Whisper it quietly: The Gulf of Mexico remains the long-term 'must have' asset in virtually every major operator's portfolio. Production is still rising with several
major deepwater projects recently on- stream and at least six more due to flow this year. Still, technological, operational and economic challenges lie ahead.
The industry is responding with new collaborative alliances, partnerships and joint ventures, for greenfield developments as well as for operational efficiency from existing facilities and brownfield production enhancement.
This November, the Offshore Executive Conference: Gulf of Mexico will unite 250+ offshore oil and gas executives in Houston for an in-depth look at how to succeed
in the current market and position your company for growth in the coming years. Don't miss this once-a-year chance for a day filled with in-depth industry coverage and exclusive networking opportunities.
Managing Director and Senior Oilfield Services Analyst, Credit Suisse
President and CEO Venari Resources
Ultra-Deepwater Technology Manager, DOE's National Energy Technology Laboratory
Chairman, President & CEO Noble Energy, Inc.
President and CEO Talos Energy LLC
James Pappas, P.E.
President, Research Partnership to Secure Energy for America, RPSEA
Senior Vice President, Technology ABS
Vice President of Asset Support, U.S. Offshore Statoil
Dr. Edgar Rangel German
Commissioner National Hydrocarbon Commission, Mexico
US Oil Drillers Cut Rigs Despite Price Recovery U.S. drillers cut two oil rigs in the week to May 27, bringing the total rig count down to 316, the lowest since October 2009. However, the number of U.S. gas rigs increased by two to end the week at 87.
Saudi Aramco Discovers New Fields, Continues Investments Aramco, the world’s largest oil company, which is preparing a stock market listing to sell a small portion of its shares, has discovered three new oil fields, it said in the report. They are Faskar, offshore in the Arabian Gulf near the Berri field; Janab, east of the Ghawar field; and Maqam, in the eastern Rub'al-Khali.It has also found two new non-associated gas fields—Edmee, located west of Haradh, and Murooj in the Empty Quarter.