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                                                                      Exhibit 21

                   THE WILLIAMS COMPANIES, INC. & AFFILIATES

March 1, 1995



                                                                                                  Percent
                                                                        Jurisdiction              Owned by
                                                                             of                  Immediate
                                                                       Incorporation               Parent
                                                                       -------------               ------
                                                                                             
The Williams Companies, Inc. . . . . . . . . . . . . . . . . . .          Delaware                  62.60%
   Apco Argentina Inc. . . . . . . . . . . . . . . . . . . . . .          Cayman Islands              100%
      Apco Properties Ltd.   . . . . . . . . . . . . . . . . . .          Cayman Islands               50%
   Kern River Gas Supply Corporation   . . . . . . . . . . . . .          Delaware                     50%
   Kern River Service Corporation    . . . . . . . . . . . . . .          Delaware                    100%
   Langside Limited    . . . . . . . . . . . . . . . . . . . . .          Bermuda                     100%
   Northwest Pipeline Corporation    . . . . . . . . . . . . . .          Delaware                    100%
   Northwest Exploration Company   . . . . . . . . . . . . . . .          Delaware                    100%
   Realco Realty Corp.   . . . . . . . . . . . . . . . . . . . .          Delaware                    100%
      Realco of Crown Center, Inc.   . . . . . . . . . . . . . .          Delaware                    100%
      Realco of San Antonio, Inc.  . . . . . . . . . . . . . . .          Delaware                    100%
      Realco Realty Developments, Inc.   . . . . . . . . . . . .          Delaware                    100%
   Transco Energy Company*   . . . . . . . . . . . . . . . . . .          Delaware                     60%
   Tulsa Williams Company    . . . . . . . . . . . . . . . . . .          Delaware                    100%
   WTG Holdings, Inc.    . . . . . . . . . . . . . . . . . . . .          Delaware                    100%
      WCS Communications Systems, Inc.   . . . . . . . . . . . .          Delaware                    100%
      Williams Telecommunications Systems, Inc.    . . . . . . .          Delaware                    100%
          WCS, Inc.    . . . . . . . . . . . . . . . . . . . . .          Delaware                    100%
          WCS Microwave Services, Inc.   . . . . . . . . . . . .          Nevada                      100%
      Vyvx, Inc.   . . . . . . . . . . . . . . . . . . . . . . .          Delaware                    100%
      WilTel Financial Corporation . . . . . . . . . . . . . . .          Delaware                    100%
      WilTel Technology Ventures, Inc. . . . . . . . . . . . . .          Delaware                    100%
   Wilko, Inc.   . . . . . . . . . . . . . . . . . . . . . . . .          Delaware                    100%
   Williams Acquisition Holding Company, Inc.    . . . . . . . .          New Jersey                  100%
      Agrico Foreign Sales Corporation   . . . . . . . . . . . .          Guam                        100%
      Fishhawk Ranch, Inc.   . . . . . . . . . . . . . . . . . .          Florida                     100%
      Texasgulf Inc.   . . . . . . . . . . . . . . . . . . . . .          Delaware                     15%
   Williams Energy Company   . . . . . . . . . . . . . . . . . .          Delaware                    100%
   Williams Energy Ventures, Inc.      . . . . . . . . . . . . .          Delaware                    100%
      Carbon County UCG, Inc.    . . . . . . . . . . . . . . . .          Delaware                    100%
      Energy International Corporation   . . . . . . . . . . . .          Pennsylvania                100%
      F T & T, Inc.    . . . . . . . . . . . . . . . . . . . . .          Delaware                    100%
      Nebraska Energy, L.L.C.    . . . . . . . . . . . . . . . .          Kansas                       71%
      Williams Brokering Services, Inc.    . . . . . . . . . . .          Delaware                    100%
      Williams Canadian Holding, Inc.    . . . . . . . . . . . .          Delaware                    100%
      Williams Energy Brokering Company    . . . . . . . . . . .          Delaware                    100%
      Williams Energy Derivatives and Trading Company    . . . .          Delaware                    100%
      Williams Energy Systems Company    . . . . . . . . . . . .          Delaware                    100%
      Williams Knowledge Systems, Inc.     . . . . . . . . . . .          Delaware                    100%
      Williams Producer's Services Company   . . . . . . . . . .          Delaware                    100%
      Williams U.S. Holding, Inc.      . . . . . . . . . . . . .          Delaware                    100%
   Williams Exploration Company    . . . . . . . . . . . . . . .          Delaware                    100%
      Rainbow Resources, Inc.      . . . . . . . . . . . . . . .          Colorado                    100%


