Williams Current Drilling and Producing Operations

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Williams Current Drilling and Producing Operations

• Currently have 25 drilling rigs operating in
  Garfield and Rio Blanco Counties. 16 in Valley
  and 9 in Highlands.
• Drilling at depths ranging from 5,400 in Grand
  Valley field in Garfield County to 10,000 in
  Ryan Gulch in Rio Blanco County.
• 2-6 wells per pad on conventional rigs and up to
  10 to 22 wells/pad on new HP/SSD rigs, all are
  directional.
• Currently over 2608 wells producing 800 MMCFD
  (750 MMCFD from the valley and 50 MMCFD from
  Highlands) which provides energy (heat) to over
  2,800,000 homes.

NW CO Forum 9/4/08
2
Piceance Drilling and Plant Update

• Plan for 2008 is to drill over 500 wells in
  Garfield and Rio Blanco Counties. Plan for 2009
  is identical to 2008.
• All ten new HP Flex 4 rigs are currently
  operating. Conducting SIMOPS on all HP pads. 4
  Nabors High efficiency Super Sundowner Rigs are
  operating. 60 of rig fleet are these high
  efficiency rigs.
• Expanding new Parachute Creek Plant III facility
  to over 1 BCF processing capacity which should be
  complete in 2008.
• Williams Midstream is looking to construct the
  Willow Creek Cryogenic Plant by 2009 in Rio
  Blanco County.

NW CO Forum 9/4/08
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25 Rigs Operating in the Piceance Basin
Exploration Production

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Ryan Gulch/
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Red Point

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Rulison Field

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Trail Ridge
Allen Point
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Grand Valley Field
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Parachute Field
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20 miles

• 24th Year of Development 115,000 Net Acres
• The largest natural gas producer in Piceance
  Basin
• 800 MMcfd Gross Operated Production
• Operate 2608 wells
• Operate 250 miles of gathering and 4 gas plants
• Access to 5 major interstate/intrastate pipelines
• Currently 25 drilling rigs operating

Drilling Rigs (blue is new HP Green is Nabors
SD new rigs)
AAA
4
Community

• Williams received an award from the COGCC for
  Community Counts.
• Williams has taken over 600 people, including
  school groups, retirees, community members,
  regulators and others on tours of operations, the
  Wheeler Gulch road and tunnel.
• Williams spent over 37,000 at the Rio Blanco,
  Garfield, and Mesa County Fairs Junior Livestock
  sales.
• Williams Donna Gray will be co-chairing Garfield
  Countys United Way campaign and Susan Alvillar
  is co-chairing Mesa Countys United Way campaign.