BSEE Awards Contracts for Decommissioning
The decommissioned wells are located in the Matagorda Island Area.
Amplify Approved to Restart Beta Field Operations
Amplify Energy’s approval to restart operations comes a month after the company reached a settlement with shipping companies over damage claims that lead to the San Pedro Bay Pipeline oil spill in October 2021.
Ørsted to Acquire Full Ownership of Ocean Wind 1 Project
Public Service Enterprise Group has agreed to sell its 25% stake in the development offshore New Jersey to Ørsted for an undisclosed price.
Arena Energy Announces Strategic Gulf of Mexico Acquisition
Arena Energy said its acquisition includes a majority interest in two of the largest fields in the shallow water Gulf of Mexico in Eugene Island 330 and South Marsh 128.
Bidding Continues in Historic U.S. Floating Wind Auction Offshore California
The highest bid, so far, is for more than $100 million for a wind lease area offshore central California.
BOEM Reinstates Gulf of Mexico Lease Sale 257
After a roller coaster of events related to the sale, Chevron, Lease Sale 257’s apparent high bidder, is ‘pleased’ with the latest development.
Top 12 Recent Gulf of Mexico Discoveries
November 2021: Shell Hits More than 600 ft of Net Oil Pay at Leopard Prospect
Trump Administration Encourages Offshore Drilling in Final Energy Push
Agency is considering lower royalties; most GoM facilities are producing at less than 25% capacity.
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.
Trump Administration Considers Policy Change for Remote Offshore Wells
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthen extensions to remote wells.