Williams Companies, Inc. (the) · NYSE:WMB
Williams Companies, Inc. (the) — Transcontinental Gas Pipe Line Company, LLC (Transco) — Corporate Update (2017)
35 slides from Williams Companies, Inc. (the)'s corporate update, 2017
Slide 1: Transco Spring Update 2017
Transco Spring Update 2017 Transco Station 515, Leidy Southeast Project in PA Photo by Williams employee, Peter Poarch, Engineer
Slide 2: Forward Looking Statements
Forward Looking Statements > The reports, filings, and other public announcements of The Williams Companies, Inc. (Williams) and Williams Partners L.P. (WPZ) may contain or incorporate by reference statements that do not directly or exclusively relate to historical facts. Such statements are “forwar
Slide 3: Forward Looking Statements (cont'd)
Forward Looking Statements (cont’d) – The impact of existing and future laws, regulations, the regulatory environment, environmental liabilities, and litigation, as well as our ability to obtain permits and achieve favorable rate proceeding outcomes; – Williams’ costs and funding obligations for def
Slide 4: Commercial Operations - Customer Services
Commercial Operations - Customer Services Gary Duvall VP Transco Commercial Hector Alatorre Director Customer Services Keith John Cassapo Leneva Suzanne Heiser Higginbotham Bill Eiser Aschermann Laurie Catlett Manager Manager Leads Business Business Development – Development – Production Area Custom
Slide 5: Transco Business Development Group
Transco Business Development Group Gary Duvall VP Transco Commercial Camilo Amezquita Director, Business Development Toi Anderson Steven Baroni Robert Biffle Ross Conatser Sr. Business Business Business Sr. Business Development Rep Development Lead Development Lead Development Rep 5 Spring Update 20
Slide 6: Transco: Access to Cost-effective Supplies and Premium Markets
Transco: Access to Cost-effective Supplies and Premium Markets > Nation’s largest-volume natural transmission Transco System Facts Capacity gas pipeline Contracted Capacity 12.9 MMDt/d Miles of Pipe 9,700 miles > Extends 1,800 miles Mainline Miles 1,800 miles from South Texas to Compressor Stations
Slide 7: Transco Peak Day Deliveries and System Capacity
Transco Peak Day Deliveries and System Capacity Future Incremental Expansion Projects > Note: Includes all system deliveries and all Zones. 7 Spring Update 2017 © 2017 The Williams Companies, Inc. All rights reserved.
Slide 8: Connecting Growing Regional Natural Gas Demand with Best-in-class Production Basins
Connecting Growing Regional Natural Gas Demand with Best-in-class Production Basins Poised to capture emerging, demand-side opportunities +15 23 38 +0.5 +1 +2 14 14.5 11 12 +1 15 17 12 13 +11 +5 26 37 +2 37 42 12 14 Regional Production change, 2016 to 2021 (Bcf/d) (1) Regional Demand
Slide 9: Transco System Supplies
Volume (MMscf) Receipt Receipt or Receipt / Delivery / Net or Lateral 02-12-2015 to 02-12-2016 02-12-2016 to 02-12-2017 % Chg Transco System Supplies McMullen 150 / (20) / 130 63 / (15) / 48 (63%) Leidy CTGS 262 / (99) / 163 214 / (89) / 125 (23%) Lambertville SWLA 205 / (163) / 42 110 / (84) / 26 (
Slide 10: Leidy Receipts
Leidy Receipts 10 Spring Update 2017 © 2017 The Williams Companies, Inc. All rights reserved.
Slide 11: Transco is advantaged to compete for significant North American demand growth
Transco is advantaged to compete for significant North American demand growth LNG export demand growth accounts for ~50% of total demand growth along Transco through 2020 Demand Pull Through 2020 in Bcf/d LNG Exports 5.6 11.7 Mexico Exports 1.9 Bcf/d Industrial 1.4 Res/Com 0.9 Power 0.5 Other 1.4 So
Slide 12: Transco Deliveries to End Users by State
Transco Deliveries to End Users by State 12 Spring Update 2017 © 2017 The Williams Companies, Inc. All rights reserved.
