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Interior’s GOM Auction Delayed to Square Covid-19 Impacts

Interior’s GOM Auction Delayed to Square Covid-19 Impacts

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…

July 21, 2020
Gulf of Mexico Gaining Traction as LLOG Sanctions Taggart Discovery in Mississippi Canyon

Gulf of Mexico Gaining Traction as LLOG Sanctions Taggart Discovery in Mississippi Canyon

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,…

June 29, 2020

U.S. Gulf of Mexico Gaining Momentum, with Oil Output Toppling Record

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.

January 8, 2020

Talos Wades into GOM Again, Spends $640M for Package of E&P Prospects

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.

December 12, 2019

Mississippi Canyon Yields Most — and Highest — Bids in BOEM Lease Sale

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.

March 20, 2019

BHP Sanctions Atlantis Expansion in U.S. Deepwater, Trion in Mexico GOM

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.

February 13, 2019
PRB Added to Anadarko’s Delaware, DJ and Deepwater GOM Focus

PRB Added to Anadarko’s Delaware, DJ and Deepwater GOM Focus

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.

August 2, 2018

Shell-Led Kaikias in Deepwater GOM Ramps One Year Ahead of Schedule

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.

June 1, 2018

Shell’s Newest Norphlet Discovery in Deepwater GOM Expands Inventory Options

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.

May 24, 2018
Anadarko Directing 85% of ’18 Capital to DJ, Permian Delaware and GOM

Anadarko Directing 85% of ’18 Capital to DJ, Permian Delaware and GOM

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.

February 7, 2018
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