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April 28, 2014
08:07 EDTWPZWilliams makes plans to bring Opal facility back in service after fire
Williams Partners is deploying safety measures and performing initial assessment of damage in a small area of one of the five plants on its 160-acre Opal, Wyoming., gas-processing facility that was directly affected by a fire last week. In coordination with regulatory agencies, the company is assessing damage and developing preliminary plans to bring the other four plants back into service in a safe, systematic and timely manner. The capacity of the four undamaged plants totals 1.1B cubic feet of gas per day, which is sufficient to handle all of the natural gas currently available to the facility. The facility has been shut down since the incident occurred on April 23. There were no reported injuries or damage to property outside the facility. The plants emergency procedures performed as designed. Although the company has not yet made a full assessment of all plant equipment, the initial visual assessment of damage indicates that the impact was largely limited to a small area of the TXP-3 unit. At the time of the incident, it was one of the four units the plant had running to handle recent daily inlet volumes of approximately 1B cubic feet of natural gas. The fifth unit was idle, serving as excess capacity for the facility. Information from the companys visual inspection of the damage area indicates that there was a release of natural gas that was subsequently ignited. The focus of the investigation will be on the cause of the release and source of ignition. Company personnel are inspecting the damaged equipment in cooperation with regulatory authorities. The company plans a detailed assessment of damage, followed by development of plans to address the damaged equipment.
News For WPZ From The Last 14 Days
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February 25, 2015
16:38 EDTWPZWilliams Partners files to sell $1B of common units representing limited partner
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16:37 EDTWPZWilliams Partners files automatic mixed securities shelf for limited partners
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February 24, 2015
10:00 EDTWPZOn The Fly: Analyst Downgrade Summary
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06:16 EDTWPZWilliams Partners downgraded to Neutral from Buy at Citigroup
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