New service from the 85 North project would be available in two phases, subject to FERC approval. Phase 1 would increase capacity by 90,000 dekatherms per day by the summer of 2010, while Phase II would increase capacity by 218,500 dekatherms per day by the summer of 2011.
"Combined with our Mobile Bay South project, the 85 North expansion creates over half a billion cubic feet of take-away capacity from Station 85 to downstream markets," said
The 85 North project will require construction of approximately 22 miles of 42-inch pipeline, in addition to a new 20,500 horsepower compressor facility in
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About Williams (NYSE: WMB)
Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and Eastern Seaboard. More information is available at http://www.williams.com. Go to http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.
Contact: Chris Stockton
Williams (media relations)
(713) 215-2010
Sharna Reingold
Williams (investor relations)
(918) 573-2078
Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company 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 company's annual reports filed with the Securities and Exchange Commission.
SOURCE Williams
Feb 02, 2009