Anadarko Petroleum encountered high-quality oil at its Phobos-1 deepwater Gulf of Mexico well, the company announced on 25 April 2013. Located in Sigsbee Escarpment in Block 39, the company found 250 net ft of oil in lower tertiary-aged reservoirs…
Marine Well Containment Company (MWCC) announced that Mobile, Alabama has been selected as the shorebase location to house the well containment company’s subsea umbilicals, risers and flowlines (SURF) equipment. The MWCC capping stack stands roughly 30ft tall and weighs about 100 tons…
Demand for well intervention services has continued to be strong in the Gulf of Mexico and North Sea, says Helix Energy Solutions. The Houston-based firm said that as well as a recent five year contract for its Q5000 semisubmersible, currently under construction in Singapore…
Seadrill has signed a contract with LLOG Bluewater Holdings for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates…
Après the moratorium of deepwater drilling in the Gulf of Mexico, operators are once again exploring for opportunities offshore. Yet, escalating costs for production facilities can prohibit the profitability of some marginal fields. Jeannie…
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…
The global rig market is strong, with high utilization, high day rates, and nearly 200 offshore drilling rigs under construction. Drilling contractors are changing their fleet makeup, modernizing, streamlining, and concentrating on market sectors…
The Bureau of Ocean Energy Management has released a Final Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sales 233 and 231, the third and fourth sales scheduled in the current 2012-2017 Five Year Program.(Image…
A. The US Department of Energy granted Pangea LNG (North America) Holdings, long-term, multi-contract authorization to export up to 8 million tonnes per annum (mtpa) of LNG to free trade agreement nations from its south Texas LNG Project…
Stone Energy Corp. hired an ENSCO drilling rig for its Cardona program at Mississippi Canyon block 29, the company announced on April 8, 2013.an ENSCO 8500 series drilling rigThe Ensco 8500 series dynamically-positioned deepwater drilling rig…
CGG announced today that its new fleet, with the addition of four high-end vessels from its recent acquisition of Fugro Geoscience, set two new industry records that highlight the strength of its marine capabilities. Firstly, through…
Apache subsidiaries placed high bids on 14 blocks during the most recent Gulf of Mexico Lease Sale 227, the company announced on April 1, 2013.(Image: Chevron-Statoil ASA)Apache said it was the sole bidder on nine shallow water blocks on the continental shelf…
Andrew McBarnet points to the signs that indicate previous enthusiasm for gas hydrate research in the US may be running out of steam. The announcement last month of significant progress in a key gas hydrates research project offshore…
The US Bureau of Ocean Energy Management and US Department of the Interior announced that Central Gulf of Mexico Lease Sale 227 will offer 28.6 million acres off Louisiana, Mississippi, and Alabama. The sale will take place this month in New Orleans…
Chevron encountered more than 400 ft (122m) of net oil pay at its deepwater Coronado prospect well No.1 in the Gulf of Mexico, the company announced on 25 March 2013. Pacific Santa Ana (Image: Pacific Drilling) Coronado comprises Walker Ridge Block 98…
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