Taylor Mark’s Post

This should be interesting. 

🤠 TotalEnergies accelerates Natural Gas expansion in Texas! 🇺🇸 TotalEnergies is expanding its natural gas production in the United States by acquiring a 20% % interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford basin, enhancing its position in the U.S. LNG value chain. 🚀 Through this acquisition, TotalEnergies aims to increase its net U.S. natural gas production by 50 million cubic feet per day (Mcf/d) in 2024, potentially rising to an additional 50 Mcf/d by 2028. 💬 Nicolas Terraz, President of Exploration & Production at TotalEnergies, emphasized the importance of this acquisition, stating, "This strengthens our production of natural gas in the United States, contributing to reinforce TotalEnergies' LNG integration with a low cost and low emission upstream gas feed.” 📈 TotalEnergies, already the top U.S. LNG exporter in 2023 at over 10 million tons (Mt), anticipates expanding its export capacity to 15 Mt/y by 2030 through projects like Rio Grande LNG in Texas, supported by our stake in the Cameron LNG plant and long-term contracts. 🌟As the world’s third largest LNG player, TotalEnergies is committed to increasing the share of natural gas in our sales mix to close to 50% by 2030. We are dedicated to reducing carbon emissions and eliminating methane emissions associated with the gas value chain, while also promoting the transition from coal to natural gas in partnership with local communities. 🔗 To learn more about our natural gas expansion in the United States, check out the full press release here: https://lnkd.in/eaJRnCmx #LNG #NaturalGasExpansion #TexasGasProduction

This will be a game changer. Just like the new BC polls , showing that we will likely be rid of the anti-oil and gas EBay NDP government in this falls BC election. Having a BC government that works with industry instead of stopping it will be an even more important aspect of BC's Natural Gas and LNG plant developements. Falcons Liberals fired the Conservative Rustad due to Rustad not buying in to Falcons climate obsessed, anti fossil fuels aganda. It looks as though BC taxpayers like Rustad more than both Ebay and Falcon. There very positive future for Northern BC.

🇬🇾 🚨 Fulcrum LNG Leads with High-Stakes Partnerships Fulcrum LNG, Inc.'s upcoming natural gas project in Guyana, valued at $10-$15 billion, includes U.S. partners Baker Hughes and McDermott International, Ltd. Led by former ExxonMobil executive Jesus Bronchalo, this project aims to develop Guyana's extensive offshore gas reserves with financing support from multiple U.S. entities, including the U.S. Export-Import Bank. The South American country is estimated to have some 16 trillion cubic feet of gas off its coast, according to the U.S. Energy Information Administration. ➡️ https://lnkd.in/gFiaPbCw #LNG #FLNG #FulcrumLNG #ExxonMobil #BakerHughes #McDermott #EPC #Exim

🇺🇸 🛠 Golden Pass LNG construction could return to normal speed after settlement Work to complete QatarEnergy and ExxonMobil's $11 billion liquefied natural gas project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development, according to court documents. A settlement with Zachry for the company to step aside is expected to put an end to the standoff that delayed the project. First LNG output from the 15 million metric ton per annum (MTPA) project is now expected in 2025, rather than the end of this year as originally planned. Source ➡️ https://lnkd.in/g_k27eya #LNG #USLNG #EPC #GoldenPassLNG #ExxonMobil #QatarEnergy

LNG Energy Group Reports Financial and Operating Results for the Year Ended December 31, 2023 Highlights: •During 2023, LNG Energy Group completed the acquisition of Lewis Energy Colombia. Acquired assets provide significant operated natural gas and condensate production, and additional undeveloped exploration and development acreage. •Locked-in weighted average natural gas sales price of $7.50/Mcf for the Corporation’s firm take-or-pay contract volumes of 18.1 MMcf/d in Colombia. •Increased before-tax NPV10 for Proved plus Probable (2P) reserves of Colombian assets by 26% to $306 million or C$2.67 per share. •4th Quarter operating netbacks of $4.44/Mcf natural gas and $64.75/bbl condensate ($27.36/boe). •Repayment of $8.9 million in senior bank indebtedness to date. •Conditionally awarded two Productive Participation Contracts (“CPPs”) to develop and produce hydrocarbons in Venezuela. Check it out: https://lnkd.in/ekHFznEA If you have questions, please reach out at investor.relations@lngenergygroup.com TSXV: LNGE OTCQB: LNGNF #LNGEnergy  #Latinoamérica  #Canada  #LNG  #TSXV  #TSXVenture  #Colombia  #gasnatural #naturalgasindustry

#TeamSPB has advised Tamboran Resources Corporation, a public natural gas company, on its first long-term gas sales agreement to supply the Northern Territory Government 40 TJ per day. This constitutes around two-thirds of the Territory’s current gas requirements from the proposed Shenandoah South Pilot Project. "This is a hugely significant deal that secures the first revenue stream to enable Tamboran to continue to invest in future development of its shale gas assets in the Beetaloo Basin, supply gas to the East Coast gas markets and, potentially LNG for export, while supporting energy security in the Northern Territory." Tatiana Gotvig, Energy and Natural Resources partner, Sydney. Click here to read more ➡️ https://ow.ly/Jvga50Rn28L #TamboranResources | #NaturalGas | #EnergyAgreement

AEW 2024 Launches Upstream O&G Forum Amid African LNG Market Expansion Africa’s upstream #oil and #gas sector is attracting substantial investments, with an $800-billion capital expenditure program focusing on #LNG alongside traditional deep-water oil projects currently underway. This investment cycle is expected to boost Africa’s #LNG production capacity at a time when global gas demand is on the rise. Responding to this environment, African Energy Week (#AEW) 2024 will host a two-day Upstream Exploration & Production (E&P) Forum spotlighting Africa’s LNG prospects. The forum will feature a series of strategic sessions and presentations, highlighting major LNG and floating LNG (FLNG) developments and investment opportunities shaping the sector. Read more here: https://lnkd.in/eYW8V6zv

LNG Energy Group Announces Signing of Hydrocarbon Productive Participation Contracts in Venezuela Highlights: •LNG Energy Group has been conditionally awarded two Productive Participation Contracts (“CPPs”) to develop and produce hydrocarbons in Venezuela. • The contracts cover five onshore fields that are currently producing approximately 3,000 bbl/d of oil. • The Blocks have existing production and transportation infrastructure in place. Check out the press release in the link below: https://lnkd.in/ejtsHWcF If you have questions, please reach out at investor.relations@lngenergygroup.com TSXV: LNGE OTCQB: LNGNF #LNGEnergy  #Latinoamérica  #Canada  #ESG  #LNG  #TSXV  #TSXVenture  #Colombia  #gasnatural #naturalgasindustry

Europa Oil & Gas Plc (Holdings) (AIM:EOG) chief executive William Holland speaks to Thomas Warner from Proactive after the exploration and production company announced the acquisition of a 42.9% interest in Antler Global, which in turn owns an 80% stake in the EG-08 gas asset offshore Equatorial Guinea. Holland says that the venture, strategically chosen for its geological and geographical familiarity, along with strong in-country connections, represents a compelling value with a high risk-reward balance. Adjacent to a Chevron-operated #gas field, the asset includes three gas prospects totalling 1.4 trillion cubic feet (TCF) and Holland suggests they each offer a 60-70% chance of exploration success. #AIM #EOG Watch at #Proactive #ProactiveInvestors https://lnkd.in/eQpYkWVa