While some producers and midstreamers have shifted their focus from the Marcellus and Utica shales to oilier, more lucrative plays, pipeline giant Williams is expanding its Appalachian position by purchasing with the Canada Pension Plan Investment Board (CPPIB) the remaining 38% stake in Utica East Ohio (UEO) Midstream.
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With an eye on optimizing its position in the Marcellus and Utica basins, Williams has purchased the remaining 38% stake in the Utica East Ohio (UEO) Midstream from Momentum Midstream and will take over as operator through a partnership with investment group Canada Pension Plan Investment Board (CPPIB).
Even as it revealed plans for a new natural gas liquids (NGL) expansion aimed at tapping supply from the Rockies and Denver Julesburg-Niobrara, The Williams Companies Inc. this week touted its focus on transporting low-cost natural gas to premium markets as the driver of “solid and predictable growth” in 2018 and beyond.
Federal authorities started off the new year with approvals for a pair of liquefied natural gas (LNG)-related projects that indicate more U.S. exports this year.
FERC issued a certificate of public convenience and necessity authorizing Williams’ Gateway Expansion Project in New Jersey, but the Commission was divided over the issue of whether it should have considered the project’s contribution to climate change.
Tulsa-based pipeline giant Williams said Thursday it has sold some pipeline systems in the Gulf Coast area to Easton Energy LLC for $177 million.
Permian Basin pure-play Brazos Midstream has agreed to join Tulsa-based pipeline giant Williams to expand their natural gas and crude oil footprint in West Texas.
Tulsa-based pipeline giant Williams is teaming up with Permian Basin pure-play Brazos Midstream to expand their natural gas and crude oil footprint in West Texas.
Hot on the heels of its recently announced Transcontinental Gas Pipe Line Co. (Transco) Leidy South Expansion, parent company Williams said it was eyeing another midstream project that would extend Transco’s reach with more than 1 Bcf/d of firm transport capacity in Zones 3, 4, 5 and 6.
Oilfield technology specialist National Oilwell Varco Inc. (NOV) is facing “logistical challenges” in North America’s onshore near-term, as customers delay buying equipment and from rising material costs, including for steel, CEO Clay Williams said Friday.