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…
Louisiana
Articles from Louisiana
Natural Gas, Oil Industry-backed Louisiana CCS Law Builds Case for Renewable Diesel Project
A new Louisiana carbon capture and sequestration (CCS) law should benefit the state’s renewables as well as natural gas and oil sectors, industry officials told NGI. Act 163, which took effect Aug. 1, provides extra carbon dioxide (CO2) “reservoir storage security” in Caldwell Parish, reported Strategic Biofuels LLC. The firm plans to develop the Louisiana…
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…
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…
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…
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…
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…
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…
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…
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…