Williams Energy Company News

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Williams Seeks Buyers for Stake in Wyoming Pipeline
Wednesday, November 28, 2018 Williams Cos. is seeking buyers for its stake in Jackalope Gas Gathering Services.

On Bleak Day, Pipeline Operators Say Tax Policy Is No Big Deal
Friday, March 16, 2018 On the worst stock-market day for U.S. pipeline operators in two years, Wall Street analysts and pipeline insiders saw reason to smile.

Williams-ETE $20B Merger Heads to Courtroom Showdown
Friday, June 17, 2016 A high-stakes trial will open to determine if Dallas billionaire Kelcy Warren's Energy Transfer Equity can back out of a $20 billion agreement to buy rival pipeline operator Williams Cos Inc.

Energy Transfer CEO on Williams: We can't close this deal
Thursday, May 05, 2016 Energy Transfer Equity Chief Executive Kelcy Warren said on Thursday the pipeline company cannot complete an agreed-upon $21 billion takeover of rival Williams Cos Inc because of tax issues.

Energy Transfer Lost $1.8 Billion in Williams Deal Earnings
Friday, March 25, 2016 Energy Transfer lowered its estimate to something it described as "materially less".

Williams Declares Dividend
Wednesday, July 20, 2011 Williams' board of directors has approved a regular dividend.

Matrix Service Hires CFO
Wednesday, December 08, 2010 Matrix Service Co., a leading industrial services company, announced Wednesday that Kevin S. Cavanah has been promoted to the position of Vice President of Finance and Chief Financial Officer effective December 6, 2010.

Williams, Rex Energy Team Up to Drill for Gas in Marcellus Shale
Monday, June 22, 2009 Williams has signed a participation and exploration agreement to develop natural gas wells in the Marcellus Shale with Rex Energy Corporation.

Williams Completes 1st Phase of Sentinel Expansion Project
Monday, December 22, 2008 Williams has placed the first phase of its Sentinel expansion project on its Transco natural gas pipeline system into service, increasing firm transportation capacity into the northeastern U.S. by 40,000 dekatherms per day.

Williams Files Application to Expand Transco NatGas Pipeline
Monday, September 22, 2008 Williams has filed an application with the Federal Energy Regulatory Commission to expand its Transco natural gas pipeline to serve markets in the southeastern United States.

Williams Cinches Acquisition of Barnett Shale Reserves for $147MM
Tuesday, September 09, 2008 Williams completed the purchase of certain interests in the Barnett Shale, where the Company has four operating drilling rigs, for approximately $147 million from privately held Aspect Abundant Shale LP and other parties.

Williams Rides High with $437MM Second Quarter Profit
Thursday, August 07, 2008 Williams announced second-quarter 2008 unaudited net income of $437 million, or $0.73 per share on a diluted basis, compared with net income of $433 million, or $0.71 cents per share on a diluted basis, for second-quarter 2007.

Williams Signs Deal for Barnett Shale Natural Gas Reserves
Monday, July 21, 2008 Williams announced that it has agreed to purchase privately held Aspect Abundant Shale LP's and other parties' interests in north Texas' Barnett Shale for approximately $166 million cash.

ExxonMobil to Buy Williams' Piceance Basin Reserves for $71MM
Friday, July 18, 2008 Williams expects to receive approximately $71 million as a result of ExxonMobil's exercise of its contractual option to purchase an interest in a portion of the Piceance Basin reserves Williams acquired in May.

Williams Inks $285M Natural Gas Deal in Piceance Basin
Friday, May 09, 2008 Williams has agreed to purchase SandRidge Energy's and other parties' interests in Colorado's Piceance Basin for approximately $285 million. The assets could represent more than 1.9 trillion cubic feet equivalent of probable and possible reserves.

Williams Replaces 232% of 2007 U.S. Natural Gas Production
Thursday, February 21, 2008 Williams also achieved a major production milestone in late 2007. Average daily production from domestic and international interests during the fourth quarter topped 1 Bcfe per day for the first time in Williams' history.

Williams Launches Open Season for its Northwest Pipeline
Friday, August 03, 2007 Williams is launching open for its Northwest Pipeline and is seeking binding commitments from shippers for participation in its Colorado Hub Connection project.

