Offshore

Pemex Gulf of Mexico Platform Fire Leaves Five Dead, Two Missing

Pemex Gulf of Mexico Platform Fire Leaves Five Dead, Two Missing

Petróleos Mexicanos (Pemex) CEO Octavio Romero Oropeza said five people died and two people remained missing as of Monday afternoon following a fire on the E-Ku-A2 platform in the Gulf of Mexico. The incident occurred Sunday afternoon in the Ku, Maloob and Zaap (KMZ) megafield. Oropeza said an investigation was underway to determine its cause.…

August 23, 2021
Five People Dead, Two Missing in Pemex Gulf of Mexico Platform Fire

Five People Dead, Two Missing in Pemex Gulf of Mexico Platform Fire

Petróleos Mexicanos (Pemex) CEO Octavio Romero Oropeza said five people died and two people remained missing as of Monday afternoon following a fire on the E-Ku-A2 platform in the Gulf of Mexico. The incident occurred Sunday afternoon in the Ku, Maloob and Zaap (KMZ) megafield. Oropeza said an investigation was underway to determine its cause.…

August 23, 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
API, Energy Trade Groups Sue to End Oil and Gas Leasing Pause on Federal Lands, Waters

API, Energy Trade Groups Sue to End Oil and Gas Leasing Pause on Federal Lands, Waters

A consortium of oil and gas industry groups said Monday they had sued the U.S. Department of the Interior (DOI) to reverse its decision this year to indefinitely freeze oil and natural gas leasing on federal lands and waters. In the lawsuit filed in the U.S. District Court for the Western District of Louisiana, the…

August 16, 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
Atlantic Hurricane Season Looking to Reignite, Impact Natural Gas Production, Says NOAA

Atlantic Hurricane Season Looking to Reignite, Impact Natural Gas Production, Says NOAA

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…

August 5, 2021
Eni’s Gusher in Mexico’s GOM Waters Said Sign of Remaining Untapped Potential

Eni’s Gusher in Mexico’s GOM Waters Said Sign of Remaining Untapped Potential

Italy’s Eni SpA has announced another deepwater find in the Sureste Basin in southeastern Mexico’s Gulf of Mexico (GOM), with preliminary estimates indicating 150-200 million boe in place. The estimated resources “reflect that there’s still untapped potential to be brought to market,” Amexhi head Merlin Cochran told NGI’s Mexico GPI. Amexhi is a Mexico private…

August 3, 2021
Hess Moving Forward with Bakken Ramp-Up on Strong Oil Prices

Hess Moving Forward with Bakken Ramp-Up on Strong Oil Prices

U.S. independent Hess Corp. said Wednesday it was moving forward with plans to ramp up drilling activity in the Bakken Shale amid continued commodity price strength. Hess plans to add a third rig in the Bakken in September, something it previously said it would consider if oil prices continued to improve. “We have been operating…

July 29, 2021
Chevron, Shell, Total Partner with GHGSat in Tackling Methane Leaks

Chevron, Shell, Total Partner with GHGSat in Tackling Methane Leaks

Chevron Corp., Royal Dutch Shell plc, and TotalEnergies SE are taking to the skies with Canada’s GHGSat as part of a year-long research project to detect offshore methane (CH4) leaks by satellite. The three supermajors are supporting the project by allowing six of their offshore facilities to be observed, including ones in the North Sea…

July 14, 2021
Column: Zama Ruling, Pemex Fire, LPG Company Part of Misguided Energy Policy

Column: Zama Ruling, Pemex Fire, LPG Company Part of Misguided Energy Policy

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico’s natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. One month after the midterm elections offered hope for change in the Mexican energy sector, some worrying signs have again begun to…

July 9, 2021