Harvey Gulf signed an agreement with Bee Mar LLC to purchase all of Bee Mar's vessels and assets.
The purchase will include 10 offshore supply vessels, which will increase Harvey Gulf's fleet to a total of 32 vessels – with 24 deepwater, new generation, offshore support vessels and eight deepwater towing vessels.
Upon closing, Harvey Gulf will have operations in the U.S. Gulf of Mexico, Alaska, Mozambique, Africa, Israel and Saudi Arabia.
The Scoop and Stack plays are still in the money but only with improved well spacing and effective management of frac-driven interactions.
Leasing hot spots, improved drilling metrics and more reveal some silver lining in the cloud hanging over Midcontinent producers.
Emerson’s CTO says while it might be impossible to stop some sort of emissions leak, getting to them quicker can make all the difference.