Deepwater ///

U.S. oil production on track to reach all time high in 2015, says Rystad Energy

Rystad Energy estimates U.S. annual oil production to peak at 9.7 MMbpd by September 2015, assuming WTI stays at $55/bbl on average for the year.

Exxon Mobil starts production at Hadrian South in Gulf of Mexico

IRVING, Texas --Exxon Mobil has begun production at Hadrian South in the deepwater Gulf of Mexico. Gross production, from two wells, is expected to reach approximately 300 MMcfgd and 3,000 bopd.

Polarled pipe-laying underway, Statoil says

The Solitaire pipe-laying vessel started the first stage of the Polarled installation project on Thursday, Statoil has reported. The 482-km long pipeline will transport gas from Aasta Hansteen field, in the Norwegian Sea, to Nyhamna, in western Norway.

Helix, Shell in deepwater well intervention semisubmersible contract extension

Helix Energy has entered into a new multi-year contract with Shell to provide well intervention services in the U.S. Gulf of Mexico utilizing Helix’s Q4000.

Petrobras discovers 200-m hydrocarbon column at Libra C1 extension well

The Libra consortium has finished drilling extension well C1. The drilling results confirmed a hydrocarbon column 200 m deep with good permeability and porosity.

Clariant acquires chemical storage and packaging facility in Broussard, La.

Clariant Oil Services has acquired a chemical storage and packaging facility in Broussard, La.

Halliburton sets coring record for exploratory well in presalt Santos basin

Halliburton was able to recover 71 large-diameter (1.5 in.) samples on just one of the runs, more than double the anticipated rate.

Petrobras breaks water column record in Sergipe-Alagoas basin

Petrobras has set a new national record of 2,990 m for drilling under a water column—the distance between the water surface and the seabed.

Central Gulf of Mexico lease sale yields $539 million in high bids

The U.S. Department of the Interior’s Bureau of Ocean Energy Management held a lease sale Wednesday for the Central Gulf of Mexico that drew $538,780,056 in high bids for tracts on the U.S. Outer Continental Shelf offshore Louisiana, Mississippi and Alabama.

Fire extinguished on drillship in Gulf of Mexico

HOUSTON -- A fire on Seadrill’s West Neptune drillship, operating in the Gulf of Mexico, has been extinguished.

Anadarko cancels contract for Belford Dolphin drillship

Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has received a termination for convenience notice from Anadarko Petroleum Corp. for the contract for the Belford Dolphin drillship.

Platform P-61 starts up at Papa Terra field, Petrobras says

Petrobras has announced the start-up of platform P-61 in Papa Terra field, in the southern tip of the Campos basin, 110 km off the coast of Brazil and at a water depth ranging from 400 m to 1,400 m.

Gulf of Mexico environment returning to pre-Macondo conditions, report finds

In the five years since the Deepwater Horizon oil spill, scientific data and studies are showing that the Gulf environment is returning to its baseline condition, according to a new report BP released Monday.

GE nets $850-million order for Ghana’s Offshore Cape Three Points Block

GE has announced the booking of an $850 million order across its oil and gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) Block, Ghana.

Petrobras starts early production system at Buzios field

Petrobras started up its early production system in the Santos basin’s Buzios field on Tuesday.

Azonto Petroleum abandons Accra Block offshore Ghana

Azonto Petroleum has decided not to continue with its deepwater exploration acreage in the Accra Block offshore Ghana.

Cairn Energy sees 50% lower rig cost sustaining Senegal drilling

Cairn Energy expects a slump by half in the cost of oil rigs to sustain the UK producer’s exploration in Senegal even after crude prices sank in previous months.

Chevron accelerating asset sales to $15 billion on oil slide

Chevron will increase asset sales by 50% to $15 billion and curtail new investment for the next two years after plunging oil prices squeezed cash flow for the second-biggest U.S. energy producer.

Ceona wins its first rigid pipelay project in Gulf of Mexico

BP in second deepwater gas find offshore Egypt

LONDON -- BP Egypt announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta on Monday.