13 February 2026
13 February 2026
The announcement was made with EPA Administrator Lee Zeldin.
Final confirmation of the contract area award remains subject to the execution of a PSA.
The asset, located in the Haynesville Shale basin, produces more than 500mscf/d and includes 200 undeveloped sites.
This episode of the Energy Technology podcast discusses Trump's onshoring and friendshoring strategy to tackle China's mineral dominance.
The contracts include exploration and appraisal drilling, with the start of gas production anticipated by late 2028.
The agreement represents an essential move towards achieving an FID for the project.
During drilling, the well encountered a 127m section of the Skagerrak Formation, including 18m of sandstone, with certain layers indicating hydrocarbons.
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