Texas/La Gulf Coast

Liquefied Natural Gas (LNG) , Pipelines

Cheniere Partners Produces First LNG at Sabine Pass Train 6

Cheniere Partners expects completion of Train 6 to be achieved in the first quarter of 2022, approximately 1 year ahead of the guaranteed completion date.

November 23, 2021

Rig Counts , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Nov. 22, 2021)

Rig count, crude futures fall slightly, shale basin gas production rises

November 22, 2021

Investment , Exploration & Production

Global Data: Higher Investment is Needed for Eagle Ford to Facilitate Production Growth

An additional $1.5 billion of investment is required to increase production by 10% in Eagle Ford by the end of next year.

November 22, 2021

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count as of November 19, 2021

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

November 19, 2021

Business , Emissions , Energy Transition

Exxon Mobil Lays Groundwork for Carbon Capture Megaproject at Offshore Auction

Exxon Mobil in April floated an up to $100 billion industry hub to collect emissions from Gulf Coast petrochemical plants and bury them under the Gulf of Mexico.

November 18, 2021

Business , Emissions , Energy Transition , Technology

Talos Aims to Operate First Active Carbon Sequestration Project on US Gulf Coast

Talos Energy recently unveiled plans to develop a CCS project that CEO Timothy S. Duncan says could be the first active carbon sequestration project on the U.S. Gulf Coast.

November 18, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 17, 2021

Here’s a snapshot of recent energy deals including the acquisition of Veritas Energy’s nonop position by Northern Oil and Gas in a transaction worth over $500 million in the Permian Basin plus a $2.5 billion Freeport LNG deal.

November 17, 2021

Lease Sales

Marketed: White Oak Resources Operated South Texas Position

White Oak Resources retained RedOaks Energy Advisors for the sale of certain properties located in South Texas across Webb, Duval, Goliad, Victoria, Starr and Hidalgo counties.

November 17, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of Nov. 17, 2021)

Here’s a quicklist of oil and gas assets on the market including a diversified Permian Basin platform with conventional and unconventional projects plus an Endeavor Energy Resources Eddy County, New Mexico package.

November 17, 2021

Exploration & Production , Legislation , Lease Sales

US Offshore Oil Auction Begins Under Court Order, Shadow of Climate Deal

Interior's Bureau of Ocean Energy Management will auction almost all available unleased Gulf of Mexico blocks, 80 million acres, at a live-streamed event on Nov. 17.

November 17, 2021