HOUSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that the Company has completed the accretive acquisition of six fields in ...

The Miocene-aged field was discovered over three years ago in the Green Canyon area of the Gulf of Mexico. Drilling encountered about 26 meters (85.3 feet) of net oil pay, Kosmos said at the time.

The federal offshore Gulf of Mexico area produced 1.831 million barrels per day (bpd) of crude oil in April 2024, according to the latest data from the U.S. Energy Information Administration (EIA).

Efforts are starting to develop the Polok and Chinwol oil fields in the Gulf of Mexico, located 88 km from Mexico's coast. Houston-based contractor McDermott International Ltd. has been awarded a ...

ExxonMobil (XOM) Divests Stake in Gulf of Mexico Fields March 01, 2024 — 11:44 am EST Written by Zacks Equity Research for Zacks -> ...

Texas-based oilfield services provider Expro has secured a three-year contract by Woodside Energy to provide tubular running ...

Shell Offshore Inc., a subsidiary of Shell plc, has commenced production at the Dover field in the Gulf of Mexico, a key milestone that reinforces the company’s leadership in deepwater oil and ...

With $2.4 billion of inbound orders in the first quarter, this Houston company is using new technology to unlock opportunities in mature basins like the Gulf of Mexico.

At the Tahiti facility, situated roughly 190 miles south of New Orleans in around 4,100ft of water, Chevron has begun water injection into its first deep-water Gulf producer-to-injector conversion ...

Gulf shrimpers brace for offshore wind. By Heather Richards | 08/25/2022 06:53 AM EDT . Shrimpers on the Gulf of Mexico have long had to compromise with the dominant oil and gas industry that ...

Chevron aims to produce 300,000 net barrels of oil equivalent per day from the Gulf by 2026 as ... Ballymore offshore field, approximately 120km off the Louisiana coast in the US Gulf of Mexico.