After a peak of 635,781 b/d was shut in, BSEE said 120,079 b/d remained down on June 12, or 6.49% of total US Gulf oil production. The King’s Quay floating production system (FPS) will be moored in Green Canyon Block 433 in the deep-water Gulf of Mexico, US. Murphy Oil holds a 50% stake in King’s Quay FPS, while the remaining 50% interest is held by private equity firm Ridgewood Energy Corporation. Gulf of Mexico oil production.

WASHINGTON - U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 MMbpd in 2018, setting a new annual record. Almost 35% of the US Gulf production was shut-in in advance of the storm.

The passage of Tropical Storm Harvey over the Gulf of Mexico resulted in about 22 percent of all US offshore oil production there being offline on Saturday, a rise of three percentage points since Friday. Block Mississippi Canyon 801 had the highest single bid on a block, from Equinor amounting to $24.5 million. OSLO, Norway – Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, according to analyst Rystad Energy.. Also, BSEE decreased its gas shut-in estimate from 241,000 Mcf/d to 107,000 Mcf/d, keeping just 3.95% of the offshore gas volumes offline.

U.S. Gulf of Mexico offshore crude oil production and natural gas output both remained cut by 19% on Thursday because of shutdowns forced by Tropical Storm Barry, the U.S. government said. During the last lease sale, the popular Green Canyon and Mississippi Canyon areas, which are well serviced by existing infrastructure, received the most bids. The U.S. Energy Information Administration (EIA) … Offshore staff.


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