The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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President's Column
  • This month’s column offers an inside look at SPE’s governance, highlighting the Board of Directors and the selection process for its members. SPE President Olivier Houzé revisits lessons from the 2022 SPE-AAPG merger discussions and wraps up with actionable ideas to boost transparency and member engagement.
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