Williams’ Transco Pipeline Delivers Record Volumes in Early January
January 15 2015 - 8:25AM
Business Wire
Williams (NYSE: WMB) announced today that it delivered a record
amount of natural gas on its Transco interstate gas pipeline to
meet demand driven by recent cold weather in markets on the U.S.
Eastern Seaboard. Two recently completed expansions of Transco,
totaling 315,000 dekatherms per day (dth/d) of natural gas
transportation capacity, contributed to the volume record in early
January.
The nation’s largest-volume natural gas transmission system,
Transco delivered a record-breaking 12.6 million dekatherms (MMdt)
on Jan. 7 for its Zones 4-6 market area stretching from Mississippi
to New York City. The new peak-day mark surpasses the previous high
of 11.9 MMdt set on Jan. 7, 2014. Transco also set a three-day
market area delivery record Jan. 7-9, averaging 11.9 MMdt. The Jan.
7, 2015 record volume represents enough gas to heat about 50
million U.S. homes.
In addition this year, total peak-day deliveries across the
entire Transco system stretching from South Texas to New York City
totaled 13.4 MMdt on Jan. 7. Williams expects deliveries to
increase substantially in the coming years as additional planned
Transco projects go into service.
“We fully expected to hit another record this year because
natural gas demand for home heating and power generation continues
to grow in new markets,” said Frank Ferazzi, vice president &
general manager of Williams’ Transco pipeline. “In anticipation of
this steady demand growth, we are continually expanding our Transco
system to serve the fastest growing markets in the country in the
Northeast and along the Eastern Seaboard.”
On Dec. 1, 2014, portions of two Transco expansions were placed
into service, contributing to this year’s record. The projects
included modifications to Transco’s mainline as part of the
Virginia Southside Expansion (250,000 dth/d) and a portion of the
Northeast Connector (65,000 dth/d).
Since 2003, the company has placed into service 22 Transco
growth projects, which have increased the system capacity by 3.5
Bcf/d or about 53 percent. To meet future demand for firm natural
gas transportation capacity, Williams has previously announced
approximately $4.4 billion of Transco growth projects that are
expected to be placed into service between 2015 and 2017. The
expansions, which consist of 12 projects in seven eastern states,
are designed to serve customers’ demand for power generation,
industries and local distribution.
The Transco pipeline is a 10,200-mile pipeline system that
transports natural gas to markets throughout the northeastern and
southeastern United States. Transco is a wholly owned subsidiary
of Williams Partners L.P. (NYSE: WPZ), of which Williams
owns controlling interests and is the general partner.
About Williams
Headquartered in Tulsa, Okla., Williams is one of the leading
energy infrastructure companies in North America. It owns
controlling interests in both Williams Partners L.P. and Access
Midstream Partners, L.P. through its 100-percent ownership of the
general partner of each partnership. Additionally, Williams owns
approximately 66 percent and 50 percent of the limited partner
units of Williams Partners L.P. and Access Midstream Partners,
L.P., respectively.
Williams Partners owns and operates both on-shore and offshore
assets of approximately 15,000 miles of natural gas gathering and
transmission pipelines, 1,800 miles of NGL transportation
pipelines, an additional 11,000 miles of oil and gas gathering
pipelines and numerous other energy infrastructure assets. Williams
Partners’ operated facilities have daily gas gathering capacity of
approximately 11 billion cubic feet, processing capacity of
approximately 7 billion cubic feet, NGL production of more than
400,000 barrels per day and domestic olefins production capacity of
1.95 billion pounds of ethylene and 90 million pounds of propylene
per year.
Access Midstream Partners owns and operates natural gas
midstream assets across nine states, with an average net throughput
of approximately 4.13 billion cubic feet per day and more than
6,773 miles of natural gas gathering pipelines. ACMP’s operations
are focused on the Barnett, Eagle Ford, Haynesville, Marcellus,
Niobrara and Utica Shales and the Mid-Continent region of the
U.S.
For more information about Williams, Williams Partners and
Access Midstream Partners, visit the Investor Center at
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 reports filed with the Securities and Exchange
Commission.
WilliamsMedia Contact:Tom Droege,
918-573-4034orInvestor Contacts:John Porter,
918-573-0797orBrett Krieg, 918-573-4614
Williams Partners (NYSE:WPZ)
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