Louisiana

Train 2 has a projected export capacity of 4 mtpa. Train 3 is expected to reach production in Q2 2020.

ExxonMobil is expanding its Baton Rouge polyolefins plant in a $500 million investment and tapped King Crow Studios, along with 3D Media and Pixel Dash, for the training effort—a sign of an emerging collaboration in Louisiana between tech-driven startups and the industrial sector.

ConocoPhillips has pulled out of the much-hyped Louisiana Austin Chalk play after the company’s test wells yielded a gusher of water. Meanwhile, an Australian operator flying under the radar continues to pursue the adjacent-but-even-more-challenging Tuscaloosa Marine Shale.

Louisiana state granted a tax incentive to LNG Ltd. for its Magnolia project in Lake Charles. Although a beneficial development, it’s a drop in the bucket in the company’s progress toward FID.

After a drop in drilling activity in recent years, the Haynesville shale has become a hot area for natural gas production in the US, and companies are looking to bolster their positions in the area.