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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

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Shell Offshore, a subsidiary of Shell plc, has started production at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). Vito is Shell’s 13 th deep-water host in the Gulf of Mexico. Current estimated recoverable resource volume of the primary Vito development is 290 million boe.

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Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

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Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. billion (US$4.8

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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). Alaska had the largest increase in proved reserves of natural gas in 2021 (173%, 63.3

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NERC: high probability of insufficient resources to meet electricity demand as early as Summer 2022 in parts of US

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Findings from the North American Electric Reliability Corporation’s (NERC’s) 2021 Long-Term Reliability Assessment (LTRA) indicate there is a high probability of insufficient resources and energy to serve electricity demand, as early as Summer 2022, in many parts of the Western Interconnection.

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US and Mexico sign agreement for development of transboundary oil and gas resources in Gulf of Mexico; access to nearly 1.5M acres of US Outer Continental Shelf

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The US and Mexico have signed an agreement on the exploration and development of oil and natural gas reservoirs along the United States’ and Mexico’s maritime boundary in the Gulf of Mexico. The US-Mexico maritime boundary (and Western Gap) in the Gulf of Mexico. Source: Richard McLaughlin.Click to enlarge.

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Using new seismic imaging technique, BP finds significant additional resources in the Gulf of Mexico

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BP announced a major breakthrough in seismic imaging that has identified more than 200 million barrels of additional resources at BP’s Atlantis field in the deepwater Gulf of Mexico. The subsurface property models that are created by FWI are used to create high quality and high resolution images of oil and gas reservoirs.

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US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

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The Proposed Final Program offers 11 potential lease sales in four planning areas—10 sales in the portions of three Gulf of Mexico Program Areas that are not under moratorium and one sale off the coast of Alaska in the Cook Inlet Program Area. The vast majority of US offshore oil production occurs in the Gulf of Mexico.

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