Williams.com
Williams
Williams Companies, Inc. is engaged in the production, gathering, processing and transport of natural gas for the purpose of heating homes and generating electricity throughout the United States. Current reserves are pegged at 3.9 trillion cu. ft. of natural gas equivalent.
The company's Gas Pipeline Unit operates three major pipeline companies -- Transco, Northwest and Gulfstream. Together, these three companies jointly operate some 14,600 miles of interstate natural gas pipeline.
The company began in 1908 when brothers Miller and David Williams created a construction firm that would later become the leading pipeline engineering and construction firm in the world. The company went public as Williams Brothers in 1957 with an estimated net worth of US$ 8 million.
As of mid-2007, Williams had 3,913 employees. Total sales were pegged at US$ 11.8 billion at end-2006.
Exploration & Production
Williams produces about 900 million cubic feet of natural gas a day in the US and abroad. In addition to that, the company has 3.9 trillion cu. ft. of natural gas reserves around the world, representing 99% of its total reserves.
Its key production facilities in the United States are in Colorado, Wyoming, New Mexico, Texas and Oklahoma while its interests outside of the US are predominantly in Argentina.
From 1997 to 2006, Williams registered an increase in production of 800%.
During the 2006 Global Energy Awards, Williams was hailed as "Hydrocarbon Producer of the Year."
Midstream
Midstream refers to the company's activities that fall between exploration and production (upstream) and refining and marketing (downstream).
With regard to midstream activities, Williams has nine gas processing plants and eight other plants that handle separation, dehydration and treating. The company also has deepwater infrastructure.
These plants have a combined capacity to gather, process and treat billions of cubic feet of natural gas a day and the capacity to produce natural gas liquids on a large scale.
Gas Pipeline
Williams accounts for 12% of the total natural gas consumption of the US. It owns and operates the three pipelines of Transco, Northwest and Gulfstream (partially) which, combined, accounts for about 14,600 miles of interstate natural gas pipelines. This vast pipeline network has a design capacity of over 11 billion cubic feet per day.
During winter, Williams provides enough gas to heat 30 million homes a day. Its seasonal storage capacity is pegged at over 230 billion cubic feet.
Power
Overall, Williams has a power portfolio of 7,900 megawatts. The company owns two power generation facilities in New Mexico and Pennsylvania. It also has tolling agreements in California, Michigan, New Jersey, Pennsylvania, Alabama and Louisiana.
Languages
English
Address
- One Williams Center
- Tulsa OK 74172 US
Additional Information
Related Domains
External Links
- Stock: WMB
- Alexa: Williams.com
