GOM
Highlights , Shale Plays
E&P Plus: November 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.
Deepwater
Top 12 Recent Gulf of Mexico Discoveries
November 2020: Mississippi Canyon Block 794 discovery by Beacon Offshore Energy
Exploration & Production , Lease Sales
Oil, Gas Lease Sale Results Show GoM’s Staying Power
Nearly $121 million in high bids were placed on blocks offered during the Nov. 18 U.S. Gulf of Mexico lease sale.
Exploration & Production , Lease Sales
US Schedules First 2021 GoM Lease Sale for March
Lease Sale 257 would be the first of 2021 and the eighth offshore sale of the current Outer Continental Shelf Oil and Gas Leasing Program.
Exploration & Production , Policy & Regulations
Panel Mulls ‘What If’ Scenarios for Offshore Oil Under Biden Administration
As analysts ponder what regulatory changes could unfold, offshore players ‘stand ready to work with policymakers.’
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Nov. 11, 2020
Here’s a snapshot of recent energy deals including the merger of Denver-Julesburg Basin producers Bonanza Creek Energy and HighPoint Resources in a $376 million deal.
Public Capital , Earnings , Exploration & Production , Emissions , Shale Plays
Occidental Caps 2021 Spending, Sets Net-Zero Emissions Target
Occidental is returning drilling rigs to work in the Permian Basin in the southwestern U.S. and in Colorado this quarter, and returned a drillship to the Gulf of Mexico in early October.
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.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Nov. 6, 2020)
Marcellus shale producers recently completed by Chevron and Southwestern Energy plus an offshore oil discovery in the U.S. Gulf of Mexico by LLOG Exploration top this week’s drilling activity highlights from around the world.
Subsea
McDermott Ships Second Batch of MODEC FPSO Modules
McDermott International Ltd. revealed the second shipment of topside modules for a FPSO unit for MODEC Inc. (MODEC) on Nov. 5.