U.S. Offshore ///

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.

U.S. oil exports go up a gear as supertanker sets sail for China

The flood of U.S. oil exports stepped up a gear on Monday after the first fully laden supertanker sailed from an American port, alleviating a bottleneck that’s limited overseas shipments.

Noble Energy exits Gulf of Mexico with $710-million sale of assets

Noble Energy, Inc., has announced that its board of directors has authorized a $750-million share repurchase program. In addition, the Company has executed an agreement to sell its deepwater Gulf of Mexico assets to Fieldwood Energy LLC for a total value of $710 million.

America's supertanker terminal set to export oil for first time

The flood of crude leaving the U.S. could be about to get a major boost: the nation’s top imports terminal is testing one of the industry’s biggest tankers to load an export cargo for the first time.

Producing gas well total declines slightly

The number of active, producing U.S. gas wells slipped 1.6% last year, from 501,535 to 493,421, although, according to the EIA, the country’s gross gas withdrawals hit an 11-year high at 95.8 Bcfd last November.

Number of active U.S. oil wells remains consistent

The number of active, producing oil wells in the U.S. remained relatively stable, dropping slightly last year, despite a significant increase in drilling from 2016 into 2017.

U.S. shale drives rig count recovery in 2017

With oil prices on the rise in 2017, operators added drilling rigs back to many areas of the U.S.

A landmark year for the oil and gas industry

Dr. Roger Bezdek, Contributing Editor

The last 12 months in Washington, D.C., have been incredibly positive for the U.S. oil and gas industry.

What's New in Exploration

William (Bill) Head, Contributing Editor

Successful exploration is the art of managing failure

First Oil

Kurt Abraham, World Oil

Keeping the caution in our optimism

API: Florida Petroleum Council says offshore exploration beneficial to Florida's economy

Florida Petroleum Council Executive Director David Mica today pointed to Florida’s significant economic opportunity to safely and responsibly develop Florida’s offshore energy resources in advance of the Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan.

Oil world turned upside down as America sells oil in Middle East

The UAE, a model petro-state where crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil.

Otto Energy provides update on SM 71 project in the Gulf of Mexico

Otto Energy Limited has advised that the Ensco 68 drilling rig has been repositioned over the SM 71 F1 well and operations to complete the F1 as a producing well in the D5 Sand have begun. This marks the end of drilling operations which began in early December 2017.

TechnipFMC, Island Offshore enter into strategic collaboration agreement

TechnipFMC has signed an agreement with the Island Offshore group to acquire a 51% stake in Island Offshore’s wholly owned subsidiary, Island Offshore Subsea AS.

Shell's deepwater Whale well strikes pay in the Gulf of Mexico

Shell Offshore Inc. has announced one of its largest U.S. Gulf of Mexico exploration finds in the past decade from the Whale deepwater well. The well encountered more than 1,400 net ft (427 m) of oil bearing pay.

Total reports major deepwater discovery in the Gulf of Mexico

Total announces a major oil discovery in the Ballymore prospect, located deep offshore in the U.S. Gulf of Mexico (Eastern GoM).

Otto Energy reports successful well results at South Marsh Island Block

Otto Energy Limited has advised that its OCS-G34266 #F3 well (F3) on South Marsh Island Block 71 (SM 71), was drilled to a final TD of 7,717 ft Measured Depth (MD) on Jan. 26, 2018.

Oil's heavy hitters line up to dive into Mexico's deep waters

If you’re a super-major oil explorer, Mexico says it’s got a bargain for you.

Enpro Subsea receives PE funding for development of production, intervention technologies

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimization business into new and existing international markets and further develop its range of production optimization and intervention technologies.

Total acquires interest in Anchor discovery, in deepwater Gulf of Mexico

Total has signed an agreement with Samson in order to acquire Samson Offshore Anchor, LLC, which holds a 12.5% interest in four blocks covering the Anchor discovery, one of the most significant recent discoveries in the Gulf of Mexico (GOM).