Offshore Exploration: All Eyes On Brazil’s Presalt Basins

Increased E&P activity is expected in the prolific presalt basins of Brazil, which hold billions of barrels of recoverable oil reserves.

February 25, 2020

Field Development , Deepwater

Egypt Agrees To Deepwater Exploration Deal With Exxon Mobil, Chevron, Others

Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said.

February 17, 2020


Top 12 Recent Gulf Of Mexico Discoveries

February 2020: South Timbalier Block 311 Field Well Flows 1.896 Mbbl Of Crude, 3.624 MMcf Per Day

February 13, 2020

Deepwater , Policy & Regulations

E&P Offshore Advances: A Tale Of Two Provinces

Deepwater Gulf of Mexico is set for another year of record oil production while U.S. regulators explore ways to prevent the stranding of resources on the shelf.

January 30, 2020

Public Capital , Deepwater , Acquisitions & Divestitures

Chevron Weighs Exit From Deepwater Project On Economic Risks

Driven by a tough commodity price outlook and regulatory changes, Chevron is considering pulling out of a multibillion-dollar deepwater project offshore Indonesia.

January 28, 2020


Top 20 Cumulative Oil, Gas Producing Wells: Gulf of Mexico

Here are the latest top 20 cumulative oil- and gas-producing wells in the U.S. Gulf of Mexico.

January 3, 2020


Top 20 Field Reserves: Gulf of Mexico

Shell's Mars development and BP's Thunderhorse and Kaskida top the list when it comes to the highest field reserves. The fields are located in the Mississippi Canyon and Keathley Canyon blocks.

January 3, 2020


Equinor Reports Commercial Viability Of Pre-Salt Carcará Discovery In Brazil

Norway's Equinor ASA has submitted to Brazil's oil industry regulator ANP declarations of the commercial viability of two blocs licensed in the Carcara oil field in the pre-salt region of the Santos basin, the company said on Dec. 26.

December 26, 2019

Public Capital , Deepwater , Acquisitions & Divestitures

W&T Offshore Acquires ConocoPhillips Deepwater Assets In US Gulf

The deal adheres to a plan W&T Offshore outlined earlier this year as necessary to drive increased shareholder value from acquisitions, says CEO Tracy W. Krohn.

December 12, 2019

Deepwater , Midstream

Genesis Energy Signs Deepwater GoM Transportation Agreements

Deals with Murphy Oil affect the Khaleesi / Mormont and Samurai field developments through the new King’s Quay floating production system.

December 11, 2019