Gulf Of Mexico

Fieldwood Energy Contractor Killed Offshore Louisiana

Fieldwood Energy Contractor Killed Offshore Louisiana

Fieldwood Energy LLC confirmed Monday that one person was fatally injured on Saturday (May 15) at the Eugene Island 158 No. 14 facility in the Gulf of Mexico (GOM).  The unmanned platform is 50 miles south of Marsh Island, LA.  The unidentified contractor was involved in a “nonemergency casing pressure test on a shut-in well,”…

May 17, 2021
Interior Halting Oil and Gas Leases on Federal Lands, Offshore Through June

Interior Halting Oil and Gas Leases on Federal Lands, Offshore Through June

The U.S. Interior Department ceased new oil and gas lease sales on federal lands and offshore through at least June as officials this week extended a review of the program’s impact on climate change. Interior’s Bureau of Land Management (BLM) said it is “exercising its discretion to not hold lease sales” through the second quarter.…

April 22, 2021
ExxonMobil Eyeing $100B Carbon Capture Project in Houston Area

ExxonMobil Eyeing $100B Carbon Capture Project in Houston Area

ExxonMobil is looking for local, state and federal support to build a $100 billion project that would capture carbon emissions from the largest U.S. petrochemical complex along the Houston Ship Channel and bury them in the Gulf of Mexico. If the landmark project were to be built, ExxonMobil estimates that by 2030 the initial phase…

April 20, 2021
Second Person Found Dead After Seacor Liftboat Capsize; Search Efforts Continue

Second Person Found Dead After Seacor Liftboat Capsize; Search Efforts Continue

A second person has been found dead in the Gulf of Mexico after a Seacor Marine-owned liftboat capsized on Tuesday. The U.S. Coast Guard (USCG) said Friday the person, an unidentified man, was spotted around 7:10 p.m. local time on Thursday by a helicopter crew that was searching the area. He was found in the…

April 16, 2021
BP Strikes Oil in Deepwater Puma West Prospect Near Mad Dog

BP Strikes Oil in Deepwater Puma West Prospect Near Mad Dog

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…

April 14, 2021
Hess Raising Capex Slightly, with Focus Trained in Bakken, Offshore Guyana

Hess Raising Capex Slightly, with Focus Trained in Bakken, Offshore Guyana

Hess Corp. remains laser-focused on developing assets in the Bakken Shale of North Dakota and offshore Guyana, directing the lion’s share of its $1.9 billion exploration and production (E&P) capital and exploratory budget to the “high return, low cost” assets for 2021. The New York City-based producer in the first quarter is set to increase…

January 25, 2021
Equinor, Repsol Offer $12M for Walker Ridge Deepwater Block in Final GOM Lease Sale of Year

Equinor, Repsol Offer $12M for Walker Ridge Deepwater Block in Final GOM Lease Sale of Year

The long prospective Walker Ridge in the deepwater Gulf of Mexico (GOM) drew a bid of nearly $12 million on Wednesday in the final federal oil and gas auction of the year. The bid of $11,999,979 for Walker Ridge Block 365 was made jointly by Repsol E&P USA Inc. and Equinor Gulf of Mexico LLC,…

November 19, 2020
Contango Oil Builds Lower 48 Portfolio in Tie-Up with Mid-Con Energy

Contango Oil Builds Lower 48 Portfolio in Tie-Up with Mid-Con Energy

Consolidation in the U.S. exploration sector continued to gain steam Monday, with Contango Oil & Gas Co. announcing an all-stock merger with Mid-Con Energy Partners LP one day after a big tie-up in the Canadian oilpatch.  Houston-based Contango works the shallow waters of the Gulf of Mexico (GOM) and across the Lower 48, mostly in…

October 26, 2020
Gulf of Mexico Natural Gas, Oil Shut-ins Near 20%, and Southwest Louisiana Still Power Hungry

Gulf of Mexico Natural Gas, Oil Shut-ins Near 20%, and Southwest Louisiana Still Power Hungry

Natural gas and oil production is coming back online in the Gulf of Mexico post-Hurricane Laura, but overall output remained down by around 20%, the Bureau of Safety and Environmental Enforcement said Wednesday. Based on reports submitted by 32 operators as of 11:30 a.m. CT, about 19.65% of the natural gas, or 532.55 MMcf/d was…

September 2, 2020
Talos Maintains Bright Outlook For Private Sector E&P in Mexico Despite Tension

Talos Maintains Bright Outlook For Private Sector E&P in Mexico Despite Tension

Despite tension between Mexico’s government and non-state energy firms, Houston-based Talos Energy Inc. maintains a bright outlook for private sector exploration and production (E&P) in the country, management said last week. President Andrés Manuel López Obrador has upheld his pledge to honor the more than 100 E&P contracts awarded following the 2013-2014 market-opening energy reform,…

August 10, 2020
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