Midstream giant Williams reported record natural gas gathering and processing (G&P) volumes in the Appalachian region during the third quarter, driven by higher prices in the region.

Williams earnings

Gross gathering volumes for the Northeast G&P segment rose 8% year/year (y/y) to 9.4 Bcf/d, while gross processing plant inlet volumes swelled by 17% to 1.4 Bcf/d, management said during a third quarter earnings conference call. Natural gas liquids (NGL) production volumes from the segment rose 24% to 114 million b/d.

The volumes were all-time highs across the board for the Tulsa-based operator.

Recent highlights for Williams also include the partial in-service of the Southeastern Trail expansion of the flagship Transcontinental Gas Pipe Line Co. LLC (Transco) system. 

The company brought 150...