Gulf Of Mexico

With Gulf of Mexico (GOM) activity accelerating, Australia’s BHP has given the green light to Shenzi North, a deepwater project it shares with Repsol SA. BHP earmarked $544 million in capital expenditures (capex) for the project. The operator took over as majority owner last year and holds a 72% stake. Repsol SA, with a 28%…

Conditions are ripe for another above-average hurricane season that could potentially send ripples throughout natural gas production in the Gulf of Mexico (GOM) over the next three months, the National Oceanic and Atmospheric Administration (NOAA) said in a new forecast. Should the NOAA’s Climate Prediction Center forecast bear out, it would mark the sixth consecutive…

A ramp-up in oil drilling, especially in the Permian Basin, sent the U.S. rig count surging seven units higher to 491 for the week ended Friday (July 23), the latest numbers from oilfield services provider Baker Hughes Co. (BKR) show. All of the net gains domestically for the week occurred in the oil patch, with…

The U.S. natural gas rig count rose two units to finish at 101 during the week ended Friday, a week that also saw a notable uptick in drilling activity in the Gulf of Mexico (GOM), according to updated data from oilfield services provider Baker Hughes Co. (BKR). Drilling gains in the United States for the…

BP plc said Wednesday it has ramped up production from the Manuel project in the deepwater Gulf of Mexico (GOM), with two new wells tied into the Na Kika platform. The Mississippi Canyon project in Block 520, in which Royal Dutch Shell plc is a 50% partner, is the fourth of five projects set to…

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,”…

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.…

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…

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…