U.S. Offshore
News
January 03, 2024
The Lime Rock and Venice wells were brought safely online in late December 2023 and have achieved an initial combined gross production rate of over 18,500 boed, averaging about 45% oil and 55% liquids.
News
January 02, 2024
The Sparta FPU will feature a single topside bolstered by a four-column, semi-submersible floating hull and is designed to produce 90,000 boed.
News
December 23, 2023
Talos President and Chief Executive Officer Timothy S. Duncan commented, "The proximity of these prospects to our existing assets, including Ram Powell, Pompano, Prince, and Brutus facilities, bolsters our infrastructure-led, near-field strategy in the Gulf of Mexico while providing opportunities to lower the overall carbon intensity of our assets over time.
News
December 20, 2023
In a pivotal moment for American energy policy, National Ocean Industries Association (NOIA) President Erik Milito emphasizes the urgency of Congressional intervention following the conclusion of Gulf of Mexico Lease Sale 261.
News
December 20, 2023
Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales.
News
December 20, 2023
Woodside Energy has awarded a major contract to Mexican company Eseasa Offshore, S.A. de C.V. to supply shore base facilities and services for Woodside’s operations supporting the Trion oil and gas project offshore Mexico.
News
December 20, 2023
Shell Offshore Inc., a subsidiary of Shell plc, has made a final investment decision (FID) for Sparta, a deepwater development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects.
News
December 19, 2023
The U.S. Outer Continental Shelf is estimated to hold 90 Bboe and 327 Tcfg. If developed, these resources could create more than 800,000 American jobs, spur nearly $450 billion in private-sector spending, and generate more than $200 billion in revenue for federal and state governments.
News
U.S. oil companies get last chance to secure drilling rights in Gulf of Mexico with upcoming auction
December 19, 2023
The Interior Department auction, mandated by Congress under last year’s Inflation Reduction Act, will be the last sale of its kind until 2025 — when there may be tighter limits and less territory up for grabs.
News
December 18, 2023
This advanced data acquisition approach not only increases exploration success rates but also contributes to more efficient resource utilization, ultimately reducing operational risks and costs for clients.
News
December 14, 2023
The Kaikias field in the U.S. Gulf of Mexico is a deep-water project that uses a subsea tieback to the nearby Ursa production hub.
News
December 13, 2023
After completion of this campaign in April 2025, these wells collectively are expected to produce up to 22,000 boed at peak rates.
News
December 13, 2023
"The U.S. offshore region is uniquely situated to provide the energy sources Americans rely upon for a high quality of life, while also providing a roadmap for addressing emissions," NOIA President Erik Milito said.
News
November 23, 2023
The companies won’t restart pumping until the source of the leak is secured and appropriate repairs have been made, the Coast Guard said in a statement.
News
November 20, 2023
The U.S. Coast Guard is still trying to find the source of an oil leak estimated to have dumped 26,000 barrels of crude oil into the Gulf of Mexico off the coast of Louisiana.
News
November 19, 2023
(WO) — As a result of the order issued by the United States Court of Appeals for the Fifth Circuit on Nov. 14, 2023, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261 for Dec. 20, 2023.
News
November 15, 2023
A federal appeals court ordered the Biden administration to sell drilling rights in the Gulf of Mexico within 37 days, a defeat for environmentalists who argued oil leasing and development in the region imperil a critically endangered whale.
News
November 09, 2023
The joint venture aims to identify future subsea tie-back exploitation and exploration prospects in the area using Talos's Neptune facility as the host platform.
News
November 05, 2023
"Rather than capitulate to the demands of activist litigants and circumvent the regulatory process, the Administration should resume oil and gas leasing in the Gulf of Mexico," National Ocean Industries Association President Erik Milito said.
News
November 05, 2023
The Energy Workforce and Technology Council applauded the passage of H.R. 4821, the Department of the Interior, Environment, and Related Agencies Appropriations Act for Fiscal Year 2024.
News
November 02, 2023
Lease Sale 261 is the final offshore lease sale mandated by the Inflation Reduction Act and is the only offshore sale scheduled to take place until 2025.