Tie-backs the most preferred profitable option for future developments in US Gulf of Mexico 2018 May-June Press Release Upstream 

Tie-backs the Most Preferred Profitable Option for Future Developments in US Gulf of Mexico

In the deepwater Gulf of Mexico (GoM), the existing pipeline and platform infrastructure have made tie-back opportunities a preferred way to optimize cost and commercialize discoveries, according to GlobalData, a leading data and analytics company. An average daily production of 0.66 million barrels of oil equivalent (boe) is expected to be added to the US oil supply by 2023, from… Read More
C-Innovation Announces New Three-year Subsea Construction Contract with BP 2018 March-April Louisiana Press Release Upstream 

C-Innovation Announces New Three-year Subsea Construction Contract with BP

HOUSTON – April 5, 2018 – C-Innovation, LLC (C-I), an a?liate of Edison Chouest Offshore (ECO) and its family of companies, has secured a three-year contract with BP Exploration & Production, Inc. (BP), the largest energy investor in the deepwater Gulf of Mexico. The contract encompasses subsea construction, inspection, maintenance and repair (IMR) and logistics services in the Gulf of Mexico. With… Read More
Subsea Technology 2018 March-April Features Technology Upstream 

Subsea Technology

Artificial Intelligence and Robotics Pushing Boundaries in Offshore O&G To say times were different when the first Gulf oil well went into service is a bit of an understatement. The year was 1938, and the Superior-Pure State No. 1 well was the first of its kind—if not extremely risky. One mile offshore, the Creole, Louisiana well used very little metal… Read More
Offshore Drilling: Tread Carefully 2018 March-April Upstream 

Offshore Drilling: Tread Carefully

In early February the Trump Administration ended the ban on offshore drilling implemented by Barack Obama late in his term. It was intended to cement his legacy in the protection of the nation’s environment. He had little opposition in the face of the Deepwater Horizon disaster, which killed eleven workers on the offshore rig and spewed oil all along the… Read More
Investment of $97 Billion on Top Ten Offshore Oil Projects to Add Over 1.6 Million barrels per day by 2025 2018 January-February Upstream 

Investment of $97 Billion on Top Ten Offshore Oil Projects to Add Over 1.6 Million barrels per day by 2025

Over $151.5 billion in capital expenditure will be spent over the lifetime of the top ten offshore oil projects to produce 14.3 billion barrels of crude, according to GlobalData, a leading data and analytics company. These ten projects, selected from 236 upcoming offshore projects globally, will contribute incremental capacity of 1,613,319 barrels of oil per day to global supply by… Read More
U.S. Oil Production Exceeds 10 Million Barrels Per Day 2018 January-February Alex Mills Contributors Texas Upstream 

U.S. Oil Production Exceeds 10 Million Barrels Per Day

Just two days after President Trump proclaimed the end of the federal government’s war on energy produced in the U.S., the Department of Energy’s Energy Information Administration announced domestic crude oil production has reached record levels. He also boasted about his aggressive deregulation agenda during his State of the Union address to a joint session of Congress  Tuesday. “We have ended… Read More
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