Onshore activity held steady during the week ended Friday (July 30), but a decline in the Gulf of Mexico (GOM) saw the overall U.S. rig count slide three units to 488, according to the latest figures from Baker Hughes Co. (BKR). Declines in the United States included two oil-directed rigs and one natural gas-directed unit.…
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Articles from Gom
Feds Looking to Expand Wind Energy Offshore East, West Coasts and GOM
The Department of Interior may have paused federal oil and natural gas leasing, but it is looking to deploy 30 GW of offshore wind capacity on nearly every U.S. coast by 2030. A competitive lease sale to kick things off is planned in the New York Bight, with other auctions eventually expected offshore the West…
GOM Activity Rising, with Williams Set to Expand Natural Gas Infrastructure
Natural gas and oil opportunities in the deepwater Gulf of Mexico (GOM) look to be expanding, with Tulsa-based Williams preparing to take advantage. The midstream giant, which already has substantial GOM infrastructure, recently clinched an agreement to gather and transport natural gas from the Shenandoah development underway in the deepwater. The agreement is with Beacon…
Deepwater Oil Find Said Sign of Existing Opportunities in U.S. Gulf of Mexico
BP plc said it has struck oil at the Puma West prospect offshore Louisiana near its Mad Dog platform in the deepwater Gulf of Mexico (GOM). The well in Green Canyon Block 821 was drilled by BP, operator and owner of the block, on behalf of co-owners Chevron U.S.A. Inc. and Talos Energy Inc., each…
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…
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,…
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.
NGI The Weekly Gas Market Report
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.
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.
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.