The mission of NARO is to encourage and promote exploration and production of minerals in the United States while preserving, protecting, advancing and representing the interests and rights of mineral and royalty owners through education, advocacy and assistance to our members, to NARO chapter organizations, to government bodies and to the public. 7-26-2024
U.S. LNG export capacity is poised to grow tremendously over the next few years, mostly near the Texas/Louisiana border. The gas-focused Haynesville Shale in northwestern Louisiana and northeastern Texas is a prime source of additional supply for those new and expanded terminals. But plans for new north-to-south pipelines to deliver incremental gas out of the Haynesville have been clouded by legal challenges. In today’s RBN blog, we’ll discuss the reasons for ... 5-31-2024
Aethon Energy will acquire Tellurian Inc.'s Haynesville Shale assets for $260 million, allowing Aethon to continue growing as the basin's top private producer and for financially struggling Tellurian to prioritize its flagship Driftwood LNG project, the companies announced May 29. This article has been updated with an acreage map showing the approximate locations of Aethon Energy and Tellurian's acreage positions in the Haynesville Shale. The deal expands Aethon's growing Haynesville footprint with integrated upstream assets in ... 1-29-2024
Big changes are coming to the new epicenter of the global LNG market: Texas and Louisiana. On top of the existing 12.5 Bcf/d of LNG export capacity in the two states, another 11+ Bcf/d of additional capacity is planned by 2028. The good news is that the two major supply basins that will feed this LNG demand — the Permian and the Haynesville — will be growing, but unfortunately not quite as fast as LNG exports beyond 2024. And ... 4-4-2023
The Louisiana Legislature’s 2023 Regular Session begins on April 10th, and last Friday, Louisiana Senator Allain of District 21 filed SB 154 proposing to enact a statutory framework directly governing the rights and obligations of parties to renewable energy leases. The bill defines a “renewable energy lease” as a lease entered into for the purpose of producing “wind, solar, hydroelectric, or geothermal energy.” This definition further includes any lease pursuant to which the primary activity of the ... 3-14-2023
The LNG producer has also given full notice to proceed to KZJV to continue the development of phase two of Plaquemines LNG
US-based Venture Global LNG has made a final investment decision (FID) for the second phase of the Plaquemines LNG facility in Louisiana, US. The LNG company has also secured $7.8bn project financing to support the construction and commissioning of the second phase of the 20 million tonnes per annum (Mtpa) nameplate capacity project. Together, ... 3-10-2023
Texas-headquartered Perma-Pipe International Holdings has secured a contract of over $9 million for Beacon Offshore’s Winterfell Project in the U.S. Gulf of Mexico.
The contract will see Perma-Pipe’s FLOW-THERM subsea wet insulation applied to the flowline that forms a part of the Winterfell Project located at a water depth of approximately 1,600 meters. The project will be executed at the company’s facility in the Port of Iberia, Louisiana, in the latter part of ... 2-21-2023
Natural gas processing and transportation firm Williams and has signed agreements with Chevron USA to support natural gas development in the Haynesville basin, as well as in the deepwater Gulf of Mexico (GoM). Under the deals, Williams will offer natural gas gathering services to the Chevron-owned 26,000-acre field in the Haynesville basin, which covers parts of Texas, Arkansas, and Louisiana. Chevron has agreed to a long-term capacity commitment for Williams’ Louisiana Energy Gateway (LEG) ... 2-14-2023
April 24-25, 2023 - Horseshoe Bossier Casino & Hotel 1-6-2023
Louisiana and Texas are set to gain thousands of energy jobs in the first part of 2023, the LSU Center for Energy Studies said in its 2023 Gulf Coast Energy Outlook. As in previous years, this edition of the Gulf Coast Energy Outlook (GCEO) provides a comprehensive overview of the Gulf Coast region’s energy industry outlook for the upcoming year. Last year’s GCEO addressed post-pandemic operational adjustments implemented by the industry, as well as the ... 12-19-2022
US-based pipeline operator Energy Transfer subsidiary Gulf Run Transmission has received the US energy regulator’s approval to start operations at its Gulf Run natural gas pipeline. The approval has been issued by the US Federal Energy Regulatory Commission (FERC) for the Gulf Run interstate natural gas transmission pipeline in Louisiana. The pipeline will supply natural gas drawn from key US producing regions to meet the surging demand along the Gulf Coast and international markets. |