*The Exhibit 21 for Transco Energy Company & Affiliates is attached.
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                                                                                                      Percent
                                                                      Jurisdiction                    Owned by
                                                                           of                        Immediate
                                                                     Incorporation                     Parent
                                                                     -------------                     ------
                                                                                                 
Williams Field Services Group, Inc.   . . . . . . . . . . . . .         Delaware                         100%
   Williams CNG Company   . . . . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Field Services Company  . . . . . . . . . . . . . .         Utah                             100%
   Williams Field Services - Michigan Company   . . . . . . . .         Delaware                         100%
   Williams Gas Company   . . . . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Gas Management Company  . . . . . . . . . . . . . .         Delaware                         100%
   Williams Gas Marketing Company   . . . . . . . . . . . . . .         Delaware                         100%
   Williams Gas Processing - Blanco, Inc.   . . . . . . . . . .         Delaware                         100%
   Williams Gas Processing Company  . . . . . . . . . . . . . .         Delaware                         100%
   Williams Gas Processing - Kansas Hugoton Company   . . . . .         Delaware                         100%
   Williams Gas Processing - Mid-Continent Region Company   . .         Delaware                         100%
   Williams Gas Processing - Wamsutter Company  . . . . . . . .         Delaware                         100%
   Williams Gas Supply Company  . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Power Company   . . . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Power Investments, Inc.   . . . . . . . . . . . . .         Delaware                         100%
   Williams Power Services, Inc.  . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Production Company  . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Washington Power Services, Inc.   . . . . . . . . .         Delaware                         100%
Williams Information Services Corporation . . . . . . . . . . .         Delaware                         100%
Williams International Company  . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams International Ventures Company  . . . . . . . . . .         Delaware                         100%
      WEV, Inc. (New Zealand)   . . . . . . . . . . . . . . . .         Delaware                         100%
      Williams Energy Ventures Corporation (New Zealand)  . . .         Delaware                         100%
Williams International Pipeline Company . . . . . . . . . . . .         Delaware                         100%
   Williams International Pipeline Company - Colombia   . . . .         Delaware                         100%
Williams Natural Gas Company  . . . . . . . . . . . . . . . . .         Delaware                         100%
   WNG - Kansas Hugoton, Inc.   . . . . . . . . . . . . . . . .         Delaware                         100%
   WNG - Oklahoma Hugoton, Inc.   . . . . . . . . . . . . . . .         Delaware                         100%
   WNG - Wamsutter, Inc.  . . . . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Gathering Company   . . . . . . . . . . . . . . . .         Delaware                         100%
Williams Pipe Line Company  . . . . . . . . . . . . . . . . . .         Delaware                         100%
   WillBros Terminal Company  . . . . . . . . . . . . . . . . .         Delaware                         100%
   Williams Terminals Company   . . . . . . . . . . . . . . . .         Delaware                         100%
Williams Relocation Services, Inc.  . . . . . . . . . . . . . .         Delaware                         100%
Williams Storage Company  . . . . . . . . . . . . . . . . . . .         Delaware                         100%
Williams Underground Gas Storage Company  . . . . . . . . . . .         Delaware                         100%
Williams Western Holding Company, Inc.  . . . . . . . . . . . .         Delaware                         100%
   Northwest Alaskan Pipeline Company   . . . . . . . . . . . .         Delaware                         100%
   Northwest Argentina Corporation  . . . . . . . . . . . . . .         Utah                             100%
   Northwest Border Pipeline Company  . . . . . . . . . . . . .         Delaware                         100%
      Northern Border Partners, L.P.  . . . . . . . . . . . . .         Delaware(Limited Partnership)  4.375%
      Northern Border Intermediate Limited Partnership  . . . .         Delaware(Limited Partnerehip)  0.175%
   Northwest Land Company   . . . . . . . . . . . . . . . . . .         Delaware                         100%
Williams Western Pipeline Company . . . . . . . . . . . . . . .         Delaware                         100%
   Kern River Gas Transmission Company  . . . . . . . . . . . .         Texas(Partnership)                50%
WilMart, Inc. . . . . . . . . . . . . . . . . . . . . . . . . .         Delaware                         100%





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                      TRANSCO ENERGY COMPANY SUBSIDIARIES




                                              % Owned           State of
Subsidiary Name                               By Parent      Incorporation
                                                           

