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WILLIAMS COAL SEAM GAS ROYALTY TRUST ANNOUNCES QUARTERLY CASH DISTRIBUTION AND ESTIMATED TAX CREDIT

 DALLAS, Nov. 3 /PRNewswire/ -- NationsBank of Texas, N.A., as trustee of Williams Coal Seam Gas Royalty Trust, today announced a quarterly cash distribution to the holders of its units of beneficial interest of $0.5470985 per unit, payable Nov. 29, 1993 to unitholders of record on Nov. 15, 1993.
 Unitholders of record on Nov. 15, 1993 will also be entitled to tax credits under Section 29 of the Internal Revenue Code for the coal seam gas produced and sold during the period associated with this quarterly cash distribution. The estimated tax credit associated with this cash distribution is $0.47 per unit. Unitholders will be provided additional tax information in the 1993 Third Quarter Report of the Trust.
 The Trust owns net profits interests in certain proved coal seam gas properties owned by Williams Production Company (WPC) and located in the San Juan Basin of northwestern New Mexico and southwestern Colorado. WPC reported that production attributable to its interests in the properties burdened by the Trust's net profits interests was 7.5 trillion British thermal units (TBtu) during the period associated with this quarterly cash distribution compared to 6.7 TBtu during the preceding period.
 WPC reported that the increase in production during this period was due to greater production levels. WPC also said that the increased production from the working interest properties was due to the placement of 21 additional wells into production. Another 27 drilled and completed wells associated with the Trust are scheduled to be placed into production during the last quarter of 1993.
 The Trust is a grantor Trust formed by The Williams Companies, Inc., parent company of WPC, and is designed to provide unitholders with quarterly cash distributions and tax credits under Section 29 of the Internal Revenue Code from certain coal seam gas properties.
 The units are listed on The New York Stock Exchange under the symbol "WTU".
 -0- 11/3/93
 /CONTACT: Irma A. Whitman of NationsBank of Texas, N.A., Trustee, 214-508-2364; or Linda K. Lawson of Williams Production Company, 918-588-2087/
 (WTU)


CO: Williams Coal Seam Royalty Trust ST: Texas IN: OIL SU: DIV

WB -- NY072 -- 0188 11/03/93 13:28 EST
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Publication:PR Newswire
Date:Nov 3, 1993
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