Infield analyst Edward Richardson examines whether the newbuild rig market is heading for deeper waters. History shows us that when oil prices are high operators seek to expedite the development of existing reserves and prove up additional resources…
US rakes in $850million for lease sale The US Bureau of Ocean Energy Management (BOEM) received 380 bids for 326blocks in the central Gulf of Mexico, totaling more than US $850 million. Gulf of Mexico Lease Sale 231 attracted operators to bison almost 40 million acres…
On the heels of the recent successful delivery of offshore production facility Jack/St. Malo, Crowley Maritime has again supported the domestic petroleum industry by providing ocean towing services for the Tubular Bells topside in the Gulf of Mexico for Saipem…
Getting offshore risk management wrong can prove disastrous, but how easy is it to get it right? Insurance professional Robert Armstrong is hoping to demystify some of the issues in a talk organised by Aberdeen’s SPE Young Professionals on 2 April…
An in-depth look at the Harte Institute for Gulf of Mexico Studies at Texas A&M University's Corpus Christi campus.
A collision between a barge carrying 924,000 gallons of fuel oil and a cargo ship over the weekend has left the Houston Ship Channel closed in efforts to contain and clean up the spill in Galveston Bay. The US Coast Guard reported that…
The Bureau of Ocean Energy Management (BOEM) received 380 bids on 19 Mar 2014, for 326 blocks in the central Gulf of Mexico, totaling more than US$850 million. Gulf of Mexico Lease Sale 231 attracted operators to bid on almost 40 million acres…
BP announced that it has entered into an administrative agreement with the United States Environmental Protection Agency (EPA), on behalf of the federal government, resolving all matters related to the suspension, debarment and statutory…
Houston-based Energy XXI is set to become the largest public independent producer on the Gulf of Mexico shelf after its acquisition of EPL Oil & Gas for US$1.53 billion. Upon completion of the merger, EnergyXXI projects the company will be worth about $6 billion…
Chevron’s leadership set out the oil major’s plans out to 2020 this week, including eying exploration opportunities offshore Greenland, to maintain its reserves hopper. Chevron is planning 20% production growth, from 2.6MMboe/d in 2013…
Shell quits Alaska: Royal Dutch Shell will discontinue its 2014 plans for drilling offshore Alaska. Shell’s U-turn on Alaskan drilling follows a profit warning and a court judgment, raising “substantial obstacles” to the company’s plans for drilling in the Chukchi Sea…
Experts from the global oil and gas industry have heard that a catastrophic disaster can – and will – happen again if the lessons of Macondo and other similar incidents are not learned and shared routinely. The stark warning was issued…
InterMoor has completed decommissioning operations of the Innovator platform in Gomez field, Mississippi Canyon Block 711, Gulf of Mexico. The scope of work, conducted in water depths of 910 m, involved disconnecting 10 risers/umbilicals…
ConocoPhillips has taken a three-year contract for the ENSCO DS-9 drillship, currently under construction at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in Geoje, South Korea. The ENSCO DS-9 is a Samsung GF12000 hull design…
Stone Energy Corp. hit oil at its deepwater Cardona (MC 29 #4) well at Mississippi Canyon 29 in the US Gulf of Mexico, the company announced on 24 Feb 2014. Drilling operations are underway using the ENSCO 8502 drilling rig, which Stone Energy contracted last April…