U.S. Offshore
News
January 23, 2018
Oil traded near $64/bbl in New York after briefly spiking, ahead of data that may show a record run of U.S. inventory declines.
News
January 22, 2018
Otto Energy Limited has advised that the OCS G-34266 #F-3 well (F3) on South Marsh Island Block 71 (SM 71), was drilled to a depth of 3,539 ft MD on Jan. 15, 2018, where 10 3/4-in. casing was set and cemented in place.
News
January 21, 2018
Despite Interior Secretary Ryan Zinke’s Jan. 9 declaration that Florida is "off the table" for offshore oil drilling, that activity is actually still on the table.
News
January 19, 2018
Crude edged lower amid predictions of a steep hike in U.S. crude output this year.
News
January 18, 2018
Crude pared losses after U.S. government data showed inventories at the nation’s largest pipeline hub dropped by the most on record.
News
January 17, 2018
Many Texans support NAFTA based on the premise that it allows American workers and businesses to compete on a level playing field with anyone in the world.
News
January 17, 2018
Talos Energy LLC has announced initial production from the Tornado II deepwater well (GC 281 #2ST), located in Phoenix field of the Green Canyon area of the Gulf of Mexico in approximately 2,700 ft of water.
News
January 17, 2018
The world’s hottest offshore prospect for oil companies is off the coast of Guyana, where a string of major discoveries has drawn hundreds of millions of dollars in a quest for crude.
News
January 16, 2018
RPSEA has released its Technology Roadmap, a plan that outlines the challenges and research needs of the U.S. onshore and offshore oil and gas industry for the coming decade.
News
January 12, 2018
Interior Secretary Ryan Zinke has declared he is "taking Florida off the table" for new offshore oil drilling, but that concession leaves plenty of opportunities for rigs around the Sunshine State.
News
January 11, 2018
Stone Energy Corporation has announced drilling success at the deepwater Mt. Providence development well at Mississippi Canyon Block 28.
News
January 11, 2018
The “bomb cyclone” that left the eastern U.S. shivering last week led to the biggest drop ever recorded for natural gas stockpiles.
News
January 11, 2018
America’s trade imbalance just got a bit smaller. The U.S. has now become a net exporter of natural gas on an annual basis for the first time since at least 1957.
News
January 11, 2018
World oil markets are about to get a clearer idea of what Donald Trump’s presidency means for one of the biggest crude exporters, Iran.
News
January 10, 2018
The Trump administration is ruling out plans to sell new drilling rights off the coast of Florida, including eastern Gulf of Mexico waters coveted by oil companies, amid pressure from Republican Governor Rick Scott.
News
January 10, 2018
Otto Energy Limited has advised that the OCS G-34266 #F-3 well (SM 71 F3), operated on behalf of the joint venture by Byron Energy Ltd. within the South Marsh Island 71 (SM 71) lease in the Gulf of Mexico shelf, is currently, at 3 p.m. on Tues., Jan. 9, 2018, CST, drilling ahead at 668 ft MD.
News
January 10, 2018
This year may be anything but staid for the oil market as Citigroup predicts wildcards including war, Middle East tensions, Donald Trump and Kim Jong Un driving crude toward $80/bbl.
News
January 09, 2018
API's president and CEO Jack Gerard delivered a speech at today's 2018 State of American Energy event.
News
January 08, 2018
IPAA has responded to today's FERC decision to reject Secretary of Energy Rick Perry's plan to prop up coal and nuclear power.
News
January 08, 2018
Not many people had expected the U.S. to turn to Europe for natural gas this winter.
News
January 08, 2018
For the majors, the U.S. tax overhaul is turning out to be a mixed bag, especially for companies that drill overseas.
