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BP, Shell Lead in New Well Development in Gulf of Mexico

BP plc and Shell Offshore Incorporated are drilling seven and six new wells, respectively, in the Gulf of Mexico. Most of BP's new wells are…

drilling | Oil & Gas | Crude Oil | Oil | Offshore | Offshore Construction | Offshore Oil & Gas Projects | Natural Gas | LNG | LNG Exports | LNG Projects

William Ploch

Tue Mar 05 2019

Offshore Oil & Gas Industry Has Stable Project Pipeline

With the global crude oil market in a supply glut, it may seem counterintuitive that spending money on deepwater or other offshore production infrastructure would…

Offshore | Oil & Gas | Project Spending | OTC | Offshore Construction | Offshore Oil & Gas Projects

Industrial Info

Fri Apr 28 2017

BP, Shell Lead in New Well Development in Gulf of Mexico

BP plc and Shell Offshore Incorporated are drilling seven and six new wells, respectively, in the Gulf of Mexico. Most of BP's new wells are its Mad Dog Platform. Shell's new wells are mostly at the Olympus and Perdido Spar platforms. The Bureau of Ocean Energy Management (BOEM) lists 45 new wells as currently being drilled. Behind BP and Shell, »

Offshore Oil & Gas Industry Has Stable Project Pipeline

With the global crude oil market in a supply glut, it may seem counterintuitive that spending money on deepwater or other offshore production infrastructure would be an economically feasible move. Looking at projects being tracked by Industrial Info, the global trend shows a healthy amount under construction, balanced with a similar amount of work in the planning stage. A large »