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BOEMRE Calls for Public Input on Proposed 2012-2017 Gulf of Mexico Lease Sales

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Information to be Used to Prioritize Areas, Avoid Potential Conflicts NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced it is seeking information and nominations from all interested parties regarding proposed oil and gas lease sales in the Gulf of Mexico Western and Central Planning Areas for the 2012-2017 Outer Continental Shelf (OCS) Oil and Natural Gas Leasing Program. BOEMRE will analyze information received in response to this Call for Information and Nominations (Call), which will primarily identify and evaluate areas with potential for oil and gas development, as well as determine possible environmental effects and potential conflicts in the Call area.  This is in addition to the information collected through the National Environmental Policy Act (NEPA) review process. Comments will be used to develop lease terms and conditions to ensure safe offshore operations. Comments will also be used to assess potential conflicts between offshore oil and gas exploration and development operations and state coastal management programs, and to develop proposed actions and alternatives in the NEPA review process.    “This early planning and consultation step, in addition to the NEPA-related reviews we are conducting, will ensure that all interests and concerns are communicated to us and are appropriately considered in decisions regarding the leasing process


Western GOM Lease Sale Attracts Bids of $337 Million

The Department of the Interior’s Bureau of Ocean Energy Management announced that its Western Gulf of Mexico Oil and Gas Lease Sale 218, held today in New Orleans, attracted $337,688,341 in high bids and included 20 companies submitting 241 bids on 191 tracts comprising over a million acres offshore Texas.   The sum of all bids received totaled $712,725,998. This announcement is consistent with steps President Obama announced in May 2011 to expand domestic oil and gas production


MMS Study of Loop Current in Eastern GOM

A study released by the Minerals Management Service examines the circulation in the Eastern Gulf of Mexico (GOM) and sheds new light on the behavior of the Loop Current (LC) and Loop Current Eddies (LCEs), the relation between the upper- and lower-layer currents, and the variability of water mass characteristics in deepwater. When the LC and the LCE are present in the Gulf near oil and gas activities, operators may have to curtail or amend their operations due to the strength of the current


Gulf of Mexico Oil Production on the Rise

Photo: Nabors

Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016. EIA projects GOM production to reach 1.52 million barrels per day (bbl/d) in 2015 and 1.61 million bbl/d in 2016, or about 16% and 17% of total U.S. crude oil production in those two years, respectively.   The forecasted production growth is driven both by new projects and the redevelopment and


Editor's Note

Despite seemingly best efforts by world leaders, it appears that the wild gyrations ,which are the hallmark of the oil industry, will never truly be tamed. For proof, simply check out the Offshore Market report on page 32, which touts the “lingering $30+” barrel of oil. Between the writing of that piece and this one (about a week), OPEC leaders had met, decided to boost production seven percent and sent oil prices screaming down below the $25 level


Magnum Hunter Reports 2001 Drilling Results

Magnum Hunter Resources, Inc. announced year-to-date 2001 exploration and development drilling results. The company has participated in 28 new wells with a 100 percent success rate. Six of the successful new wells were exploration, three in the shallow water shelf area of the Gulf of Mexico (GOM) and three onshore. The remaining 22 new wells drilled were onshore development locations. The 22 new development wells are located in Texas, southeastern New Mexico, and southern Oklahoma.


Unocal Replaces 101 Percent of Production

Unocal Corporation replaced 101 percent of its worldwide crude oil and natural gas production (excluding sales and price-related revisions) during 1998 with new proved reserves as the company focused on adding value and re-energizing its domestic U.S. exploration program. "In the U.S., our Spirit Energy 76 unit recorded more than 30 discoveries in the Gulf of Mexico shelf and onshore area and added 65 MMBOE in proved reserves through discoveries and extensions, improved recovery and purchases


Unocal Replaces 101 Percent of Production

Unocal Corporation replaced 101 percent of its worldwide crude oil and natural gas production (excluding sales and price-related revisions) during 1998 with new proved reserves as the company focused on adding value and re-energizing its domestic U.S. exploration program. "In the U.S., our Spirit Energy 76 unit recorded more than 30 discoveries in the Gulf of Mexico shelf and onshore area and added 65 MMBOE in proved reserves through discoveries and extensions, improved recovery and purchases


OSI Signs Agreement for Shuttle Tanker

Ocean Shipholdings, Inc. (OSI) has signed an agreement with ConocoPhillips and Samsung Heavy Industries. This agreement grants OSI the rights to the GoMAX 550 shuttle tanker design for transporting crude oil from the deep-water Gulf of Mexico directly to U.S. refineries. The diesel-electric powered, dynamically positioned 80,000 dwt double-hulled tanker design will have a capacity of 550,000 barrels of oil which can be loaded from various floating systems including Floating Production Storage


Rig Count Continues to Climb

According to a June 21 report from DailyMarkets.com, in its weekly release, Houston-based oilfield services company Baker Hughes Inc. reported a rise in the U.S. rig count, reflecting intensified drilling activity in Texas. This was partly offset by the growing oil spill in the U.S. Gulf of Mexico and the ensuing drilling ban in the region that reduced activity. Rigs operating in the state of Texas climbed to their highest level in 16 months


