Williams Cos.' Transco pipeline received permission to begin its expansion project in Texas and Louisiana from the FERC. (Source: Williams Cos.)
Williams Cos.’ (WMB) Texas to Louisiana Energy Pathway Project received federal government approval to start its natural gas capacity expansion project at the end of June.
The project will add 364 MMcf/d of capacity to the Transcontinental Gas Pipeline (Transco) in Texas and Louisiana. The extra capacity will be added via modified compressor stations along the Texas side of the route in Fort Bend, Hardin and Victoria counties.
The Federal Energy Regulatory Commission (FERC) approved the project over objections from the Sierra Club on June 18.
Williams expects the project to cost about $91.8 million and its completion during the first quarter of 2025, according to the FERC filing.
The Transco is a 10,200-mile natural gas pipeline that runs from South Texas to New York, transporting about 15% of the natural gas consumed in the U.S., according to Williams.
Recommended Reading
BKV Prices IPO at $270MM Nearly Two Years After First Filing
2024-09-25 - BKV Corp. priced its common shares at $18 each after and will begin trading on Sept. 26, about two years after the Denver company first filed for an IPO.
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
2024-11-01 - Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
Analyst: Is Jerry Jones Making a Run to Take Comstock Private?
2024-09-20 - After buying more than 13.4 million Comstock shares in August, analysts wonder if Dallas Cowboys owner Jerry Jones might split the tackles and run downhill toward a go-private buyout of the Haynesville Shale gas producer.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Private Producers Find Dry Powder to Reload
2024-09-04 - An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.