Williams Acquires Momentum Midstream for $5.5 Billion

Williams Companies Inc. has completed its $5.5 billion acquisition of Momentum Midstream LLC, also known as M6 Midstream.

The deal expands Williams' position in the Haynesville natural gas basin and strengthens its ability to meet increasing demand from liquefied natural gas (LNG), power generation, and industrial customers along the U.S. Gulf Coast.

According to Williams President and Chief Executive Officer Chad Zamarin, the acquisition establishes a leading Haynesville position for the company, with Momentum contributing a strong customer base, long-term take-or-pay contracts, and complementary infrastructure that supports Williams' natural gas-focused growth strategy.

The acquired portfolio includes more than 4,000 miles of pipelines, three take-or-pay pipelines with combined transportation capacity of approximately 4.05 billion cubic feet per day (Bcfd), over one million dedicated acres, and around 6 Bcfd of gathering capacity.