Driftwood Lng

Tellurian Inc. has completed another acquisition in the Haynesville Shale, further bolstering the natural gas production position as works toward sanctioning a Louisiana LNG export terminal. A unit of Houston-based Tellurian disclosed it paid $125.5 million for a package of assets from EnSight IV Energy Partners LLC and EnSight Haynesville Partners LLC. At the close…

Environmental advocates have filed another challenge against Tellurian Inc.’s proposed Driftwood LNG project, this time in the form of a petition against the U.S. Army Corps of Engineers (USACE). The Sierra Club and New Orleans-based advocacy group Healthy Gulf have filed a petition in the U.S. Court of Appeals for the Fifth Circuit asking for…

Tellurian Inc., which has since its inception buoyed its Lower 48 natural gas portfolio to feed its proposed export project in Louisiana, on Wednesday gobbled up more producing wells and infrastructure in the Haynesville Shale. Subsidiary Tellurian Production LLC (TPC) agreed to purchase a package of assets from privately held EnSight IV Energy Partners LLC…

Tellurian Inc. is in no hurry to sell all of the 27 million metric tons/year (mmty) of liquefied natural gas (LNG) capacity from the proposed Driftwood export project in Louisiana even though there’s an opportunity to do so, according to CEO Octávio Simões. The company has agreed to supply 9 mmty of LNG from the…

Tellurian Inc. could begin construction on certain elements of its Driftwood liquefied natural gas (LNG) facility in Louisiana as early as this summer, CEO Octávio Simões said recently. “We’re aiming to start construction of the owner obligation costs this summer,” Simões told NGI. Those owner obligations are not covered by the company’s engineering, procurement and…

Tellurian Inc. has secured a memorandum of understanding (MOU) with Vitol Inc. to supply 1.5 million metric tons/year (mmty) of liquefied natural gas (LNG) for at least 15 years from the planned Driftwood LNG export facility on the Louisiana coast.