Tellurian Completes First-Ever LNG Cargo Trade in 3Q - GoHaynesvilleShale.com2024-03-29T08:33:21Zhttps://gohaynesvilleshale.com/forum/topics/tellurian-completes-first-ever-lng-cargo-trade-in-3q?feed=yes&xn_auth=noTellurian is in danger of los…tag:gohaynesvilleshale.com,2020-11-11:2117179:Comment:39459262020-11-11T18:24:27.861ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Tellurian is in danger of losing their rights to Section 6 as the company has reported only 61 mcf of production since last October. They are within a month or so of a year with zero production. They may apply for spacing of 9 wells but it is highly unlikely that they would drilled more than one or two. I would like to see them drill one Haynesville and one Bossier well for an additional Bossier data point.</p>
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<p>Tellurian is in danger of losing their rights to Section 6 as the company has reported only 61 mcf of production since last October. They are within a month or so of a year with zero production. They may apply for spacing of 9 wells but it is highly unlikely that they would drilled more than one or two. I would like to see them drill one Haynesville and one Bossier well for an additional Bossier data point.</p>
<p></p> The other day I got a unioniz…tag:gohaynesvilleshale.com,2020-11-11:2117179:Comment:39459722020-11-11T18:04:49.990ZOLDDOG2020https://gohaynesvilleshale.com/profile/WadeBritt
<p>The other day I got a unionization notice for 9 planned Tellurian wells in S6 T11n R10w</p>
<p>The other day I got a unionization notice for 9 planned Tellurian wells in S6 T11n R10w</p> Two US LNG terminals advance…tag:gohaynesvilleshale.com,2020-11-11:2117179:Comment:39458052020-11-11T14:47:05.128ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p><strong>Two US LNG terminals advance work as yet-to-be sanctioned projects struggle</strong></p>
<p>10 Nov 2020 | 22:28 UTC spglobal.com</p>
<p>Highlights</p>
<p>Calcasieu Pass, Golden Pass startup expected on time</p>
<p>Global market challenges remain amid supply overhang</p>
<p>Houston — The two US LNG export terminals currently under construction said Nov. 10 that they remain on target to start up on time, despite global market volatility, an unusually active hurricane season and ongoing…</p>
<p><strong>Two US LNG terminals advance work as yet-to-be sanctioned projects struggle</strong></p>
<p>10 Nov 2020 | 22:28 UTC spglobal.com</p>
<p>Highlights</p>
<p>Calcasieu Pass, Golden Pass startup expected on time</p>
<p>Global market challenges remain amid supply overhang</p>
<p>Houston — The two US LNG export terminals currently under construction said Nov. 10 that they remain on target to start up on time, despite global market volatility, an unusually active hurricane season and ongoing impacts form the coronavirus pandemic.</p>
<p>The updates from Venture Global LNG's Calcasieu Pass in Louisiana and Qatar Petroleum- and ExxonMobil-backed Golden Pass LNG in Texas come as developers of new projects on the Gulf, Atlantic and Pacific coasts that have yet to be sanctioned continue to struggle to build commercial support.</p>
<p>The 10 million mt/year Calcasieu Pass and up to 18 million mt/year Golden Pass facilities are part of the second wave of US liquefaction capacity, slated to begin service by the middle of the decade. They will add to the six major facilities currently in operation. Another dozen or so projects that are actively being developed have yet to make final investment decisions. Many have delayed those decisions.</p>
<p>Golden Pass has been on a "full sprint" since beginning construction in 2019, Jeff Hammad, chief commercial officer, said during an LDC Gas Forums event in San Antonio that was webcast.</p>
<p>"You're going to start seeing a lot more steel and concrete," Hammad said. "And in spite of the collapse of the global energy market, a pandemic, and two hurricanes, we remain on track to have Train 1 operational in 2024."</p>
<p>At Calcasieu Pass, Venture Global recently received the first two of 18 pre-fabricated modular liquefaction trains and mixed refrigerant compressor skids from a Baker Hughes factory in Italy, according to a company statement.</p>
<p>Both units have already been positioned onto their foundations. Next, they will be connected to their respective heat exchangers, or cold boxes. Calcasieu Pass is scheduled to begin service in 2022.</p>
<p>As the coronavirus pandemic upended gas markets, many developers of new projects were forced to push back their targets for making final investment decisions until 2021 or later.</p>
<p><strong>Analysts see lower-cost expansions of existing LNG export facilities as likelier to advance than new terminals.</strong></p>
<p>Even on the Gulf Coast, where most of the US LNG export infrastructure is concentrated, project developers face greater risk than they used to, analysts say.</p>
<p>Recently some developers have expressed greater optimism about an improved environment for negotiating supply deals amid a strong rebound in natural gas demand.</p>
<p>Feedgas deliveries to the six US LNG export terminals in operation have soared to more than 10 Bcf/d from the summer doldrums, when cargo cancellations were widespread.</p>
<p>The ramp-up of US LNG exports is expected to continue in the coming months. But significant uncertainty remains about the export dynamics after the peak winter heating season, and rising coronavirus infection rates threaten to hamper commercial and industrial demand.</p>
<p>"Growth into 2021 will continue, but it's tied to COVID. The recent lockdown in Europe, etc., could impact the forecast for 2021 and beyond," BP Energy President and CEO Orlando Alvarez said at the LDC conference. "Until we get through COVID, there is still that range of uncertainty that we still need to really watch and consider and respect."</p>