Gulf of Mexico upstream news
Byron Energy starts oil production at South Marsh Island 71
Byron Energy Limited has announced that production has commenced at its flagship South Marsh Island Block 71 (SM71) oil development, in the shallow water of the Gulf of Mexico.
SM 71 update: F1 well completed for production
Production start-up for the F1 well on South Marsh Island Block 71 in the Gulf of Mexico is expected to begin in March 2018.
Noble Energy announces US$750 million share repurchase programme
Noble Energy, Inc. has announced that its Board of Directors has authorised a US$750 million share repurchase programme. In addition, the Company has executed an agreement to sell its deepwater Gulf of Mexico assets to Fieldwood Energy LLC (Fieldwood) for a total value of US$710 million.
CNOOC Limited commences production on Stampede Field
Three production wells are currently completed, and production is expected to ramp up through 2018.
PetroQuest Energy announces sale of Gulf of Mexico assets
PetroQuest Energy, Inc. has announced the sale of its Gulf of Mexico properties on January 31, 2018, but effective as of December 1, 2017.
Shell wins nine key blocks in Mexico deepwater bid round
On 31 January, Shell acquired nine exploration blocks for the Mexican Gulf of Mexico in the deepwater bid round.
Shell announces large deepwater discovery in Gulf of Mexico
The company has announced one of its largest US Gulf of Mexico exploration finds in the psat decade from the Wale deepwater well.
Third successful well result on the SM 71 development
The well reached a total depth of 7717 ft MD in 22 days and ahead of schedule. First production from all three wells is expected March 2018.
Total enters anchor discovery in the Gulf of Mexico
Total has reinforced its position in deepwater Gulf of Mexico by signing an agreement with Samson in order to acquire Samson Offshore Anchor, LLC.
LLOG Exploration Affiliate and Partners commence drilling at Buckskin project in deepwater Gulf of Mexico
The initial phase of the deepwater project consists to two development wells in Keathley Canyon 829 and a six mile subsea tieback to the Lucius plat form at Keathley Canyon 875.