Williams Companies, Inc. (the) · NYSE:WMB
Williams Companies, Inc. (the) — Transcontinental Gas Pipe Line Company, LLC (Transco) — Corporate Update (May 2016)
40 slides from Williams Companies, Inc. (the)'s corporate update, May 20, 2016
Slide 1: Transco Spring 2016 Update
Transco Spring 2016 Update Customer Services As revised on May 20, 2016
Slide 2: Forward-Looking Statements – WPZ 2016
Forward-Looking Statements – WPZ 2016 The reports, filings, and other public announcements of 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 “forward-looking statements” within the me
Slide 3: Forward-Looking Statements continued
Forward-Looking Statements continued • Inflation, interest rates, fluctuation in foreign exchange rates and general economic conditions (including future disruptions and volatility in the global credit markets and the impact of these events on customers and suppliers); • The strength and financial r
Slide 4: Commercial Operations - Customer Services
Commercial Operations - Customer Services Camilo Amezquita Director Customer Services Bill Eiser Steven Baroni Suzanne Heiser Keith Higginbotham Leneva Aschermann Laurie Catlett Manager Manager Leads Business Business Development – Development – Customer Service Market Area Contracts Transportation
Slide 5: Transco System Overview
Transco System Overview System Facts > Peak design capacity 11.5 MMDth/d LEIDY 91 MMDth Zone 6 > ~ 9,700 miles of pipe W/D 1,328 MDth/d Inj. 519 MDth/d – 2,000 mainline miles > 47 Compressor Stations STA. 240 LNG 2 MMDth – 1.8 MM HP W/D 399 MDth/d Inj. 10 MDth/d > ~ 900 Active Metering Points Zone 5
Slide 6: 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. 6 Spring Update 2016 © 2016 The Williams Companies, Inc. All rights reserved.
Slide 7: Transco System Supplies
Volume (MMscf) Receipt Receipt or Receipt / Delivery / Net or Lateral 2014 2015 % Chg Transco System Supplies McMullen 176 / (20) / 156 163 / (22) / 141 (10%) Leidy CTGS 246 / (117) / 125 262 / (101) / 161 29% Lambertville SWLA 257 / (209) / 48 220 / (177) / 43 (10%) Rivervale CENLA 126 / (18) / 108
Slide 8: Leidy Receipts
Leidy Receipts 8 Spring Update 2016 © 2016 The Williams Companies, Inc. All rights reserved.
Slide 9: Transco Deliveries to End Users by State
Transco Deliveries to End Users by State 9 Spring Update 2016 © 2016 The Williams Companies, Inc. All rights reserved.
Slide 10: Throughput Section Boundaries (TSBs) -aka Capacity Constraints
Throughput Section Boundaries (TSBs) -aka Capacity Constraints Milltown TSBs are used to control gas flow in order to ensure primary firm obligations are satisfied where requests for service may exceed available capacity. TSBs limit only non-primary firm services (secondary firm, NSRP and IT) un
Slide 11: 2016 Summary Maintenance Schedule Outlook
2016 Summary Maintenance Schedule Outlook * Job Revised Start Date End Date Location Zone Maintenance Activity Anticipated Impact Meter No. Meter Name 1Line Location ID # May impact availability of 24" Leidy Line B (520LB20 to interruptible services including IT, 184 Yes 5/5/2016 5/27/2016 6 Facilit
Slide 12: Leidy Line Update
Leidy Line Update > Transco is working very diligently to return all of the Leidy facilities to full operating pressure. > Background – Approximately 150 people were evacuated and Routes 118 and 42 were closed after 34 feet of the pipeline failed about three miles east of Unityville, PA at 10:41 p.m
Slide 13: Expansion Projects & Odorization
Expansion Projects & Odorization Virginia Southside • 270 MDth/d • Sept. 1, 2015 Virginia Southside II > Virginia Southside • 250 MDth/d – September 2015, +270 MDth/d • 2017 165 – Odorization back to MLV190-5 > Dalton 160 – 2017, +448 MDth/d – Odorization back to STA160 & includes SVL > Virginia Sou
Slide 14: Expansion Projects & Odorization
Expansion Projects & Odorization > Leidy Southeast – January 2016, +525 MDth/d – Odorization back to north Leidy Southeast STA165 • 525 MDth/d • 2016 > Atlantic Sunrise – H2 2017, +1,700 MDth/d – Odorization back to MLV140-10 New York City > Rock Springs – Q3 2016, +192 MDth/d Atlantic Sunrise • 1,7