Slide 13: Leidy Line Update
Leidy Line Update > Transco is working very diligently to return all of the Leidy facilities to full operating pressure. > Background – Transco Leidy Line “B”, a 24 inch transmission line failed near Unityville, PA on June 9, 2015. No one was injured. – Transco has determined the failure of a 24-inc
Slide 14: Wharton Storage Update
Wharton Storage Update > On December 22, 2016 Transcontinental Gas Pipe Line Company, LLC (“Transco”), provided notice of a force majeure event, pursuant to Section 11 of the General Terms and Conditions of its FERC Gas Tariff, due to an unplanned outage due to a fire at its Station 535, part of the
Slide 15: Mainline Reverse Flow Update
Mainline Reverse Flow Update > Hydraulics – The mainline is consistently flowing north to south, during times of reduced Zone 6 loads, from the Station 210 pool to the Station 165 pool. – Mainline stations configured to compress southward or northward: • Station 150 • Station 165 • Station 175 • Sta
Slide 16: Mainline Reverse Flow Update
Mainline Reverse Flow Update > Odorization – Odorization work to monitor and adjust for varying levels of odorant. – Current odorization facilities that will not change: • Leidy Storage Facility – will continue to odorize the gas stream flowing from west to east • Station 200 – will continue to odor
Slide 17: System Storage
System Storage > Over the past 15 years, Transco has added over 5 million dekatherms of firm transportation capacity and seen an increase in the utilization of existing capacity while maintaining a fairly consistent level of storage on its system. > Over the next several years, Transco’s dramatic gr
Slide 18: Modernization Program and System Maintenance
Modernization Program and System Maintenance > Modernization Program – Evaluation – A strategic and defined program to upgrade and/or replace HP/Compression and pipeline facilities that • Require replacement based on risk profile • Require upgrades to meet new / emerging PHMSA and EPA rules • Provid
Slide 19: Fuel Tracker and Electric Power Tracker Filings
Fuel Tracker and Electric Power Tracker Filings > Fuel Tracker Filing – Transco will begin assessing fuel on reverse flow transactions in Zones 5 and 6 effective April 1, 2017, as Transco has experienced the need to run compression to effectuate flows from North to South. Transco revised its fuel re
Slide 20: Rate Case Update
Rate Case Update > As agreed in Article VI of the Stipulation and Agreement in Docket No. RP12-993, et al., Transco will file a NGA Section 4(e) general rate case no later than August 31, 2018. > Assuming that the filing date is August 31, 2018, the base period for the rate case will be June 1, 2017
Slide 21: eContracting in 1Line
eContracting in 1Line* > Customers with existing Firm Transportation (FT) contracts may now generate an unexecuted representation of their FT contract by selecting “View eContract” from the Contracts pages. > New FT agreements may be executed electronically by parties with the “Contract Execution” r
Slide 22: Over $2.7 Billion In Transco Expansions (2010-2017)
Over $2.7 Billion In Transco Expansions (2010-2017) Strong track record of successfully building system expansions to meet customers’ needs… when they need it. Capex # Project In-Service MDth/d ($MM) 1 Mobile Bay South 2010 253 $37 2 Mobile Bay South II 2011 380 $33 Zone 6 8 9 12 3 85 North 2010/201
Slide 23: Fully Contracted Expansions in Markets Served by Transco
Fully Contracted Expansions in Markets Served by Transco Project In-Service Mdt/d Atlantic Sunrise 2017(1) 1,700 Dalton Expansion 2017 448 Garden State 2017 / 2018 180 Atlantic Sunrise(1) H2 2017 New York Bay Hillabee Expansion – Phase I 2017 818 Expansion Q4 2017 New York Bay 2017 115 Virginia Sout
Slide 24: Clear Line of Sight to Future Regulated Pipeline Growth
