U.S. Offshore ///

TGS, Schlumberger announce multi- and wide-azimuth multi-client reimaging program in GOM

TGS-NOPEC Geophysical Company (TGS) and Schlumberger have announced a new multi- and wide-azimuth (M-WAZ) multi-client reimaging program in the highly prospective central U.S. Gulf of Mexico.

Covey Park buys additional Haynesville assets from Chesapeake

Covey Park Energy, announced the closing of the acquisition of additional assets in the Haynesville shale area of north Louisiana from Chesapeake Exploration, and related companies for $465 million.

BHP Billiton approves $2.2-billion investment in Mad Dog Phase 2 project

BHP Billiton has announced that the board has approved expenditure of $2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.

TGS acquires multi-beam project in U.S. Gulf of Mexico

TGS announces the Otos multi-beam and seep study project in the U.S Gulf of Mexico.

W&T Offshore's Ship Shoal 349 A-18 well begins production at Mahogany field

W&T Offshore, Inc. has announced that the Ship Shoal 349 A-18 well, its most recently completed well at Mahogany field, was successfully brought on production on Jan. 17, 2017.

OPEC clears way for cheap U.S. oil to sail to biggest market

Add Southern Green Canyon and Mars Blend to the growing list of American crude that’s challenging OPEC’s dominance in the world’s biggest oil market.

BP Thunder Horse South Expansion starts up ahead of schedule

BP today announced that it has started up the Thunder Horse South Expansion project in the deepwater Gulf of Mexico, 11 months ahead of schedule and $150 million under budget.

Danos awarded contract for Hess Stampede platform

Danos has secured a contract to perform mechanical hook-up and commissioning (HUC) support services for the Hess Stampede tension leg platform (TLP) in the Gulf of Mexico.

Executive viewpoint

Dr. Barbara Kutchko, National Energy Technology Laboratory

Soldiers to scientists

BOEM denies Atlantic seismic G&G permits

The Bureau of Ocean Energy Management (BOEM) has denied six pending geophysical and geological permit applications to conduct airgun seismic surveys in the Mid- and South Atlantic Planning Areas of the Atlantic Ocean.

W&T Offshore discovers new and deeper productive reservoirs at GOM Ship Shoal 349, Mahogany field

HOUSTON -- W&T Offshore announced that its Ship Shoal 359 A-18 well has logged 149 ft of net oil pay in five zones and extended the size and depth of the Mahogany field. The SS 349 A-18 well was drilled on the western side of the Mahogany field to extend the productive limit of the 'T' sand, which was discovered in mid-2013 by the A-14 well.

Cobalt appraisal well strikes pay at North Platte in Gulf of Mexico

Cobalt International Energy has completed drilling operations on the North Platte #4 appraisal well in the U.S. Gulf of Mexico.

BOEM to offer 48 million acres in March lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) will offer more than 48 million acres offshore Louisiana, Mississippi and Alabama for exploration and development, in a lease sale that will include all available unleased areas in the Central Planning Area (CPA).

Schlumberger signs two long-term Transocean service agreements

Cameron, a Schlumberger company, today announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean, valued at greater than $350 million.

Obama bans new oil drilling on millions of acres of U.S. waters

President Barack Obama banned new offshore oil and gas development in more than 100 million acres of the U.S. Arctic and undersea canyons in the Atlantic Ocean, an announcement certain to provoke a fight with the Republican-led Congress and his successor in the White House.

Service companies exposed to shale seen as winners of OPEC deal

Up to $15 billion in increased spending will flow into the non-OPEC shale market in 2017, according to a new analysis from Rystad Energy. This incremental change comes after OPEC’s decision to cut production by 1.2 MMbpd.

Subsea Integration Alliance awarded deepwater integrated EPCIC contract by Murphy E&P

Subsea Integration Alliance has announced the industry’s first deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting system award.

BP to add second platform to the supergiant Mad Dog field

BP has sanctioned the Mad Dog Phase 2 project in the U.S., highlighting its long-term commitment to the country despite the current low oil price environment. Mad Dog Phase 2 will include a new floating production platform with the capacity to produce up to 140,000 gross bopd from up to 14 production wells. Production is expected to begin in late 2021.

Jacobs wins Shell contract for Gulf of Mexico platform

Jacobs Engineering Group has been awarded a contract from Shell Offshore for its Vito host project in the Gulf of Mexico.

Talos Energy brings Tornado discovery online

Talos Energy has announced initial production from the Tornado exploration project in Phoenix field in the Gulf of Mexico. The field is located in Green Canyon Blocks 236, 237, 280 and 281 in approximately 2,700 ft of water.