GOM
Rig Counts , Natural Gas
Repsol to Drop Marcellus Rig in June
Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
Policy & Regulations , Lease Sales , Wind
US Interior Department Releases Offshore Wind Lease Schedule
The U.S. Interior Department’s schedule includes up to a dozen lease sales through 2028 for offshore wind, compared to three for oil and gas lease sales through 2029.
Pipelines , Acquisitions & Divestitures
Report: Crescent Midstream Exploring $1.3B Sale
Sources say another company is considering $1.3B acquisition for Crescent Midstream’s facilities and pipelines focused on Louisiana and the Gulf of Mexico.
Deepwater , Field Development
Deepwater Roundup 2024: Americas
The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Field Development , Artificial Lift , Subsea , Seismic
E&P Highlights: April 22, 2024
Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
Solar , Wind , Renewables , Acquisitions & Divestitures
Nova Clean Energy Acquires BNB’s 1-GW HyFuels Portfolio in Texas
Covering about 25,000 acres on the Texas Gulf Coast, HyFuels’ power supply will be split evenly between wind and solar energy.
Artificial Intelligence , Seismic , Drilling , E&P Tech Trends
Tech Trends: AI Increasing Data Center Demand for Energy
In this month’s Tech Trends, new technologies equipped with artificial intelligence take the forefront, as they assist with safety and seismic fault detection. Also, independent contractor Stena Drilling begins upgrades for their Evolution drillship.
Exploration & Production , Flowlines
Subsea7 Awarded Sizable Contract in GoM
Subsea7 will install a flowline for Talos’ Sunspear development in the Gulf of Mexico.
Crude Oil , Pipelines
US Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten
Pushing up heavy crude prices are falling oil exports from Mexico, the potential for resumption of sanctions on Venezuelan crude, the imminent startup of a Canadian pipeline and continued output cuts by OPEC+.
Tankers , Crude Oil
Enterprise Gains Deepwater Port License for SPOT Offshore Texas
Enterprise Products Partners’ Sea Port Oil Terminal is located approximately 30 nautical miles off Brazoria County, Texas, in 115 ft of water and is capable of loading 2 MMbbl/d of crude oil.