Locator: 52105B.
Clearing off the desktop:
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Back to the Bakken
WTI: $90.94
New wells reporting:
- Sunday, November 8, 2026: 28 for the month, 94 for the quarter, 593 for the year,
- 42460, conf, Phoenix Operating, Haefele 34-35-36 3HF,
- 42274, conf, Phoenix Operating, Haefele 34-35-36 5HF,
- 42273, conf, Phoenix Operating, Haefele 34-35-36 4HF,
- 42272, conf, Phoenix Operating, Haefele 34-35-36 2HF,
- 42271, conf, Phoenix Operating, Haefele 34-35-36 1H,
- 42073, conf, Hess, BW-JLP-149-101-2321H-4,
- Saturday, November 7, 2026: 22 for the month, 88 for the quarter, 587 for the year,
- 42443, conf, Phoenix Operating, Adrian 27-26-25 6HF-LL
- 42279, conf, Phoenix Operating, Adrian 27-26-25 5HF,
- 42278, conf, Phoenix Operating, Adrian 27-26-25 4HF,
- 42277, conf, Phoenix Operating, Adrian 27-26-25 3HF,
- 42276, conf, Phoenix Operating, Adrian 27-26-25 2HF,
- 42275, conf, Phoenix Operating, Adrian 27-26-25 1HF-LL
- 42171, conf, Devon Energy, Trans Am 3-2-1 3H,
- 42156, conf, Devon Energy, Trans Am 3-2-1 4H,
- 42155, conf, Devon Energy, Trans Am 3-2-1 2H,
- 42146, conf, Enerplus, MHA Stickleback 4893 31-14 6B,
- 42145, conf, Enerplus, MHA Rainbow 4893 31-14 5B,
- 42144, conf, Enerplus, MHA Paddlefish 4893 31-14 4T,
- 42143, conf, Enerplus, MHA Perch 4893 31-14 3B,
- 42072, conf, Hess, BW-JLP-149-101-2321H-3,
- 41954, conf, Enerplus, MHA Sunflowers 4893 31-14 7B,
- 41953, conf, Enerplus, MHA Alfalfa 4893 31-14 6B,
- 42952, conf, Enerplus, MHA Tomatillo 4893 31-14 5B,
- 41950, conf, Enerplus, MHA Eggplant 4893 31-14 3B,
- Friday, November 6, 2026: 4 for the month, 70 for the quarter, 569 for the year,
- None.
RBN Energy: as brownfield options for gas storage run out, greenfield ones will come to the fore. Link here. Archived.
The Gulf Coast will require vast amounts of incremental natural gas storage space over the next few years. Brownfield expansions to existing salt cavern facilities appear to have an economic edge, but there are only so many potential projects like that. As brownfield opportunities run out, LNG export terminals and others that need more storage will likely turn to the best greenfield projects being planned.
In today’s RBN blog, we continue our series on Gulf Coast gas storage with a look at a couple more brownfield projects and a few greenfield sites too.
This is Part 4 in the series. In Part 1, we said that after a long period of storage-capacity surplus and relatively low storage prices, the Gulf Coast market is now in the midst of a massive buildout expected to continue into the early 2030s. The growth is driven primarily by the storage needs of new and expanding LNG export facilities. In Part 2, we discussed the sharply higher gas storage rates that LNG terminal operators in particular are now willing to pay for Firm Storage Services (FSS) and looked at how much new gas storage is likely to be built along the Gulf Coast over the next few years. We also said that for economic and other reasons most of the near-term storage projects will be brownfield expansions to existing salt cavern facilities.
In Part 3, we began a review of the Gulf Coast storage projects currently under development, beginning with brownfield expansions at existing salt cavern facilities owned by Enbridge, Caliche Storage and Enstor. T
oday, we continue that review with a look at three more brownfield salt cavern projects (Williams/Pine Prairie, ONEOK/JISH and New Jersey Resources/Leaf River) and two of a half-dozen greenfield projects of that same type (NeuVentus’s TRU Hub and Texas Brine’s White Castle). In an upcoming blog, we’ll discuss other planned greenfield projects, including a few depleted-reservoir proposals.
Before we start, a reminder that brownfield projects typically have an economic advantage because much of their required infrastructure (compressors, brine management systems, pipeline interconnections, etc.) is already in place. Greenfield salt cavern projects may have an edge because, for example, they may be located in tried-and-true salt formations and/or well-sited to serve LNG terminals and tie into multiple gas pipelines. (And, as we’ll get to, scale can help too — so can the project-finance record of the project’s equity sponsor.)
Williams Cos.
Williams Cos., which owns six gas storage facilities across Louisiana and Mississippi — some salt cavern and some depleted reservoir — with a combined capacity of about 200 Bcf, announced plans in February 2025 to add another 10.8 Bcf of working gas capacity at its 50-Bcf Pine Prairie salt cavern storage facility in Evangeline Parish, LA. The one-cavern expansion also will add 300 MMcf/d of injection capacity and 500 MMcf/d of withdrawal capacity, bringing Pine Prairie’s total injection and withdrawal capacities to 2.7 Bcf/d and 3 Bcf/d, respectively.
Williams secured Federal Energy Regulatory Commission (FERC) approval for the project in May. Construction began in Q3 2026, with commercial operation to follow in Q4 2028.
