Exploration

78M acres up for grabs in Gulf of Mexico lease sale

U.S. Secretary of the Interior David Bernhardt announced last week that the Bureau of Ocean Energy Management will offer over 78 million acres in...

Angelle: Shallow-water drilling on a ‘shot clock’

Despite an estimated $20 billion in oil and natural gas waiting to be drilled, shallow-water areas of the Gulf of Mexico remain in steep...

Dallas Fed: Oil patch firms plan spending cuts in 2020

About half of oil field service firms in the oil patch region plan to cut spending in 2020, the Federal Reserve Bank of Dallas...

2 deepwater projects off Louisiana coast advance

Two deepwater projects in the Gulf of Mexico off the coast of Louisiana are advancing, The Maritime Executive reports. Chevron and Total have decided to...
Gulf

Outlook is improving in the Gulf of Mexico

Deepwater permits are rising and rig utilization is growing in the Gulf of Mexico, indicating rising confidence after four years of declining drilling, Petroleum...

Gator Technologies expands downhole tool operations to Broussard

Gator Technologies, a provider of downhole tools, has expanded its operations in Broussard. The new facilities will provide purpose-built space to support Gator’s bottom hole...
Southern Energy Conference

Southern Energy Conference takes on politics, Austin Chalk

Showing their strength in numbers, the combined memberships of Louisiana’s two oil & gas associations jointly presented the inaugural Southern Energy Conference last week...
Gulf

Companies bid $159.9M for federal Gulf leases

Oil and gas companies offered high bids of $159.4 million last week for federal leases in the Gulf of Mexico, down from sales in...

W&T Offshore: Sitting on 100 million barrels of additional reserves off Louisiana coast?

Gulf of Mexico operator W&T Offshore believes it may have as much as 100 million barrels of additional reserves at its legacy Mahogany Field...

Chevron mulling projects off Louisiana coastline

After a few years of relatively light activity in the Gulf of Mexico, Chevron said last week it is again looking at potential large...

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