Tanker Lifts One Million Barrels of Crude at Hariga

A tanker left Libya's eastern oil port of Hariga after lifting one million barrels of crude, an oil official said on Thursday. No new tanker was expected in the next few days, said the official, asking not to be named. The terminal located in the eastern city of Tobruk had closed over the


ClassNK Opens Office in Cadiz

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ClassNK has opened a new exclusive survey office in Cadiz, Spain with operations beginning today. Cadiz is a port city located in south-western Spain home to well-established shipyard facilities. The Cadiz Office joins an existing network of five survey offices throughout Spain in Bilbao


Bridge Layout Approved for Oman Navy Newbuilds

Rear Admiral Abdullah Khamis Al Raisi and Ben Wardle signing Bridge Mock-up Review and Approval Certificates (Photo: Austal)

The bridge layout for two 72-meter high speed support vessels (HSSVs) for the Royal Navy of Oman has been formally approved during a ceremony held at Austal Australia’s shipyard in Henderson, Western Australia, the shipbuilder announced.  


Statoil Reports GoM Oil Discovery

The Maersk Developer drilling rig. (Photo: Jonathan Bachman - AP - Statoil)

Statoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM), the company announced today.   “The Yeti discovery expands the proven sub-salt Miocene play further south and west of the Big Foot field,” said Jez Averty


Gas Discovery at Pyxis-1

Gas Discovery at Pyxis-1

  Woodside advises that the Pyxis-1 exploration well in production licence WA-34-L has intersected approximately 18.5 metres of net gas within the Jurassic sandstone target. The well reached a total depth of 3347 metres. Wireline logging has confirmed the discovery through the recovery of


Australia's Port Hedland Iron Ore Exports to China Rise

Port Hedland: Pilbara Ports Authority

 Iron ore shipments to China from Western Australia's Port Hedland, the world's biggest terminal for shipments of the steelmaking raw material, rose 3.3% from February to 31.2 million mt in March.    While the rise is partly attributable to fewer shipping days in February


US Shipping Lines May Return to Iranian Ports

Shahid Rajaee Port: Port and Maritime Organization, Iran

 Iran is expecting American shipping lines to visit its ports once the economic sanctions against it are lifted in light of the emerging comprehensive final agreement over the Iranian nuclear energy program, reports Press TV.   Iranian deputy minister of road and urban development


China's Air Drills Roil South China Sea Waters

China's air force conducted its first drill above the western Pacific Ocean on Monday, the Defence Ministry said, in a move that could exacerbate tensions with its South China Sea neighbours including Taiwan and the Philippines. People's Liberation Army aircraft conducted exercises over the


SCI Inks Scandinavian Distributor Agreement

Jos Lems, SCI’s Rotterdam-based head of global sales (Photo: SCI)

Survival Craft Inspectorate (SCI), a global provider of emergency marine evacuation systems, has selected a Swedish company to drive further growth in Scandinavia.   Scanunit has agreed to a partnership with SCI for sales and installation rights of Safelaunch lifeboat release and retrieval


Norway Supports Statoil, Rosneft JV

Photo pixabay.com

  Norwegian authorities have given the Stavanger-based energy giant Statoil the go-ahead on joint projects with Rosneft, a Russian oil titan that was the target of Western sanctions in 2014. Statoil and Rosneft previously agreed on four projects to explore and produce oil on the Russian


NOAA: No Relief in Sight for Western US Drought

Drought pressures will increase in California and western areas of the United States this spring even as the dry season begins, the government's Climate Prediction Center said on Thursday.   "Periods of record warmth in the West and not enough precipitation during the rainy season cut


Insights: Steven Candito, President & CEO, NRC

Steven Candito, President and CEO of NRC

This month’s featured INSIGHTS executive is Steven A. Candito, President and CEO of the National Response Corporation (NRC). He has extensive experience with OPA 90 compliance issues with particular focus on vessel owner and insurance matters


Myanmar Ferry Sinking Kills About 50

Myanmar Map: Operation World

 About 50 people have died in the sinking of an overloaded ferry off the coast of western Myanmar police say. Rescuers have been frantically searching for survivors   The boat had 209 people on board when it ran into high seas late on Friday on a voyage from the coastal town of


Austal Delivers Fifth Cape Class Patrol Boat

Cape Class Patrol Boat - Cape Jervis (Photo: Austal)

Austal Limited has delivered Cape Jervis, the fifth of eight 58-meter aluminum monohull Cape Class Patrol Boats for the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract.  


Turkey Seizes Syrian Refugee Ship

Turkish coastguards found more than 300 refugees, mostly Syrians, when they seized a cargo ship they had opened fired on for failing obey an order to stop off Turkey's western coast, the regional governor said on Friday.   Refugee trafficking in the seas around Turkey is a major problem






 
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