Gulf of Mexico
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The offshore plant is expected to produce up to 2.8 mtpa in early 2023. -
Reservoir's permeability prompted a lower peak production estimate at deepwater field.
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The DS-16 is one of four Valaris rigs undergoing reactivation work for new drilling contracts.
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The deal adds 5.5 million BOE of proved and probable reserves.
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The French operator withdraws from flagship deepwater project.
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The industry group called the decision by the court “misguided” and said it will result in significant uncertainty for Gulf of Mexico producers
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The awards will be presented at the Offshore Technology Conference in Houston in May.
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The Gulf of Mexico explorer is building off its offshore learnings to scoop up early carbon capture and sequestrations projects on the US Gulf Coast.
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The author writes that careful calibration of a common, simple rock physics model can provide valuable insights into reservoir and seal elastic properties.
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New find located in Shell’s prolific Perdido Corridor in western US Gulf.