Slide 15: Mainline Reverse Flow Update
Mainline Reverse Flow Update > Hydraulics – The mainline from the Station 210 pool in New Jersey to locations in Pennsylvania, Maryland, Virginia and North Carolina are now consistently flowing north to south during times of reduced Zone 6 loads. – The following mainline stations are currently able
Slide 16: Mainline Reverse Flow Update
Mainline Reverse Flow Update > Odorization – Mainline meter station odorization facilities will require modifications and/or additional facilities to monitor and adjust for varying levels of odorant in the inlet gas stream. – Centralized odorization facilities do not change: • Leidy Storage Facility
Slide 17: Mainline Reverse Flow Update
Mainline Reverse Flow Update > Discussion – From a monthly average perspective, Transco expects the following: • Traditional South to North flow into Zone 5 (South Carolina) continuing for all seasons (Winter, Spring Summer, and Fall) through Fall of 2019. • North to South flow expected to be consis
Slide 18: Mainline Reverse Flow Update
Mainline Reverse Flow Update > Discussion – New Constraints or Throughput Section Boundaries (TSBs) • Constraints are added for hydraulic and/or odorization concerns. • It is likely that, as projects come into service, pipeline capacity begins to be utilized in a non- traditional manner, and/or new
Slide 19: WSS-OA – Rate Change
WSS-OA – Rate Change > Certain WSS-OA customers pay an incremental rate that includes the cost of the base gas purchased to support their WSS-OA service. FERC approved these incremental rates and affirmed that they were just and reasonable in Opinion Nos. 507 (1/21/10) and 507-A (4/2/12). > FERC iss
Slide 20: 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 21: Fuel on Reverse Flow Transactions
Fuel on Reverse Flow Transactions > Transco will begin assessing fuel on reverse flow transactions once Transco has consistently experienced the need to run compression to effectuate flows from North to South. > Over the past year, Transco has begun to run compression to transport gas from North to
Slide 22: Additional Pooling Points
Additional Pooling Points > As requested by Transco’s customers, Transco continues to evaluate adding additional pools to its system. > Transco has determined that it will add an additional pool in Zone 6. The proposed location of the pool will be at the junction of the Atlantic Sunrise Expansion Pr
Slide 23: Projects Update
Projects Update 23 Spring Update 2016 © 2016 The Williams Companies, Inc. All rights reserved.
Slide 24: Transco Business Development Group
Transco Business Development Group Jim Moore VP Transco Commercial 713-215-3081 Gary Duvall Director, Business Development x2589 Toi Anderson Ross Conatser Jamie Taft Business Sr. Business Sr. Business Development Lead Development Rep Development Rep x4540 x2958 x2404 24 Spring Update 2016 © 2016 Th
Slide 25: Rock Springs
Rock Springs Status: • In construction; nearly complete. Rock Springs • Target In-Service Date: Q3 2016. Rock Springs > Expansion of Transco’s Mainline from Station 210 to a new delivery point at the terminus of a new 10.7-mile lateral to serve Old Dominion Electric Cooperative’s proposed 1,000 MW p
Slide 26: Garden State Expansion
Garden State Expansion Status: • FERC Order received on April 7, 2016. Garden State Expansion • Target In-Service Date: Phase I – Q4 2016 and Phase II – Q3 2017 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 27: Dalton Expansion
Dalton Expansion Status: • Environmental Assessment received March 31, 2016. Dalton Expansion • • Waiting on FERC Order. 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
Slide 28: Gulf Trace
