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
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
2024-07-11 - Here is a selection of upstream and midstream dividends declared in the week of July 8.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
Trio Chairman Robin Ross Named CEO Less Than a Month After Return
2024-07-15 - Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.
Liberty Energy Warns of ‘Softer’ E&P Activity to Finish 2024
2024-07-18 - Service company Liberty Energy Inc. upped its EBITDA 12% quarter over quarter but sees signs of slowing drilling activity and completions in the second half of the year.
Talos Ups Buybacks, Pays Down Debt Post $1.29B QuarterNorth Deal
2024-07-22 - Talos Energy said it repaid $325 million in debt since closing its $1.29 billion cash-and-stock acquisition of E&P QuarterNorth in March.
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.