Jim Scheel, vice president of Northeast gathering and processing for The Williams Cos., speaks to attendees at the recent Marcellus-Utica Midstream Conference in Pittsburgh. Source: Hart Energy
The Northeast region is projected to account for as much as 75% of the growth in the U.S. supply of natural gas supply through 2022, and The Williams Cos. is “poised for growth,” said Jim Scheel, Williams’ vice president for Northeast gathering and processing, at Hart Energy’s recent Marcellus-Utica Midstream Conference.
Williams has built up its gathering and processing footprint in the region over the last eight years, he noted, with the “limiting factor” of late being the region’s lack of adequate takeaway capacity, he said.
“What’s really been the limiting factor has been takeaway capacity,” observed Scheel. “We need more takeaway to unlock the value in the Northeast, and that would really position us for growth.”