Williams Companies, Inc. (the) · NYSE:WMB
Williams Companies, Inc. (the) — Corporate Update (2014)
36 slides from Williams Companies, Inc. (the)'s corporate update, 2014
Slide 1: Transco Update Spring 2014
Transco Update Spring 2014 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 2: Forward-Looking Statements
Transco Update 2014 Forward-Looking Statements The reports, filings, and other public announcements of The Williams Companies, Inc. 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
Slide 3: Forward-Looking Statements continued
Transco Update 2014 Forward-Looking Statements continued > Ability to acquire new businesses and assets and integrate those operations and assets into our existing businesses, as well as expand our facilities; > Development of alternative energy sources; > The impact of operational an d development
Slide 4: Commercial Operations Organization
Transco Update 2014 Commercial Operations Organization Jim Moore Vice President Transco Commercial Camilo Amezquita Melissa Casey Gary Duvall Director Director Director Customer Service Transportation Service Business Development 4 Spring Customer Meetings | 2014 © 2014 The Williams Companies, Inc.
Slide 5: Commercial Operations - Customer Service
Transco Update 2014 Commercial Operations - Customer Service Camilo Amezquita Director Customer Service Keith Higginbotham Dick Szepe Suzanne Heiser Larry Cunningham Manager Manager Laurie Catlett Customer Service Customer Service Leads Customer Service Market Area Production Area Transportation Mar
Slide 6: Winter Highlights
Transco Update 2014 Winter Highlights New all time market area delivery peak day set on January 7, 2014 with 11.9 MMdt. Deliveries for the period December through March averaged 1.4 MMdt/day greater than same period last year. 24 of the top 25 all time delivery days occurred this winter Non-
Slide 7: Peak Day Deliveries And System Capacity
Transco Update 2014 Transco Peak Day Deliveries* And System Capacity 16 Peak Day 15 3 Day Peak 14 Contractual Capacity Quantity (MMDthd) 13 12 11.88 11.12 11 10.49 9.96 9.90 10 9.52 9.25 9.25 Future Incremental 8. 91 9.00 8.99 9 8.64 Expansion Projects 8.24 8.23 8 07 - 08 08 - 09 09 - 10 10 - 11 11
Slide 8: Market Deliveries By Zone
Transco Market Deliveries By Zone 14,000,000 Transco Peak Day: 1/7/2014 12,000,000 10,000,000 8,000,000 Dthd 6,000,000 4,000,000 2,000,000 0 ZONE 4A ZONE 4 ZONE 5 ZONE 6 Total Deliveries 8 Spring Customer Meetings | 2014 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 9: Daily Average Deliveries Zones 4, 4A, 5, 6 December - March
Transco Update 2014 Daily Average Deliveries Zones 4, 4A, 5,6 December - March 10,000,000 2013/2014 9,500,000 9,000,000 8,500,000 2012/2013 8,000,000 7,500,000 7,000,000 9 Spring Customer Meetings | 2014 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 10: Heating Degree Days (January through March 2014)
Transco Update 2014 Heating Degree Days (January through March 2014) 3500 New York City 3000 2500 Heating Degree Days Charlotte Atlanta 2000 1500 1000 500 0 1 2 3 Total Normal 2557 1741 1561 Total Actual 2906 1969 1791 % Variance 114% 119% 126% 10 Spring Customer Meetings | 2014 © 2014 The Williams
Slide 11: Top Market Area Delivery Days vs Contractual Capacity
Transco Update 2014 Top 25 Market Area Delivery Days vs Contractual Capacity 12,000,000 11,500,000 11,000,000 Contractual Capacity 10,500,000 10,000,000 9,500,000 12/12/2013 2/17/2013 1/21/2014 1/22/2014 1/23/2014 1/24/2014 1/28/2014 1/29/2014 1/30/2014 2/12/2014 2/26/2014 2/27/2014 3/13/2014 3/17/2
Slide 12: Non-Ratable Flow Rates Provide Operational Challenges
