Waters

The recent Canadian government-commissioned study on the impacts of liquefied natural gas (LNG) tanker traffic in the choppy waters of Passamaquoddy Bay does not provide any fodder for the opponents of the Downeast LNG project proposed for Maine, said the company’s president.

An estimated 28.5 million acres of land in federal waters offshore Louisiana, Mississippi and Alabama will be offered for lease in October as the Minerals Management Service (MMS) holds the first Central Gulf of Mexico lease sale in its 2007-2012 Outer Continental Shelf (OCS) leasing program.

A record number of oil and natural gas drilling rigs currently are working in the ultra-deep waters of the Gulf of Mexico, according to the Interior Department’s Minerals Management Service (MMS).

A record number of oil and natural gas drilling rigs currently are working in the ultra-deep waters of the Gulf of Mexico, according to the Interior Department’s Minerals Management Service (MMS).

To finance its Rocky Mountain exploration and pay down debt, Newfield Exploration Co. Thursday agreed to sell all of its natural gas-heavy properties in the shallow waters of the Gulf of Mexico (GOM) to McMoRan Exploration Co. for $1.1 billion. Newfield, which plans to keep its deepwater leases, said the sale was one of several divestitures planned over the next few months.

To finance its Rocky Mountain exploration and pay down debt, Newfield Exploration Co. has agreed to sell all of its natural gas-heavy properties in the shallow waters of the Gulf of Mexico (GOM) to McMoRan Exploration Co. for $1.1 billion. Newfield, which plans to keep its deepwater leases, said the sale was one of several divestitures planned over the next few months.

Acknowledging that Nova Scotia has work to do if its waters are to ever be considered a world class attraction for exploration and production companies, the regulator of the province’s offshore petroleum industry announced changes to make the region more enticing.

Acknowledging that Nova Scotia has work to do if its waters are to ever be considered a world class attraction for exploration and production companies, the regulator of the province’s offshore petroleum industry announced changes to make the region more enticing.

Testing the waters to see if there is adequate market support for the conversion of a gas liquids storage cavern to natural gas storage operations in Mont Belvieu, TX, Houston-based Enterprise Products Partners LP and Duncan Energy Partners LP, through their Mont Belvieu Caverns LLC (MBC) affiliate, announced the start of a binding open season for up to 10 Bcf of firm natural gas storage capacity.