Kinder Morgan Inc.’s (KMI) Texas-Louisiana Expansion project, aimed at bringing additional natural gas supply to the Gulf Coast, is now fully subscribed after two LNG exporters signed on as customers. Natural Gas Pipeline Company of America LLC (NGPL), a KMI subsidiary, told FERC in a recent filing it has inked agreements to supply the Golden…
Louisiana
Articles from Louisiana
Delfin Midstream Requests DOE Extension to 2029 for Gulf of Mexico LNG Project
Delfin Midstream Inc. is seeking an additional five years to complete its LNG export project offshore Louisiana, marking one of the first tests of the Department of Energy’s (DOE) stance on extensions since last year. For more than a decade, Houston-based Delfin has been developing a proposed export project offshore Louisiana that would use four…
Tellurian Looks to Start Major Driftwood LNG Construction By Year’s End
Tellurian Inc. has made another executive leadership change, this time choosing to part ways with its CEO, as it tries to fast track development of its Driftwood LNG project. The Houston-based company has been awash in personnel and strategy shifts since December, when its board of directors moved to dismiss co-founder and executive chairman Charif…
Consolidation Wave Hits Haynesville with TGNR Acquiring Rockcliff for $2.7B
Natural gas producer TG Natural Resources LLC (TGNR) has entered a deal to acquire fellow Haynesville Shale heavyweight Rockcliff Energy II LLC for $2.7 billion. Rockcliff, which is backed by private equity firm Quantum Capital Group, operates in the East Texas portion of the Haynesville, which also straddles northwestern Louisiana. Rockcliff operates across more than…
Southwestern CEO Sees Haynesville Producer Discipline, LNG Demand Boosting Natural Gas Prices
The management team of Southwestern Energy Co. sees strengthening natural gas prices on the horizon, as U.S. producers tap the brakes on output and LNG exports continue to rise. CEO Bill Way hosted a conference call to discuss third quarter results for the natural gas-weighted independent, which operates in the Appalachian Basin and the Haynesville…
Tellurian, Delfin Eye Timeline Extensions on Louisiana LNG Export Projects
The potential start of two developing Louisiana LNG terminals has been pushed back as Tellurian Inc. and Delfin Midstream Inc. adjust to equipment manufacturing and contracting delays. FERC has granted Delfin a four-year extension for its 13.3 million metric ton/year (mmty) floating liquefied natural gas project that would give the company until Sept. 28, 2027…
Federal Court Reinstates Six Million Acres Slashed from Upcoming GOM Natural Gas, Oil Auction
An offshore oil and gas lease sale scheduled for Wednesday (Sept. 27) in the Gulf of Mexico’s (GOM) Outer Continental Shelf (OCS) must proceed as originally planned with all 73 million acres on offer, following a preliminary injunction granted by the U.S. District Court for the Western District of Louisiana. The Department of the Interior’s…
PHX Growing Haynesville, SCOOP Royalty Position Amid Natural Gas Price Slump
PHX Minerals Inc. is using the current natural gas price downturn to expand its mineral and royalty positions in the Haynesville Shale and South Central Oklahoma Oil Province (SCOOP) plays, management said Thursday. The Fort Worth, TX-based independent agreed to acquire about 988 net royalty acres in the Haynesville and SCOOP from five separate sellers…
Commonwealth LNG Targets Early 2024 FID After Kimmeridge Equity Agreement
Commonwealth LNG LLC disclosed it has reached a milestone in the development of its 9.3 million metric ton/year (mmty) proposed natural gas export facility in Cameron Parish, LA with a combined equity, offtake and feed gas supply agreement. Houston-based Commonwealth said it has closed an agreement with Kimmeridge Energy Management Co. LLC for a minority…
TTF Spikes Despite High Storage as Market Weighs Tightening LNG Supply – LNG Recap
European natural gas prices ticked up again on Monday despite healthy storage on the continent and an apparent lull in Asia, hinting at anxiety over falling LNG imports. Upward movement in European prices was previously expected to be limited for the rest of July after several key gas facilities in Norway wrapped up heavy maintenance…