I was down in the northern part of San Augustine County and drove by this plant being built. Mercy looks like TGGT is spending major $$. Anybody have a clue what kind of investment is being placed into this substantial facilty?
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I haven't found a $$ figure yet. If you can find a transcript of their 4Q call, there may have been something in it. The Exco website has a page for TGGT: http://www.excoresources.com/midstream.htm
"Additionally, TGG has initiated major midstream expansion efforts in the Shelby Trough area in East Texas. TGG is currently installing the infrastructure and pipeline systems necessary to treat and gather the substantial production volumes expected from this area."
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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