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.
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 ...
Louisiana Senator Proposes Statutory Framework Governing Rights and Obligations of Parties to Renewable Energy Leases
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 ...
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.
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 ...
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) ...
April 24-25, 2023 - Horseshoe Bossier Casino & Hotel
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 ...
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.
Cameron LNG has signed a Memorandum of Understanding (MOU) with Entergy Louisiana to advance a renewable energy service agreement (ESA) in an effort to reduce its overall greenhouse gas (GHG) emissions.
The new ESA is aimed at reducing Cameron LNG’s Scope 2 emissions by buying renewable power from Entergy Louisiana.
Scope 2 emissions are those caused by a company indirectly from the energy it buys.
The non-binding MoU outlines a framework for the two firms to ...
U.S. oil and gas company Chesapeake Energy has entered into a term gas supply agreement (GSA) with Golden Pass LNG Terminal, a joint venture of QatarEnergy and ExxonMobil.
Under the deal, Chesapeake is to deliver 300 milllion cubic feet per day of gas from Haynesville to Golden Pass’s LNG terminal on the Gulf Coast near Sabine Pass, Texas.
The GSA is to start in 2024 with a 36-month term at an NYMEX-based price less a ...