Clear Line of Sight to Future Regulated Pipeline Growth: Steady Progress in Challenging Regulatory Environment REGULATORY MILESTONES FOR FULLY CONTRACTED REGULATED EXPANSIONS(1) Other Federal / State / Local Permits Major Shipper FERC Certificate FERC FERC Construction In-service Commitments Applica
Slide 25: Garden State Expansion
Garden State Expansion Status: • FERC Order received on April 7, 2016. Garden State Expansion • Target In-Service Date: Phase I – Q3 2017 and Phase II – Q2 2018. 505 207 PA 210 205 Zone 6 Trenton > Expansion from Station 210 in Mercer County, NJ to a new delivery point with New Jersey 203 Natural on
Slide 26: Dalton Expansion
Dalton Expansion Status: • In construction. Dalton Expansion • Target In-Service Date: 2017. > Expansion from Transco’s Station 210 to markets in northwest Georgia. > Service will be provided under Transco’s FT Service. > Capacity: 448 MDth/d. Shipper Dth/d AGL 235,000 Oglethorpe 208,000 City of Car
Slide 27: Hillabee Expansion
Hillabee Expansion Status: • In construction. Hillabee Expansion • Target In-Service Date (Phase I): as early as Q2 2017 (818 MDth/d) (Phase II): Q2 2020 (207 MDth/d). Zone 5 Zone 4 > Point-to-point lease with Spectra from Station 85 to a new interconnect in Hillabee, AL > Sabal Trail will use lease
Slide 28: Atlantic Sunrise
Atlantic Sunrise Status: • FERC Order received on February 3, 2017. Atlantic Sunrise • Target In-Service Date: H2 2017 (1). > Expansion of Transco’s Leidy Line to New York City Mid-Atlantic and Southeast Markets Zone 6 > Provides access to markets in Zones 6, 5 To River Road: 195 and 4 500 Mdth/d >
Slide 29: New York Bay Expansion
New York Bay Expansion Status: • In construction. New York Bay Expansion • Target In-Service Date: Q4 2017. > Expansion from Station 195 in York County, PA to two existing delivery points in New York > Will be provided under Transco’s FT Service > Capacity: 115 MDth/d 303 > 50 MDth/d to Narrows and
Slide 30: Virginia Southside II
Virginia Southside II Status: • In construction. Virginia Southside II • Target In-Service Date: Q4 2017. > Expansion from Transco’s Zone 6 Station 210 Pooling Point and Station 165 Pooling point to a new delivery point off of the South Virginia Lateral New York City Zone 6 > Will be provided under
Slide 31: St. James Supply Project
St. James Supply Project Status: • FERC Application filed February 7, 2017. St. James Supply Project • Target In-Service Date: H1 2019. 85 > Incremental transportation from Transco’s Station 65 to a new interconnect with the proposed YCI M1 facility > Will be provided under Transco’s FT Service Zone
Slide 32: Gulf Connector Expansion Project
Gulf Connector Status: Gulf Connector Expansion • • FERC Application filed August 16, 2016. Target In-Service Date: Phase I H2 2018 Project and Phase II 2019. > An expansion of Transco's mainline from Station 85 65 to LNG delivery points in Zone 2 and Zone 1 MS > Will be provided under Transco’s FT
Slide 33: Northeast Supply Enhancement
Northeast Supply Enhancement Status: • Pre-Filing granted: May 18, 2016. Northeast Supply Enhancement • Target In-Service Date: late 2019 or H1 2020. > Expansion from Station 195 in York County, PA to the Rockaway Lateral in New York Bay. > Will be provided under Transco’s FT Service. 303 > Capacity
Slide 34: Proposed: Southeastern Trail Expansion Project
Proposed: Southeastern Trail Expansion Project Status: Proposed: Southeastern Trail • Non-Binding Open Season: • Began February 9, 2017 Expansion Project • Ends March 22, 2017 at 3:00 p.m. CCT > Expansion from the existing Zone 5 Zone 6 Pleasant Valley Interconnect between River PA 210 Transco and D
Slide 35: Transco…the future.
Transco…the future. 2020 Marcellus supply > Strategic location to both diverse supply & premium markets > Low rates & increased demand for new capacity > Increasing bi-directional capability Midcontinent supply 35 Spring Update 2017 © 2017 The Williams Companies, Inc. All rights reserved.
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