Gulf of Mexico

The president of Chevron North America E&P examines how standardization and operational efficiency is crucial for operators looking to bolster their deepwater portfolios.

US oil production is getting lighter and gas production is spreading as unconventional formations feed export growth.

Falling costs and breakeven prices, increased operational efficiencies, and favorable government policy are at the heart of a potential short-term boon in Gulf of Mexico production.

The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.

Anadarko aims to maximize immediate short-cycle value through tiebacks and platform relocations in the Gulf of Mexico.

Integrated surveillance is critical for understanding reservoir dynamics and improving field management. A key component of the surveillance is areal monitoring of subsurface changes by use of time-lapse geophysical surveys such as 4D seismic.

Platform that once tested the limits of deep water will play new role closer to Louisiana coast.

The Hess-operated field, which drew first oil in January, is expected to produce 80,000 BOPD as production ramps up this year.

The Constitution spar in the Gulf of Mexico has an original nameplate separation capacity of 70,000 BOPD and 200 MMscf/D of gas. Production potential from future developments is expected to exceed this limit.

The two supermajors and offshore powerhouses are assessing the latest Gulf of Mexico discovery.