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Released November 02, 2018 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Williams Companies Incorporated (NYSE:WMB) (Tulsa, Oklahoma) is progressing with the buildout of its Transcontinental (Transco) natural gas pipeline system. The company has grown Transco's design capacity 62% since 2013. In addition, the company is building out its natural gas processing capacity. Industrial Info is tracking $2.2 billion in active Williams projects.
Click on the image at right for a breakdown by market region of active Williams Companies projects.
In the company's third-quarter earnings conference call, Williams Chief Executive Officer Alan Armstrong spoke of some of the company's capital projects. Among the projects highlighted was the construction of a second and third NGL extraction unit at its Oak Grove natural gas processing plant in West Virginia. Each train will be able to process 200 million cubic feet per day of liquids-rich gas from the Marcellus Shale, bringing the total plant capacity to 600 million cubic feet per day. Construction of Train 2 began in the first quarter of this year, and construction of the third train began very recently. Both trains are expected to be completed in the first quarter of 2019. For more information, see Industrial Info's project reports on Train 2 and Train 3.
Williams also is expanding gas processing capacity at a facility in Wyoming. Armstrong said, "You may recall we announced our Bucking Horse expansion project ... in late July. When finished in 2019, this expansion will increase processing capacity to 345 million cubic feet per day to serve growing customer demand in the Powder River Basin." The expansion is occurring in two sections. For more information, see Industrial Info's project reports on the additions of Train 2 and Train 3.
Among the company's major endeavors is the buildout of its Transco natural gas pipeline system, the largest natural gas pipeline system in the U.S. In October, Williams put into service its Atlantic Sunrise expansion project, which increased Transco's capacity by 1.7 billion cubic feet per day (Bcf/d) to 15.8 Bcf/d. Construction on the project began in summer 2017, with the majority of work in Pennsylvania. For more information, see Industrial Info's project reports on the Central Penn North, Central Penn South and Grugan Loop portions of the pipeline.
Williams isn't content to stop there with its Transco expansions. Armstrong said, "Very recently, the [U.S. Federal Energy Regulatory Commission] approved the start of construction for our Rivervale South to Market project that will take place primarily in New Jersey. We're targeting the 2019-2020 winter season for completion of this project, which will help meet the growing heating and power generation demand for the Northeastern customers, primarily in New Jersey and New York." The pipeline expansion will transport 190 million cubic feet per day. For more information, see Industrial Info's project report on the pipeline's main section and the Bergen Loop.
Armstrong continued, "We have another Transco expansion that will soon enhance our customers' LNG [liquefied natural gas] export needs. We are closing in on placing the Gulf Connector into service much earlier than originally planned. This project is designed to deliver about 400,000 dekatherms per day to Cheniere Energy's (NYSE:LNG) Corpus Christi liquefaction terminal and an additional 75,000 dekatherms per day of natural gas to Freeport LNG's liquefaction project, and we're going to be able to deliver those about three months ahead of what our original plans were for that project." The Gulf Connector project includes grassroot construction and expansions of compressor stations in Texas. For more information, see Industrial Info's project reports on projects near Wharton, Victoria, Sinton, Sour Lake and El Campo.
Williams reported third-quarter 2018 net income of $200 million, compared with $125 million in third-quarter 2017.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Click on the image at right for a breakdown by market region of active Williams Companies projects.In the company's third-quarter earnings conference call, Williams Chief Executive Officer Alan Armstrong spoke of some of the company's capital projects. Among the projects highlighted was the construction of a second and third NGL extraction unit at its Oak Grove natural gas processing plant in West Virginia. Each train will be able to process 200 million cubic feet per day of liquids-rich gas from the Marcellus Shale, bringing the total plant capacity to 600 million cubic feet per day. Construction of Train 2 began in the first quarter of this year, and construction of the third train began very recently. Both trains are expected to be completed in the first quarter of 2019. For more information, see Industrial Info's project reports on Train 2 and Train 3.
Williams also is expanding gas processing capacity at a facility in Wyoming. Armstrong said, "You may recall we announced our Bucking Horse expansion project ... in late July. When finished in 2019, this expansion will increase processing capacity to 345 million cubic feet per day to serve growing customer demand in the Powder River Basin." The expansion is occurring in two sections. For more information, see Industrial Info's project reports on the additions of Train 2 and Train 3.
Among the company's major endeavors is the buildout of its Transco natural gas pipeline system, the largest natural gas pipeline system in the U.S. In October, Williams put into service its Atlantic Sunrise expansion project, which increased Transco's capacity by 1.7 billion cubic feet per day (Bcf/d) to 15.8 Bcf/d. Construction on the project began in summer 2017, with the majority of work in Pennsylvania. For more information, see Industrial Info's project reports on the Central Penn North, Central Penn South and Grugan Loop portions of the pipeline.
Williams isn't content to stop there with its Transco expansions. Armstrong said, "Very recently, the [U.S. Federal Energy Regulatory Commission] approved the start of construction for our Rivervale South to Market project that will take place primarily in New Jersey. We're targeting the 2019-2020 winter season for completion of this project, which will help meet the growing heating and power generation demand for the Northeastern customers, primarily in New Jersey and New York." The pipeline expansion will transport 190 million cubic feet per day. For more information, see Industrial Info's project report on the pipeline's main section and the Bergen Loop.
Armstrong continued, "We have another Transco expansion that will soon enhance our customers' LNG [liquefied natural gas] export needs. We are closing in on placing the Gulf Connector into service much earlier than originally planned. This project is designed to deliver about 400,000 dekatherms per day to Cheniere Energy's (NYSE:LNG) Corpus Christi liquefaction terminal and an additional 75,000 dekatherms per day of natural gas to Freeport LNG's liquefaction project, and we're going to be able to deliver those about three months ahead of what our original plans were for that project." The Gulf Connector project includes grassroot construction and expansions of compressor stations in Texas. For more information, see Industrial Info's project reports on projects near Wharton, Victoria, Sinton, Sour Lake and El Campo.
Williams reported third-quarter 2018 net income of $200 million, compared with $125 million in third-quarter 2017.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
