Deepwater

Field Development , Deepwater

BP, Reliance Start Gas Production from Asia’s Deepest Offshore Project

BP and Reliance are developing three deepwater gas projects off the coast of India, which together are expected to meet roughly 15% of the country’s gas demand by 2023, the companies say.

December 18, 2020

Deepwater

BP and Ithaca Start Production at Vorlich Field in North Sea

BP and Delek Group-owned Ithaca Energy have started oil and gas production at the Vorlich field in Britain's central North Sea, the companies said on Thursday.

November 26, 2020

Deepwater , Seismic

E&P Regional Report: Wet Gas Prospect Spurs Resource Development in Andaman Sea

Development for Southeast Asia looks promising with exploration programs planned for 2021 and 2022.

November 19, 2020

Deepwater , Technology

E&P Tech: Digital Predictive Analysis for Remaining Life of Offshore Assets

Technology is increasingly playing a huge role in helping oil and gas operators use data to help better manage their offshore assets.

November 13, 2020

Deepwater , Acquisitions & Divestitures

Hess Completes $505 Million Sale of Deepwater Gulf of Mexico Field

BHP, operator of the Shenzie Field, had agreed in early October to the acquisition of Hess’ 28% working interest in the deepwater Gulf of Mexico field for $505 million.

November 9, 2020

Deepwater , Technology

Weatherford Achieves Industry-first in Gulf of Mexico

Milestone recorded as one-trip sidetrack sets record in the Gulf of Mexico.

November 2, 2020

Field Development , Discoveries , Deepwater , Shale Plays

E&P Regional Report: South America’s Pending Success to Overshadow Harsh 2020

Upstream activity will fuel the region as a leader on the road to recovery.

October 20, 2020

Reservoir Evaluation , Deepwater , Shale Plays , Digital Oilfield , Logistics , Well Stimulation

Weatherford Launches ForeSite Sense Reservoir Monitoring Solution

Weatherford International Plc has launched ForeSite Sense, the world’s most comprehensive reservoir monitoring solution that shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow, the company said on Oct. 5.

October 6, 2020

Public Capital , Deepwater , Acquisitions & Divestitures

Hess Sells Stake in Deepwater Gulf of Mexico Field for $505 Million

Hess agreed to sell its stake in the Shenzi Field in the deepwater Gulf of Mexico to field operator BHP as it looks to deepen its investment offshore Guyana.

October 5, 2020

Public Capital , Deepwater , Acquisitions & Divestitures

Kosmos Energy Sells Frontier Exploration Assets in $200 Million Farm-down to Shell

Proceeds from its farm-down to Shell enables Kosmos Energy to accelerate high-graded exploration opportunities in “proven basins that offer superior returns with shorter payback,” CEO Andrew Inglis says.

September 9, 2020