GULF OF MEXICO DISCOVERIES, RESERVES AND PRODUCTION
Part I Discoveries and Reserves The following are a few charts and observations concerning the US Gulf of Mexico production, with data mostly taken from BOEM for the OCS and Continue Reading
Greenpeace: U.S. bowed to pressure over Atlantic energy work
A U.S. decision to extend the comment period for work tied to oil and gas development in the Atlantic was a response to public outrage, Greenpeace said. The National Oceanic Continue Reading
In disaster’s wake, BP doubles down on deepwater despite surging shale
About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Continue Reading
Rig Trends: Offshore Rig Market Recovery Reports Premature
For quite some time now, many oilfield analysts have reported the beginning of a recovery in offshore rig demand. For quite some time now, many oilfield analysts have reported the Continue Reading
Woodmac: Only the ‘Very Best’ Projects Sanctioned
Only the very best deepwater projects have been sanctioned during the oil price downturn, which speaks volumes of the Liza field’s potential. Only the very best deepwater projects have been Continue Reading
Democrats aim to block Atlantic energy surveys
Senate Democrats concerned Atlantic energy work could harm some maritime species that depend on seismic activity to communicate. File photo by Ken James/UPI. June 12 (UPI) — The process to Continue Reading
More offshore oil openings from Trump draw criticism
The White House took another step to opening up offshore oil and gas reserves using a method that an industry critic said poses a real ecological threat. The office of Continue Reading
Oil production in the Gulf of Mexico shows resilience
With crude oil prices in May holding above the $50 mark, analysis finds the U.S. Gulf of Mexico saw gains in exploration and production activity. Platts RigData, a forecasting unit Continue Reading
Trump Moves To Allow Drilling On Atlantic Coast
A new proposal by the Trump administration will allow oil companies to use seismic air guns to search for fossil fuel deposits in the Atlantic Ocean, according to reports emerging Continue Reading
Carlyle OFS Exec: It’s Dangerous to Declare Industry in Recovery
Carlyle Group principal cautions crowd at Louisiana Energy Conference that not all of the oil and gas industry is rebounding as conventional and offshore service companies continue to struggle. An Continue Reading