Lease Sale 257, scheduled for March 2021, will be the eighth offshore sale under the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program.
Weatherford achieved the industry’s first 12 ¼-in. casing sidetrack, delivering a 22 ft window in a single trip for an ultra-deepwater well in the Gulf of Mexico.
The Walker Ridge programme covers approximately 300 OCS blocks including two priority areas of significant industry interest.
Coretrax is delivering significant operational efficiencies for operators with its latest expandable technology.
The FPSO will be located in the Area 1 block, approximately six miles (10 km) off the coast of Mexico in the shallow waters of the Campeche Bay.
The study will examine specific economic parameters used by BOEM and BSEE for new and high-cost technologies like extended-reach subsea tiebacks.
The survey is anticipated to start in December 2020 with a project duration of approximately 80 days.
The US government said 21%, or nearly 396 000 bpd, of offshore crude oil production and 25%, or 685 million ft3/d, of natural gas output were shut in the US Gulf of Mexico.
Lease Sale 256, originally scheduled for August 2020, will include approximately 14 755 unleased blocks – all of the available unleased areas in federal waters of the Gulf of Mexico.