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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. Moored in about 8,000 feet of water, the Perdido regional DVA (direct vertical access) spar is the deepest spar production facility in the world. Click to enlarge.

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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 well, located in Keathley Canyon block 102, approximately 250 miles (400 kilometers) south east of Houston, is in 4,132 feet (1,259 metres) of water. 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. in about 4,500 feet (1,371 meters) of water. The facility was designed to process 80,000 barrels of oil and 60 million cubic feet of gas per day. 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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Transocean to pay record $1.4 billion in civil and criminal fines and penalties for role in Deepwater Horizon disaster

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the owner of the drilling rig Deepwater Horion, agreed to plead guilty to violating the Clean Water Act (CWA) and to pay a total of $1.4 Transocean Deepwater Inc., billion in civil and criminal fines and penalties, for its conduct in relation to the Deepwater Horizon disaster. Transocean Deepwater Inc.

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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

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Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 The undeveloped Kirby oil sands leases are in the south east of the Athabasca region of Alberta, close to the Devon-operated Jackfish development, which started production in 2007.

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