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Oil & Gas Production: US & Gulf of Mexico

MWCC conducts first system integration test on Eagle Texas

As deepwater basin exploration and development activity increases, so does the need for more capable and reliable equipment and innovative technology – two subjects of technical sessions at the recent 2014 SPE Deepwater Drilling and Completions Conference in Galveston, Texas.

Sierra Oil & Gas receives financial commitments

Sierra Oil & Gas S. de RL de CV, Mexico's first independent exploration and production (E&P) company, has secured equity commitments of $525 million.

Marine Contracting wins EPCI contract for Cantarell field offshore Mexico

Marine Contracting has received an engineering, procurement, construction, and installation contract (EPCI) from Jord Oil & Gas B.V. to install an interconnecting bridge and tripod support structure for the Cantarell field in the Gulf of Mexico.

Optimism reigns following Mexico’s oil and gas reform

Optimism regarding Mexico’s oil and gas future continues to grow as new rules and operating procedures are rolling out subsequent to last year’s constitutional amendment and the more recent passage of secondary laws by the legislature.

Enterprise, Genesis complete oil pipeline in deepwater GoM

Enterprise Products Partners LP and Genesis Energy LP report that their jointly owned crude oil gathering pipeline serving the Lucius production area in southern Keathley Canyon of the Gulf of Mexico is now mechanically complete and it began earning revenues on July 1.

Hess updates offshore operations

Hess Corp. recently reported operational highlights for 2Q 2014.

Offline wells reduce value in US deepwater Gulf

Wood Mackenzie recently studied the number of days of production per month for more than 1,200 wells in deepwater Gulf of Mexico between 2007 and 2013. Production wells are thought of as flowing more or less consistently. However, these wells can be shut-in for numerous reasons including inclement weather, equipment failure, and on-going maintenance drilling programs like workovers, side tracks, and recompletions. Based on the study, producing oil and gas wells in deepwater GoM were online on average only 79% of the time - less than 10 months in any given year.

Technology delivers unconventional results

The buzz in the US continues to be centered on tight oil and shale formations onshore…and for good reason.

EIA: Energy supplies less vulnerable to hurricane disruption

The US Energy Information Administration says that the surge in the country's crude oil and natural gas production in recent years means that there should be less interruptions to supply if hurricanes disrupt offshore production this summer.

A tipping point for US energy as a diplomatic tool

Through much of modern history, the United States has deployed a variety of diplomatic tools when conducting foreign relations.


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