Williams Companies is a U.S. company headquartered in Tulsa, Oklahoma. The core businesses of Williams are the production and processing of natural gas and the operation of gas pipelines. The company was founded in 1908 in Fort Smith, Arkansas. It is listed on the stock index S & P 500 and the Dow Jones Utility Average.
The three divisions of Williams are exploration and production of natural gas, the processing and operation of gas pipelines.
The eligible areas are located on the one hand in the Rocky Mountains in the states of Colorado, Wyoming and New Mexico and in the southwestern United States in Arkoma, Oklahoma and Fort Worth, Texas. The current key producing area is the Piceance Basin in Colorado. The annual production is about 8.6 billion cubic meters.
The midstream segment includes different systems for processing and further processing ( liquefaction and fractionation) of natural gas. In addition to the facilities at the quarries Williams maintains facilities on the Gulf Coast and gas storage in Kansas, Canada and Venezuela. However, the future of the investment in Venezuela is uncertain as a result of the nationalization policies of Hugo Chavez.
As a third major division Williams operates in the United States three gas pipelines with a total length of 24,000 km and a total capacity of 340 million cubic meters per day. The Northwest pipeline runs from the Rocky Mountains to the American Northwest Coast ( Seattle area ), the Transco pipeline from the Gulf to the Atlantic coast ( New York City area ). Both pipe networks for over 50 years and operate expanded by Williams. The third pipeline was opened in 2002 and runs from Louisiana through the Gulf of Mexico to Florida. Together, these pipelines transport a total of about twelve percent of the natural gas consumption in the United States.