American Oil and Gas Reporter - July 2017 - 24

IndustryDigest
February voting to divest
approximately $3 billion from Wells
Fargo, citing concerns over the bank's
support of the Dakota Access Pipeline.
r

Delfin, Golar LNG Partner
On Floating LNG Project

LONDON-Delfin Midstream and
Golar LNG Ltd. say they have signed a
joint development agreement to develop
the Delfin LNG project off the coast of
Cameron Parish, La., using Golar's
floating liquefied natural gas
technology (FLNG).
According to the companies, Delfin
LNG is the first and only permitted
floating LNG export project in the
United States. Delfin LNG is a
brownfield deepwater port requiring
minimal additional infrastructure
investment to support as many as four
FLNG vessels producing as much as 13
million tons of LNG a year.
Delfin says it purchased the UTOS
pipeline, the largest natural gas pipeline
in the Gulf of Mexico, in 2014, and
submitted its deepwater port license
application in 2015. The company adds
it received a positive record of decision
on March 13. On June 1, the
Department of Energy approved

Delfin's application for long-term LNG
exports to countries that don't have a
free trade agreement with the United
States.
Golar has designed, financed,
contracted and built its first FLNG
vessel, the FLNG Hilli Episeyo, which
it says is scheduled to be completed in
the third quarter.
The final investment decision on the
Delfin project will take place in 2018,
with first LNG scheduled for delivery in
2021-22, the company says.
"Golar's proven execution model
will allow Delfin to deliver the lowestcost liquefaction solution in the North
American market, with a construction
time of less than three years," says
Oscar Spieler, Golar's chief executive.
r

Gas Storage Levels
Increase By 372 Bcf

WASHINGTON-Underground
natural gas storage in the United States
stood at 2.816 trillion cubic feet on June
23, 6.9 percent above the five year
average, according to the U.S. Energy
Information Administration. That was
up 372 billion cubic feet from the 2.444
Tcf in storage on May 19, which was

10.9 percent above the five-year
average. The June 23 storage number
was 317 Bcf less than a year ago, when
gas storage stood at 3.133 Tcf.
According to EIA, gas storage in the
East Region was 536 Bcf on June 23,
8.2 percent below the five-year average,
but 146 Bcf more than on May 19,
when storage stood at 390 Bcf, which
was 13.5 percent below the five-year
average. East Region gas storage on
June 23 was 93 Bcf less than it was a
year ago.
Gas storage in the Midwest Region
stood at 676 Bcf on June 23, 11.7
percent above the five-year average and
114 Bcf more than the 562 Bcf in
storage on May 19, which was 20.1
percent above the five year average.
June 23 gas storage in the Midwest
Region was 63 Bcf less than a year ago.
In the Mountain Region, EIA says,
gas storage was 184 Bcf on June 23,
17.8 percent above the five-year
average and 18 Bcf more than the 166
Bcf stored on May 19, which was 25.8
percent above the five year average.
Gas storage in the Mountain Region
was 13 Bcf less than a year ago.
Gas storage in the Pacific Region
was 280 Bcf on June 23, 10.3 percent
below the five-year average and 30 Bcf
more than the 250 Bcf stored on May
19, which was 8.4 percent below the
five-year average. Pacific Region gas
storage on June 23 was down 35 Bcf
from a year ago.
In the South-Central Region, gas
storage levels on June 23 were 1.140
Tcf, 16.4 percent above the five-year
average and up 64 Bcf from the 1.076
Tcf in storage on May 19, which was
22.4 percent above the five-year
average. The June 23 gas storage level
for the South-Central Region was down
113 Bcf from a year ago. r

Coming In August

Arkansas educators listen to a description of flowback equipment as part of the teacher
energy education workshop, Arkansas Energy Rocks! The program, held June 5-7, is
sponsored by the Arkansas Independent Producers & Royalty Owners Association and
Arkansas Petroleum Council. In addition to hands-on activities and field tours of an
SWN drilling rig and the Welspun Tubular manufacturing site, the 19 teachers attending
the three-day event heard presentations from oil and gas company representatives,
state agencies, elected officials and nonprofit organizations.

24 THE AMERICAN OIL & GAS REPORTER

AOGR presents production automation best practices and best-fit
technologies to manage, monitor and
diagnose the performance of multiwell pad sites and production facilities in horizontal resource plays.
Guest authors also look at the latest
advances in water treating and recycling, and winning strategies for improving water handling logistics.



American Oil and Gas Reporter - July 2017

Table of Contents for the Digital Edition of American Oil and Gas Reporter - July 2017

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