updated Thu. May 30, 2024
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Offshore Oil and Gas Magazine
February 2, 2018
The number of drilling rigs in the Gulf is down by three, from 22 to 19, compared to last year, according to the Baker Hughes rig count of Dec. 15, 2017. ... It also reported that the Calpurnia exploration well in Green Canyon block 25 encountered nearly 60 ft of oil pay in Miocene-aged sands. Calpurnia isÃÂ ...
WorldOil
January 31, 2018
THE HAGUE -- Shell Offshore Inc. has announced one of its largest U.S. Gulf of Mexico exploration finds in the past decade from the Whale deepwater well. The well encountered more than 1,400 net ft (427 m) of oil bearing pay. Evaluation of the discovery is ongoing, and appraisal drilling is underway toÃÂ ...
New York Times
January 16, 2018
The explosion of the Deepwater Horizon oil rig was one of the worst environmental disasters in United States history, spilling millions of gallons of crude ... The Deepwater Horizon disaster led to a series of new safety regulations for offshore oil drilling, which the Trump administration is preparing to roll backÃÂ ...
DeSmog Canada
January 15, 2018
... to twice the depth of the well beneath the Deepwater Horizon offshore drilling rig. The Deepwater Horizon exploded and sank in the Gulf of Mexico in 2010 after the Macondo well, located 5.6 kilometres below surface, blew out — resulting in the deaths of 11 men and the largest marine oil spill in history.
New York Times
January 8, 2018
Interior Secretary Ryan Zinke proposes to open up vast areas of America's offshore federal waters to oil drilling, much of them in coastal waters that President ... At the same time, Mr. Zinke proposes to roll back safety regulations for offshore drilling rigs put in place after the 2010 Deepwater Horizon blowout,ÃÂ ...
Newsweek
January 8, 2018
The Trump administration is making an enormous mistake in proposing to ease regulations that were adopted after the 2010 Deepwater Horizon disaster. Deepwater was the worst oil spill in U.S. history. Eleven workers died in the explosion and sinking of the oil rig, and more than 4 million barrels of oilÃÂ ...
NOLA.com
December 6, 2017
... Deepwater Horizon drilling rig exploded and sank, killing 11 men and sending oil gushing into the Gulf of Mexico. The spill, which sent tar balls onto beaches all along the Gulf, was lethal to birds and marine life and, by extension, the seafood and tourism industries. By the time the BP well was sealed ...
WorldOil
December 6, 2017
LONDON -- African Petroleum, an independent oil and gas exploration company with licence interests in four countries offshore West Africa, has ... reductions in ultra-deep water drilling together with the materiality of the prospects identified by the Subsidiary Companies on the SL-03 and SL-4A-10 licences.
Miami Herald
December 6, 2017
Republicans have little room for dissension as they debate a plan to overhaul the nation's tax system, and the Senate wooed Alaska Sen. Lisa Murkowski by including a provision that allows oil exploration in a portion of Alaska's North Slope. That doesn't sit well with some moderate House Republicans, ...
Madison.com
December 4, 2017
Since the oil price slump began in 2014, some prominent offshore rig operators have struggled -- including Transocean (NYSE: RIG) and Ensco (NYSE: ESV), ... That brings us to the big reason I'd be hesitant to buy Seadrill Partners right now: There's no guarantee that the offshore drilling industry is likely to ...
OilPrice.com
December 4, 2017
OPEC and Russia-led non-OPEC oil producers left any 'exit strategy' talk out of their agreement to extend the production cut pact through the end of 2018 last week, and now Saudi Arabia's Energy Minister Khalid al-Falih fed the market some hints about what OPEC would do after the cuts. Unless sudden ...
Natural Gas Intelligence
December 4, 2017
The Mexican government has set the final fiscal terms for next year's auctions of deepwater oil and natural gas assets in the Gulf of Mexico (GOM). The Finance ... Bidders competing for the Round 2.4 blocks may also commit to drilling zero to two exploration wells as part of their economic offers. For Round ...
CNBC
November 26, 2017
A lack of investment in oil projects will likely come back to bite the energy market, the CEO of one of the world's largest sovereign wealth funds told CNBC. "When you look at the investments in exploration projects all over the world … It has been depleted, and I believe we will see the results of that in the ...
WorldOil
November 15, 2017
HOUSTON -- Oil and gas production from deepwater projects play a significant role in the Nation's energy program. Bureau of Safety and Environmental Enforcement Director Scott Angelle stressed the substantial contribution from deep water and how future exploration and development will be critical to ...
