Cheniere sees summer application for Corpus plant

Mb50's "Liquid Mud" Rant

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NEW ORLEANS, March 27 | Tue Mar 27, 2012 3:56pm EDT

(Reuters) – Cheniere Energy Inc plans to file a formal application in July or August to build a second liquefied natural gas export plant on the U.S. Gulf Coast, the company’s chief executive officer told investors on Tuesday.

The Houston-based LNG developer said in December it plans to build the export plant at Corpus Christi in Texas, originally the site for a planned import terminal, but it will need to file for approval first.

“We expect it to be some time in July or August,” Charif Souki, Cheniere’s CEO, said at the Howard Weil energy conference.

The plant, which would have the capacity to export 1.8 billion cubic feet of gas per day, could be online by 2017, assuming permits are granted by mid-2013, the filing said.

Cheniere has signed long-term supply agreements with…

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USA: McMoRan Reports Flare from Davy Jones

Mb50's "Liquid Mud" Rant

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McMoRan Exploration Co. announced yesterday continuing progress to flow test the Davy Jones No. 1 well on South Marsh Island Block 230. As previously reported, McMoRan saw positive pressure response from the Wilcox “D” sand which was perforated on March 24, 2012.

On March 26, 2012, McMoRan attempted to perforate the Wilcox “C” sand. As the perforating gun was being removed from the hole, the well began to flow. When the gun was brought to the surface, it was determined that the gun did not fire in the Wilcox “C” sand from what appears to be a simple disconnection of the detonator cord. McMoRan plans to use a new perforating gun to complete the testing of the Wilcox “C” sand.

Currently, the test is ongoing from only the Wilcox “D” sand, which resulted in the flare. The flow from the “D” sand is being affected by considerable debris in the…

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USA: ECO Shipyard Christens New Icebreaker Built for Shell

Mb50's "Liquid Mud" Rant

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Edison Chouest Offshore (ECO) Shipyard in Larose, Louisiana on March 24th 2012 held christening ceremony for Shell’s new 360 foot long icebreaker “Aiviq”. This new Arctic ice class anchor handler under construction for Shell is the largest and most advanced ship ever designed and constructed by ECO.

M/V Aiviq, the newest vessel being built by Edison Chouest Offshore, will be one of the most advanced and powerful U.S. non-military, ice breakers on the water. The vessel is being built to Polar Code 3 and measures 360′ long, 80′ wide, with a 29′ draft. Its primary mission will be to support offshore development in the Arctic. This vessel is the very first of its class to be built in the United States.

The vessel was ordered in July 2009 and is scheduled for delivery in April 2012. It is being built to American Bureau of Shipping A3 class—capable…

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