Williams Realignment Advances Natural Gas-Focused Strategy

Williams has announced organizational changes that will simplify its structure and increase direct operational alignment to advance the company’s natural gas-focused strategy. By early 2017 Williams will consolidate the number of operating areas within the company from five to three: Atlantic-Gulf, West, and Northeast Gathering & Processing.

Atlantic-Gulf: NGL & Petchem Services operations in the Gulf area, the Geismar olefins plant, the refinery grade propylene splitter and pipelines in the Gulf Coast region will be integrated into the Atlantic-Gulf Operating Area. Atlantic-Gulf will continue to include the Transco interstate gas pipeline. Atlantic-Gulf also includes significant natural gas gathering and processing and crude oil production and handling and transportation in the Gulf Coast region. Atlantic-Gulf will continue to be led by Rory Miller, who has led the area since 2013.

West: All gathering systems, operations, and commercial activities in the Barnett, Eagle Ford, and Haynesville shales, the Mid-Continent region and Permian Basin will be integrated into the West Operating Area. The West Operating Area will also comprise the Northwest Pipeline interstate gas pipeline system as well as gathering, processing, and treating operations in Wyoming, the Piceance Basin and the Four Corners area. Additionally, an NGL fractionator and storage facilities near Conway, Kansas, USA, a rail loading facility at Hutchinson, Kansas, and a 50% equity-method interest in Overland Pass Pipeline will be operated within the West Operating Area. Also included is a non-operated 50% interest in the Delaware Basin gas gathering system in the Permian Basin region. The consolidated West Operating Area will be led by Walter Bennett, who has led the West Operating Area since joining Williams in 2014.

Northeast Gathering & Processing: The Northeast Gathering & Processing Operating Area, including operations in Pennsylvania, West Virginia, Ohio and New York, remains unchanged. The area includes the Susquehanna Supply Hub and Ohio Valley Midstream, as well as a 69% equity investment in Laurel Mountain Midstream, and a 58.4% equity investment in Caiman Energy II. Caiman Energy II owns a 50% interest in Blue Racer Midstream. The Northeast Gathering & Processing Operating Area will continue to be led by Jim Scheel, who joined Williams in 1988.