U.S. Offshore
News
July 03, 2024
The first phase of the development, with five wells in total, is expected to deliver around 100 MMboe with upside from subsequent phases. The Winterfell unit consists of Green Canyon blocks 899, 900, 943, 944, 987 and 988 with follow-on opportunities in adjacent blocks where Kosmos also has an interest.
News
June 27, 2024
The Nikaitchuq and Oooguruk oil fields lie offshore Alaska in the Beaufort Sea. Eni acquired 100% of the Oooguruk field in 2019. The field has been producing since 2008. Additionally, Nikaitchuq has been producing since 2011. Together, the fields produce roughly 22,000 bpd.
News
June 26, 2024
Transocean Ltd. announced a 365-day contract extension for the Deepwater Asgard with an independent operator offshore the U.S. in the Gulf of Mexico. The program is expected to commence in direct continuation of the rig’s current program and is estimated to contribute approximately $188 million in backlog, including additional services.
News
June 19, 2024
The Gulf Energy Alliance (GEA) joined the States of Louisiana, Texas, and Mississippi in a legal challenge to the Department of Interior’s (DOI) Bureau of Ocean Energy Management’s (BOEM) decommissioning rule imposing unnecessary and burdensome financial requirements targeting independent offshore oil and natural gas producers.
News
June 17, 2024
Texas, Louisiana, and Mississippi have sued the U.S. government to block a proposed rule by the Biden administration that would require offshore oil and gas companies to provide nearly $7 billion in financial assurances for decommissioning old infrastructure.
News
June 11, 2024
‘Logging While Drilling’ (LWD) and wireline logging data have indicated that several oil-and-gas-bearing sandstones have been encountered within the targeted Middle Miocene turbidite sequences.
News
June 05, 2024
The Kaskida project is a greenfield development 250 miles southwest of New Orleans, in the Keathley Canyon area of the Gulf of Mexico. Comprising a single topside module supported by a four-column semi-submersible hull, the Kaskida FPU is supported by subsea production wells located in a water depth of approximately 6,000 ft.
News
May 22, 2024
The first phase of decommissioning commenced in February, with Elemental Energies providing well management services from its Houston office for the plugging and abandonment of wells in the Matagorda Island area, offshore Texas.
News
May 08, 2024
On Day 2 (Tuesday, May 7) of OTC 2024, Andy Krieger—Senior V.P. for bp’s Gulf of Mexico (GOM) and Canadian businesses—played host for a panel on the company’s operations in the GOM at OTC 2024. Within the broader discussion of the company’s operations in the GOM, a few key topics surfaced: the potential and opportunities of the Paleogene formation layer; current operational prospects for the GOM; and balancing these prior two items with the ever-present push for cleaner, more sustainable operations.
News
May 07, 2024
bp is weighing a decision to proceed with its Tiber offshore oil project in the U.S. Gulf of Mexico by 2025, aiming to increase its production to 400,000 boed by 2030, up from 300,000 boed in 2023.
News
May 06, 2024
Anchor features a unique wellhead system that has undergone rigorous testing and qualifications. With innovative technologies, Anchor will be capable of handling pressures of 20,000 psi and temperatures over 350o F.
News
May 06, 2024
In its quarterly financial report, Talos Energy announced it expects to commence drilling the Katmai West #2 well in Q3 2024 to further appraise the field, potentially adding significant reserves.
News
May 02, 2024
Commissioner Christian denounced President Biden's actions as election year politics, asserting that the pause on LNG exports would neither reduce emissions nor benefit allies, instead making energy more expensive and less accessible.
News
April 19, 2024
Who Dat East is estimated to contain 17 MMboe of gross unrisked 2C Contingent Resources and 35 MMboe of gross unrisked 2U Prospective Resources. The Who Dat South prospect is estimated to contain 31 MMboe of gross unrisked 2U Prospective Resources.
News
April 19, 2024
The National Ocean Industries Association (NOIA) Board of Directors has elected Jonathan Landes, President, Subsea of TechnipFMC, as the NOIA Chair for the 2024-2025 term. Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, was elected as the 2024-2025 Vice Chair. Jon and Joe were confirmed in their positions during the NOIA Board of Directors meeting Friday morning.
News
April 17, 2024
In the Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasted that U.S. liquefied natural gas (LNG) exports will keep leading the U.S. natural gas sector as three LNG export projects soon begin operations and reach full production by the end of 2025.
News
April 14, 2024
The project involves the subsea tie back of one production well at Sunspear to the Prince platform, 12 km to the north. Subsea7 will install the flowline and related subsea equipment at 500 m water depths.
News
April 10, 2024
Occidental expects first-quarter production from the Gulf of Mexico to be 90,000 boed, about 20% below the mid-point of its guidance.
News
April 03, 2024
Who Dat East is estimated to contain 17 MMboe of gross unrisked 2C Contingent Resources. The Who Dat South prospect is estimated to contain 31 MMboe of gross unrisked 2U Prospective Resources, with the geological probability of success estimated to be 52%.
News
April 02, 2024
Transocean Ltd. announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The program is expected to commence in June 2024.
News
April 01, 2024
The divestment includes Beacon’s 18.7% interest in the Buckskin producing field, 17% interest in the Leon development, 16.15% interest in the Castile development, 0.5% interest in the Salamanca FPS/lateral infrastructure, and 32.83% interest in the Sicily discovery.