Gulf Trace Status: • In construction. Gulf Trace • Target In-Service Date: Q1 2017. Zone 4 MS LA 65 TX Zone 3 Zone 1 and 2 Sabine Zone Pass 2 Liquefaction 45 North Yard 44 > Expansion from Station 65 in St. Helena Parish, LA, to a new interconnect with Sabine Pass Liquefaction in Cameron Parish, LA
Slide 29: Hillabee Expansion
Hillabee Expansion Status: • FERC Order received on February 2, 2016. Hillabee Expansion • Waiting on Alabama 401 Permit and USACE 404 Permit. • Target In-Service Date (Phase I): Q2 2017. Zone 5 Zone 4 > Point-to-point lease with Spectra’s proposed Sabal Trail from Station 85 to a new interconnect i
Slide 30: Atlantic Sunrise
Atlantic Sunrise Status: • Received Draft Environmental Impact Statement Atlantic Sunrise May 5, 2016 • Waiting on Final Environmental Impact Statement . • Target In-Service Date: As early as late 2017. > Expansion of Transco’s Leidy Line to Mid- New York City Atlantic and Southeast Markets Zone 6 >
Slide 31: New York Bay Expansion
New York Bay Expansion Status: • Environmental Assessment received April 4, 2016. New York Bay Expansion • Waiting on FERC Order. • 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 Servi
Slide 32: Virginia Southside II
Virginia Southside II Status: • Environmental Assessment received May 13, Virginia Southside II 2016. • Waiting on FERC Order. • 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 Virgini
Slide 33: St. James Supply Project
St. James Supply Project Status: • Preparing FERC Application. St. James Supply Project • Target In-Service Date: H1 2018. 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 4 > Capacity
Slide 34: Constitution Pipeline
Constitution Pipeline Status: • NYSDEC Denied 401 Permit: April 22, 2016 Constitution Pipeline • Appealing Denial of New York 401 Permit. • Target In-Service Date: H2 2018. Shipper Dth/d Iroquois Wright Cabot Oil & Gas 500,000 & TGP Line 200 Southwestern Energy 150,000 Otsego Total 650,000 Chenango
Slide 35: Gulf Connector Expansion Project
Gulf Connector Status: Gulf Connector Expansion • • Preparing FERC Application. Target In-Service Date: Phase I H2 2018 Project and Phase II 2019. 85 MS LA Zone 4 Zone 3 65 Zone 2 45 TX Zone 1 30 > An expansion of Transco's mainline from Station 65 to LNG delivery points in Zone 2 and Zone 1 > Will
Slide 36: South Louisiana Market Project
South Louisiana Market Project Status: • Target In-Service Date: H1 2019. South Louisiana Market Project 85 > Incremental transportation from Transco’s Station 65 to a new interconnect with the methanol facility in St. James Parish, LA. > Will be provided under Transco’s FT Service. Zone 4 > Capacit
Slide 37: Northeast Supply Enhancement
Northeast Supply Enhancement Status: • Pre-Filing Initiated: May 9, 2016. Northeast Supply Enhancement • Open Season: May 16, 2016 to June 9, 2016. • Target In-Service Date: Q4 2019 or H2 2020. > Expansion from Station 195 in York County, PA to the Rockaway Lateral in New York bay. > Will be provide
Slide 38: Over $2.3 Billion In Transco Expansions (2010-2016)
Over $2.3 Billion In Transco Expansions (2010-2016) Strong track record of successfully building system expansions to meet customers’ needs… when they need it. Capex # Project In-Service MDth/d ($MM) 1 Mobile Bay South 2010 253 $37 Zone 6 8 9 12 2 Mobile Bay South II 2011 380 $33 11 3 85 North 2010/
Slide 39: Post-Expansion Mainline Capacity (2020)
Post-Expansion Mainline Capacity (2020) Project In-Service Mdt/d Rock Springs 2016 192 Garden State 2016/2017 180 Atlantic Sunrise 2017 1,700 Dalton Expansion 2017 448 Gulf Trace 2017 1,200 Hillabee Expansion – Phase I 2017 818 New York Bay 2017 115 Virginia Southside II 2017 250 St. James Supply 20
Slide 40: Regulatory Process – Long and Getting Longer?
Regulatory Process – Long and Getting Longer? PROJECTS PROCESS AV E R AG E (6.8) 9.9 2.8 85 NORTH (09) (7.5) 5 2 P AS C AG O U L A P R O J E C T ( 0 9 ) (11) 8 3 M I D - S O U T H E X P AN S I O N ( 1 0 ) (8) 8 2 M I D - AT L AN T I C E X P AN S I O N ( 1 0 ) (7) 6 2 N O R T H E AS T S U P P L Y L I
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