Deepwater Oil Drilling: US & Gulf of Mexico

GoM Lease Sale 235 draws heavy deepwater interest

In the US Central Gulf of Mexico Lease Sale 235, deepwater and ultra-deepwater tracts drew the most bids. 

Central GoM lease sale garners $539 million in high bids

The Department of the Interior’s Bureau of Ocean Energy Management held an oil and gas lease sale for the Central Gulf of Mexico that drew $538,780,056 in high bids for tracts on the US outer continental shelf. 

Big Foot on way to Walker Ridge in GoM

Chevron’s Big Foot semisubmersible production platform is on its way to installation in the Walker Ridge area of the US Gulf of Mexico. 

BP report: GoM environment returning to pre-spill conditions

BP has released a report finding that the Gulf of Mexico environment is returning to its baseline condition in the five years since the Deepwater Horizon oil spill.

EIA predicts continued growth in GoM oil production

The US Energy Information Administration expects oil production in the Gulf of Mexico to continue increasing through 2016.  

Western GoM lease sale to include 4,000 blocks

The Bureau of Ocean Energy Management (BOEM) has announced it will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area.

Online exclusive: Mexico’s bidding round for shallow water kicks off

The Mexican National Hydrocarbons Commission recently published the bidding and contract terms for the first 14 oil and gas areas in shallow waters.

Williams and DCP commence gas flow from ultra-deepwater GoM pipeline

Williams and DCP Midstream Partners, LP announced that the new extended Discovery natural gas gathering pipeline system has come online. 

New rig tracking service sees modest decline in GoM activity

Gaffney, Cline & Associates (GCA) has launched a new weekly commentary and tracking service that reviews US onshore and Gulf of Mexico (GoM) rig activity.

BOEM identifies GoM lease sale acreage

The US Interior Department and Bureau of Ocean Energy Management (BOEM) plan to offer 41.2 million acres for oil and gas exploration and development in the Gulf of Mexico Lease Sale 235 that will be held in New Orleans on March 18, 2015.


Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices over the past six months has brought many areas of the oil and gas industry to a standstill. Yet while some s...

Standardization of Offshore Production Systems

The EPC strategy and an update on the construction of the eight units will be presented as well as an overview of future opportunities.

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Offshore Top 5 Projects - 2014

The editors of Offshore have made their choices for the winners of the Five Star Award – the top five offshore field development projects for 2014....