Post Tagged with: "Deepwater"

Source: Caliber Midstream

Caliber Midstream Makes North Dakota Acquisition

By Tyler Losier, Energy Reporter, Oil & Gas 360

Caliber Midstream acquires North Dakota assets from American Midstream Partners
Caliber Midstream Holdings L.P., headquartered in Denver, Colorado, has acquired crude oil gathering and transportation assets in McKenzie county, North Dakota

Source: Royal Dutch Shell

Shell Invests in New Deep-Water Gulf of Mexico Project, Sells Assets to Equinor and Noreco

By Tyler Losier, Energy Reporter, Oil & Gas 360

Shell Offshore Inc. makes final investment decision for PowerNap deep-water project in U.S. Gulf
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc (stock ticker: RDS-A, RDS-B), has reached a

WoodMac: Onshore and Offshore Oil Now Have More in Common

WoodMac: Onshore and Offshore Oil Now Have More in Common

From The Houston Chronicle

After much of the energy sector abandoned deepwater drilling to focus on quicker and cheaper shale oil, the offshore and onshore industries suddenly have much more in common than they once did.

The two sectors are …

Shell Starts Production at Appomattox

Shell Starts Production at Appomattox

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Deeper water targets available with new Gulf of Mexico platform
Royal Dutch Shell plc (stock ticker: RDS.A), through its subsidiary Shell Offshore Inc., brought its Appomattox floating production system online

Brazil’s Deepwater Lula North is Now Producing

Brazil’s Deepwater Lula North is Now Producing

Shell And Partners Start Deep-Water Production At Lula North In Brazil

February 1, 2019 - 11:44 am Closing Bell Story‎, Offshore, Press Releases
Slow Deepwater Rebound Threatened by Rising Rig Costs, Falling Oil Prices

Slow Deepwater Rebound Threatened by Rising Rig Costs, Falling Oil Prices

From Houston Chronicle

 

The slow deepwater recovery in the Gulf of Mexico and the rest of the world is now threatened by falling oil prices and the projected cost rise of drilling rigs and other services.

A new report …

November 30, 2018 - 1:30 pm Closing Bell Story‎, Energy News
Total Sees Cash Flow Output Boost From Deep Water Projects

Total Sees Cash Flow Output Boost From Deep Water Projects

From Reuters

Oil and gas major Total, said on Tuesday it expected deepwater oil and gas operations to make a strong contribution to its output and cash flow thanks to major developments in the West Africa’s Gulf of Guinea region, …

Two Ocean Rig Drillships First with ABS Managed Pressure Drilling-Ready Notation

Two Ocean Rig Drillships First with ABS Managed Pressure Drilling-Ready Notation

Technology improves drilling complex deepwater wells

From MarineLog

MAY 1, 2018 — ABS reports that it has awarded the world’s first Managed Pressure Drilling (MPD) –Ready Notation to Ocean Rig for the ABS-classed Corcovado and Mykonos deep water drillships.

The …

Mexico Successfully Completes its First Deepwater GOM Auction

Mexico Successfully Completes its First Deepwater GOM Auction

BHP Billiton wins Trion farmout 

Mexico’s deepwater Gulf of Mexico oil and gas auction, Round 1.4, resulted in eight of the 10 deepwater blocks in the Gulf being awarded to bidders outside of Mexico—a first for a country that has …

Surety Industry Weighs In on New OCS Supplemental Bonding Requirements

Surety Industry Weighs In on New OCS Supplemental Bonding Requirements

Examining new BOEM supplemental bonding requirements for OCS decommissioning obligations: Part 4

In context of the Bureau of Ocean Energy Management’s new NTL 2016-N01, the recently in force Notice to Lessees and Operators in the outer continental shelf (OCS) laying …

Experts Predict Trouble Ahead for Gulf of Mexico Oil & Gas Operators

Experts Predict Trouble Ahead for Gulf of Mexico Oil & Gas Operators

New supplemental collateral requirements could severely damage independent Gulf of Mexico drillers, producers – Part 2

On Sept. 12, 2016, the federal government initiated big changes to its bonding requirements for the financial liability for decommissioning oil and gas assets …

Lost at Sea: Offshore Drillers Face Difficult Road Ahead

Lost at Sea: Offshore Drillers Face Difficult Road Ahead

Oil prices have continued to move upward in recent weeks, and that has spurred the talk of rig counts possibly increasing and production coming back online. As oil prices flirt with the $50 mark, this may become a reality to …

Core Laboratories Acquires Sanchez Technologies

Core Laboratories Acquires Sanchez Technologies

Core Lab (ticker: CLB) only company capable of generating EOR data at 20,000+ PSI in GOM Deepwater Plays

Core Laboratories (ticker: CLB), a global leader in reservoir description, production enhancement and reservoir management services, announced the purchase of Sanchez Technologies …

Gulf of Mexico Continues Strong Performance, Even as Oil Prices Remain Low

Gulf of Mexico Continues Strong Performance, Even as Oil Prices Remain Low

Unconventional wells are becoming more economically difficult as prices remain low

With oil losing more than 50% of its value in six short months, United States shale producers are increasingly feeling the market squeeze as they struggle to competitively price …

Deepwater Drilling Going Deeper

Deepwater Drilling Going Deeper

Maersk Drilling Orders Industry’s First 20-ksi Deepwater Blowout Preventers for 2 Ultra-Deepwater Drilling Rigs

Maersk Drilling (Ticker: MAERSK-B.CO) has ordered four blowout preventers (BOPs) and two risers from GE Oil and Gas (Ticker: GE). The GE Oil and Gas …

June 24, 2014 - 5:36 pm Offshore, Oil and Gas 360 Articles
CAMAC Energy Closes Book on 2013, Prepares for Two 7,000 BOEPD Oyo Field Wells in 2014

CAMAC Energy Closes Book on 2013, Prepares for Two 7,000 BOEPD Oyo Field Wells in 2014

CAMAC Energy Inc. (ticker: CAK) is a Houston-based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The Company was founded in 2005 and has offices in Houston, Texas, Nairobi, Kenya, …

March 14, 2014 - 10:33 am Finance, Oil and Gas 360 Articles
Shell and Partners Dive Deep to Increase Production

Shell and Partners Dive Deep to Increase Production

Royal Dutch Shell Plc. (ticker: RDS.A) expects an increase in production with the kick off of two deep water projects in Brazil. The offshore wells will be drilled in the Parque das Conchas (BC-10) and the Bijupirá/Salema fields

Shell is …

July 22, 2013 - 3:56 pm Oil and Gas 360 Articles

Callon Petroleum Marketing Last Remaining Deepwater Asset

Callon Petroleum (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in Texas, Louisiana and the offshore waters of the Gulf of Mexico. In 2009, Callon began a strategic initiative to diversify its …

April 30, 2013 - 5:41 pm Offshore, Oil and Gas 360 Articles

ATP Oil & Gas Production Exceeds 31,000 BOEPD; Incremental Production Being Added at Telemark

ATP Oil & Gas (NASDAQ: ATPG) announced first oil production at its Mississippi Canyon Block 941 #4 well, the company’s third well brought on production at Telemark utilizing the ATP Titan. More importantly, the well came on at 7,000 BOEPD …

August 24, 2011 - 4:08 pm Oil and Gas 360 Articles