Offshore Drilling & Completion: US & Gulf of Mexico

Offshore US rig count holds steady

Baker Hughes count of rigs operating offshore US held steady last week at 54. Of this number, 53 were in the Gulf of Mexico.

Noble Energy’s Madison GoM exploration well comes up dry

The Madison exploration well in the Gulf of Mexico did not encounter commercial hydrocarbons. 

Gulf E&P remains active despite falling oil prices

As the offshore industry moves into 2015, E&P activities remain robust in the Gulf of Mexico. Demand for deepwater services remains strong, but the combined impact of falling oil prices and rising project costs are beginning to take a toll in some areas, notably in older and shallow-water fields. Work is also winding down in some areas as a number of field development projects are coming onstream.

Chevron makes another Lower Tertiary GoM deepwater oil discovery

Chevron Corp. has made an oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. 

DeepStar study assesses cost-effective dry tree solutions

DeepStar evaluated a large number of novel concepts for a common design basis, focusing on identification and characterization of key technical performance parameters, constructability, and economic factors. The economic factors are most important for these designs to be considered attractive for development of marginal fields with short field life and fewer wells. The authors present the alternative development themes for obtaining dry tree and direct vertical access capability.

Much ado about nothing?

Predicting what will happen in the oil and gas industry over the next six months or a year is proving to be just as difficult as predicting which college team will win a playoff berth, or who will win the next World Cup.

Deepwater production to reach 1.9 MMboe/d in 2016

Production in the deepwater Gulf of Mexico is expected to reach a new peak of 1.9 MMboe/d in 2016, according to Wood Mackenzie's latest outlook.

Oil States tests endurance of ESI 440 Series jacking system

Oil States Industries Inc. has tested the endurance of the Energy Services International (ESI) 440 Series jacking system at Oil States’ pull-test facility in Houma, Louisiana.

Holstein Deep, Dorado drilling positive for Freeport-McMoRan

Freeport-McMoRan Oil & Gas has positive drilling results from its 100%-owned Holstein Deep and Dorado development wells in deepwater Gulf of Mexico. Production from these projects is expected to total 30,000 boe/d in 2016.

LQT provides helicopter station, accommodation units in GoM

LQT Industries LLC has developed and provided a newly designed modular helideck to support helicopter refueling operations and an aluminum building package comprising 11 units that will accommodate 60 personnel on an oil and gas platform in the Gulf of Mexico.

Latest Drilling & Completion News

Maersk takes delivery of third ultra-harsh environment jackup

January 29, 2015 Maersk Drilling has taken delivery of its third ultra-harsh environment jackup, XLE-3, from the Keppel FELS shipyard in Singapore ahead of schedule...

Cost pressures slow investment in TGT project offshore Vietnam

January 29, 2015 SOCO International says development drilling at the Te Giac Trang (TGT) complex in the Nam Con Son basin offshore southern Vietnam remains on track...

Oil price fall to impact Europe’s development spending, survey predicts

January 28, 2015 Wood Mackenzie has issued an overview of the most significant events that impacted the oil and gas sector last year in Europe (excluding the UK and...

Third well under way on Sardar-e-Jangal in Caspian Sea

January 28, 2015

North Drilling Co. has spudded a third exploratory well on the Sardar-e-Jangal oil field in the Iranian sector of the Caspian Sea.

Karoon completes Kangaroo side track well off Brazil

January 28, 2015 Karoon Gas Australia has completed the first of two planned side track wells on its Kangaroo-2 appraisal well in exploration block S-M-1165 of Braz...

Genel Energy writes off Malta, Angola, Morocco programs

January 27, 2015 Genel Energy says it will pull out of its drilling programs offshore Malta, Angola, and Morocco and record a non-cash exploration write-off of arou...

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