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.
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
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.
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
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.
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.
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.
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.
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.
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.