gulf of mexico drilling

While U.S. drilling on land has fallen along with the price of crude, the risky and expensive drive to pull oil from the depths of the Gulf of Mexico is

Hess, along with their joint venture partners Union Oil (Chevron), Statoil and Nexen, all of which have a 25 percent working interest, have reached a final

Even as it faces $50 billion in potential liabilities from the worst U.S. offshore oil spill, BP Plc is leading the effort to extract crude from deep below the

In 1994, ‘Auger’ became Royal Dutch Shell’s first tension-leg platform operating in the deep-water of the U.S. Gulf of Mexico. When

Flaws in safety equipment and procedures used on Gulf of Mexico rigs persist four years after 11 workers died in an explosion aboard the Deepwater Horizon that

Language in the legislation would implement a 2012 U.S.- Mexico Agreement concerning hydrocarbon reservoirs in parts of the gulf that cross the international

Shell's 100 percent-owned Stones field was discovered in 2005, some 200 miles southwest of New Orleans in 9,500 feet of

A growing shortage of shallow-water rigs in the Gulf of Mexico is providing an unexpected profit boost for Hercules Offshore Inc. and Ensco Plc as customers

Offshore drilling is safer than prior to the BP Plc spill in 2010 even though the U.S. Congress has failed to pass legislation tightening

(Bloomberg) — Deep-water oil exploration has been disrupted from the Gulf of Mexico to Brazil by the discovery of faulty bolts used in safety equipment

HOUSTON–An oil and gas platform exploded and caught fire off the coast of Louisiana on Friday, injuring 11, leaving two missing and resulting in a

Blackstone Group LP (BX) has agreed to a multibillion-dollar partnership with one of the largest closely held offshore oil producers in the U.S., in a

(Bloomberg) The Obama administration has issued this year the most deep-water oil-drilling permits for the Gulf of Mexico since 2007 as high crude prices

MEXICO CITY–Mexican state oil monopoly Petroleos Mexicanos, or Pemex, has found a second big crude-oil deposit in the deep waters of the Gulf of Mexico,

(Bloomberg) — Petroleos Mexicanos, the world’s fourth-largest crude producer, found a new ultra-deepwater field with about 200 million barrels of

Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced Monday that 38 million unleased

(Bloomberg) — The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a

(Bloomberg) — BP Plc, whose Macondo blowout in the Gulf of Mexico caused the biggest offshore oil spill in U.S. history, is drilling the first

Editor’s Note: While Hurricane Isaac mostly spared Gulf of Mexico oil and gas production, concerns are mounting over the condition of Port Fourchon, LA

BSEE reports that all dynamically positioned drilling rigs in the U.S. Gulf of Mexico moved off location prior to the storm and have been accounted for.