Offshore - GOM
The Trion Field is in the Perdido Fold Belt area in the deepwater GoM.
Drill to a total depth of 21,600 ft by the Noble Don Taylor rig, the well logged about 200 ft gross and 130 ft net of true vertical pay, the company said in an update given as part of its 2019 operating and financial guidance.
LLOG said it plans to bring online four development wells from the Who Dat, Mandy and Red Zinger fields plus five wells from three new fields—Stonefly, Buckskin and Nearly Headless Nick—in 2019.
The Atlantis Phase 3 project will include constructing a new subsea production system from eight new wells that will be tied to the existing platform, BP said.
Crude production in the U.S. rose 79,000 barrels per day in October to 11.537 million barrels per day, the EIA said in a monthly report.
Overall, 2018 was the Year of Consolidation as several E&Ps agreed to merge throughout the U.S., including inside and outside the prolific Permian Basin.
Existing infrastructure, falling costs, standardization and exploration prospects are among the attributes that keep the U.S. Gulf of Mexico on Hess’ radar.
DEA Deutsche Erdoel agreed to buy independent Mexican company Sierra Oil and Gas at a time of growing uncertainty over the private sector's role in Mexico's oil industry.
Following the closing the GoM JV with Petrobras, Murphy Oil also raised its full-year capex outlook and expects to use some of the cash flow to accelerate activity in the Eagle Ford.
MLP formed by Shell Midstream Partners and Chevron Pipe Line received first crude on Nov. 21.