Williams Explores Expansion of its Facilities in the Canadian Oil Sands
Wednesday, August 01, 2007 Williams will explore the expansion of its facilities in Canada to process an expected significant new source of off-gas associated with Alberta's oil sands production.

Williams Plans to Expand its Deepwater Gulf of Mexico Business
Monday, July 30, 2007 Williams has plans to expand its deepwater Gulf of Mexico business to provide gathering and processing infrastructure for production dedicated by units of Shell, Chevron and BP in the Perdido Foldbelt.

Williams to Create New MLP for Gas Pipeline Assets
Friday, July 20, 2007 Williams reports actions designed to further build on the company's record of value creation.

Dejour Primed for Piceance-Uinta Campaign
Friday, June 22, 2007 Dejour Enterprises Ltd.'s Chairmand & CEO, Robert L. Hodgkinson, has issued an update on the Company's exploration & production operations in the Piceance and Uinta Basins of Colorado and Utah.

Williams Partners to Boost Stake in Discovery
Thursday, June 21, 2007 Williams Partners L.P. has agreed to acquire an additional 20 percent interest in Discovery Producer Services LLC from Williams for $78 million.

Dejour Receives Approved Permits for Piceance Drilling
Monday, April 30, 2007 Dejour Enterprises Ltd. has received Approved Permits to Drill (APDs) from the Meeker Bureau of Land Management office in Colorado for the initial two locations for the Barcus Creek prospect.

MMS Honors Best in Energy Industry
Thursday, April 19, 2007 More than 700 attendees joined the Department of the Interior's Minerals Management Service (MMS) in recognizing companies and individuals for achievements in offshore safety and revenue management at the 2006 MMS Industry Awards Program Wednesday in

ONEOK, Williams to Build Piceance Basin Pipeline
Wednesday, March 28, 2007 ONEOK Partners, L.P. announced that Overland Pass Pipeline Company, LLC, a joint venture with Williams, plans to build a $120 million natural gas liquids pipeline lateral connecting the growing Piceance Basin in northwestern Colorado with the previou

RIK Gas Sale Grosses $1B in Total Revenues
Tuesday, March 27, 2007 The Federal government should receive more than $1 billion in revenue following a successful Royalty-in-Kind (RIK) sale of natural gas, the Department of the Interior's Minerals Management Service (MMS) announced Tuesday.

Williams' Earnings Surge for Q4, Fall Slightly for 2006
Thursday, February 22, 2007 Williams announced 2006 unaudited net income of $308.5 million, or 51 cents per share on a diluted basis, compared with net income of $313.6 million, or 53 cents per share on a diluted basis, for 2005.

Williams Replaces 216% of US Natural Gas Production
Thursday, February 22, 2007 Williams said that its domestic and international proved natural gas and oil reserves as of Dec. 31, 2006, increased to approximately 3.9 trillion cubic feet equivalent (Tcfe).

Dejour Announces Peace River Arch Projects
Tuesday, February 13, 2007 Dejour Energy Alberta Ltd. (DEAL) has negotiated agreements covering six strategic projects in the Peace River Arch area of northwest Alberta and northeast British Columbia, Canada.

Williams Partners Acquires Remaining Four Corners Interest
Thursday, December 14, 2006 Williams Partners L.P. and Williams said late Wednesday that Williams Partners has completed its acquisition of the remaining 74.9 percent interest in Williams Four Corners LLC that it did not own from Williams for $1.223 billion.

Williams Partners Upsizes Equity Offering
Thursday, December 07, 2006 Williams Partners L.P. said late Wednesday that it has priced its previously announced offering of its common units at $38.00 per unit. The offering was upsized from 6.9 million common units to 7.0 million common units.

Williams Partners Announces Equity Offering
Tuesday, December 05, 2006 Williams Partners L.P. said that it intends to commence an underwritten public offering of 6.9 million common units representing limited partner interests.

Williams Partners to Hold Private Placement for Four Corners Acquisition
Friday, December 01, 2006 Williams Partners L.P. on Friday announced it has entered into an agreement to sell approximately $350 million of common units and Class B units to new and existing qualified institutional buyers in a private placement.

Crosstex Appoints Purgason Exec VP and COO
Friday, November 17, 2006 Crosstex Energy, L.P. late Thursday announced the appointment of Robert S. Purgason as Executive Vice President and Chief Operating Officer, a newly appointed position.

