NGL) projects totaling nearly $1 billion. The projects are part of the company's previously announced $6 to $6.4 billion capital program through 2016, and the partnership has $2-3 billion in unannounced projects on the drawing board. Read More

PostRock Acquiring Central Oklahoma Acreage

PostRock Energy Corp. is buying about 22,000 net acres of leasehold in Pottawatomie, Cleveland and McCain counties in central Oklahoma for $3 million in cash and $7 million of its common stock. The company is targeting multiple reservoirs, the most significant of which is the Woodford Shale. Read More

Gulf South Project to Link Shales to Louisiana Demand

Gulf South Pipeline Co. LP is targeting growing industrial demand in the Baton Rouge-New Orleans, LA, region with a potential expansion of its system that would tap shale gas supplies from multiple basins. The project joins another targeting a similar market from rival Spectra Energy Transmission. Read More