Gulf of Mexico

The Bureau of Safety and Environmental Enforcement approved the conversion of the Lena compliant tower platform into an artificial reef under the bureau’s Rigs to Reefs program.

Forty-four percent of oil production and 30% of natural gas production remain shut in as operators return workers to offshore platforms. Production from undamaged facilities are being brought back online once all standard checks are completed. Facilities with damage may take longer to bring back up.

Hurricane Delta leads to shut-ins of 92% oil and 60% gas production in GOM as landfall is expected today.

GOM production shut-ins increased to 80% of the oil and 49% of natural gas. Hurricane Delta weakened from a category 4 storm to a category 2 storm on Wednesday and is expected reach the US Gulf later in the week.

Hurricane Delta is expected to hit Mexico’s Yucatan Peninsula on Wednesday and reach the US Gulf later in the week. Twenty-nine percent of the current oil production and 9% of natural gas production in the Gulf of Mexico is shut in.

The research will focus on potential policy changes that could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico to reduce stranded assets.

Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today.

About 16% of US offshore production in the Gulf of Mexico remains offline after Hurricane Laura caused mass evacuations more than a week ago.

The complete paper provides insight on the commercial drivers that significantly changed floating-production-system (FPS) design philosophy after 2014, with a particular focus on the US Gulf of Mexico (GOM).

In the region’s second bankruptcy of the month all of the operator’s assets will be sold to a private equity energy group, pending court approval.