A federal offshore oil and gas lease set for August has been delayed for three months to assess the impact of Covid-19 on U.S. oil and gas markets. The Department of Interior’s Bureau of Ocean Energy Management (BOEM), which oversees the offshore auctions, rescheduled the Gulf of Mexico (GOM) Lease Sale 256 to November. The…
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Covington, LA-based LLOG Exploration Offshore LLC has pulled the trigger on the Taggart discovery in the Gulf of Mexico, which would be developed via a tieback to the Devil’s Tower deepwater spar. The Mississippi Canyon (MC) Block 816 discovery in 5,650 feet of water would be tied back to the spar in MC Block 773,…
Oil production in the U.S. Gulf of Mexico last August exceeded 2 million b/d for the first time in history, as the once mighty energy region regained some of its swag.
Houston-based Talos Energy Inc. has nabbed a bundle of offshore assets worth $640 million to build its Gulf of Mexico (GOM) producing portfolio and exploration prospects in U.S. waters.
A cadre of 30 oil and gas producers submitted 257 total bids in Wednesday’s Gulf of Mexico (GOM) region-wide auction, with the Mississippi Canyon drawing the highest bid and a unit of Royal Dutch Shell plc far and away outbidding everybody.
BHP on Wednesday approved spending of close to $956 million for two Gulf of Mexico (GOM) expansion projects, one in U.S. deepwater and the other in Mexico waters.
Looking to capitalize on numerous opportunities at favorable prices, Anadarko Petroleum Corp. is upping its 2018 capital spending in part so that it can focus on its core acreage in the Permian and Denver-Julesburg (DJ) basins, as well as develop an emerging opportunity in the Powder River Basin (PRB), CEO Al Walker said Wednesday.
The first phase of the Kaikias development in the deepwater Gulf of Mexico has ramped up nearly one year ahead of schedule with estimated peak production of 40,000 boe/d, Shell Offshore Inc. said Thursday.
Royal Dutch Shell plc said Thursday it has struck its sixth oil and natural gas find in the Norphlet play in the deepwater U.S. Gulf of Mexico (GOM) after encountering more than 800 net feet of pay at the Dover discovery.
Super independent Anadarko Petroleum Corp., which can pick and choose from an array of global prospects, is finding the best options in its own backyard, with plans to again direct nearly all of its 2018 capital to the United States.