offshore drilling

GOM Natural Gas Production Seen Falling for Fourth Straight Year in 2023

GOM Natural Gas Production Seen Falling for Fourth Straight Year in 2023

Natural gas production in the U.S. Gulf of Mexico (GOM) is expected to decline for a fourth straight year in 2023, according to Energy Information Administration (EIA) analysts. GOM gas output is forecast to average 2.1 Bcf/d in 2023, down 0.1 Bcf/d from the expected total in 2022, said EIA analysts James Easton, Kirby Lawrence…

June 24, 2022
Permian Activity Rises as U.S. Oil Patch Expands Further

Permian Activity Rises as U.S. Oil Patch Expands Further

Another week of expansion in the oil patch, led by the Permian Basin, lifted the U.S. rig count five units higher to 533 for the week ended Friday, according to the latest figures published by Baker Hughes Co. (BKR). Natural gas-directed drilling went unchanged for the period, while the addition of five oil-directed rigs put…

October 8, 2021
Murphy Oil Eyes Return to Salina Basin Drilling Next Year

Murphy Oil Eyes Return to Salina Basin Drilling Next Year

U.S. independent Murphy Oil Corp. is advancing plans to drill in waters on the Mexican side of the Gulf of Mexico (GOM) next year. Management said earlier this month the company is progressing permitting and regulatory approvals to drill at the Tulum prospect in Block 5 of the Salina Basin. CEO RogerJenkins said during Murphy’s…

August 18, 2021
BHP, Pemex Push Ahead with Mexico Deepwater Project

BHP, Pemex Push Ahead with Mexico Deepwater Project

With Gulf of Mexico (GOM) activity accelerating throughout both U.S. and Mexico waters, Australia’s BHP has given its stamp of approval to spend $258 million to advance the front-end engineering design phase for the Trion project in Mexico’s deepwater. Studies would be centered on completing engineering and commercial arrangements toward potentially sanctioning the project by…

August 11, 2021
GOM Activity Rising, with Williams Set to Expand Natural Gas Infrastructure

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…

June 18, 2021
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
Deepwater Oil Find Said Sign of Existing Opportunities in U.S. Gulf of Mexico

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…

April 19, 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
U.S. Oil, Natural Gas Industry Warns of Economic, Environmental Fallout from Biden Freeze of Federal Leasing

U.S. Oil, Natural Gas Industry Warns of Economic, Environmental Fallout from Biden Freeze of Federal Leasing

The Biden administration has frozen awarding new oil and gas drilling permits, as well as leases on federal onshore and offshore property, for 60 days, likely heralding more permanent limits to be enacted down the road. The order mandating the freeze was signed by acting Department of the Interior (DOI) Secretary Scott de la Vega…

January 22, 2021
Trump Reverses Course on Offshore Drilling by Extending, Expanding Atlantic Ban

Trump Reverses Course on Offshore Drilling by Extending, Expanding Atlantic Ban

In a policy about-face, President Trump extended a moratorium on oil and natural gas development in the eastern Gulf of Mexico (GOM) and expanded the ban to the Atlantic coasts of Florida, Georgia and South Carolina. The president, speaking Tuesday in Jupiter, FL, near his Mar-a-Lago Club in Palm Beach, threw a political bone to…

September 9, 2020