GOM


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June 2018 U.S. Rig Counts Up 10% from June 2017- S&P Global Platts

HOUSTON (July 10, 2018)  S&P Global Platts Analytics today announced  the total U.S. rig count for June 2018 was 1,163, down 1 (-0%) from May 2018, and up 108 (+10%) from June 2017. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. June U.S ...

OilVoice Press - OilVoice


Posted 5 days agoPress > S&P Global PlattsRigRig Count +6

Subsea 7 Awarded Contract Offshore Gulf of Mexico

Subsea 7 today announced the award of a sizeable (1) contract by Shell as part of the deepwater Vito development, approximately 150 miles south of New Orleans, in the US Gulf of Mexico.  The contract scope covers the project management, engineering, procurement, installation and pull-in of two 12 ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Gulf Of MexicoGOMOffshore +4

Shell Adds Competitive, Deep-Water Production in the U.S. Gulf of Mexico

Shell Offshore, Inc. (Shell), a subsidiary of Royal Dutch Shell plc, announces today the early start of production – around one-year ahead of schedule – at the first phase of Kaikias, an economically resilient, subsea development in the US. Gulf of Mexico with estimated peak production of 40,000 ba ...

OilVoice Press - OilVoice


Posted 1 month agoPress > ShellRoyal Dutch ShellGOM +7

W&T Offshore and Baker Hughes, a GE company Announce Strategic Agreement for Joint Exploration & Development Program of 14 Drilling Projects in the Gulf of Mexico

BHGE to provide a full suite of integrated oilfield services and oilfield equipment including drilling, completions and production, and subsea production systems Latest example of collaboration between product companies aligned to customer's performance objectives HOUSTON--(BUSINESS WIRE)-- ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Baker HughesGEW&T Offshore +5

BP Selects Nexans for its Mad Dog 2 Project in the US

Nexans to Supply Umbilicals and Accessories for BP's Mad Dog 2 Project In Gulf Of Mexico  Nexans Norway will supply static and dynamic umbilicals and accessories for a deep-water oil and gas production development in the United States. The project is part of the five-year frame agreement b ...

OilVoice Press - OilVoice


Posted 2 months agoPress > BPNexansMad Dog +8

Statoil ASA: 2018 First Quarter Results

Statoil (OSE:STL, NYSE:STO) reports adjusted earnings of USD 4.4 billion and USD 1.5 billion after tax in the first quarter of 2018. IFRS net operating income was USD 5.0 billion and the IFRS net income was USD 1.3 billion. The first quarter was characterised by: Solid earnings across all segm ...

OilVoice Press - OilVoice


Posted 2 months agoPress > StatoilOSENYSE +6

Shell Invests in the Vito Development in the Gulf of Mexico

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, today announces the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less than $35 per barrel. This decision sets in motion the constru ...

OilVoice Press - OilVoice


Posted 2 months agoPress > ShellVito DevelopmentGulf Of Mexico +3

U.S. Gulf of Mexico Crude Oil Production to Continue at Record Highs Through 2019

Source: U.S. Energy Information Administration, Short-Term Energy Outlook U.S. crude oil production in the Federal Gulf of Mexico (GOM) increased slightly in 2017, reaching 1.65 million b/d, the highest annual level on record. Although briefly hindered by platform outages and pipeline issu ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > United StatesUSCrude oil +3

USA: Total Further Increases Its Footprint In The Gulf Of Mexico And Becomes Operator Of The North Platte Discovery

Paris – Total has acquired several assets located in the Gulf of Mexico as part of the Cobalt International Energy company's bankruptcy auction sale. Total submitted offers on several assets for a consideration of approximately 300 million dollars and acquires from Cobalt:      On April 5, 201 ...

OilVoice Press - OilVoice


Posted 3 months agoPress > United StatesUSTotal +5

Statoil Completes Acquisition of US Gulf of Mexico Deepwater Discovery

Statoil and Total have completed their acquisition of Cobalt International Energy's 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate prurchase price of USD 339 million. The partners have jointly presented the winning bid for the asset in a bankrupt ...

OilVoice Press - OilVoice


Posted 3 months agoPress > StatoilTotalAcquisition +7

Upward Trend Continues for U.S. Drilling Activity – S&P Global Platts

HOUSTON – S&P Global Platts Analytics today announced the U.S. rig count for March 2018 was 1,095, up 18 (+2%) from February 2018, and up 194 (+22%) from March 2017. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. March U.S. land rig coun ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > S&P Global PlattsUnited StatesUS +6

BP Approves Mad Dog Phase 2 Project in the Deepwater Gulf of Mexico

$9 billion project will bring second platform to the super-giant Mad Dog field at less than half of original cost HOUSTON- BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country despite the current low oil price environment. ...

OilVoice Press - OilVoice


Posted 4 months agoPress > BPMad Dog Phase 2Mad Dog +6

February 2018 Total U.S. Rig Count Reveals Lack of Offshore Progression – S&P Global Platts

HOUSTON – S&P Global Platts Analytics, has announced the total U.S. rig count for February 2018 was 1,077, up 7 (+1%) from January 2018, and up 243 (+29%) from February 2017. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. February U.S. ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > United StatesUSS&P Global Platts +6

IMCA Jones Act Update

IMCA has updated the US Gulf of Mexico vessel data associated with its authoritative study ‘Marine Construction Vessel Impacts of Proposed Modifications and Revocations of Jones Act Letters Related to Offshore Oil and Natural Gas Activities' submitted to the US Customs and Border Protection agency ...

OilVoice Press - OilVoice


Posted 4 months agoPress > GOMGulf Of Mexiconatural gas +4

Noble Energy Announces $750 Million Share Repurchase Program

Company also announces divestment of U.S. Gulf of Mexico business Houston , Feb. 15, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or "the Company") today announced that its Board of Directors has authorized a $750 million share repurchase program.  In additi ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Noble EnergyShare RepurchaseUnited States +5