Williams Strikes Natural Gas Gathering Deals with Oil Major Chevron
(Reuters) — Natural gas processing and transportation firm Williams Cos Inc. said on Friday it executed deals with oil major Chevron Corp.'s unit to support natural gas development in the Haynesville basin as well as the deepwater Gulf of Mexico.
Williams said it would provide natural gas gathering services to Chevron's 26,000-acre Haynesville assets, while the oil major agreed to a long-term capacity commitment on Williams' Louisiana Energy Gateway (LEG) project.
RELATED: Williams Closes Acquisition of MountainWest Natural Gas Transmission, Storage Business
The Haynesville shale basin covers parts of Texas, Arkansas and Louisiana.
Williams last year reached a final investment decision to build its proposed LEG project to gather natural gas produced in the Haynesville shale basin.
Additionally, Williams on Friday also agreed to use existing infrastructure to serve increased production from the Blind Faith platform, located 160 miles southeast of New Orleans in the Gulf of Mexico.
In the deepwater Gulf of Mexico, Chevron is developing the Ballymore tieback to the Blind Faith platform.
Using existing connections to Blind Faith, Williams will provide offshore natural gas gathering and crude oil transportation services as well as onshore natural gas processing services for the production.
Chevron is the operator of the Ballymore project with a 60% working interest, while TotalEnergies owns the rest 40%.
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
Comments