U.S. Offshore ///
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.
Jim Redden, Contributing Editor
Catching up with the times
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.
Bernie Sanders says the industry is a criminal enterprise. Joe Biden is vowing to take action against it.
The new facility will support the Saipem Constellation, the latest addition to the Saipem fleet, suitable for the installation of rigid and flexible pipes in ultra deep waters as well as for heavy lifts of up to 3,000 tons.
Abrado Wellbore Services has secured a multi-million dollar contract from Chevron’s Environmental Management Company to support the plug and abandonment of more than 30 wells offshore California.
TGS has been awarded a five-year contract for Digital Well Log Data Processing with the BSEE.
Shell Offshore has elected to invest in its PowerNap deep-water project in the U.S. Gulf of Mexico, a subsea tie-back to the Shell-operated Olympus production hub.
Enterprise Products Partners and Chevron U.S.A. announced long-term agreements supporting the development of Enterprise’s Sea Port Oil Terminal (“SPOT”) in the Gulf of Mexico.
Shell has sold its non-operated interest in the Caesar-Tonga asset to Equinor for $965 million.
Shell’s Appomattox project, located in the Gulf of Mexico about 80 miles south of New Orleans, is the first high temperature project to gain BSEE approval and begin production.
Chevron awards OneSubsea 20-year subsea equipment and services master contract for the Gulf of Mexico, supporting all subsea development projects with standardized equipment, including technologies that can withstand up to 20,000 psi.
BOEM will offer 77.8 million GOM acres, including all available unleased areas in federal waters.
South Korea’s biggest oil refiner is looking to buy a wider variety of U.S. crude grades to reduce its reliance on Middle East supply.
Hurricane Barry shut-in three-quarters of U.S. GOM crude production.
Oil rode a tide of bullish news to its highest price in almost two months as a potential hurricane roiled the Gulf of Mexico and U.S. crude inventories dropped.
William (Bill) Head, Contributing Editor
Rebound seen in new offshore exploration
A tropical storm could form in the eastern Gulf of Mexico by Thursday and potentially swirl through offshore oil and gas fields along the coast.
Two people were killed and one injured on Royal Dutch Shell’s Auger platform in the Gulf of Mexico on Sunday.
GulfSlope has announced the execution of a letter of intent with a privately held oil and gas company to form a joint venture to generate and drill shallow depth prospects in the Gulf of Mexico.