U.S. Offshore ///

BSEE increases safety inspection time offshore, saves American taxpayers $20 million

Beginning April 1, the Bureau of Safety and Environmental Enforcement (BSEE) is increasing physical inspection time offshore, while reducing taxpayer burden by nearly $20 million over 3.5 years, providing significant cost-savings to the American public.

Texas Alliance contacts Trump regarding NAFTA negotiations, steel tariffs

The Texas Alliance of Energy Producers continues to monitor NAFTA trade negotiations and steel tariffs. It was just last month the TAEP Board passed a resolution asking the U.S. government to recognize the importance of oil and gas exports under NAFTA.

BSEE launches risk-based inspection program

The Bureau of Safety and Environmental Enforcement this week announced the implementation of a new Risk-Based Inspection Program that employs a systematic framework to identify facilities and operations that exhibit a high-risk profile.

BSEE sponsored report on subsea bolting technology released

In an effort to address a recurring problem with faulty connectors in critical safety equipment, the Bureau of Safety and Environmental Enforcement (BSEE) commissioned a National Academy of Engineering study on the matter in September 2016

BSEE releases panel investigation report into subsea jumper leak

The Bureau of Safety and Environmental Enforcement (BSEE) has released the panel investigation report on the May 11, 2016 subsea jumper leak on a platform operated by Shell Offshore, Inc.

API: New studies project offshore energy development to bolster U.S. economy

Opening the U.S. Outer Continental Shelf (OCS) to offshore oil and natural gas development would be an economic catalyst—promoting U.S. jobs, investments, and increased tax revenue—for states across the country, according to new economic studies.

U.S. oil export surge means OPEC's output cuts may be doomed

Oil risks sliding back under $60/bbl as a surge in U.S. shipments to Asia threatens to undermine a deal between OPEC and its allies.

CERAWeek '18: Senators Murkowski, Cornyn express broad optimism for U.S. energy

During the final day of CERAWeek, Daniel Yergin, vice chairman of conference organizer IHS Markit, sat down with U.S. Senators John Cornyn (R-Texas) and Lisa Murkowski (R-Alaska, chairman of the U.S. Senate Energy and Natural Resources Committee), to discuss what’s ahead in Washington.

CERAWeek '18: Rick Perry says U.S. set to unleash American energy—and technology—around the world

America’s development of hydraulic fracturing technology has enabled a new wave of oil and gas abundance in the U.S., and according to U.S. Energy Secretary Rick Perry, the country must focus on maximizing exports for this energy, as well as its technologies.

Executive Viewpoint

Peter Zornio, Emerson Automation Solutions

Reservoir recovery: An opportunity for digital transformation

What's New in Exploration

William (Bill) Head, Contributing Editor

Exploration fire sale?

Energy Issues

William J. Pike, World Oil

Down the Hall

World of Oil & Gas

Emily Querubin, World Oil

TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows.

Abrado completes section-milled window utilizing a downhole mud motor

Abrado announced today that it has successfully completed the first casing section milled window utilizing a mud motor to power its patented Medusa expandable dual-string casing section-milling technology to successfully abandon a Gulf of Mexico well.

Oil set for first monthly drop since August on U.S. supply fears

Oil is poised for its first monthly decline in half a year as January’s rally fades on growing fears over booming U.S. shale supply.

U.S. said to weigh Venezuelan oil sanctions before April vote

The U.S. is leaning toward imposing oil-sector sanctions on Venezuela before the country holds April 22 elections that opposition leaders have vowed to boycott, according to a senior State Department official.

Giant oil ships from the U.S. to cut time, money and traders

Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to sidestep traders serving the world’s top crude-buying region.

Abrado completes rig-less, dual-string section-milling P&A job in GOM

Abrado announced today that it has completed the first well in a multi-well P&A campaign for an independent GOM operator, using its proprietary Medusa expandable casing section-milling technology.

LOOP completes first VLCC crude oil loading operation

LOOP LLC has successfully completed the first very large crude carrier (VLCC) crude oil loading operation at its Deepwater Port, 18 mi offshore of Port Fourchon, La.

Interior sets date for largest oil, gas lease sale in U.S. history

In support of President Donald J. Trump's ‘America-First Offshore Energy Strategy,’ Deputy Secretary of the Interior David Bernhardt announced that the Department will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.