Tellurian gets FERC permission to build Driftwood Line 200-300 system
April 24, 2023
Tellurian Inc. received US Federal Energy Regulatory Commission authorization for Driftwood Pipeline LLC’s Line 200 and Line 300 projects in Beauregard and Calcasieu Parishes, La. The 37-mile, dual 42-in. OD natural gas pipelines’ combined capacity will be more than 5.5 bcfd.
The $1.4-billion gas transmission project will be virtually emissions free, according to Tellurian, due to use of electric-powered integrated compressor line technology from Baker Hughes Co. (OGJ Online, July 1, 2022).
Tellurian earlier this month agreed to sell about 800 acres on which it is building part of its 27.6-million tonne/year Driftwood LNG plant, signing a letter of intent with an unnamed New York-based firm to have the investor buy the land in Lake Charles, La., for $1 billion and then lease it back to Houston-based Tellurian for 40 years (OGJ Online, Apr. 6, 2023). Bechtel Energy Inc. began construction of Driftwood Phase 1 on the site in fourth-quarter 2022.
Tellurian produced 225 MMcfd of gas in fourth-quarter 2022, up from 55 MMcfd a year earlier, putting 13 Haynesville shale wells in production that quarter. The company’s total proved reserves at end-2022 were 445 bcf, a year-on-year increase of more than 100 bcf.
Christopher brings 27 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 15 of them in midstream and transportation sectors.