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Runs

Transportation Note

Williams will abandon service Sept. 1 on its Pampa Line(designated as Line Segment 470), which runs from Hemphill County,TX to the Alva Compressor Station in Woods County, OK. As of Sept.1 Williams will not confirm nominations at any of 10 Pampa Linereceipt points. Point operators must either find other outlets fortheir gas or shut it in, Williams said. Shippers currentlytransporting from those points must replace the gas with othersupplies. The Hobart Ranch and South Bishop receipt points and theArnett and Irrigation delivery points, once connected to Pampa,have been moved to the Canadian-Blackwell Line (LS 458) and canstill be nominated on Williams.

August 13, 1998

Cumberland Holding Open Season

Cumberland Gas Pipeline Co., a general partnership of Williamsand AGL resources subsidiaries, is holding an open season for firmcapacity that started Monday and runs to May 29. The 141-mileCumberland Pipeline will initially consist of existing pipelineinfrastructure created by combining the 27-mile Suwanee lateral onWilliams’ Transco pipeline and Atlanta Gas Light’s 102-milemainline. The pipeline will run from the Transco mainline in WaltonCounty, GA, to Atlanta Gas Light’s interconnect with East TennesseeNatural Gas Co. in Catoosa County, GA. New facilities are expectedto be expanded north into Tennessee.

March 31, 1998

Bullish Futures Momentum Runs Out of Steam

The recent surge in natural gas futures prices became so greaton Monday that the spot April contract came within 4 cents ofreaching its all-time high trade of $2.460. However, speculatorswere quick to “pounce on a selling opportunity” at that price, theresult of which left April up just 0.8 cents for the day at $2.351.Total volume was estimated at 88,053 contracts.

March 24, 1998
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