Three Energy Hot Spots For The United States Worth Watching In 2014: GOM Oil; Alaska LNG; US Exporting LNG

Rigzone is reporting:

• Gulf of Mexico, oil
• Alaska converting its gas into LNG
• America exports LGN

Gulf of Mexico Oil

"This area has totally rebounded from the Macondo disaster and companies are marching full speed ahead," commented Ernst & Young Strategic Analyst for Oil & Gas Foster Mellen to Rigzone. "The GOM will always be an important play due to the sheer volume of resources that it holds." Several fields are slated to come online in the near future further increasing production levels to new heights in 2014 with an average output of 1.45 million barrels per day expected by this time next year.

Alaska converting its gas into LNG

ExxonMobil Corp., ConocoPhillips, BP and TransCanada Corp. have joined forces to commercialize the North Slope gas. This project, Alaska LNG, has aligned a structure and transparent approach with the aim to commercialize North Slope's natural gas.

"Alaska is getting very busy and is quite an exciting area right now, so much so that we are looking into opening an office in that area next year," Dane Groeneveld, regional director of North America at NES Global Talent, told Rigzone. "This area will be in need of manpower as the project comes further along." "From a conventional oil perspective, Alaska is in a terminal decline," added Mellen. "However, Alaska has a lot of gas and this project is worthwhile. It makes a lot of economic sense to export it."

America exports LNG

Cheniere Energy Inc.'s Sabine Pass LNG project, the first liquefied natural gas project in North America given the OK to export, is slated to begin producing in late 2015. The project is on schedule with its first two processing units, the company announced in May 2013. Cheniere also made a final investment decision for the development and construction of Trains 3 and 4 of the Sabine Pass Liquefaction project. 

Much more at the linked article, four internet pages long.