Petsec Energy is estimating first production at its Hummer oil and gas field in late Q3 2017. The company provided an update on the development of field, which extends over Main Pass Blocks 270, 273 and 274, in the Gulf of Mexico, offshore Louisiana…
The US Gulf of Mexico is leading the way to a leaner and more cost-competitive deepwater industry as it emerges from the downturn, with the most attractive projects now competing with US tight oil plays, according to Wood Mackenzie (WoodMac)…
Subsea wireless automation provider WFS Technologies, and marine rental equipment specialist Seatronics, demonstrated drone-to-remote operated vehicle (ROV) wireless communications at a Subsea Internet of Things event in Houston. The…
Bahamas Petroleum Co. (BPC) has gained an additional 12-month extension for its four southern licenses from the government of The Bahamas that will now expire in April 2018. Map of BPC licenses…
Eni has confirmed the presence of oil in multiple reservoirs at the Amoca-2 well, the first well drilled by an international oil major offshore Mexico since the 2013 Energy Reform. Map of Area 1…
The latest Gulf of Mexico lease sale had 28 companies vying for 163 tracts in a total of 913,542 acres in the Central Planning Area of the Outer Continental Shelf (OCS), bringing in nearly US$275 million in high bids. Image from BOEM Twitter…
Bristow US was awarded a contract with Shell Offshore, a subsidiary of Royal Dutch Shell, for medevac and search and rescue (SAR) services in the Gulf of Mexico. Image from Bristow. As part of the contract…
Oilfield services giant Schlumberger and Subsea 7 have won contracts on BP's Mad Dog 2 deepwater development in the US Gulf of Mexico. Subsea 7 and Schlumberger, under the Subsea Production Systems alliance with OneSubsea, have been awarded a subsea production systems contract…
The Ministry of Energy and Mines (MEM) of the Dominican Republic will implement a high-resolution 2D offshore seismic campaign as part of its efforts to determine the hydrocarbon potential of sedimentary basins from the country. The call…
Statoil and the US Bureau of Ocean Energy Management (BOEM) formally executed the lease of 79,350 acres offshore New York this week, paving the way for the Norwegian giant to explore the potential development of an offshore wind farm. Turbine…
T H Hill Associates has introduced a new drilling standard in the DS-1 group: the Bit Inspection Technical Standard (BITS), which provides inspection procedures and acceptance criteria for fixed-cutter bits, including PDC, diamond, coring…
Fugro is teaming up with TGS to conduct the Otos survey in the Gulf of Mexico to pull together a complete picture of geological features, including hydrocarbon seeps. The Fugro Brasilis. Images from Fugro…
The Offshore Technology Conference (OTC) recognizes innovative technologies each year with the Spotlight on New Technology Award. This awards program is exclusively for OTC exhibitors and showcases the latest and most advanced technologies that are leading the industry into the future…
Anadarko has hit wet Wilcox sands at its Shenandoah prospect in the Gulf of Mexico, according to partner Cobalt International. Ocean Blackhawk. Image from Diamond Offshore. The…
Cobalt International has encountered oil at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, with plans to drill a second sidetrack, as the company ups its estimates of recoverable hydrocarbon resources at the prospect…