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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.

10-26-2020

November 19, 2020
12PM - 1PM CST
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Accounting professional, Idalia Romanos, will discuss how to go about reading and managing the statements that royalty owners receive each month accompanying their check. Idalia will discuss the different codes, columns, and figures contained in a normal royalty statement and direct royalty owners on what they should be looking out for in order to best manage their asset.

10-19-2020

Shell Pipeline Co. LP has contracted oilfield services (OFS) provider Danos to provide instrumentation and electrical upgrades to its Houma, La., facility, Danos reported Thursday.

“Because we have a long-standing history with Shell Pipeline, our crews are familiar with the work and with the facility,” remarked Mark Danos, Danos owner, in a written statement emailed to Rigzone. “This allows us to provide a turnkey solution for our valued customer.”

The OFS firm pointed out that ...

9-29-2020

Blackstone (NYSE: BX) has announced that private equity funds managed by Blackstone Energy Partners have closed the sale of their approximately 42 percent stake in Cheniere Energy Partners, L.P. to Brookfield Infrastructure and funds managed by Blackstone Infrastructure Partners.

The deal, which is said to value the approximately 42 percent stake at $7 billion, represents the culmination of Blackstone Energy Partners’ more than years of involvement with Cheniere, according to Blackstone. Back in 2012, Blackstone Energy Partners and ...

9-7-2020

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The Louisiana Chapter of NARO is pleased to announce an upcoming online webniar free to all NARO members! Please make plans to join us Tuesday, September 8th at 10am CDT when Dr. Upton will be presenting on mineral revenues  in Louisiana.

Dr. Greg Upton is Associate Professor-Research at the Center for Energy Studies at Louisiana State University (LSU). Dr. Upton's research interests are related to the analysis of economic, environmental and public ...

8-14-2020

HOUSTON - Williams & Williams, a leader in global live and interactive real estate auctions announced it will auction surplus real estate assets for Halliburton through live and online auction events Oct 7-9. The auctions, which will be held in five US states plus Canada, feature industrial buildings and land. The auctions are offered in conjunction with JLL.

Properties are located in Sandersville, MS; Belfield, ND; Edmonton, AB; and Sonora, Odessa and Brownfield in Texas; Artesia & ...

8-12-2020

Houston — Some 15 months after production began at Sempra Energy's Cameron LNG, the Louisiana export terminal has achieved full commercial operations for the three trains that constitute the first phase of the project, the operator said Aug. 10.

The power provider and midstream energy infrastructure company is determined to be one of the biggest exporters of LNG in North America, with proposals to expand Cameron LNG with two additional trains and build liquefaction facilities in Texas and ...

8-4-2020

Castleton Resources LLC has agreed to acquire the Terryville upstream assets in Northern Louisiana from Range Resources Corp. subsidiaries for $245 million plus the potential for $90 million in additional proceeds contingent on future commodity prices. At the time of the agreement, the assets were producing 160 MMcfed, Range said as part of its second quarter report released Aug. 3. 

Under the terms of the agreement, Range will retain certain midstream commitments through their remaining term. Range said it ...

7-1-2020

Align Midstream Partners II LLC, Dallas, has completed the TOPS pipeline and formed a joint venture in the pipeline with Sabine Oil & Gas Corp., a fully owned subsidiary of Osaka Gas USA Corp. TOPS is a 30-mile, 16-in. OD natural gas gathering pipeline in the Carthage, Tex., area with interconnections to bring Haynesville shale production to downstream markets.

The transaction marks Osaka Gas USA's first US midstream acquisition.

Read Full Article Here >>

6-15-2020

Glenfarne Group LLC has completed acquisition of the planned 8-million tonne/year (tpy) Magnolia LNG liquefaction plant near Lake Charles, La. The transaction includes Magnolia LNG’s patented optimized single mixed refrigeration (OSMR) liquefaction technology.

Magnolia LNG has completed US Federal Energy Regulatory Commission (FERC) permitting. The 115-acre project site has a long-term lease option agreement in place with the Lake Charles harbor and terminal district. Magnolia LNG is permitted to receive natural gas through ...

5-28-2020

Pointe LNG LLC is moving ahead with plans for an LNG export terminal in Plaquemines Parish, La. The company engaged Whitehall & Company as exclusive financial advisor in connection with raising investment capital and securing offtake for the development and construction of a 6 million-tonnes/year (tpy) LNG export terminal project that is expected to require up to $4 billion of capital for development and construction, inclusive of $56 million of development capital.

Development of an LNG project in ...