Current US Drilling Trends and Future Oil Production
Looking at the data of active US oil rigs available from Baker Hughes – which is taken as a proxy for the level of upstream activity in the country – and the US crude production numbers from the EIA shows an evident lag between the two indicators. Between December 2016 and December 2017, when the ...The Gulf of Mexico Keeps Drawing Interest
Of that (relatively large) portion, a fraction was leased in the recent US Gulf of Mexico Lease Sales 253. The results of the US Gulf of Mexico Lease Sales 253 shows that the industry is cautiously optimistic that this won't happen. Main Bids for US Gulf of Mexico Lease Sale 253 New Projects Expected to Reverse Gulf of Mexico Natural Gas Production Declines
Source: U.S. Energy Information Administration, Natural Gas Monthly Natural gas production in the U.S. Federal Gulf of Mexico (GOM) has been declining for nearly two decades. However, 10 new natural gas production fields are expected to start producing natural gas in 2018 and another 8 are e ...New Projects Expected to Reverse Gulf of Mexico Natural Gas Production Declines
Source: U.S. Energy Information Administration, Natural Gas Monthly Natural gas production in the U.S. Federal Gulf of Mexico (GOM) has been declining for nearly two decades. However, 10 new natural gas production fields are expected to start producing natural gas in 2018 and another 8 are e ...Kosmos Energy Ltd - 3rd Quarter Results
DALLAS--(BUSINESS WIRE)-November 5, 2018-- Kosmos Energy Ltd. ("Kosmos") (NYSE: KOS) announced today financial and operating results for the third quarter of 2018. For the third quarter of 2018, the Company generated a net loss of $126.1 million, or $0.31 per diluted share as compared to net loss ...
Eyes on Colorado's Proposition 112 in November 6 Midterm Elections HOUSTON (November 5, 2018) S&P Global Platts Analytics, today announced the total U.S. rig count for October 2018 was 1,174, down 1 (0%) from September 2018, and up 126 (+12%) from October 2017. This rig count includes U.S. onsh ...Hess Reports Estimated Results for the Third Quarter of 2018
Key Highlights: Announced a ninth oil discovery on the Stabroek Block, offshore Guyana, at the Hammerhead-1 exploration well located approximately 13 miles southwest of the Liza-1 well The Hammerhead discovery adds to the previously announced estimate of gross discovered recoverable reso ...TGS and Schlumberger Announce New Multiclient Nodal Seismic Project in US Gulf of Mexico
ASKER, NORWAY (12 October 2018) - TGS and Schlumberger today announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico. The project, named "Amendment," will comprise acquisition of a 2,350-km 2 multiclient seismic survey in the Mississippi Canyon and Atwater Valley protractio ...S&P Global Platts FACTBOX: Utilities, Oil Producers Brace for Hurricane Michael Along US Gulf
With Hurricane Michael expected to make landfall on the Florida Panhandle as a Category 3 storm Wednesday, offshore oil and gas producers were busy evacuating crews and shutting in production Monday. By mid-day, nearly 20% of Gulf of Mexico oil production had been taken offline. That number will l ...
Legacy Platts RigData Evolves its Methodology to Provide More Complete View of Rig Activity - Data Shows Activity Slowing for Texas' Permian, Denver Julesburg and SCOOPS/STACK Shale Basins – NEW YORK (October 4, 2018) – S&P Global Platts, the leading independent provider of information, benchm ...Subsea 7 Awarded Integrated Contract Offshore US Gulf of Mexico
Subsea 7 today announced the award of a sizeable (1) contract by Fieldwood Energy to Subsea Integration Alliance (2) , a global partnership between Subsea 7 and OneSubsea, a Schlumberger company. The award is for the deepwater Katmai field development in the US Gulf of Mexico's Green Canyo ...Interventek Secures £1M Order From PRT Offshore For Their Revolution In-Riser Subsea Safety Valve
Interventek Subsea Engineering has secured recent orders in excess of £1 million for their Revolution in-riser shear and seal safety valve. The orders represent repeat business, from Louisiana based Professional Rental Tools LLC (PRT Offshore) to support well completion and intervention oper ...Subsea 7 Awarded integrated Contract Offshore US Gulf of Mexico
Subsea 7 today announced the award of a sizeable (1) contract by Fieldwood Energy to Subsea Integration Alliance (2) , a global partnership between Subsea 7 and OneSubsea, a Schlumberger company. The award is for the deepwater Katmai field development in the US Gulf of Mexico's Green Canyon 40. ... Following recent statements by Fluvio Ruiz Alarcon, a current advisor to Mexico's president-elect Lopez Obrador team and former Pemex board member, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream se ...TGS Announces New Multibeam and Seep Study Project in the MSGBC Basin
ASKER, NORWAY (18 September 2018) - TGS is pleased to announce its first regional offshore MSGBC SeaSeep Project in the North West Africa Atlantic Margin. The program will cover an area of approximately 113,500 km 2 and will incorporate around 230 cores from the seabed, located bas ...
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