Oil & Gas Production: US & Gulf of Mexico

Energy XXI closes East Bay field, Grand Isle gathering system sales

Energy XXI (Nasdaq:EXXI) has closed on the sale of its East Bay field for $21 million to a private buyer. 

PEMEX records another GoM platform accident

PEMEX has confirmed an explosion on the oil production platform Akal-H in the Gulf of Mexico. 

Global Data

W&T makes deepwater GOM discovery, turns on taps at Medusa

W&T Offshore has made a discovery at Ewing Banks 910, and has brought the Medusa field, located at Mississippi Canyon 538, onstream.

USCG continues to monitor GoM platform following fire

The US Coast Guard continues to monitor a platform near Breton Island after an on board fire was suppressed Saturday, May 23.

Technip bags engineering contract for Thunder Horse South expansion project in GoM

BP Exploration & Production Inc. has contracted Technip for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit. 

OTC 2015: Chevron exec provides Lower Tertiary update

Steve Thurston, Chevron’s vice president, Deepwater Exploration & Projects, discussed the company’s recent success in the Gulf of Mexico with the Jack/ St. Malo fields at the recent Offshore Technology Conference in Houston.

Delta House has potential to enhance offshore design philosophy

Another revolution is in the works for offshore oil and gas production - one caused by a new semisubmersible production platform named after the home of the boisterous college fraternity in the 1978 comedic film, "Animal House."

Deepwater Gulf remains active amidst low oil prices

E&P activity in the deepwater Gulf of Mexico is proving to be resilient in the face of a sharp decline in oil prices. Six new projects are expected to come online this year, which will bring an additional 177,000 boe/d in new production, according to a recent report by Wood Mackenzie.

GULF OF MEXICO

The Department of the Interior's Bureau of Ocean Energy Management (BOEM) 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 offshore Louisiana, Mississippi, and Alabama.

Webcasts

Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...

Offshore Design Optioneering using Cloud Computing

Cloud computing opens up to offshore engineering teams the opportunity to take advantage of almost unlimited computing power and data storage capab...

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

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pi...
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