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GOM
Deepwater , Subsea
Subsea Services Market Expected to Top $7 Billion in 2023
Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.
January 31, 2023
Field Development , Acquisitions & Divestitures
Arena Energy Acquires Cox Operating's GOM Shelf Properties
Arena Energy's acquired interests add to the company's ownership interest in the Eugene Island 330 and South Marsh 128 fields in the U.S. Gulf of Mexico.
January 25, 2023
Business , Highlights , Field Development , Discoveries , Deepwater , Technology
E&P Highlights: Jan. 13, 2023
Here’s a roundup of the latest E&P headlines, including gas discoveries onshore the Nile Delta in the North Sea and a host of new contract awards from the past week in the upstream oil and gas industry
January 13, 2023
Public Capital , Exploration & Production
W&T Offshore Prices $275 Million in Private Notes Offering
The company intends to use the net proceeds of the offering, along with cash on hand, to redeem all of its 9.75% senior second lien notes due in 2023.
January 13, 2023
Exploration & Production , Natural Gas , Crude Oil
BP Doubles Crude Output from GoM Thunder Horse Platform
The Thunder Horse platform, about 150 miles southeast of New Orleans, can produce up to 250,000 bbl/d of oil and up to 200 MMcf/d.
January 13, 2023
Acquisitions & Divestitures , Mergers
Talos Energy Closes in on Wrapping Up $1.1 Billion EnVen Deal
Talos Energy said on Jan. 11 company expects to close the transaction soon after a Feb. 8 special shareholders’ meeting.
January 11, 2023
Lease Sales
Marketed: United Oil & Gas Interest in Jamaican Walton Morant License
United Oil & Gas retained Energy Advisors Group (EAG) to market for sale a material interest and operatorship in its 100% owned interest in the 5.5 million acre Walton Morant license in offshore Jamaica.
January 11, 2023
Business , Shelf , Highlights , Emerging Plays , Discoveries , Deepwater
E&P Highlights: Jan. 9, 2023
Here’s a roundup of the latest E&P headlines from the past week in the upstream oil and gas industry, which include ONGC bringing stranded assets online to its “lucky mascot” and Aker Solutions winning the conversion contract for the Petrojarl Knarr FPSO.
January 9, 2023
Field Development , Discoveries , Deepwater
Talos Energy Makes Commercial Discoveries in GoM
Talos reported finding 78 ft of pay in the Lime Rock primary target and 72 ft of pay in the Venice primary target.
January 3, 2023
Business , Exploration & Production , Unconventional , Highlights , Field Development , Emerging Plays , Discoveries , Conventional , Shale Plays , Drilling , Transactions
E&P Highlights: Dec. 30, 2022
Here’s a roundup of the latest E&P headlines, including a field start up and a well drilled to a basin with record depth from the past week in the upstream oil and gas industry.
December 30, 2022