Mexico

Chevron Gets Back to Business in the GOM

“All three” of Chevron Corp.’s deepwater rigs in the Gulf of Mexico (GOM) are currently working, and two more rigs are expected to arrive before the end of the year, which will help the company to recover a “lost year of production,” the company’s upstream chief said Friday.

August 1, 2011

Baker Hughes: Service Intensity Per Rig Increasing

Driven by sustained intensity in the U.S. onshore and a slow recovery in the Gulf of Mexico (GOM), the domestic rig count should average 1,850 in 2011, which would be 20% higher than in 2010, Baker Hughes Inc. said Monday.

July 26, 2011

Western GOM Lease Sale Planned

A Gulf of Mexico (GOM) lease sale that was delayed by the Macondo well blowout last year is back on the calendar for December, the head of the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) said last week.

July 20, 2011

Energy Jobs Picture Improves as GOM Moratorium Lifted

More than 60,000 jobs have been lost in the Gulf of Mexico (GOM) region since 2008 due to the deepwater oil and natural gas moratorium and sluggish pace of new drilling permits in the area, but 190,000 jobs could be created by 2013 for a total of nearly 430,000 industry-supported jobs nationwide if permitting returns to historic levels and backlogged projects are processed, said a new study by two producer groups.

July 18, 2011

Study Sees Strong Gulf Employment If Permitting Picks Up

More than 60,000 jobs have been lost in the Gulf of Mexico region since 2008 due the deepwater oil and natural gas moratorium and sluggish pace of new drilling permits in the area, but 190,000 jobs could be created by 2013 for a total of nearly 430,000 industry-supported jobs nationwide if permitting returns to historic levels and backlogged projects are processed, said a new study by two producer groups

July 12, 2011

Gulf of Mexico Plunges in Ranks of Attractive Investments

In the wake of the Macondo well blowout in the Gulf of Mexico (GOM), the region has become significantly less attractive for gas and oil investment , according to the Fraser Institute’s Global Petroleum Survey 2011 of energy executives.

July 5, 2011

Gulf of Mexico Plunges in Ranks of Attractive Investments

In the wake of the Macondo well blowout in the Gulf of Mexico (GOM), the region has become significantly less attractive for gas and oil investment , according to the Fraser Institute’s Global Petroleum Survey 2011 of energy executives.

July 4, 2011

ExxonMobil, Anadarko May Team Up in Deepwater

ExxonMobil Corp. and Anadarko Petroleum Corp. are considering options to jointly develop two mega-discoveries in the deepwater Gulf of Mexico (GOM).

June 27, 2011

BP Claims Transocean ‘Cherry-Picked’ Macondo Facts

Transocean Ltd., which owned the Deepwater Horizon rig that was destroyed when the Macondo well exploded last year in the Gulf of Mexico (GOM), last week directed most of the blame for the tragedy to BP plc, which operated the well and was leasing the rig.

June 27, 2011

Transocean: BP Most to Blame for Macondo Tragedy

Transocean Ltd., which owned the Deepwater Horizon rig that was destroyed when the Macondo well exploded last year in the Gulf of Mexico (GOM), on Wednesday directed the majority of the tragedy to BP plc, which operated the well and was leasing the rig.

June 23, 2011