Louisiana Mid-Continent Oil and Gas Association

News

Cheniere’s Sabine Pass terminal nearing finish line

  • Member News
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Along a remote stretch of Louisiana coastline, roseate spoonbills and snowy egrets share the skyline with more than 120 construction cranes.

Every day, 67 buses parade down a two-lane asphalt highway bordered by thickets of river cane and the Sabine River channel.

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Hess to tap into deep Gulf of Mexico waters

  • Member News
  • Source

Upstream-focused energy company Hess Corp. said it launched development plans for its deepwater Stampede project in the Gulf of Mexico.

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Chevron Sanctions Stampede Project in the Deepwater U.S. Gulf of Mexico

  • Member News
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Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico. Stampede is a deepwater subsea development, which will be tied-back to a newly constructed Tension Leg Platform.

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Letter: Master Plan, not new tax, best thing for oil and gas

  • LMOGA in the News
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The Oct. 7 odd-couple column co-authored by Quin Hillyer and John Barry promoting a multibillion dollar processing tax on the state’s oil and gas industry under the guise of a “Coastal Wetlands Environmental Levy” proves the adage, “Those who cannot remember the past are condemned to repeat it.” Variations on a new tax on the movement of oil and natural gas in Louisiana have been around for decades. However, a processing tax has not been imposed for one important reason: It is a profoundly bad idea.

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Report: Energy-producing states fared better after recession

  • Industry News
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Energy-producing states have been able to bounce back faster and more successfully from the 2009 recession than states that import a majority of their energy, according to new research from a group aligned with Republicans.

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