Byron Energy is preparing to spud next week the F3 development well at South Marsh Island Block 71 in the US Gulf of Mexico, Otto Energy reported Tuesday (2 January). The company and its joint venture partner Otto will use the F3 well as a D5 development well…
Seeking to reduce “unnecessary regulatory burdens” while maintaining or advancing safety and environmental protection, the US Bureau of Safety and Environmental Enforcement (BSEE) plans to revise the Production Safety Systems Rule governing…
Italian oil major Eni has spud a new oil well from the Spy Island drillsite, a manmade island in the Beaufort Sea, offshore Alaska, earlier this week, the Bureau of Safety and Environmental Enforcement (BSEE) reported today (27 December)…
Byron Energy has struck 190ft (58m) of net oil pay in the South Marsh Island Block 71 F-2 well in the Gulf of Mexico, exceeding initial expectations, partner Otto Energy reported today (27 December). Drilled and logged to 8615ft measured depth with Ensco jackup Ensco 68…
Canada-headquartered engineering group SNC-Lavalin, which recently acquired engineering house Atkins, has signed a framework agreement with Shell to provide pre-feasibility and feasibility studies for modular options on Shell's projects. SNC…
Italy's Eni says a production test on the Tecoalli-2 well, in shallow water Campeche Bay, Mexico, showed 'excellent production capabilities,' and increased estimates of oil in place in Area 1 to 2 billion boe, with about 90% oil. The well is in Contractual Area 1…
Geoscience firm TGS is to start a new multiclient acquisition project called Alonso 3D in the US Gulf of Mexico. Alonso 3D will cover 6172sq km in the Atwater Valley and Lloyd Ridge protraction areas of the US Gulf of Mexico. TGS says multi-level targets exist…
Norwegian seismic firm Polarcus has received a letter of award from TGS for the acquisition of 6172sq km of 3D seismic data in the Gulf of Mexico. TGS announced earlier today (21 December) that the firm will begin the Alonso 3D survey in February 2018…
McDermott International and CB&I today (18 December) unveiled plans to combine in an all-stock transaction valued at US$6 billion. McDermott's DB 50. The companies say the merger will create…
US explorer W&T Offshore's ST 224 #1 exploration well, in the South Timbalier license in the US Gulf of Mexico, was considered water bearing, according to partner Otto Energy. The well was drilled in 170ft water depth using the Enterprise 264 jackup and reached a total measured depth of 10…
Cobalt International Energy reported today (14 December) it has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. But the company says it plans to conduct business as usual, with enough cash…
Shell has awarded a contract to UK forge Sheffield Forgemasters for castings for use on the Vito semisubmersible platform for the US Gulf of Mexico (GoM). The project will see the Sheffield Forgemasters' offshore oil and gas specialist…
Halliburton has released the Geometrix 4D shaped cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs. “The launch of Geometrix cutters demonstrates our…
Eni now estimates Area 1 in Mexico’s Campeche Bay to contain between 1.4 to 2 billion boe – 90% of which is oil -- thanks to Eni’s successful Tecoalli-2 well and revision to the reservoir models for the Amoca and Mitzon fields. Mexico's…
Mexico’s state-owned firm Pemex has canceled its tender for the Nobilis-Maximino farm-out that was scheduled to coincide with the country’s next deepwater round (2.4) in January. Juan Carlos Zepeda, president commissioner…