Updated Aug 22, 2024
8/22/24
Multi-basin independent Gulfport Energy Corp., whose Lower 48 portfolio is 92% weighted to natural gas, is holding production flat to wait for stronger prices into 2025.
The Rio Grande and Texas LNG projects are potentially facing lengthy delays after a federal appeals court on Tuesday vacated their FERC authorizations, effectively leaving them without a key approval to move ahead with construction and operation.
Freeport LNG Development LP’s export facility on the upper Texas coast was still offline on Wednesday, four days after it was shut down ahead of former Hurricane Beryl as the region continued to grapple with the effects of the storm.