Gulf of Mexico

The BSEE report shows that since yesterday, oil production has improved slightly, while gas production has decreased slightly in the Gulf of Mexico as a result of Hurricane/Tropical Storm Harvey’s ongoing effects.

Industry interest in US Gulf of Mexico acreage declined in the number of bids and the dollars offered at the latest federal lease sale, compared with the prior sale. But there was still some confidence shown in higher risk prospects.

M2 Subsea, a provider of ROV services, formed an alliance with vessel operator Harvey Gulf Marine International to provide subsea ROV services in the Gulf of Mexico.

Crude oil production in the United States is expected to approach 10 million B/D in 2018 and surpass a previous high achieved in 1970, according to the latest US EIA forecast.

Deepwater coiled-tubing (CT) well interventions can benefit from significant rig-time reduction and cost savings associated with improved efficiencies of surface processes.

A BP flow assurance engineer discusses the shift in hydrate management strategy from complete avoidance to risk mitigation for an offshore dry tree facility.

One of the oldest deepwater platforms in the Gulf of Mexico has become a profit-leader for the oil major during this downturn and is now a model for the company’s other floating assets.

New figures show that the facilities working in the Gulf of Mexico achieved higher crude output in 2016 than at any other period.

The international major's low-cost development plan calls for a subsea tieback that will transport oil and gas through a single flowline to an existing floating production facility.

Completed 11 months ahead of schedule, BP’s Thunder Horse South Expansion project furthers the company’s deep water agenda.