Gulf of Mexico

With funding from the National Academies of Sciences, Engineering, and Medicine, the Argonne National Laboratory will explore using a method known for analyzing nuclear systems to enhance safety in offshore oil and gas operations in the Gulf of Mexico.

This paper discusses how multiple reliable technologies may be used in concert to establish reasonable certainty for reserves estimates through the flexibility provided by the Petroleum Resources Management System.

Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.

The Coastal Virginia Offshore Wind project is expected to power 900,000 homes, support thousands of jobs, and add 2,600 MW of energy to the grid.

The Biden administration postpones Sale 261 while awaiting court ruling.

The $32-million deal nets producer proved reserves of 3.2 million BOE.

The all-stock transaction is the second megadeal to rock the energy industry this month.

The Whale floating production unit, comprising a topside module and a semisubmersible hull, is a near-twin to the previously delivered Vito facility.

Pair joins other E&Ps who have halted work in the area after disappointing results.

While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it.