Llog News

 

Murphy Oil to Buy LLOG's GoM Assets

Apr 23, 2019

Oil and gas producer Murphy Oil Corp said on Tuesday it would buy Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for at least $1.38 billion in cash in a move to strengthen its position in the region that saw record production last year…

McDermott Wins Subsea Tieback Work for Stonefly

Jan 28, 2019

McDermott International announced Monday it has secured a contract from LLOG Exploration Company to install the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform approximately…

LLOG Exploration Reports Deepwater Exploratory Discovery

Jan 15, 2019

The  deepwater exploration company operating primarily in the Gulf of Mexico  reported the drilling of a successful discovery on its Nearly Headless Nick exploratory prospect on Mississippi Canyon Block 387 in the deepwater Gulf of Mexico.Louisiana…

BP: New Tech Unlocks 'Significant Growth' in GoM

Jan 08, 2019

BP announced Tuesday it will move forward with its $1.3 billion Atlantis Phase 3 development after recent breakthroughs in advanced seismic imaging and reservoir characterization revealed an additional 400 million barrels of oil in place at the Gulf of Mexico’s third largest oil field…

Scott Gutterman to Join Beacon Offshore Energy as Chairman and CEO

Dec 19, 2018

Beacon Offshore Energy, wholly owned by funds managed by Blackstone Energy Partners, an affiliate of Blackstone, announced that Scott Gutterman has joined Beacon as its Chairman and Chief Executive Officer.In addition, industry veterans Paul…

Rowan Drillship Swap

Nov 21, 2018

U.S. offshore drilling contractor Rowan announced on Wednesday that its charter contract with Fieldwood Energy for the Rowan Reliance will be transferred to the Rowan Resolute under the same contractual terms, which includes a one-year, firm term plus three 90-day options…

HHI to Build FPS for LLOG Exploration

Oct 10, 2018

South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI, the world's biggest shipbuilder by orders, said in a stock exchange announcement…

Gulf of Mexico Lease Sale to Test Response to Trump-era Regulations

Aug 10, 2018

A federal auction of exploration leases in the Gulf of Mexico next week will test energy companies' appetite for acreage after the Trump administration left royalty rates for deepwater parcels unchanged, bucking an industry call to lower them…

LLOG pipeline leaks 16,000 bbl into GoM

Oct 20, 2017

New figures released by the US Coast Guard (USCG) and the Bureau of Safety and Environmental Enforcement (BSEE) show that approximately 16,000 bbl (672,000 gallons) of oil have discharged from a damaged pipeline, operated by Louisiana’s LLOG Exploration…

BSEE investigates LLOG leak in GOM

Oct 16, 2017

An investigation has started into an oil leak from a subsea pipeline near US operator LLOG's Delta House facilities in the Gulf of Mexico.  The leak was discovered last week after a sheen was seen on the surface of the water and reported to the National Response Centre…

LLOG sets out multiple GoM developments

Sep 27, 2017

Deepwater Gulf of Mexico focused LLOG Exploration has set out plans for developing six projects, following successful exploration work in 2016-17, with nine deepwater wells due to be brought online by the end of 2018.  One well is already producing…

LLOG moves on Buckskin development

Sep 07, 2017

LLOG Exploration Co. is moving forward to develop its Buckskin project in the deepwater Gulf of Mexico, signing a deal with Seadrill for the West Neptune to begin work later this year.  West Neptune…

US Lease Sale 249 reaches US$121 million

Aug 16, 2017

The US Bureau of Ocean Management's (BOEM) Lease Sale 249 brought in high bids of US$121 million from 27 companies with a total of 99 bids earlier today (16 August). Image from BOEM Facebook. A total of 90 blocks were offered…

GoM operators set sights on tiebacks

Apr 01, 2017

Even though the downturn has changed many operator’s initial plans, subsea tiebacks have emerged as the economical way to develop many Gulf of Mexico fields. Karen Boman reports. The North Ocean 105 lay vessel…

McDermott completes Otis tieback in GoM

Apr 28, 2016

McDermott International has successfully completed the installation scope associated with the Otis development in the Gulf of Mexico on behalf of LLOG Exploration Offshore. Image of Delta House…

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