Louisiana

Lower 48 Oil and Natural Gas Permitting Dips Again in June as Texas, Louisiana Slip

Lower 48 Oil and Natural Gas Permitting Dips Again in June as Texas, Louisiana Slip

June is usually a strong month for U.S. oil and gas permitting, but activity overall dipped for the second month in a row, according to an analysis by Evercore ISI. The investment firm each month compiles a rundown of permitting activity in the United States using state and federal data. According to Evercore, June saw…

July 18, 2022
Haymaker Lands Oil and Natural Gas Mineral, Royalty Package Spanning Four States

Haymaker Lands Oil and Natural Gas Mineral, Royalty Package Spanning Four States

An affiliate of Haymaker Minerals & Royalties III has closed a deal to acquire mineral and royalty interests in “thousands of wells” across 30 counties and parishes in Louisiana, Montana, North Dakota and Texas. “This acquisition fits perfectly within the Haymaker strategy of acquiring diversified mineral portfolios valued at greater than $100 million,” said Haymaker’s…

July 11, 2022
Execs from Louisiana to New Mexico Gaze into Natural Gas, Oil Pricing Crystal Ball

Execs from Louisiana to New Mexico Gaze into Natural Gas, Oil Pricing Crystal Ball

Natural gas and oil industry executives across Texas, northern Louisiana, and southern New Mexico expect a Henry Hub natural gas price of $7.55/MMBtu and a West Texas Intermediate (WTI) oil price of $108/bbl by the end of this year, according to the Federal Reserve Bank of Dallas. The Dallas Fed, as it is known, obtained…

June 30, 2022
Williams Sanctions 1.8 Bcf/d Louisiana Energy Gateway to Deliver Haynesville Supply to Industrial, LNG Markets

Williams Sanctions 1.8 Bcf/d Louisiana Energy Gateway to Deliver Haynesville Supply to Industrial, LNG Markets

Williams on Wednesday hit the green light for the Louisiana Energy Gateway (LEG), a 1.8 Bcf/d natural gas system designed to move Haynesville Shale supply to industrial markets and for export overseas. The LEG system, set for service by late 2024, would deliver Haynesville gas to industrial corridors and to liquefied natural gas (LNG) export…

June 29, 2022
Denbury, Nutrien Considering CCUS Project for Ammonia Project in Louisiana

Denbury, Nutrien Considering CCUS Project for Ammonia Project in Louisiana

Denbury Inc. has a preliminary agreement in hand to transport and store carbon dioxide (CO2) captured from a potential “clean” ammonia project in Geismar, LA. Nutrien Ltd.’s PCS Nitrogen Fertilizer LP is evaluating the ammonia facilities location to expand capacity by 1.2 million metric tons/year (mmty) using carbon capture utilization and storage (CCUS) to reduce…

June 1, 2022
Sempra Explores Decarbonizing Cameron LNG, Louisiana CCS Hub with Potential Partners

Sempra Explores Decarbonizing Cameron LNG, Louisiana CCS Hub with Potential Partners

Sempra Infrastructure has announced an initial deal with existing equity partnerships to curb emissions at its Cameron liquefied natural gas (LNG) terminal and potentially build a carbon capture hub in coastal Louisiana. The subsidiary of San Diego-based Sempra said Monday it had secured a participation agreement with TotalEnergies, Mitsui & Co. and Mitsubishi Corp. to…

May 23, 2022
Venture Global Clinches 2 MMty Agreement with ExxonMobil for Louisiana LNG Projects

Venture Global Clinches 2 MMty Agreement with ExxonMobil for Louisiana LNG Projects

Venture Global LNG Inc. is progressing its planned liquefied natural gas (LNG) projects in Louisiana after securing twin offtake agreements with an ExxonMobil affiliate. The Arlington, VA-based company inked two 20-year sale and purchase agreements (SPA) for a combined 2 million metric tons/year (mmty) with ExxonMobil Asia Pacific Pte Ltd. The affiliate may split the…

May 10, 2022
Enterprise’s Teague Calls for Unleashing U.S. Oil, Gas Production to Lead World from Russia

Enterprise’s Teague Calls for Unleashing U.S. Oil, Gas Production to Lead World from Russia

Houston’s Enterprise Products Partners LP has a bundle of projects in the queue to expand Lower 48 natural gas, liquids and refined projects to serve domestic and overseas demand, the executive team said Monday. Seven projects are being constructed to expand processing, capacity and takeaway from Louisiana, New Mexico, Texas and beyond. Permian Basin natural…

May 2, 2022
E&P, OFS Executives in Texas, Louisiana and New Mexico Forecasting Steady Oil, Gas Prices

E&P, OFS Executives in Texas, Louisiana and New Mexico Forecasting Steady Oil, Gas Prices

Oil and natural gas activity accelerated across Texas, parts of Louisiana and New Mexico during the first three months of 2022, but as Russia’s invasion of Ukraine continued, energy executives said they don’t foresee commodity prices surging to the end of the year. The first quarter survey of oilfield services (OFS) and exploration and production…

March 25, 2022
U.S. OFS Employment Swings Back to Growth Mode

U.S. OFS Employment Swings Back to Growth Mode

The U.S. oilfield services (OFS) and equipment sector added an estimated 7,450 jobs in December, according to the Houston-based Energy Workforce & Technology Council. “As oil demand has pushed higher, it’s heartening to see continued job growth in the sector,” said Council CEO, Leslie Buyer. “The sector has recovered more than half of the jobs…

January 13, 2022
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