A tsunami of natural gas storage projects has been building along the Gulf Coast, most of them aimed at meeting the growing demand for flexible, responsive storage capacity near new LNG export terminals and gas-fired power plants. And the magnitude of that wave keeps growing. In today’s RBN blog, we’ll begin a new mini-series in which we update the storage projects we discussed in a number of posts last year and describe the additional projects that have come to light since then.
A year ago, in our Ready to Let Go blog series and a subsequent Drill Down Report, we said that several factors — rising gas production, increasingly undulating demand for gas (tied in part to the ups and downs of wind and solar power), frequent extreme weather events, new LNG export capacity, and plans for lots of new gas-fired power generation (much of it tied to planned data centers) — were boosting the value of storage in Texas, Louisiana, Mississippi and Alabama. We emphasized, however, that while gas storage capacity is increasingly valued for its role in providing volume assurance and the opportunities created by high deliverability, that didn’t necessarily mean storage values would be high enough to support the large-scale buildout of new facilities. Instead, we said the development of new storage capacity was likely to be very targeted — it would happen only where it has strong customer support and makes economic sense.
The RBN NATGAS Haynesville is a weekly natural gas fundamentals analysis focused on supply, flow, and LNG-driven demand dynamics within the Haynesville basin.
Well, as evidenced by the slew of storage projects moving through the regulatory process and advancing to a final investment decision (FID), customer support appears to be stronger than ever. Not only are the projects we discussed in 2024 progressing to construction and operation, but a new round of projects — most of them expansions to existing storage facilities — have been announced and/or taken FID in recent months, suggesting that the storage buildout party is still in full swing.
Our goal in this series is to provide a comprehensive update, discussing the primary players in this particularly active slice of the midstream sector — and their projects — in the same order as we did in last November’s Drill Down Report. Some will require only a quick update, while a lot more will need to be said about others.
We’ll start with gas storage giant Williams Cos., which significantly increased its presence along the Gulf Coast through two big-dollar deals: the August 2022 acquisition of 36 Bcf of storage (plus some pipeline assets) in North Texas from NorTex Midstream Holdings and the January 2024 purchase of storage facilities in Louisiana and Mississippi (green stars in Figure 1 below) with a combined capacity of 115 Bcf from Hartree Partners. (See the Drill Down Report for details.)
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About the song
“Rock and Roll All Nite” was written by Paul Stanley and Gene Simmons and appears as the fifth song on side two of KISS’s third studio album, Dressed to Kill. It was Stanley and Simmons’s first attempt at writing a rock anthem for the band. For the recording at Electric Lady Studio B in New York City, the band brought in a large group of friends and crew to sing the choruses. According to KISS, their roadies zipped and unzipped their leather jackets to the beat of the song during the choruses. Released as a single in April 1975, the song went to #68 on the Billboard Hot 100 Singles chart. Released as a single again six months later — this time the live version from Kiss Alive! — it went to #12 on the Billboard Hot 100 Singles chart and became a signature song for the group, which would use it to close every concert since 1976. Every rock cover band in the U.S. can fill a dance floor quickly just by playing the opening drumbeat and guitar chords to this song. Personnel on the record were: Gene Simmons (lead vocals, bass), Paul Stanley (rhythm guitar, backing vocals), Ace Frehley (lead guitar, backing vocals), and Peter Criss (drums, backing vocals).
Dressed to Kill was recorded in 10 days at Electric Lady Studio B in New York City. Produced by Casablanca Records owner Neil Bogart, the album was released in March 1975 and went to #32 on the Billboard 200 Albums chart. It has been certified Gold by the Recording Industry Association of America. Clocking in at 30 minutes and 7 seconds, it is the shortest runtime of any KISS LP. Original copies of the album have “KISS” embossed around the cover photo. Bob Gruen shot the cover at the southeast corner of West 32nd Street and 8th Avenue in Manhattan. Peter Criss was the only band member who owned a business suit. The other three members borrowed suits from their manager, Bill Aucoin, for the shoot. Two singles were released from the LP.
KISS is an American rock band formed in New York City in 1973 by Gene Simmons, Paul Stanley, Peter Criss and Ace Frehley. Using theatrical makeup, outlandish costuming, presenting each member as a comic book superhero, a KISS concert with its lighting and pyro effects resembles a brightly lit carnival attraction times 100 ... on acid! KISS fans know they will see a consistently bombastic assault of a concert, which results in packed venues everywhere they play. KISS has released 20 studio albums, 13 live albums, 14 compilation albums, two EPs and 67 singles and have sold more than 100 million records worldwide. The band was inducted into the Rock and Roll Hall of Fame in 2014, received Kennedy Center Honors in 2025, and has a star on the Hollywood Walk of Fame. Ten members have passed through the group since its inception, with Paul Stanley and Gene Simmons always in the lineup. Their next performance will be at Virgin Hotels in Las Vegas: the Land-Locked in Vegas shows, November 14-16.
We at RBN are saddened to hear of the passing of original and founding KISS member Ace Frehley. Known as “The Spaceman,” Frehley’s guitar sound contributed enormously to KISS’s rise to fame and fortune. After suffering a fall recently, Frehley died October 16 in Morristown, NJ, at the age of 74. He will be greatly missed by the legion of fans in the KISS Army. Our sincere condolences go out to his family, friends and fans.
"About the Song" -- written by Mickey McMahan , RBN Director of Musicology
