Deepwater

Deepwater

Top 12 Recent Gulf of Mexico Discoveries

November 2021: Shell Hits More than 600 ft of Net Oil Pay at Leopard Prospect

November 16, 2021

Unconventional , Deepwater , International

Africa Has Sights Set on Hydrocarbon Haul despite Global Shift

Across the African continent, where some 600 million people lack electricity, both well-established and emerging producers are seeking to accelerate hydrocarbon extraction.

November 12, 2021

Field Development , Deepwater

Hess Sees 1 Million Barrel a Day Oil Output from Guyana

Higher production from Guyana, considered a growth engine for Hess, also helped the company offset output declines this past quarter in North Dakota’s Bakken and Gulf of Mexico.

October 27, 2021

Deepwater

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.

October 1, 2021

Deepwater

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.

October 1, 2021

Field Development , Deepwater

BP Starts Production at Thunder Horse Expansion Project in Gulf of Mexico

Thunder Horse South Expansion Phase 2 completes the program of five major project start-ups planned by BP for 2021.

September 28, 2021

Deepwater , Subsea

McDermott Snags Contract for Shell US Deepwater Development

McDermott's Amazon vessel, following a sophisticated upgrade to its ultra-deepwater capabilities, is coming to the Gulf of Mexico to support a subsea contract for the Whale Development in Alaminos Canyon, the company said on Sept. 13.

September 14, 2021

Field Development , Discoveries , Deepwater

Exxon Mobil Expands Offshore Guyana Resource with New Pinktail Oil Find

Exxon Mobil also announced the Liza Unity FPSO vessel to be utilized for the Liza Phase 2 development set sail from Singapore to Guyana in early September.

September 9, 2021

Private Equity , Deepwater , Acquisitions & Divestitures

Quantum Launches HEQ Deepwater with over $400 Million Commitment

HEQ Deepwater, a partnership between Quantum and Houston Energy, recently acquired a stake in the Shenandoah deepwater project in the U.S. Gulf of Mexico.

August 30, 2021

Field Development , Deepwater

Beacon Offshore’s Status Projected to Rise Following Shenandoah Project FID

Once onstream, production from Shenandoah is expected to catapult Beacon Offshore Energy from its current position as the 20th-largest producer in the U.S. Gulf of Mexico to the 10th spot, says Wood Mackenzie analyst Mfon Usoro.

August 26, 2021