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NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.

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X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.

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Industry News

Application Filed at FERC to Build Bobcat Gas Storage Field

LCG, February 17, 2006--Bobcat Gas Storage (Bobcat) announced yesterday that it has filed an application with the Federal Energy Regulatory Commission (FERC) for approval to build and operate a new, high deliverability storage project located in St. Landry Parish, Louisiana. The storage field is sited near Henry Hub and is planned to have connections to five interstate pipelines serving natural gas markets through the eastern United States.

The proposed storage facility would include two salt caverns with a total working gas capacity of 12 Bcf, injection capacity of 900 MMcf/day, and a maximum withdrawal rate of 1,200 MMcf/day. Approvals have been obtained from the state of Louisiana for three brine disposal wells, three cavern wells, two fresh water wells, and 37,880 horsepower electric compressor station, and well drilling is now underway. The initial phase of the project includes pipeline interconnections with Cypress and TETCO.

An open season for the project is planned for next month. The project schedule calls for FERC authorizations by July 15, 2006, with operations commencing in the winter of 2007.

Bobcat Gas Storage is being developed by Port Barre Investments, LLC and its financial sponsor Haddington Energy Partners III LP (HEP), a private equity fund.

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