WorldOil
November 15, 2017
LONDON and DUBAI -- ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that its subsidiary ADES S.A.E has entered into a long-term joint venture ...
Seeking Alpha
November 14, 2017
This article is inspired by comments to my previous article on Transocean (NYSE:RIG), titled "This Key Comment From Transocean Was Unnoticed By Investors." In the article, we started a ... No major oil company will invest in deepwater anymore, as all the money will be going to shale. The third blow is a ...
Seeking Alpha
November 14, 2017
Transocean Ltd. (RIG) is looking like a better and better bet for a rebound as oil continues to hold its gains over the year while uncertainty in the space ... for oil, from the end of the summer, has continued in a steady climb up as pullbacks are quickly seen as buying opportunities both for Brent as well as WTI.
NPR
November 5, 2017
The oil industry has struggled to solve its diversity problem despite having some ... to taking on complicated challenges (think deep-water offshore drilling and fracking). .... on workforce development at the American Petroleum Institute. ... It was directed at the head of a drilling rig company who promoted a ...
New York Times
October 27, 2017
But it also was a test to see if oil companies were still interested in pursuing expensive deepwater projects, given that oil prices are still ...
Houma Courier
October 26, 2017
LAFAYETTE -- Two keynote addresses on different days of the Louisiana Gulf Coast Oil Exposition offered divergent views on the future of oil ...
Augusta Free Press
October 26, 2017
Even small amounts of oil made birds near Deepwater Horizon sick, Virginia ... Photos from the Deepwater Horizon Oil Spill on April 20, 2010 show ... as well as industry, and includes numerous high-profile chemical spills and ...
Government Accountability Project (blog)
October 26, 2017
Broken deep-sea drilling equipment, when unaccompanied by ... This is probably the largest spill in the Gulf since the 2010 Deepwater Horizon disaster. ... And, of course, the ocean is vast – enormous spills may well go ...
WorldOil
October 25, 2017
LAGCOE 2017: Deepwater Gulf of Mexico E&P can be sustainable at less ... Louisiana Gulf Coast Oil Exposition (LAGCOE), Malone said that BP is ... such as canceling high-cost projects, canceling rig contracts or lessening ... He noted that deepwater exploration wells have topped $200 million per well in ...
bestofneworleans.com
October 24, 2017
The count: gallons of oil spilled into the Gulf of Mexico after an ... gallons of oil in 5,000-feet-deep water about 40 miles off the coast of ... It's a fraction of the amount of oil discharged over months by the Deepwater Horizon rig, ...
Financial Post
October 23, 2017
Deepwater Horizon hero Mike Williams has a message for Calgary oil executives ... Williams, the chief electronics technician on the rig who was ... More than four million barrels of oil flowed from the well over an 87-day period, ... he was in charge of all its computer systems, said offshore drilling at the time ...
Houma Courier
October 22, 2017
The move by the world's biggest offshore-rig operator signals just how ... The offshore-drilling business enjoyed the highest of highs when oil topped ... Companies including BP and Anadarko Petroleum could lease out an ...
E&P
October 21, 2017
HOUSTON—Mexico is preparing to unleash more bidding rounds, Round 3.2 featuring onshore conventional resources and a tender for ...
Seeking Alpha
October 21, 2017
Crude oil activity is in what I believe to be a "priceless recovery," whereby drilling activity is recovering in the key places of swing production, ...
Green Left Weekly
October 20, 2017
Chevron has become the second big oil company to abandon plans to drill for ... site of the Deepwater Horizon oil spill of 2010, which was the largest ... The Australian Petroleum Production and Exploration Association ... oil company Statoil, which plans to drill one exploration well before the end of 2019.
Phys.Org
October 19, 2017
Photos from the Deepwater Horizon Oil Spill on April 20, 2010 show heartbreaking images of deceased or soon-to-be-deceased sea life—birds ...
Chron.com
October 19, 2017
More than $5 million in funds related to the Deepwater Horizon oil spill has been set aside for five projects in Galveston Bay, including ...
The Sun Herald
October 19, 2017
Future looks bleak for deepwater drilling after companies scrap oil rigs ... The move by the world's biggest offshore-rig operator signals just how bleak ... Companies including BP and Anadarko Petroleum could lease out an ...
