Tag: Deepwater

Chevron drillship arrives deep in the Gulf of Mexico

The Pacific Sharav, built to Chevron’s specifications, will work in the Keathley Canyon under a five-year contract with Pacific Drilling, a Houston-based ultra-deepwater drilling contractor.  More »

BHP Billiton, Pemex sign agreement to share deepwater knowledge

Australian oil and mining giant BHP Billiton and Pemex, Mexico’s national oil company, have signed a deal to share knowledge of deepwater operations, BHP Billiton announced.  More »

Shell announces first oil from Cardamom field in Gulf of Mexico

Shell Oil Co. announced Monday that it had begun production from a subsea project in the Gulf of Mexico that is expected to eventually produce 50,000 barrels of oil equivalent per day.  More »

Pemex seeking partners for Eagle Ford and deep-water work

The booming Eagle Ford doesn’t stop at the Texas border, but for most producers, it essentially does — at least until now. That will soon change.  More »

Growth likely as long as oil stays above $40

Oil companies are rapidly cutting their costs as they produce at higher rates in the United States, with output likely to continue growing as long as oil prices stay above $40 a barrel.  More »

Noble Energy discovers oil and gas at Gulf of Mexico site

The Houston company said it has discovered between 50 million and 100 million barrels of oil equivalent at its Troubadour exploratory well in the deep-water Gulf of Mexico.  More »

Anadarko makes discoveries, boosts earnings

Anadarko Petroleum Corp. reported $929 million in second-quarter profit, compared with a loss of $89 million for the same quarter last year, as improvements in its drilling performance led to five deep-water discoveries.  More »

Ensco adds another drillship to its fleet as deep water booms

Ensco has announced plans to add a drillship to its fleet as demand for the deep-water vessels and platforms continues in the Gulf of Mexico, West Africa and other hot spots.  More »

Drone presence grows at OTC — with video

Drones aren’t just for government agencies or science fiction movies.  More »

Guest Commentary: Safeguards needed as Latin America expands offshore energy efforts

Cameron Wallace, coordinating Helix Energy Solutions outreach efforts in the Caribbean, says the United States should help its Latin American neighbors establish safety measures for offshore development.  More »

Chevron strikes oil more than 6 miles below sea level

Operating in 6,000 feet of water, Chevron announced Monday that an exploration well in the Coronado prospect of the deep-water Gulf of Mexico struck oil off the coast of Louisiana.  More »

Companies announce strong results from Gulf appraisal well

Anadarko Petroleum Corp. and ConocoPhillips said late Tuesday that their Shenandoah-2 well in the deepwater Gulf of Mexico could prove to be one of their largest discoveries in the Gulf.  More »
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