Shell Pipeline Company has reached a FID for the Rome Pipeline project linking Shell’s Green Canyon Block 19 (GC-19) offshore pipeline hub with the Fourchon Junction facility on the Louisiana Gulf Coast, Shell announced on Thursday
The news agency Reuters has seen something the rest of us haven’t: Internal Mexican government estimates of that country’s future oil production which paint a gloomy picture of rapid decline after 2030. Is this admission just the tip of the iceberg?
Eni announced Monday a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. The preliminary estimates indicate a discovered potential of around 300-400 million barrels equivalents (Mboe) of oil and associated gas in place.
Exploration well Yopaat 1 authorized in Eni’s Area 9 deepwater Gulf of Mexico
Plans to develop production cluster with Yopaat and two other wells in Area 10
Drilling scheduled mid-May to late July with possible sidetrack to August
The geopolitical conflicts that have engulfed the world are making many believe that oil prices can hit the global benchmark of $100 for the first time in almost two years
A U.S. appeals court on Monday gave the Biden administration until Nov. 8 to hold an expanded sale of oil and gas leases in the Gulf of Mexico, the latest development in a legal fight over federal protection of an endangered species of whale.
MEXICO CITY, September 11, 2023 – Perenco has completed an onshore drilling campaign to up oil production at the Santuario and El Golpe permit in Tabasco, Mexico, the UK-headquartered E&P company announced on Friday.
Expanding oil and gas operations drove state economists to forecast New Mexico’s General Fund would grow by about a billion dollars annually for the next two years, according to the latest economic outlook by the Legislative Finance Committee.
Mexico still has a strong potential for oil and gas despite faltering due to nationalisation policies and a poor health and safety record in recent years. Despite a poor track record from Mexico’s state-owned oil company Pemex and the introduction of policies that have pushed away foreign investors, recent developments show that Mexico’s oil and gas industry may have a long way to go before the green transition curbs demand.
MEXICO CITY, April 26, 2023 – Wintershall Dea has made a major oil discovery at the shallow-water Kan prospect on Block 30 in Mexico, the German oil and gas operator announced on Tuesday.