Transco Update 2014 Non-Ratable Flow Rates Provide Operational Challenges Gas Day February 26, 2014 Daily Flow Rate Daily Volume 15,000 14,000 System drafting, increase storage withdrawals if available. System pressure degrading 13,000 12,000 11,000 10,000 9,000 System packing, defer storage withdra
Slide 13: Storage Inventory Status 2013-2014
Transco Update 2014 Storage Inventory Status 2013-2014 225 200 175 150 117 Bcf 93% 125 100 75 50 85 Bcf 84% 19% 25 26% 0 Working Capacity Nov. 1 Mar. 31 Production Area Market Area 13 Spring Customer Meetings | 2014 © 2014 The Williams Companies, Inc. All rights reserved. 13
Slide 14: Going Forward…
Transco Update 2014 Going Forward… Additional analyses of utilization, especially on laterals is needed to determine if additional throughput section boundaries(constraints)are needed Evaluation of the tariff tools available Did using Imbalance OFOs provide for system integrity and still meet
Slide 15: Leidy Line Marcellus Production Activity
Transco Update 2014 Leidy Line Marcellus Production Activity 15 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 16: Leidy Line Volumes Ramping Up
Transco Update 2014 Leidy Line Volumes Ramping Up Marcellus Flow Volumes (MDth/d) 4,000 3,500 Marcellus Interconnect Capacity: In Service: 6,221 MDth/d 3,000 In Progress: 311 MDth/d 2,500 MDth/d 2,000 1,500 1,000 500 0 16 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 17: Leidy Line Volumes Ramping Up
Transco Update 2014 Leidy Line Volumes Ramping Up 4,000 CANOE RUN M3605 GRUGAN #2 M3633 BARTO M3602 MILLER HILL M3637 GUINTER M3632 OTHER LIBERTY DRIVE M3636 BREON M3625 TOMBS RUN M3610 CHAPIN M3642 MARC I PUDDLEFIELD M3631 3,500 3,000 2,500 MDth/d 2,000 1,500 1,000 500 0 17 © 2014 The Williams Comp
Slide 18: Transco System Flows
Transco System Flows Marcellus supplies on the Leidy Line continue to increase Zone 6 Rivervale TETCO’s TEMAX expansion delivers Rockies/Marcellus supplies ’13-’14 208 MDthd to Lower Chanceford Leidy ’13-’14 1,649 MDthd Mobile Bay volumes flow southward on a regular basis 210 Steady volumes
Slide 19: Receipt Activity: Allocated Volumes
Transco Update 2014 Transco Receipt Activity A dip in Production Area volumes the end of August 2008 which is likely attributable to Hurricane Gustav. A decrease in Production Area volumes and a subsequent increase in Zone 4 volumes can be seen in early July of 2009 as the Station 85. 14 Trace
Slide 20: Upcoming Maintenance with Potential Impacts
Transco Update 2014 Upcoming Maintenance with Potential Impacts Job # Start Date End Date Location Zone Maintenance Activity Anticipated Impact May impact availability of 23.875" Leidy Line A (Sta. 515 to interruptible services, including IT, 60 4/1/2014 4/10/2014 6 Pipeline Inspection Delaware Rive
Slide 21: Zone 6 Constrained Areas
Transco Update 2014 Zone 6 Constrained Areas 21 Spring Customer Meetings | 2014 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 22: Shale Supplies Impact Transco Flows
Transco Update 2014 Shale Supplies Impact Transco Flows Shale Gas to Transco Projected Flows on Transco Marcellus Shale Shale Play Zone 6 Transco Shale Receipts Northeast Markets Zone 5 Mid-Atlantic Markets Mid-Continent Shale Zone 4 85 Zone 3 65 Southeast 45 Markets Eagle Ford Shale Zone 2 Florida
Slide 23: Northern Market Area Projects
Transco Update 2014 Northern Market Area Projects 23 Spring Customer Meetings | 2014 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 24: Leidy Southeast
Transco Update 2014 Leidy Southeast Project Shippers: MDthd > WGL Midstream 20 > Anadarko Energy Services Company 50 > MMGS Inc. 50 > Piedmont Natural Gas Company 100 > Public Service Company of North Carolina, Inc. 100 > South Carolina Electric & Gas Company 40 > Washington Gas Light Company 165 >
Slide 25: Atlantic Sunrise
