LLOG Exploration
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The El Dorado, Arkansas-based Murphy has quickly found a home for some of the cash it will receive from the sale of its Malaysia business. The company has been rapidly expanding its US gulf footprint while simplifying its portfolio and targeting more oil.
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The pact, which builds on the firms’ current partnership on the Buckskin project, covers four Keathley Canyon blocks including the Leon and Moccasin discoveries.
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LLOG’s subsea pipeline tiebacks and structures connecting the Stonefly development to the Ram Powell platform are scheduled to be installed in Q3 2019.
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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.
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We hear the term “social license” a lot. We have created a new term that people can hide behind and debate endlessly. I believe that we need to take it to the broader level and rethink how we do our work and achieve "community consensus."
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Saudi Arabia, the Permian Basin, and global deepwater areas have vastly different futures predicted. Is it time for a deepwater renaissance?
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