Stung by the continued slump in natural gas prices, Chevron Corp. plans to cut back spending in Appalachia and a long-delayed gas export project proposed for the west coast of Canada, the supermajor said.
Deepwater
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Huge Natural Gas Discovery Offshore Mauritania Said Enough to Support LNG Exports
A major natural gas discovery offshore Mauritania may be the largest deepwater discovery this year and holds the potential for an export project, according to Kosmos Energy Ltd.
Chevron’s Waterflood Project to Expand St. Malo Deepwater Resources
Chevron Corp. has sanctioned a waterflood project in the St. Malo field of the deepwater Lower Tertiary using technology designed to increase recovery and maximize existing resources in the Gulf of Mexico.
Oil, Gas Operators Drawn to Existing Deepwater Infrastructure in GOM Auction
Oil and natural gas producers in the latest federal offshore auction on Wednesday kept their bids narrowed and tailored to deepwater areas of the Gulf of Mexico (GOM) with existing infrastructure.
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Williams has acquired and placed into service the 16-inch diameter Norphlet deepwater natural gas gathering pipeline system in the Gulf of Mexico (GOM), extending the reach of the Tulsa-based operator’s massive Transcontinental Gas Pipe Line (Transco) system.

Deepwater, Tight Oil Found Moving Closer Cost-Wise on Development Spectrum
The rapid improvement in efficiencies to produce deepwater oil and gas, which usually has taken years and millions of dollars, has put the expensive offshore within reach of tight/shale oil development costs, according to Wood Mackenzie.

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Deepwater Appomattox Starts Up Ahead of Schedule, Says Shell
Oil and gas output has ramped up at the Appomattox floating production system in the deepwater Gulf of Mexico (GOM) months ahead of schedule, operator Shell Offshore Inc. said Thursday.
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Schlumberger, TGS Advancing Deepwater GOM Exploration Data
Schlumberger Ltd. and Norway’s TGS-NOPEC Geophysical Co. are collaborating on next generation ocean-bottom node projects to assist exploration clients in their quest to develop U.S. Gulf of Mexico (GOM) oil and natural gas.
Offshore BOP, Well Control Regulations Finalized
The Department of Interior’s Bureau of Safety and Environmental Enforcement (BSEE) on Thursday issued final regulations covering blowout preventer (BOP) systems and well control, which officials said would reduce unnecessary regulatory burdens.

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Murphy Oil Snaps Up Deepwater GOM Assets for $1.375B
Murphy Oil Corp. on Tuesday said it has snapped up producing deepwater Gulf of Mexico (GOM) assets from units of LLOG Exploration Co. for $1.375 billion.