Exclusives

saudi_arabia_kuwait_al-khafji_oilfield

Production from Al-Khafji field will be less than 50% of the field’s initial production capacity.

Gulf of Mexico, lease sale, 251, Mike Celata, Bureau of Ocean Energy Management, Exxon Mobil, Hess, Chevron, Shell, Wood Mackenzie, William Turner, National Ocean Industries Association, bids, lease, Randall Luthi

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

Gulf of Mexico, lease sale, Wood Mackenzie, Kosmos Energy, Gulf of Mexico oil production, Bureau of Ocean Energy Management, Kosmos Energy, Andy Inglis, William Turner, Mfon Usoro, National Ocean Industries Association, Tim Charters

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

Kosmos Energy, Pontoenoe, Andy Inglis, Andrew Inglis, Tullow, John Christmann, Guyana oil and gas, Suriname, Exxon Mobil, Apache

The Guyana-Suriname Basin has an estimated resource potential of more than 13 billion barrels of oil, according to the U.S. Geological Survey.

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.