Williams Partners L.P. (NYSE: WPZ) announced today that it has reached
an agreement with Shell Offshore Inc. (Shell) and Nexen Petroleum
Offshore U.S.A. Inc. (Nexen) to provide deepwater gas gathering services
to the Appomattox development, located 80 miles offshore from the
nearest shoreline in Louisiana, in approximately 7,200 feet of water.
Shell is 79 percent owner in the Appomattox development and is the
operator; Nexen is 21 percent owner.
Williams Partners will provide offshore gas gathering services to its
existing Transco lateral, which will provide transmission services
onshore to its Mobile Bay processing facility. Williams Partners also
plans to make modifications to its Main Pass 261 Platform and install an
alternate delivery route for customers from the platform to the existing
Destin Pipeline for transportation to another onshore processing
facility.
“We’re pleased to expand our existing infrastructure to serve the
growing needs of deepwater producers,” said Rory Miller, senior vice
president of Williams Partners’ Atlantic-Gulf operating area. “This
establishes Williams Partners as the first gas gathering system in a new
geographic area with capacity available and opportunities for future
tie-backs.”
The project is included in Williams Partners 2016 growth capital funding
plan announced on January 25.
About Williams Partners
Williams Partners (NYSE: WPZ) is an industry-leading, large-cap natural
gas infrastructure master limited partnership with a strong growth
outlook and major positions in key U.S. supply basins and also in
Canada. Williams Partners has operations across the natural gas value
chain from gathering, processing and interstate transportation of
natural gas and natural gas liquids to petchem production of ethylene,
propylene and other olefins. Williams Partners owns and operates more
than 33,000 miles of pipelines system wide – including the nation’s
largest volume and fastest growing pipeline – providing natural gas for
clean-power generation, heating and industrial use. Williams Partners’
operations touch approximately 30 percent of U.S. natural gas. Tulsa,
Okla.-based Williams (NYSE: WMB), a premier provider of large-scale
North American natural gas infrastructure, owns 60 percent of Williams
Partners, including all of the 2 percent general-partner interest. www.williams.com
Portions of this document may constitute “forward-looking statements”
as defined by federal law. Although the partnership believes any such
statements are based on reasonable assumptions, there is no assurance
that actual outcomes will not be materially different. Any such
statements are made in reliance on the “safe harbor” protections
provided under the Private Securities Reform Act of 1995. Additional
information about issues that could lead to material changes in
performance is contained in the partnership’s annual reports filed with
the Securities and Exchange Commission.
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Copyright Business Wire 2016
Source: Business Wire
(March 11, 2016 - 8:00 AM EST)
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