LOGA Weekly Drilling Report
Become a MemberCheck Out Our Online Videos


Subscribe Subscribe: News
3-12-2020

Sempra LNG, a subsidiary of Sempra Energy, revealed that Cameron LNG's second train of the liquefaction-export infrastructure project in Hackberry, La., has begun commercial operations.

"We are excited that our first liquefaction project is nearing completion and we couldn't be more pleased that Cameron LNG is already contributing to position the U.S. as one of the top LNG-producing countries in the world," said Lisa Glatch, chief operating officer of Sempra LNG and board chair ...

2-20-2020

The increasing divergence between oil prices and spot liquefied natural gas (LNG) prices has created strong incentives for Asian buyers under long-term LNG contracts to seek price adjustment and other forms of LNG contract flexibility such as diversion rights and quantity flex. While the commercial realities of a buyer’s market and low Henry Hub pricing has led to many ‘buyer friendly’ changes to contract terms, force majeure (FM) clauses have remained relatively unchanged and ...

1-27-2020
YCl Methanol One LLC has let a contract to WorleyParsons Ltd. to provide commissioning and startup services for YCI Methanol’s $1.85 billion grassroots methanol plant now under construction on the Mississippi River in St. James Parish, La.

The first phase of the greenfield complex, which will produce 1.7 million tonnes/year of methanol using Air Liquide SA’s proprietary MegaMethanol technology, is scheduled to be fully operational and ready for production in late 2020, Worley said.

Alongside ...

1-24-2020

Enterprise Products Partners LP has started operations at its new Bulldog cryogenic natural gas processing plant in Panola County, Texas. The facility can process 200 million cubic feet per day (MMcf/d) of natural gas and extract up to 12,000 barrels per day (BPD) of natural gas liquids (NGLs).

Combined with Enterprise’s existing Panola cryogenic facility, this new plant gives the company the capacity to process a total of 320 MMcf/d and produce in excess of 18,000 ...

11-20-2019

Twenty-eight natural gas pipeline projects are completed, under construction or pending in Louisiana this year—many of them designed to provide the necessary infrastructure for LNG export facilities in production or planned along the state’s coastline.

According U.S. Energy Information Administration tracking records reviewed by 10/12 Industry Weekly, seven have already been completed this year: the Westlake Expansion Project lateral by Gulf South Pipeline, the Texas-Louisiana Markets Project and the Stratton Ridge expansions by ...

11-11-2019

A few high-profile shale executives say the glory days of shale drilling are over.

In a round of earnings calls, the financial results were mixed. A few companies beat earnings estimates, while others fell dramatically short.

But aside from the individual performances, there were some more newsworthy comments from executives on the state of the industry. A common theme emerged from several notable shale executives: the growth frenzy is coming to an end.

Click HERE
11-11-2019

In keeping with its record of bringing online liquefaction capacity ahead of time and on budget, Cheniere Energy Inc. said the third production unit at the Corpus Christi liquefied natural gas (LNG) facility in South Texas is expected to achieve substantial completion in the first half of 2021, several months earlier than its original target.

Click HERE to read more ...

11-11-2019

The top executive leading the largest liquefied natural gas project planned in Louisiana shared her vision for the $30 billion Driftwood LNG export terminal during the Louisiana International Trade week in Baton Rouge hosted by The World Trade Center of New Orleans. 

Meg Gentle, the CEO of Houston-based Tellurian Inc., described how Louisiana and her company fits into the global LNG export market. 

Click HERE to read more ...
10-31-2019

ExxonMobil Pipeline in January will take over operations of the US Strategic Petroleum Reserve's 2-million-barrel capacity St. James, Louisiana, terminal that can distribute government-owned crude to Gulf Coast and Midwest refiners.

The Department of Energy said Monday that ExxonMobil signed a 20-year lease to operate the St. James marine terminal and 36-inch-diameter Redstick pipeline that connects to the Bayou Choctaw SPR facility. The lease will end Shell's 22-year operational control of the facilities.

St. James ...

10-31-2019

The U.S. oil and gas rig count fell off a cliff last week shedding 21 active rigs (down 17 oil rigs, 4 gas rigs) punctuating a steady year-long decline. Since January, oil rig counts are down 20.6% (-181) while gas lost 33.7% (-65).

The reason for these losses is simple to understand: tremendous production gains year over year have served to outpace demand, which in turn suppresses per barrel prices, which of course, prompts producers to slow the pace ...