BloombergQuint
October 17, 2017
(Bloomberg) -- Oil closed near $52 a barrel as investors assessed a report that ... The industry-funded American Petroleum Institute will release its inventory ... at BP Plc's Macondo well that sank the Deepwater Horizon rig.
WorkBoat (blog)
October 17, 2017
The challenge for oil companies is that the region, which lies ... tips the scales in favor of U.S. deepwater, assuming breakeven well costs can ...
Newsweek
October 17, 2017
Authorities are investigating the cause of the biggest oil spill in the ... BP's Macondo well in 2010, which sank the Deepwater Horizon rig, ... out in the deep water, but I don't think there was enough for the oil to sink,” he added.
Seeking Alpha
October 16, 2017
Does one still wonder why Ubiquiti? why now? Or what underlying circumstances might have caused the UBNT, Citron situation to manifest ...
The Advocate
October 16, 2017
Flames from an oil platform explosion illuminate Lake Pontchartrain as .... on Monday referred to natural gas being stored on the platform as well. ... surrounding the Deepwater Horizon rig that exploded in 2010 in the Gulf of ...
WEAR
October 15, 2017
The Coast Guard is responding to a report of a crude oil spill in the Gulf of Mexico. ... damaged pipeline associated with a subsea well 40 miles southeast ... Deepwater Horizon oil rig released more than 3 million barrels of oil ...
Offshore Oil and Gas Magazine
October 6, 2017
ExxonMobil makes fifth deepwater oil discovery off Guyana ... Exploration and Production Guyana Ltd. began drilling the Turbot-1 well on Aug. ... Ltd. holds 30% interest and CNOOC Nexen Petroleum Guyana Ltd. holds 25% interest. ... Next Article | US Gulf of Mexico drilling rig count holds steady at 22Â ...
New York Times
September 27, 2017
But it was also a measure of the industry's interest in tapping deepwater oil fields, among the most expensive to explore, at a time of low prices.
Seeking Alpha
December 31, 1999
Like BP, Shell is a big player in deepwater drilling. It is the third biggest producer in the North Sea and is investing heavily in offshore Brazil. Much like BP, Shell is a fully integrated oil company and pays a generous dividend. Earlier this week Shell gave its annual analyst meeting, which included guidance ...
Offshore Oil and Gas Magazine
December 31, 1999
In the G-1 PML concession, the G-1-15 (G-1-AC-Shift) well was drilled to a depth of 2,350 m (7,710 ft), encountering oil and gas during tests of ...
OilPrice.com
December 31, 1999
In a historic auction for deepwater oil assets in Brazil, the oil majors ... to our ... global deep-water growth options,” Shell Upstream Director Andy ... They seem willing to put up a lot of capital for offshore drilling in a world of $50-$60 oil, ... oil auctions lend a sense of optimism to Brazil's oil sector, as well as ...
National Geographic
December 31, 1999
An explosion at an oil rig Sunday night near Kenner, Louisiana, left at least ... memories of the Deepwater Horizon oil spill that coated the region's ... As well productivity declines, smaller companies have taken over many of ...
Times of India
December 31, 1999
Nearly all deep sea drilling rigs are imported, and a bulk of the ones used in shallow waters to drill wells to probe and produce oil and gas are ...
Zacks.com
September 29, 2017
Transocean (RIG) Ultra Deepwater Drillship Contract to End ... termination for one of its drillships from the oil giant Chevron Corporation (CVXÃÂ ...
New York Times
September 28, 2017
But it was also a measure of the industry's interest in tapping deepwater oil fields, among the most expensive to explore, at a time of low prices.
The Maritime Executive
September 26, 2017
Report: Deepwater Horizon Dispersant Harmful to People ... they had been cleanup workers on the BP's Macondo well disaster, ... oil into the Gulf of Mexico after the Deepwater Horizon rig exploded that April 20 off the coast of Louisiana. ... Fishermen rushed their boats into the fray to coral the oil at sea.
Fox Business
September 26, 2017
Brazil Lets In Big Oil Firms a Decade After Keeping Them Out ... cheaper alternative to deep water ventures like Brazil's, where a single well can cost ... The National Petroleum Agency, or ANP, says 2017 will see roughly 40ÃÂ ...
The Maritime Executive
September 26, 2017
The Coast Guard's role in oil and chemical spill response officially ... an explosion rocked the offshore drilling rig Deepwater Horizon in the GulfÃÂ ...
