News

Atlantis Phase 3 starts up ahead of schedule

The Atlantis Phase 3 project in the deepwater Gulf of Mexico started production in July 2020, BHP revealed in its latest operational review. MIAMI, Florida – The Atlantis Phase 3 project in the deepwater Gulf of Mexico started production in July 2020, BHP revealed in...

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Stena Forth to drill for Tullow offshore Suriname

Tullow awarded Stena Drilling contract offshore Suriname Offshore staff This is in addition to Hess Corp.’s 2020 allocation of $450 million toward exploration and appraisal wells on the Stabroek and Kaieteur blocks offshore Guyana (Hess 30% and...

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HUGE ExxonMobil discovery adds to offshore Guyana oil

ExxonMobil made an oil discovery offshore Guyana at the Mako-1 well southeast of Liza field, marking the 15th discovery on Stabroek block. The discovery adds to previously announced estimated recoverable resources of more than 6 billion boe on Stabroek alone....

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Record Gulf of Mexico oil production expected to continue

Crude oil production in the US federal Gulf of Mexico averaged 1.8 MM b/d in 2018, setting a new annual record, according to the Energy Information Offshore staff WASHINGTON, D.C. – Crude oil production in the US federal Gulf of Mexico (GoM) averaged...

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Tullow finds oil with first well offshore Guyana

LONDON – Tullow Oil has proven oil in the Orinduik license offshore Guyana, the country’s first commercial discovery outside the prolific Stabroek block. The drillship Stena Forth drilled the Jethro-1 exploration well in 1,350 m (4,265 ft) of water, to a TD of 4,400 m...

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BOEM plans Gulf of Mexico lease sale

        02/13/2019 The US Bureau of Ocean Energy Management plans to hold a Gulf of Mexico-wide oil and gas lease sale in March 2019 that will include all available unleased areas in federal waters covering about 78 million acres. Lease Sale 252...

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BP approves expansion at Atlantis field in

BP PLC approved a $1.3-billion expansion at Atlantis field in the Gulf of Mexico and said recent seismic imaging identified 1 billion bbl of additional oil in place at Thunder Horse field. In addition, BP expects its net gulf production will reach about 400,000 boe/d...

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