Williams Partners to Acquire Remaining Interest in Four Corners
Thursday, November 16, 2006 Williams and Williams Partners L.P. on Thursday announced that Williams Partners has agreed to acquire the remaining 74.9 percent interest in Williams Four Corners LLC that it does not own from Williams for $1.223 billion.

RIK Gas Sale Nets 13 Contracts
Tuesday, October 24, 2006 More than 114 billion cubic feet of natural gas has been successfully sold in an unrestricted Royalty in Kind (RIK) gas sale conducted by the Department of the Interior's Minerals Management Service (MMS).

Dejour Primed for Piceance/Uinta Project
Friday, June 23, 2006 Dejour Enterprises Ltd. this week plans to submit to the TSX Venture Exchange the required National Instrument 51-101 report (Standards of Disclosure for Oil and Gas Activities) for the Piceance/Uinta natural gas resource project.

ONEOK Affiliate and Williams to Build Rocky Mountain NGL Pipeline
Wednesday, May 03, 2006 Northern Border Partners has entered into an agreement with a subsidiary of Williams to form a joint venture called Overland Pass Pipeline. The JV will build a 750-mile NGL pipeline from Wyoming to Kansas. Company

Williams Partners Set to Acquire Stake in Four Corners
Friday, April 07, 2006 Williams Partners has agreed to acquire a 25.1 percent interest in parent company Williams' Four Corners subsidiary, which at closing will own gathering, processing, and treating assets in the Four Corners area in the U.S. Southwest.

Superior Oil & Gas Co. Adds Schones to Management Team
Monday, March 20, 2006 Superior Oil and Gas has appointed Bill G. Schones president of the company's Drilling, Exploration, and Equipment Division.

Argentine Successes Boost Apco's Earnings
Friday, March 10, 2006 Apco Argentina announced that it generated net income of $29.8 million in 2005, which is an improvement of $14.3 million compared with net income of $15.5 million during 2004.

Williams Replaces 277% of 2005 U.S. Natural Gas Production
Tuesday, February 28, 2006 Williams reports that its domestic and international proved natural gas and oil reserves as of Dec. 31, 2005, increased to 3.6 trillion cubic feet equivalent (Tcfe).

Williams Reopens Cameron Meadows Nat. Gas Plant Damaged by Rita
Wednesday, February 15, 2006 On Sept. 24 last year, the facility sustained significant damage from Hurricane Rita as the eye of the storm went through the communities of Johnson Bayou and Cameron. But the facility has now returned to service at parital capacity.

Williams Gets Approval for Trail Ridge Drilling Program
Wednesday, December 14, 2005 A unit of Williams has received approval from the Colorado Oil & Gas Conservation Commission of its application for 10-acre, bottom-hole well density on approximately 20,000 net acres in the Trail Ridge area of the northern Piceance Basin.

Williams to Add Infrastructure to Transport Chevron, Kerr-McGee Production
Thursday, October 13, 2005 Williams to transport oil and gas for the life of the leases in the Blind Faith Field in the deepwater Gulf of Mexico, located in approximately 7,000 feet of water at Mississippi Canyon 695 & 696.

William's Reviewing Effects of Shut-In from Katrina
Monday, August 29, 2005 Officials for Williams today reviewed the effect that preparations for Hurricane Katrina had on its operations and interests in the Gulf of Mexico area.

Williams Provides Update on Gulf Operations
Tuesday, September 21, 2004 Williams provides an update on its operations in areas affected last week by Hurricane Ivan.

Williams Surveying Storm's Impact on Operations
Monday, September 20, 2004 Officials for Williams are in the process of inspecting its primary operations in the Gulf of Mexico in the aftermath of Hurricane Ivan.

Williams Commissions New Deepwater Pipeline
Wednesday, December 17, 2003 A unit of Williamshas begun receiving production into a new deepwater pipeline that was recently completed in the western Gulf of Mexico.

Williams Sells E&P Assets to PDC for $28 Million
Tuesday, May 13, 2003 Williams has executed agreements to sell natural gas exploration and production properties in the Denver-Julesberg basin in northeastern Colorado for $28 million to Petroleum Development Corporation.