WILLIAMS COMPANIES INC
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The Williams Companies, Inc. engages in finding, producing, gathering, processing, and transporting natural gas. The company operates in four segments: Gas Pipeline, Exploration and Production, Midstream Gas and Liquids, and Power. The Gas Pipeline segment comprises interstate natural gas pipelines, as well as investments in natural gas pipeline-related companies. The Gas Pipeline segment includes Northwest pipeline, which extends from the San Juan Basin in northwestern New Mexico and southwestern Colorado to Oregon and Washington, and Transcontinental gas pipe line, which extends from the Gulf of Mexico region to the northeastern United States. The Exploration and Production includes natural gas development, production, and gas management activities primarily in the Rocky Mountain and Mid-Continent regions of the United States and in Argentina. The Midstream Gas and Liquids segment comprises natural gas gathering, processing, and treating facilities in the Rocky Mountain and Gulf Coast regions of the United States, oil gathering and transportation facilities in the Gulf Coast region of the United States, majority-owned natural gas compression and transportation facilities in Venezuela, and assets in Canada, including a natural gas liquids extraction facility and a fractionation plant. The Power segment provides buys, sells, stores, and transports energy and energy-related commodities primarily power and natural gas, on a wholesale level. The company's had proved natural gas reserves of 2,986 one billion cubic feet of gas equivalent and owned interests in 10,001 gross producing wells, as of December 31, 2004. The Williams Companies was founded in 1908 and is based in Tulsa, Oklahoma.