Arbo

Thanks to Hart Energy for inviting us; Arbonauts are looking forward to a little roadtrip.

Stakeholders need insight into broad thematic developments AND specifically relevant litigation to inform strategic decisions about project development. Litigation complexity makes project planning extremely challenging by injecting seemingly endless variables into the process, increasing uncertainty. These developments take resources to monitor and detailed expertise to interpet, which is why many #pipeline companies and #commoditiestrading teams rely on Arbo. Thanks to The Energy Council, who invited our Founder & CEO, Chip Moldenhauer, to lead a discussion of these regulatory and policy issues at a recent event in Houston.

We are closely watching the status of the Ridgeline Expansion project, which is the largest #natgas #pipeline project application submitted at #FERC since the beginning of 2021 and the only project to undergo a full environmental impact statement since Chairman Phillips took over.

#FERC may need to consider altering its longstanding approach of relying primarily on precedent agreements to show market need after the DC Circuit found flaws in its market need analysis for Transco’s REA project. About 3/4 of the project’s capacity was subscribed to by 6 different local distribution companies and the rest by 2 gas marketers. This #pipeline project was heavily opposed and many of the official protests cited lack of market need. It is no secret that not all projects are opposed equally... But examining the 3 projects approved at the last Open Meeting reveals FERC’s market need analysis must vary in response to the unique characteristics of each project, region, shipper type, and subscription level — as seen in the chart below. All these projects are relatively small, received little opposition, and are located in states that have not historically been hostile to #naturalgas. We will be following closely to see if FERC enacts any broad policies related to market need considerations, or if it will continue making determinations on a case-by-case basis.

Thomas L. Sharp will join a panel discussion on the need for additional Appalachian #natgas egress — and how federal and state #regulatory policy will impact future #pipeline projects.

First votes are in: #FERC Commissioners See & Chang join unanimous approval of 3 #naturalgas pipeline projects, signaling potential end to recent regulatory gridlock. BUT: Watch for state climate laws to reshape the playing field for Certificates.

A lawsuit filed by enviros concerned about the impact of O&G extraction on the GOM's protected marine life led the U.S. District Court for the District of Maryland to vacate the National Marine Fisheries Service's (NMFS) 2020 programmatic Biological Opinion on #GulfofMexico #oilandgas activities. The court originally set a deadline of December 20, 2024 for a new BioOp, which NMFS very compellingly demonstrated it could not meet. ❗ The court responded with a 5-month extension. ⏳

Yesterday at #NorthAm24, Dick Stoneburner, Chairman of Tamboran Resources Corporation, addressed our audience with a keynote on the Beetaloo Basin, highlighting how we can leverage US shale expertise and technology to deliver the next wave of LNG developments in Australia.   Up next, our Policy & Regulation panel discussed what the sector should be looking out for when it comes to changing regulations, debating how much a new administration could change the risk equation. A big thank you to our speakers for sharing their expertise on navigating these changes with effective risk management strategies: David Hartz, Head of US Land, Regulatory & Government Affairs, Equinor Logan Burt, Managing Director, Morgan Stanley Ivan Sandrea, Co-Founder & CEO, Westlawn Americas Offshore (WAO) Chip Moldenhauer, Founder & CEO, Arbo (moderator)

Yesterday at #NorthAm24, Dick Stoneburner, Chairman of Tamboran Resources Corporation, addressed our audience with a keynote on the Beetaloo Basin, highlighting how we can leverage US shale expertise and technology to deliver the next wave of LNG developments in Australia.   Up next, our Policy & Regulation panel discussed what the sector should be looking out for when it comes to changing regulations, debating how much a new administration could change the risk equation. A big thank you to our speakers for sharing their expertise on navigating these changes with effective risk management strategies: David Hartz, Head of US Land, Regulatory & Government Affairs, Equinor Logan Burt, Managing Director, Morgan Stanley Ivan Sandrea, Co-Founder & CEO, Westlawn Americas Offshore (WAO) Chip Moldenhauer, Founder & CEO, Arbo (moderator)

Thx to The Energy Council for organizing a day of interesting panel discussions. Arbo's Chip Moldenhauer led thought leaders from Morgan Stanley Energy Partners, Equinor, and Westlawn in a discussion of regulatory and policy threats to the industry's rights to operate. If we’re going to power up this country with a more reliable and cleaner energy grid, then we need to get back to building... which has been made increasingly difficult by permitting, policy and litigation landmines.