No Major Damage Identified at Williams Partners’ Facilities Following Hurricane Harvey
September 06 2017 - 8:00AM
Business Wire
Williams Partners (NYSE: WPZ) today announced that its
facilities that serve gas and oil producers in the Gulf Coast area
experienced no major damage as a result of Hurricane Harvey.
The majority of the partnership’s facilities required to handle
offshore production have been inspected and are ready for service.
However, as of Sept. 6, some production remains shut-in pending a
pre-start test and the restart of the third-party operated Quintana
Crude Oil Terminal.
Williams Partners said it is starting to see some offshore
production come back online. For the Transco system, there is now
about 200 MMcf/d of offshore gas supply being shut in by Gulf
producers feeding the Transco system. Transco anticipates offshore
production to resume over the next few days and will confirm
nominations from previously impacted locations.
Transco has not experienced any operational issues; assessments
remain ongoing, but no significant facility damage has been
identified during the partnership’s inspections.
Williams Partners’ gathering systems in the Gulf Coast area are
also ready for service following post-hurricane inspections and
expect third-party producers to resume flow into these systems in
the next 24-48 hours. Discovery’s Keathley Canyon Connector resumed
normal operations on Aug. 28.
Williams continues to focus on the needs of its employees who
were impacted by the storm in the hurricane-affected areas.
Employees affected by Harvey are being supported through the
Williams emergency disaster relief fund, which includes direct
assistance for Williams employees with immediate financial
needs.
Last week Williams also announced that it is contributing
$500,000 to the United Way of Greater Houston's flood relief
fund.
The company continues to monitor needs in the area and,
consistent with its core values and beliefs, will determine other
ways to assist throughout the Gulf Coast region.
About Williams & Williams PartnersWilliams (NYSE:
WMB) is a premier provider of large-scale infrastructure connecting
U.S. natural gas and natural gas products to growing demand for
cleaner fuel and feedstocks. Headquartered in Tulsa, Okla.,
Williams owns approximately 74 percent of Williams Partners L.P.
(NYSE: WPZ). Williams Partners is an industry-leading, large-cap
master limited partnership with operations across the natural gas
value chain including gathering, processing and interstate
transportation of natural gas and natural gas liquids. With major
positions in top U.S. supply basins, Williams Partners owns and
operates more than 33,000 miles of pipelines system wide –
including the nation’s largest volume and fastest growing pipeline
– providing natural gas for clean-power generation, heating and
industrial use. Williams Partners’ operations touch approximately
30 percent of U.S. natural gas. www.williams.com
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the company
believes any such statements are based on reasonable assumptions,
there is no assurance that actual outcomes will not be materially
different. Any such statements are made in reliance on the “safe
harbor” protections provided under the Private Securities Reform
Act of 1995. Additional information about issues that could lead to
material changes in performance is contained in the company’s
annual and quarterly reports filed with the Securities and Exchange
Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20170906005571/en/
Williams PartnersMEDIA CONTACT:Keith Isbell,
918-573-7308orINVESTOR CONTACT:Brett Krieg, 918-573-4614
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