Tag: Gulf of Mexico

Largest oil and gas lease sale in US history set for Gulf of Mexico in March

Largest oil and gas lease sale in US history set for Gulf of Mexico in March

March 2018 sale to offer 76.9 million acres in Gulf of Mexico U.S. Secretary of the Interior Ryan Zinke announced the Department is proposing the largest oil and gas lease sale ever held in the United States – 76,967,935 acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida, […]

By October 25, 2017 0 Comments Read More →
Hurricane Harvey caused electric system outages, affected wind generation in Texas – EIA

Hurricane Harvey caused electric system outages, affected wind generation in Texas – EIA

 Wind speeds reached 130 mph as Hurricane Harvey made landfall Hurricane Harvey caused substantial electricity outages, as power plants and transmission infrastructure—particularly in south Texas and along the Gulf Coast—were affected by high winds and significant flooding, according to the U.S. Energy Information Administration. At its peak, more than 10,000 megawatts (MW) of electricity generating […]

By September 13, 2017 0 Comments Read More →
Hurricane Harvey headed for Gulf of Mexico region with significant oil/gas infrastructure

Hurricane Harvey headed for Gulf of Mexico region with significant oil/gas infrastructure

Texas Gulf Coast home to nearly one-third of U.S. refining capacity Hurricane Harvey strengthened to a Category 1 hurricane Thursday afternoon and is currently forecast to make landfall over southeast Texas later today or early Saturday, according to the U.S. Energy Information Administration. The National Oceanic and Atmospheric Administration (NOAA) expects Hurricane Harvey to continue to […]

By August 25, 2017 0 Comments Read More →
Permian will lead US crude oil production to record high in 2018 – EIA

Permian will lead US crude oil production to record high in 2018 – EIA

 Many operators experimenting with completion techniques to maximize output per well In EIA’s latest Short-Term Energy Outlook (STEO), total U.S. crude oil production is forecast to average 9.3 million barrels per day (b/d) in 2017, up 0.5 million b/d from 2016, according to the U.S. Energy Information Administration. In 2018, EIA expects crude oil production to reach […]

US news brief July 12: In disaster’s wake, BP doubles down on deepwater despite surging shale

US news brief July 12: In disaster’s wake, BP doubles down on deepwater despite surging shale

Also in this brief: US ethanol production continues to grow, Global rig counts all up in June says Baker Hughes BP’s offshore Gulf Coast development Mad Dog phase two will be profitable even at $40/b oil Seven years after the disastrous Deepwater Horizon explosion and oil spill in the Gulf of Mexico, BP is spending billions every […]

Tropical Storm Cindy forces closure of some Gulf of Mexico oil output, crew evacuations

Tropical Storm Cindy forces closure of some Gulf of Mexico oil output, crew evacuations

Death of child blamed on Tropical Storm Cindy One child is dead in the wake of Tropical Storm Cindy.  CBS News reports the 10-year old boy died after being struck by a log in a storm surge in the Gulf Coast community of Fort Morgan, Alabama on Wednesday. According the the National Hurricane Center (NHC), […]

US natural gas production falls again in April – IHS Markit

US natural gas production falls again in April – IHS Markit

US monthly natural gas production declines second straight month, down 3% year-over-year Lower-48 US natural gas production averaged just 70.2 billion cubic feet per day (Bcf/d) during April 2017—the lowest level in two months—but higher than production levels at the start of the year, according to analysis from IHS Markit. Texas, which in the past […]

Gulf of Mexico crude oil production at annual high, expected to keep increasing

Gulf of Mexico crude oil production at annual high, expected to keep increasing

 In recent years, number of development wells has fallen much faster than number of exploratory wells US crude oil production in the Federal Gulf of Mexico (GOM) set an annual high of 1.6 million b/d in 2016, surpassing the previous high set in 2009 by 44,000 b/d, according to the US Energy Information Administration. In […]

New Shell Gulf of Mexico project approved, first since 2015

New Shell Gulf of Mexico project approved, first since 2015

Shell Gulf of Mexico project to begin in 2019 By Ron Bousso LONDON, Feb 28 (Reuters) – Royal Dutch Shell has given the go-ahead to develop its Kaikias deepwater field in the Gulf of Mexico, the first such project the oil and gas company has approved in 18 months. Oil companies around the world are […]

By February 28, 2017 0 Comments Read More →
Statoil may stop drilling in U.S. Gulf of Mexico

Statoil may stop drilling in U.S. Gulf of Mexico

Statoil says campaign characterised as a ‘failure’ OSLO, Jan 6 (Reuters) – Norway’s Statoil is considering whether to end its costly search for oil and gas in the U.S. Gulf of Mexico, the company’s exploration chief told financial daily Dagens Naeringsliv (DN) on Friday. The company has been part of several discoveries in the region as a junior […]

By January 6, 2017 0 Comments Read More →