Williams Companies, Inc. (the) · NYSE:WMB

Williams Companies, Inc. (the) — The Williams Companies — Investor Presentation (2017)

19 slides from Williams Companies, Inc. (the)'s investor presentation, 2017

1. Slide 1: Revised Proposed DRAFT Priority of Service Tariff Filing 2017 Webinar Training

   Revised Proposed DRAFT Priority of Service Tariff Filing 2017 Webinar Training 1 © 2017 The Williams Companies, Inc. All rights reserved.

2. Slide 2: Revised Proposed Draft Filing

   Revised Proposed Draft Filing  Since the Priority of Service draft proposal posted on 10/31/2014 the following has occurred  Conducted 3 introductory webinars in December of 2014  Followed up with 2 FAQ webinars in January of 2015  Solicited feedback from customers throughout 2015 and 2016  Sim

3. Slide 3: Transco Daily Allocated Imbalance, July–September 2016

   3 - 200,000 400,000 600,000 (600,000) (400,000) (200,000) 7/1/2016 7/3/2016 7/5/2016 7/7/2016 7/9/2016 7/11/2016 7/13/2016 7/15/2016 7/17/2016 7/19/2016 7/21/2016 7/23/2016 7/25/2016 7/27/2016 7/29/2016 7/31/2016 8/2/2016 8/4/2016 8/6/2016 8/8/2016 8/10/2016 8/12/2016 8/14/2016 8/16/2016 8/18/2016 8

4. Slide 4: Revised Proposed Draft Filing: Business Practices

   Revised Proposed Draft Filing  Current and proposed business practices are reflected in the revised proposed draft filing Business Practices (1) Establishing that HBLVs will be at a point (2) Clarifying traditional vs. non-traditional rights and aggregate points (3) Defining priorities specificall

5. Slide 5: High Burn No-Notice Occurs at a Point of Delivery

   Business Practices (1) Establishing that HBLVs will be at a point  High Burn No-Notice Occurs at a Point of Delivery  Rate Schedule FT Section 5.1(b) identifies traditional no-notice rights at the point(s) of delivery set forth in Buyer’s service agreement; furthermore, no- notice swing service is

6. Slide 6: Traditional vs. Non-Traditional Delivery Points; Aggregate Delivery Point

   Business Practices (2) Clarifying traditional vs. non-traditional rights and aggregate points  Traditional vs. Non-Traditional Delivery Points  Traditional – Delivery points identified on contract  Non-Traditional – Delivery points within primary path but not identified on contract  Aggregate De

7. Slide 7: Example: Clarifying traditional vs. non-traditional rights and aggregate points

   Business Practices Example: (2) Clarifying traditional vs. non-traditional rights and aggregate points  For Original Capacity Holders  If a traditional point (i.e. meter) is associated to an aggregate point with multiple meters then all deliveries on that contract at that aggregate point will be c

8. Slide 8: Establishing High Burn No-Notice Priority

   Business Practices (3) Defining priorities specifically for HBLVs  Establishing High Burn No-Notice Priority  Priority will be based upon the relationship between the specified Swing Service Delivery Point and the customer’s contract  Utilizing the relationship between the specified Swing Service

9. Slide 9: Example: Defining priorities specifically for HBLVs

   Business Practices Example: (3) Defining priorities specifically for HBLVs Contract Rec EXHIBIT B K1 1 A, B K2 1 B, C K3 3 C K4 No exhibit – IT K K5 3 A, B Z4 R R R 1 2 3 Mainline SSDP SSDP SSDP A B C K 1 – PT K 1 – PT K 1 – SEC K 2 – PNT K 2 – PT K 2 – PT K 3 – SEC K 3 – SEC K 3 – PT K 4 – IT K 4 –

10. Slide 10: Non-traditional and lower no-notice priorities

    Business Practices (4) Establishing the ability to allocate HBLVs by location or segment  Non-traditional and lower no-notice priorities  Non-traditional, secondary, and IT no-notice services are subject to operational feasibility  Transco will have the ability to limit no-notice at a Swing Servi

11. Slide 11: Example 1: Establishing allocate HBLVs by location

    Business Practices Example 1: (4) Establishing the ability to allocate HBLVs by location  Scenario  Package at SSDP A of 300 dts including Primary Non-Traditional (PNT), Secondary (SEC), and IT high burn limit values  All SEC & IT HBLV requests will be reduced to zero as result of PNT requests (6

12. Slide 12: Example 2: Establishing allocate HBLVs by segment

    Business Practices Example 2: (4) Establishing the ability to allocate HBLVs by segment  Scenario  Package in the segment containing SSDP A, B, and C for 300 dts including Primary Non-Traditional (PNT), Secondary (SEC), and IT high burn limit values  All SEC & IT HBLV requests will be reduced to

13. Slide 13: Eliminating overlapping HBLVs at a nominatable point

    Business Practices (5) Eliminating overlapping HBLVs at a nominatable point  Revised Rate Schedule FT Section 4.7:  Shippers may schedule on any day forwardhaul transportation up to Buyer's TCQ quantity and backhaul transportation up to Buyer's TCQ quantity, within or outside Buyer's firm contract

14. Slide 14: Balanced Nominations

    Balanced Nominations 14 © 2017 The Williams Companies, Inc. All rights reserved.

15. Slide 15: Establishing allocate capacity at a TSB by segment

    Business Practices (6) Establishing the ability to allocate capacity at a TSB by segment (nominations only)  TSB  Transco’s current tariff, GT&C Section 28.2(c), allows for a TSB by location or segment on Seller’s system where Seller anticipates that available capacity may be less than Buyer’s nom

16. Slide 16: Example 1: TSB by segment (nominations only)

    Business Practices Example 1: (6) Establishing the ability to allocate capacity at a TSB by segment (nominations only) Direction being Constrained TSB Boundary TSB Boundary Secondary K1 NSRP NSRP K2 K3 Secondary Prim K4 NSRP NSRP K5 IT K6 K7  A TSB segment will consider all nominations in the appli

17. Slide 17: Example 2: TSB by segment (nominations only)

    Business Practices Example 2: (6) Establishing the ability to allocate capacity at a TSB by segment (nominations only)  Scenario  Package in the segment for 75,000 dts including Non-Secondary Reverse Path (NSRP), Secondary (SEC), and IT nominations  All SEC & IT nominations will be reduced to zer

18. Slide 18: What can YOU do?

    What can YOU do? – Have your company’s regulatory department review the updated proposed draft filing on our Info Postings site – Direct any comments/questions/concerns to the following: Karina Mayorga (Karina.D.Mayorga@Williams.com) Julian Arias (Julian.Arias@Williams.com) Diane Ezernack (Diane.L.E

19. Slide 19: Questions?

    Questions? 19 © 2017 The Williams Companies, Inc. All rights reserved.

The Williams Companies — Investor Presentation (2017) on 6ix