Energy Tech, Inc.                                100.00          Delaware
Gasco Insurance Company Limited                  100.00          Bermuda
Hazleton Fuel Management Company                 100.00          Delaware
   Hazleton Pipeline Company                     100.00          Delaware
   TM Cogeneration Company                       100.00          Delaware
Transco Coal Company                             100.00          Delaware
   Cross Mtn. Coal, Inc.                         100.00          Tennessee
   Farmer Coal Company, Inc.                     100.00          Kentucky
   Highland Coal, Inc.                           100.00          Kentucky
   Interstate Coal Company, Inc.                 100.00          Kentucky
      Beech Grove Processing Company             100.00          Tennessee
      Bledsoe Coal Leasing Company               100.00          Delaware
      Inland Ports, Inc.                         100.00          Tennessee
   Leeco, Inc.                                   100.00          Kentucky
   Mountain Clay, Inc.                           100.00          Kentucky
   Randall Fuel Company, Inc.                    100.00          Georgia
   Stansbury & Company, Inc.                     100.00          Delaware
   Typo Mining, Inc.                             100.00          Delaware
      Aceco, Inc.                                100.00          Kentucky
      Bituminous-Laurel Mining, Inc.             100.00          Kentucky
      New Brush Creek Mining, Inc.               100.00          Kentucky
      Polls Creek Coal Co., Inc.                 100.00          Kentucky
          Oswayo Mining, Inc                     100.00          Kentucky
          Sizemore Trucking, Inc.                100.00          Kentucky
      Pro-Land, Inc.                             100.00          Kentucky
          River Coal Company, Inc.               100.00          Kentucky
   Valley View Coal, Inc.                        100.00          Tennessee
Transco Coal Gas Company                         100.00          Delaware
Transco Energy Investment Company                100.00          Delaware
Transco Exploration Company                      100.00          Delaware
Transco Gas Company                              100.00          Delaware
   Border Gas, Inc.                               10.00          Delaware
   Liberty Operating Company                     100.00          Delaware
   NESP Supply Corp.                              33.33          Delaware
   Texas Gas Investment Co.                      100.00          Delaware
   Texas Gas Transmission Corporation            100.00          Delaware
   Trans-Jeff Chemical Corporation                50.00          Delaware
   Transco Blue Ridge Pipeline Company           100.00          Delaware

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   Transco Gas Gathering Company                 100.00          Delaware
      Magnolia Pipeline Corporation              100.00          Alabama
      Nuval lntrastate Transmission Company      I00.00          Delaware
      Transco Brine Services Company             100.00          Delaware
      Transco Industrial Pipeline Company        100.00          Delaware
      Transco Matagorda Pipeline Company         100.00          Delaware
      Transco Offshore Gathering Company         100.00          Delaware
      Transco Terminal Company                   100.00          Delaware
      Transco-Louisiana Intrastate
          Pipeline Company                       100.00          Delaware
      Transco-Texas Intrastate
          Pipeline Company                       100.00          Delaware
   Transco Gas Marketing Company                 100.00          Delaware
      Transco Energy Marketing Company           100.00          Delaware
      Transco Liquids Company                    100.00          Delaware
      HI-BOL Pipeline Company                    100.00          Delaware
      Transco Power Trading Co.                  100.00          Delaware
      TXG Energy Services Company                100.00          Delaware
      TXG Gas Marketing Company                  100.00          Delaware
          TXG Intrastate Pipeline Company        100.00          Delaware
   Transco Liberty Pipeline Company              100.00          Delaware
   Transco Production Services Company           100.00          Delaware
   Transcontinental Gas Pipe Line Corporation    100.00          Delaware
   Transeastern Gas Pipeline Company, Inc.       100.00          Delaware
   TXG Engineering, Inc.                         100.00          Delaware
Transco P-S Company                              100.00          Delaware
Transco Resources, Inc.                          100.00          Delaware
   ForTran Exploration Company                   100.00          Delaware
   Magnolia Methane Corp.                        100.00          Delaware
   Transco Transportation Company                100.00          Delaware
   Tubexpress, Inc.                               50.00          Delaware
Transco Tower Realty, Inc.                       100.00          Delaware
TREN-FUELS, Inc.                                 100.00          Texas
   Fleet Star, Inc.                              100.00          Delaware
      Enfuels Corporation                         37.50          Delaware
      FST Holdings, Inc.                          50.00          Delaware
          Fleet Star of Texas, L.C.               50.00          Texas
   TRANSTAR Technologies, L.C.                    50.00          Texas
   Tren-Fuels Services, Inc.                     100.00          Colorado