Offshore - GOM

US GoM Lease Sale Nets More Than $178 Million In High Bids

Preliminary sale statistics show 29 companies placed 171 bids on 144 blocks in the U.S. GoM.

Aug 15 2018 - 1:43pm

W&T Offshore CFO J. Daniel Gibbons Retires

As a result, W&T Offshore appointed Janet Yang, currently vice president of corporate and business development of the Houston-based E&P, as acting CFO.

Aug 14 2018 - 9:05am

Will More Oil Companies Jump Into GoM Action?

As the next U.S. Gulf of Mexico lease sale nears, analysts believe there could be a slight increase in bidding activity.

Aug 13 2018 - 1:21pm

Kosmos To Enter US GoM With Deep Gulf Energy Acquisition

Kosmos CEO Andrew Inglis said he believes a huge opportunity has opened in the U.S. Gulf of Mexico as many competitors leave the region for onshore shale.

Aug 6 2018 - 8:45am

Anadarko Sees Big Oil Growth In Permian, Eyes Powder River Basin

The company plans to begin production from its first full-pad development at Silvertip-A in Loving County, Texas, in second-half 2018.

Aug 1 2018 - 1:09pm

Talos Starts Production At Mt. Providence In GoM

The company said the well began producing July 10, about 60 days before the originally planned completion date in early September. The well was drilled in January by Stone Energy Corp. prior to the closing of its merger with Talos.

Jul 19 2018 - 10:13am

Mexico Shelves Oil Auctions Until After Leftist Leader Takes Office

Lopez Obrador takes office in December following his landslide election victory on July 1. The auctions are scheduled for Feb. 14.

Jul 18 2018 - 3:59pm

Marketed: BP Offshore ORRI Package, Gulf Of Mexico

BP  retained EnergyNet to sell an offshore overriding royalty interest (ORRI) package in the U.S. Gulf of Mexico through a sealed bid offering.

Jul 13 2018 - 10:10am

US Sets GoM Oil, Gas Lease Sale Despite Lackluster Demand

The U.S. Department of the Interior said on July 12 it would hold a record-sized auction for oil and gas leases in the Gulf of Mexico (GoM) in August, in an attempt to spark interest in offshore drilling months after a similar sale received a weak response from energy companies.

Jul 13 2018 - 8:18am

LLOG Exploration CEO Scott Gutterman To Retire

Scott Gutterman joined LLOG Exploration in 1993 and has held several senior positions at the privately-owned E&P focused on deepwater GoM including 12 years as president and CEO.

Jul 11 2018 - 2:30pm