Chinese offshore oil and gas company CNOOC Ltd. said on Feb. 6 production at its Stampede deepwater oil and gas field in the U.S. Gulf of Mexico has started.
The facility is designed for a gross topside processing capacity of about 80,000 barrels of oil per day, 40 million standard cubic feet of natural gas per day, and 100,000 barrels of water injection capacity per day, it said.
Subsidiaries of CNOOC, Hess Corp., Chevron Corp. and Statoil ASA each have a 25% stake in the project, while Hess is the operator.
Here’s a quicklist of oil and gas assets on the market including APX Energy nonoperated properties across Illinois and Indiana plus several new packages from Pioneer Natural Resources, Hilcorp Energy and Endeavour Energy Resources.
The acquisition by Dorchester Minerals is expected to add roughly 4,600 net royalty acres located in 27 counties across New Mexico, Oklahoma, Texas and Wyoming.
APX Energy LLC retained EnergyNet for the sale of a package of nonoperated working interest plus proved undeveloped locations in Illinois and Indiana through a sealed-bid offering closing Dec. 9.