Haynesville shale to play bigger role as Gulf Coast LNG exports surge 

Louisiana’s Haynesville shale is the biggest near-term growth opportunity for Williams, a midstream natural gas company, due to demand for supplies to serve the surging U.S. Gulf Coast LNG exports, according to S&P Global.

Williams, the operator of the Transcontinental Gas Pipe Line wants to leverage itself to best take advantage of the evolving LNG market dynamics, and Louisiana’s shale play is a part of its plan. Besides Louisiana, Williams’ West segment also includes assets in Texas, Colorado, Kansas, Oklahoma, Utah and Wyoming.

U.S. LNG feed gas deliveries have persisted at seasonally high levels, averaging volumes so far in May that imply LNG terminal utilizations of around 94%, according to S&P Global Platts Analytics data. Producers in the Haynesville have consequently increased activity, boosting opportunities for pipeline, gathering, processing and storage companies. Read the full story.  

This story was featured in 10/12 Industry Report. Subscribe to the free 10/12 Weekly e-newsletter to keep up with south Louisiana industry news.