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Tag Archives: gulf of mexico

Chevron Discovers Oil Reserves in the Deepwater Gulf of Mexico

Chevron Corporation announced a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico. Ballymore is located in the Mississippi Canyon area of the U.S. Gulf of Mexico, approximately three miles from Chevron’s Blind Faith platform, in water depth of 6,536 feet. The initial Ballymore well reached total measured depth of 29,194 feet and encountered more ...

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Mexico to offer farm-out on deep water field in Gulf

Mexico, Pemex

MEXICO CITY (AP) — Mexico’s state-owned oil company announced Friday it will offer a farm-out arrangement to private firms to join in the exploration of a deep-water field in the Gulf of Mexico. It would be the first time that Petroleos Mexicanos has formed an association with a private firm for deep-water drilling. Pemex Director Jose Antonio Gonzalez called it ...

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Some criminal charges dismissed in 2012 platform fire

Some criminal charges dismissed in 2012 platform fire

NEW ORLEANS (AP) — A federal judge has thrown out some criminal charges filed against companies and employees following a 2012 oil platform fire that killed three people off Louisiana’s coast. But serious charges remain for some in connection to the fire, which broke out on a platform owned by Black Elk Energy Offshore Operations LLC. Criminal charges involving safety ...

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Oil majors show interest in Mexico’s offshore auction

Oil majors show interest in Mexico's offshore auction

Mexico’s forthcoming auction of offshore oil and gas fields is drawing significant interest, according to a report by Fuel Fix. So far, 21 companies have asked to review data on fields within Mexico’s territorial waters in the Gulf of Mexico. Major oil companies, such as ExxonMobil, BP, and Chevron, have expressed interest in the available fields. The country will auction ...

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23.5M acres off Texas up for oil, gas leases in August

23.5M acres off Texas up for oil, gas leases in August

NEW ORLEANS (AP) — The federal government will offer 23.5 million acres off of Texas for oil and gas leases in August. The Bureau of Ocean Energy Management says that’s all the available waterbottom in the western Gulf of Mexico. Spokesman John Filostrat (FIL-oh-strat) says the agency has not chosen a date or location. Last August marked the smallest sale ...

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