Production News

 

Hurricane Helene: 17 Oil and Gas Platform Evacuated in US Gulf of Mexico

Sep 26, 2024

About 29% of crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Hurricane Helene, the U.S. Bureau of Safety and Environmental Enforcement said on Wednesday.Energy producers had shut-in 511,000…

Shell Restarts Stones Platform as Hurricane Forecast Shifts

Sep 24, 2024

Shell said on Tuesday it has started the process of restoring oil production at its Stones platform as the forecast of a looming major hurricane in the U.S. Gulf of Mexico shifted.Shell had shut down production on Sunday at both the Stones and…

Energy Firms Evacuate US Gulf of Mexico Platforms as Hurricane Risk Builds

Sep 23, 2024

U.S. offshore oil producers were taking initial steps ahead of a storm predicted to become a hurricane in the middle of the week, evacuating non-essential staff from Gulf of Mexico production platforms.The U.S. National Hurricane Center said…

First Oil Starts Flowing at CNOOC’s South China Sea Field

Sep 20, 2024

China National Offshore Oil Corporation (CNOOC) has started production at Liuhua 11-1/4-1 oilfield secondary development project, which features China’s first cylindrical floating production, storage, and offloading (FPSO) unit and a new platform…

TotalEnergies Starts Production at Fenix Gas Field Offshore Argentia

Sep 20, 2024

TotalEnergies has started the production from the Fenix gas field, off the coast of Tierra del Fuego in Southern Argentina.The Fenix field, located 60 km offshore, is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37…

CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

Sep 18, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has informed the production from its offshore oil and gas platforms remained unaffected by the typhoon Bebinca, the strongest typhoon to make landfall in Shanghai in the last 70 years…

Big Chunk of US Gulf of Mexico Output Still Shut After Hurricane Francine

Sep 17, 2024

About 6% of crude production and 10% of natural gas output in the U.S. Gulf of Mexico were offline in the aftermath of Hurricane Francine, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Tuesday.There were 101,778 barrels…

Hurricane Francine Leaves Over 12% of US Gulf of Mexico Oil Output Shut

Sep 17, 2024

More than 12% of crude production and 16% of natural gas output in the U.S. Gulf of Mexico were offline in the aftermath of Hurricane Francine, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Monday.There were 213,204…

Court-ordered Well Shutdown a Threat to Colombian Energy Security, Industry Groups Say

Sep 16, 2024

A ruling from a Colombian court that ordered the suspension of work at a major offshore natural gas well is a threat to the country's energy security, industry groups the Colombian Petroleum Association (ACP) and Naturgas said on Monday.In a court order dated Sept…

US Offshore Oil Production Reawakens in Wake of Hurricane Francine

Sep 13, 2024

U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the key energy region's output, ports reopened, and onshore terminals accepted oil and liquefied natural gas (LNG) tankers…

Nearly 40% of US Gulf of Mexico crude oil shut-in by hurricane

Sep 11, 2024

About 39% of crude oil production and 49% of natural gas output in the U.S. Gulf of Mexico were shut on Wednesday as hurricane Francine barreled toward the Louisiana coast, the U.S. Bureau of Safety and Environmental Enforcement said.Francine…

Gulf of Mexico Offshore Platforms Evacuated Ahead of Storm Francine

Sep 09, 2024

U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South…

Niger Delta Oil Field to Supply Gas for Nigeria’s First FLNG

Sep 08, 2024

Nigeria's oil regulator on Friday granted UTM Offshore Limited the first license to operate a floating liquefied natural gas (FLNG) plant, to tap flared gas from an ExxonMobil oil field in the Niger Delta.Such plants are springing up on the continent as Africa seeks to tap its gas resources…

OPEC+ Has Oil Price and Demand Problems. It Should Solve Demand

Sep 05, 2024

OPEC+ has two problems and two solutions.The first problem is that crude oil prices are too low for the comfort of most of the members of the group, which pulls together the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia…

CNOOC Brings Online Another South China Sea Field

Sep 04, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) ha started production from its Wushi 17-2 oil field development project in Beibu Gulf in South China Sea.The main production facilities include a new wellhead platform and an oil and gas processing terminal…

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