Transco Update 2014 Atlantic Sunrise > Firm transportation paths from points along the Leidy Line to our Station 85 Pool in Alabama (850 MDth/d) and from the Susquehanna Supply Hub to River Road (500 MDth/d), a new interconnect on Transco’s mainline, and to our existing interconnect with Cove Point
Slide 26: Constitution Pipeline
Transco Update 2014 Constitution Pipeline > A 125-mile, 30-inch pipeline connecting Williams’ Midstream System in Susquehanna County, PA to Iroquois Gas Transmission and Tennessee Gas Pipeline in Schoharie County, NY Iroquois Wright & > Capacity: 650 MDth/d TGP Line 200 > Shipper: Cabot (500 MDthd);
Slide 27: Southern Market Area Projects
Transco Update 2014 Southern Market Area Projects Project Name ISD MDth/d Zone 6 210 Mobile Bay South III 2015 225 Virginia Southside 2015 270 Hillabee Expansion (Ph. 1 & 2) 2017/2020 1,025 Dalton Expansion 2017 450 Richmond 160 Dalton Expansion • Loop & compression Charlotte Virginia Southside • 99
Slide 28: Virginia Southside Expansion
Transco Update 2014 Virginia Southside Expansion > Expansion from Transco’s Zone 6 Station 210 Pooling Point to Transco’s Cascade Creek, Pleasant Hill and proposed Brunswick delivery meters on the South Virginia New York Lateral. Zone 6 > Shippers are Dominion Virginia Power for 250 MDth/d and Piedm
Slide 29: Hillabee Expansion
Transco Update 2014 Hillabee Expansion > Point-to-point lease with Spectra’s proposed Sabal Trail from Station 85 to a new interconnect in Hillabee, AL. > Sabal Trail will use lease capacity plus will build a greenfield pipeline to central Florida to serve Florida markets. > Facilities: Loop and com
Slide 30: Dalton Expansion
Transco Update 2014 Dalton Expansion > Expansion from Transco’s Station 210 to interconnections in northern Georgia. > Facilities include compression, pipe and new interconnections and mainline modifications. > Capacity: Up to 448 MDth/d. > Estimated in-service date: 2Q 2017. 30 Spring Customer Meet
Slide 31: Mobile Bay South III
Transco Update 2014 Mobile Bay South III > Provides additional firm southbound capacity on Mobile Bay line – Begins at Station 85 – Extends as far south as the interconnection with Bay Gas Storage and FGT at Citronelle > Shippers are Southern Company for 200 MDth/d and PowerSouth for 25 MDth/d > Cap
Slide 32: Unsubscribed Capacity
Unsubscribed Capacity 32 Spring Customer Meetings | 2014 © 2014 The Williams Companies, Inc. All rights reserved.
Slide 33: Station 30 – BGE Beaver Dam
Station 30 – BGE Beaver Dam > FT Service Zone 6 > Telescoped Capacity > TCQ 2,264 dts per day 195 210 > Firm Path from Station 30 – BGE Beaver Dam > Access to Zones 1 – 6 > Open Season has not been held BGE-Beaver Dam > Available November 1, 2015 > Max Demand Rate $.50547 Zone 5 Zone 4 Zone 3 85 Zon
Slide 34: Station 30 – Delmarva
Station 30 – Delmarva > FT Service Zone 6 > Seasonal (December 1 thru February 28) > Telescoped Capacity (includes incremental capacity from Washington Storage to Station 65) 195 210 > TCQ 1,656 dts per day > Firm Path from Station 30 – Delmarva Delmarva > Access to Zones 1 – 6 > Open Season has not
Slide 35: Mobile Bay Lateral Capacity
Mobile Bay Lateral Capacity > FT Service > Non Seasonal Capacity 85 > TCQ 332,250 dts per day 85 – Zn 4A Pool > Firm Path from Main Pass 261 to Station 85- Zn 4A Pool > Access to Zones 4A – 4B > Currently Available > Max Demand Rate $. 12377 S Bay Gas Storage Southern Pines S 83 Storage Citronelle M
Slide 36: Production Area Available Capacity
Production Area (Transportation and Storage) Available Capacity > FT Service Non Seasonal Capacity 85 > Firm Path from Station 62 to Station 65 > 47,346 dts per day currently available > Available Storage Capacity Zone 4 S > Eminence Storage (EESWS & ES) 65 > 738,593 Storage Capacity Zone 3 S 45 Zon