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BOEM announces proposed Central Gulf of Mexico oil and gas lease sale; nearly 38 million acres available

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The US Department of the Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) will hold the consolidated Central Gulf of Mexico Lease Sale 216/222 in New Orleans on 20 June 202012. Lease Sale 216/222 is the last remaining sale scheduled in the 2007 – 2012 Outer Continental Shelf Oil and Natural Gas Leasing Program.

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Shell sets world record for deepest subsea oil and gas well in Perdido Development: 9,627 feet in Gulf of Mexico

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miles) below the water’s surface, is located in the Tobago Field 200 miles southwest of Houston in the ultra-deep water of the Gulf of Mexico. From Perdido, Shell accesses the Great White, Tobago, and Silvertip oil and gas fields through subsea wells directly below the facility and from wells up to seven miles away. Click to enlarge.

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Obama Administration Opens Up Oil and Gas Development and Exploration in Gulf of Mexico, Atlantic and Arctic

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The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. The Department of the Interior’s Minerals Management Service estimates that the Gulf of Mexico contains 36-41.5

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BP Announces Giant Oil Discovery in the Deepwater Gulf of Mexico

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BP announced a giant oil discovery at its Tiber Prospect in the deepwater Gulf of Mexico (GOM). The Tiber well was drilled to a total depth of approximately 35,055 feet (10,685 metres) making it one of the deepest wells ever drilled by the oil and gas industry. BP advances in drilling depth and reach.

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BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

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BP announced today the drilling of a successful appraisal well in a previously untested northern segment of the Mad Dog field in the deepwater US Gulf of Mexico. The facility was designed to process 80,000 barrels of oil and 60 million cubic feet of gas per day. in about 4,500 feet (1,371 meters) of water. BP maintains a 60.5%

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US Department of Interior Conditionally Approves Shell’s Exploration Plan For Certain Chukchi Sea Leases in Arctic

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The US Department of the Interior’s (DOI) Minerals Management Service (MMS) has approved , with conditions, Shell Gulf of Mexico, Inc.’s billion for leases during Chukchi Sea Oil and Gas Lease Sale 193. s Exploration Plan to drill three exploratory, information-gathering wells in the Chukchi Sea. In 2008, Shell’s subsidiary paid $2.1

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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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EIA’s AEO2012 projects a continued decline in US imports of liquid fuels due to increased production of gas liquids and biofuels and greater fuel efficiency. EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions.

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