UPDATE 1-ONEOK sees normal natgas operating levels at wkend

Fri Feb 4, 2011 2:42pm EST

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NEW YORK Feb 4 (Reuters) - ONEOK, Inc (OKE.N) said on Friday its natural gas gathering and processing assets in the U.S. Midcontinent have been disrupted by cold weather, but operating levels will return to normal at the weekend.

"The majority of problems have arisen from the freezing of producer wells due to the extreme temperatures and the lack of accessibility to facilities due to road conditions," said Brad Borror, a company spokesman in Tulsa, Oklahoma. "Currently, volumes have been improving considerably and we expect to be near normal operating levels over the weekend."

The company has more than 10,000 miles (16,100 km) of gathering pipelines with roughly 600 million cubic feet per day capacity at nine processing plants, according to its website.

It owns gathering, processing and fractionation operations in the Anadarko Basin in Oklahoma and the Hugoton and Central Kansas Uplift Basins in Kansas, it said.

Other natural gas pipeline companies operating in the U.S. Southwest were experiencing the same problems as frigid weather and storms have knocked out power and frozen in gas supplies. [ID:nN04167770] (Reporting by Jeanine Prezioso; Editing by Marguerita Choy)

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