Williams Announces Deepwater Export Agreement at Shenandoah
June 16 2021 - 7:30AM
Business Wire
Williams (NYSE: WMB) announced today that it recently reached an
export agreement with Beacon Offshore Energy Development LLC and
its co-owner ShenHai, LLC, a subsidiary of Navitas Petroleum, to
provide offshore natural gas gathering and transportation services
and onshore natural gas processing services to the Shenandoah
development through the Discovery infrastructure in the central
Gulf of Mexico. Shenandoah is located 160 miles off the coast of
Louisiana in the Walker Ridge area of the Gulf of Mexico.
“Our interconnected offshore and onshore infrastructure allows
us to maximize value for our customers by providing a safe,
seamless and direct path to market for deepwater producers in the
Gulf,” said Micheal Dunn, Chief Operating Officer for Williams.
“Our investment in Shenandoah is a strategic expansion of our Gulf
of Mexico infrastructure which further strengthens our portfolio of
services. We are pleased to provide the entire spectrum of
midstream capabilities to Beacon that will capture the full value
of these important deepwater resources.”
Facilities to be installed include a five-mile offshore lateral
pipeline build from the Shenandoah platform to Discovery’s existing
Keathley Canyon Connector pipeline, and additional onshore
processing facilities to handle the expected rich Shenandoah
production. The new, rich natural gas will be transported to
Discovery’s processing plant in Larose, Louisiana, and the natural
gas liquids will be fractionated and marketed at Discovery’s
Paradis plant in Louisiana.
Shenandoah is expected to come online as early as late 2024.
Williams’ assets in the Gulf of Mexico offer producers the full
value chain of capabilities – including gathering, transmission,
processing and fractionation. Williams owns and operates 3,500
miles of natural gas and oil gathering and transmission pipeline,
along with 1.8 BCF/d of cryogenic processing capacity and 60,000
barrels per day of fractionation capacity serving the Gulf of
Mexico. The company has ownership in two floating production
platforms, multiple fixed leg utility platforms, and numerous other
related facilities.
About Williams
Williams (NYSE: WMB) is committed to being the leader in
providing infrastructure that safely delivers natural gas products
to reliably fuel the clean energy economy. Headquartered in Tulsa,
Oklahoma, Williams is an industry-leading, investment grade C-Corp
with operations across the natural gas value chain including
gathering, processing, interstate transportation and storage of
natural gas and natural gas liquids. With major positions in top
U.S. supply basins, Williams connects the best supplies with the
growing demand for clean energy. Williams owns and operates more
than 30,000 miles of pipelines system wide – including Transco, the
nation’s largest volume and fastest growing pipeline – and handles
approximately 30 percent of the natural gas in the United States
that is used every day for clean-power generation, heating and
industrial use.
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version on businesswire.com: https://www.businesswire.com/news/home/20210616005301/en/
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INVESTOR CONTACTS: Danilo Juvane (918) 573-5075
Grace Scott (918) 573-1092
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