Marcellus Shale: Business & Job Growth Seminar November 14 ... · 11/14/2013 · Williams is a...
Transcript of Marcellus Shale: Business & Job Growth Seminar November 14 ... · 11/14/2013 · Williams is a...
© 2013 The Williams Companies, Inc. All rights reserved.
Williams in Pennsylvania Marcellus Shale: Business & Job Growth Seminar November 14, 2013
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Company Overview
Williams is a natural gas infrastructure company based in Tulsa, Oklahoma.
A publicly traded Fortune 500 company, Williams’ revenue in 2012 was almost $8 billion.
We have 4,700 employees in 26 states
Operations – Pacific Northwest
Rocky Mountains
Gulf Coast
Eastern Seaboard including Pennsylvania
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Company History
Founded in 1908 Williams Transco pipeline has operated safely in PA since 1951 Dec 2011 - Spun off E&P Company – WPX Current Assets –
- Interstate Gas Pipelines - Midstream Operations = Williams Field Services
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Coast-to-Coast Natural Gas Network
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Pennsylvania Operations & Assets
Across all Marcellus, expect to gather 5 Bcf/d by 2015
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Supply Shift
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Growing Demand
Jan 22 – Record Breaking Highs
Low prices and the public’s desire for cleaner energy have fueled the growing popularity of natural gas.
Recent NYC Regulations
Increased Demand for Natural Gas in Boston and NYC Markets
Increased Access to Local Distribution Companies
Demand for Power
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
5.1 Bcf/d in 30 GW of potential incremental
natural gas power generation within 50 miles of Transco
8
Williams Partners L.P. (WPZ)
The Marcellus to power the Northeast.
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Leidy Southeast
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Constitution
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
ODEC Rock Springs
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Northeast Supply Link
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Economic Impact – Project Analysis
Based on our economic impact analysis it is estimated the Transco’s in state expenditures of $49.4 million for these projects will generate for the state:
> 847 total job years (one job year is equivalent to one job lasting one year)
> $40.8 million in GDP > $26.1 million in compensation (income) > $3.7 million in federal tax revenues > $2.7 million in state tax revenues and fees > $300 thousand in local tax revenues
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Palmerton Loop = 4 miles
2012 WMB Template | January 1, 2012
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Luzerne County
2012 WMB Template | January 1, 2012
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Local Economic Benefits
Local and State Sales Tax
Road Repair to Townships & Municipalities
Grant Dollars and Training for First Responders Local Business Profits
2012 Property Taxes Paid: $378,000
LOCAL WORKFORCE
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Williams Workforce
> Full Time Employment = 538 PA Employees
> 2012 Gross Wages in PA: $44 million
> The jobs we create are generational jobs – they will be needed for generations to come
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Recruiting a Local Workforce
2012 WMB Template | January 1, 2012
Partnerships withTech Programs include – Lackawanna College, Thaddeus Stevens, Johnson College, Penn Tech
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
www.williams.com/careers
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Current Openings
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Williams Careers on Facebook
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Contractors for Projects
Jobs through Subcontractors Construction Surveying Land Agents Administration Permitting Accounting Legal HDD Boring Environmental Engineering
© 2013 The Williams Companies, Inc. All rights reserved. © 2011 The Williams Companies, Inc. All rights reserved.
Services We Require in Growth Areas
Air patrol Alarms/security Boring services Compressor controls Concrete Construction Corrosion consultants Cranes Dredging Electrical Emissions
measurement Engineering Environmental
23
Excavating Fencing Fire/safety Instrumentation Insulation Janitorial Landscaping/lawn
care Lighting Mechanical integrity Oil services Painting
Pipeline/steel Pump supply and
installation Right of way
maintenance Sandblasting Septic tank Signs Tree clearing Trucking Valve/controls Water hauling Welding X-ray and inspection
© 2013 The Williams Companies, Inc. All rights reserved. © 2011 The Williams Companies, Inc. All rights reserved. 24
Becoming a Williams Vendor
> Connection made between Williams and a potential vendor > Williams request the MSA process be started > Contractor completes Williams template that includes company profile
– Company name – Federal ID – Contact information – Office/Cell/Fax numbers – Physical and Mailing addresses
> Williams sends MSA packet to contractor > Not all contractors qualify to work as a Williams vendor
© 2013 The Williams Companies, Inc. All rights reserved. © 2011 The Williams Companies, Inc. All rights reserved.
What We Require of Our Vendors
> Proven safety record and practices
> Reliable service
> Master Service Agreement
> ISNetworld registration for certain
types of businesses
25
© 2013 The Williams Companies, Inc. All rights reserved. © 2011 The Williams Companies, Inc. All rights reserved. 26
Williams MSA
> Legal agreement between the vendor and Williams that will dictate the relationship as work is assigned
> Other natural gas companies have their own MSA
> Within Williams, MSAs differ • Williams Midstream • Williams Transco Pipeline
> The terms, conditions, and warranties are likely to be different
> Important that you read each one
© 2013 The Williams Companies, Inc. All rights reserved. © 2011 The Williams Companies, Inc. All rights reserved.
Williams Minimum Requirements Statistics
1. A 3 year average Total Recordable Incident Rating (TRIR) of 5.0 or
less 2. A current Experience Modification Rate (EMR) of 1.0 or less
3. No fatalities during the last 3 years
4. No SAFETY related citations (OSHA, DOT, EPA) during the last 3
years
5. Safety Program Review and Verification Services (RAVS) Score of 100% within ISNetworld
27
© 2013 The Williams Companies, Inc. All rights reserved. © 2011 The Williams Companies, Inc. All rights reserved.
Williams Offices in the NEPA
Tunkhannock, PA 51 Warren Street Tunkhannock, PA 18657
Wyoming County Chamber | September 28, 2011 |
Clarks Summit, PA 1212 South Abington Road Clarks Summit, PA 18411
© 2013 The Williams Companies, Inc. All rights reserved. © 2012 The Williams Companies, Inc. All rights reserved.
Major 2012-14 projects on track
29
Canada (MC&O) Boreal Pipeline 2Q′12
Ethane Recovery mid-year ‘13
Eastern Seaboard (WPZ) Mid-South Expansion 3Q′12 / 2Q′13
Rockaway Lateral as early as spring ′14
Western U.S. (WPZ) Parachute Plant Expansion 2014
Overland Pass Expansion early 2013
Deepwater Gulf of Mexico (WPZ) Gulfstar mid-year ′14
Keathley Canyon mid-year ′14
Olefins (MC&O) Geismar Expansion 3Q′13
Marcellus (WPZ) NE Supply Link 4Q′13
Constitution Pipeline spring ′15 -ongoing-
Susquehanna Supply Hub Caiman acquisition build-out Laurel Mountain Midstream
Pie represents midpoint of capital investments in
guidance 2012-2014
Projects are listed with expected in-service dates
© 2013 The Williams Companies, Inc. All rights reserved. 30 Presentation name (edit footer in slide master pages) | 1/1/13
Chris Staffel Public Outreach – Atlantic Gulf Northeast Williams [email protected]
Questions?