W&T Offshore has secured the Enterprise Offshore 264 jackup rig to drill the South Timbalier Block 224 condensate prospect in the US Gulf of Mexico, says partner Otto Energy. According to Otto, W&T expects to spud the well in Q4. The prospect is in approximately 170ft of water…
With US lawmakers prepared to hit Russia with more sanctions*, the domestic oil and gas industry is bracing for what potential impacts may come. Karen Boman lays out concerns voiced at a July Atlantic Council Event. [*Update] The US Senate…
The Water Power Technologies Office (WPTO) and Oregon State University have concluded detailed negotiations around the development and operation of the Pacific Marine Energy Center South Energy Test Site (PMEC-SETS), a world-class wave energy…
Mexico’s National Commission of Hydrocarbons (CNH) announced that 30 blocks will be offered in the country’s second deepwater round on 31 January 2018. Image of Mexico's first deepwater round held in December 2016…
Noble Corp. has appointed Robert W. Eifler as vice president and general manager – Marketing and Contracts, effective 17 July 2017. In his new role, Eifler will be responsible for Noble's worldwide marketing and contracts efforts, based…
Some 75.9 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida are to be offered for oil and gas exploration and development, US Secretary of the Interior Ryan Zinke announced. Image from BOEM…
Royal Dutch Shell encountered hydrocarbons in the initial Whale exploration well in the deepwater Gulf of Mexico. Noble Globetrotter I. Image from Huisman. The well was safety…
Map of Anchor, from Chevron. Houston’s Cobalt International Energy has entered into a definitive agreement with its co-owners in the Anchor development to unitize and include Cobalt’s…
The US Bureau of Ocean Energy Management (BOEM) has approved Eni’s exploration plan (EP) to drill four wildcats at the company’s Spy Island Drillsite (SID) in the Beaufort Sea. Map of Spy Island…
Trendsetter Engineering has successfully completed live well operations with their new 15,000 psi subsea hydraulic intervention system (referred to as STIM). Trendsetter's STIM. Image from Trendsetter…
Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software, Roxar RMS 10.1. RMS 10.1. Image from Emerson. Through even…
Eni has increased its estimate of resources in place at the Amoca field offshore Mexico to 1 billion boe, following a successful appraisal well that is prompting the Italian giant to accelerate its development plan. Map from Eni…
Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
Upon completing the analysis of royalty rates for offshore oil and gas leases, the US Bureau of Ocean Energy Management (BOEM) has decided to lower royalty rates for the Gulf of Mexico Lease Sale 249. BOEM has set the royalty rate at 12…
Statoil and partner Husky Energy have failed to discover hydrocarbons in the Flemish Pass Basin, offshore Newfoundland, the Norwegian giant announced today (10 July). The West Aquarius. Image from Seadrill…
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