Gulf of Mexico upstream news

Initial development of Unit 1B formally approved and on track for 1Q25. Export of initial oil cargo on track for end of 2024.

Woodside Energy will contribute US$50 000 to the Bayou Community Foundation in support of relief efforts following Hurricane Francine.

The storm developed into a full-blown hurricane at the end of last week, with Francine being the sixth named weather event this year.

Hurricane Francine made landfall last Wednesday on the Louisiana coast, taking some energy infrastructure offline along the US Gulf Coast from Louisiana through Alabama.

In its Short-Term Energy Outlook EIA implemented a new model for forecasting crude oil and natural gas production from the US Federal Offshore Gulf of Mexico.

Talos Energy has announced that its Ewing Bank 953 well successfully discovered commercial quantities of oil and natural gas. Separately, Talos entered into an agreement to participate in the Sebastian prospect, currently drilling in the Mississippi Canyon Block 387 of the U.S. Gulf of Mexico.

Shell Offshore, a subsidiary of Shell, has taken a final investment decision (FID) on a ‘waterflood’ project at its Vito asset in the US Gulf of Mexico.

Chevron has announced that it started oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico.

Transocean has announced a 1095-day contract for the Deepwater Invictus with bp in the U.S. Gulf of Mexico.

Eni has announced a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 km off the coast in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico.