Williams To Acquire Assets In Marcellus Shale

January 2012, Vol. 239 No. 1

Williams Partners is negotiating to acquire Delphi Midstream Partners, Laser Gathering System and other midstream businesses, located primarily in the Marcellus Shale.

The memorandum and agreement involves Williams Partners’ potential acquisition of Delphi subsidiaries that own Delphi’s midstream assets, including the Laser Gathering System, comprised of 33 miles of 16-inch natural gas pipeline and associated gathering facilities in Susquehanna County, PA as well as 10 miles of gathering pipeline in southern New York. The proposed deal also includes Delphi’s Mansfield Gathering System, which consists of 19 miles of pipeline in the Barnett Shale near Fort Worth, TX.