Gulf of Mexico
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The operator's latest deepwater platform is unlike any the company has built before—diminutive by design. -
Project should add just over 10,000 B/D to Na Kika throughput.
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Brazilian state oil company looks to divest interests in the GOM.
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As the number of discoveries goes down and headwinds increase, the days of the US Gulf of Mexico megaproject could be numbered.
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The offshore plant is expected to produce up to 2.8 mtpa in early 2023.
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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
