U.S. Offshore ///

U.S. Gulf of Mexico crude oil production to continue to set records through 2020

Based on EIA’s latest Short-Term Energy Outlook’s expected production levels at new and existing fields, annual crude oil production in the GOM will increase to an average of 1.9 MMbpd in 2019 and 2.0 MMbpd in 2020.

Fugro completes deepwater AUV surveys for Shell in US Gulf of Mexico

The project required data collection over multiple deepwater lease blocks in the greater Perdido and Mars development areas to support clearance of potential environmental, engineering, geological and archaeological hazards ahead of planned drilling activities.

Universal Subsea logs Gulf of Mexico well abandonment success

Universal Subsea's patent-pending Defender subsea isolation cap was successfully installed to the Bulleit subsea well, operated by Talos in the Gulf of Mexico at a water depth of 1,300 feet.

U.S. to offer 78 million Gulf of Mexico acres in 2020 lease sale

Lease Sale 254, scheduled to be livestreamed from New Orleans, will be the sixth offshore sale under the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program.

Subsea 7 awards Gulf of Mexico SCR and umbilical pull-in project to ALE

The contracted offshore SCR and umbilical pull-in operations will be performed at Mississippi Canyon, on an existing production facility located south of New Orleans, LA in approximately 1,900m of water.

Chevron sanctions waterflood project to boost St. Malo production

The newly sanctioned waterflood project in the St. Malo field will advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico.

Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil

Talos Energy has entered into two separate agreements with BP and Exxon Mobil related to new exploration opportunities in the U.S. Gulf of Mexico.

Eaton collaboration with San Jacinto College advances energy industry workforce development in the Gulf Coast

“The energy industry needs a more skilled workforce and the new Center for Petrochemical, Energy, & Technology is designed by industry for industry,” said Dr. Brenda Hellyer, San Jacinto College Chancellor.

First oil

Kurt Abraham, World Oil

Another mixed outlook awaits the E&P sector

House Democrats seek to block oil drilling along U.S. coasts

The U.S. House of Representatives is set to vote Wednesday on two proposals for limiting drilling in U.S. coastal waters, including an effort to permanently ban rigs near Florida, as Democrats seek to demonstrate their opposition to fossil fuels and emphasize Republicans’ sustained support for oil.

W&T Offshore completes $167 million deal expanding Gulf of Mexico stake

Tracy W. Krohn, chairman and CEO said "These low-decline assets add significant reserves and production to our portfolio and are adjacent to our current operations."

LLOG taps Seadrill’s West Neptune for GOM project

Seadrill has secured a one year contract with LLOG Exploration Offshore for the West Neptune operating in the US Gulf of Mexico.

BP focuses on deepwater, shale in historic shift south from Alaska

BP has closed one chapter in its U.S. business, exiting Alaska decades after transforming the state into an oil powerhouse. Now it’s time for a new phase in the company’s American story.

First liquid achieved at Freeport LNG Train 1

McDermott International, along with its partners, Chiyoda International and Zachry Group, today announced that Train 1 of the Freeport LNG project on Quintana Island in Freeport, Texas, has begun producing LNG.

Equinor completes $965 million GoM acquisition from Shell

The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction, in which Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell for $965 million in cash.

U.S. oil export race accelerates as Enterprise makes leap ahead

The race to develop oil terminals that can fully load supertankers on the U.S. Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead.

‘Back-loaded’ hurricane season in store for U.S. Gulf of Mexico

At risk is $17 trillion in U.S. real estate along the coasts, as well as some of America’s most valuable commodities. More than 45% of U.S. refining capacity and 51% of gas processing is along the Gulf of Mexico coastline.

Drilling advances

Jim Redden, Contributing Editor

Catching up with the times

Talos logs two Green Canyon deepwater strikes

Talos Energy reported successful drilling operations in its Bulleit and Orlov prospects in the Green Canyon deepwater Gulf of Mexico block as part of its second quarter 2019 earnings results.

U.S. Democratic candidates demonize oil industry

Bernie Sanders says the industry is a criminal enterprise. Joe Biden is vowing to take action against it.