The upper pattern in the Gulf is a little convoluted right now, but it appears that 94L flared up in a narrow zone of difluence aloft (which aids convection) underneath a narrow ridge of high pressure that is sitting between a weakening upper trough over south Texas and a developing upper low over Florida. There is evidence of anticyclonic outflow in the cloud pattern, but it is also still plainly being sheared from the south at some level.

It certainly looks the part of a depression at the moment, but NHC will probably wait to see if it can maintain its current level of organization for awhile (and probably wait for a plane to get in there) before classifying the system. It actually looked better about 1-2 hours ago, but the convection that flared up near the center earlier has died down for the moment.