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Offshore back issues
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Gulf of Mexico oil production forecast to reach record high.(COMMENT)
June 1, 2009... Gulf of Mexico oil production is forecast to increase substantially over the next few years, reaching as much as 1.9 MMb/d in 2013, according to US Minerals Management Service (MMS) estimates.
That level--an MMS best-case scenario--would be a record high. It factors in industry-announced...
Kaleidoscope to bring more subsalt to light.(COMMENT)
June 1, 2009... A project by Repsol YPF to take subsalt seismic imaging to a new level of sophistication may reveal significant new reserves in the Gulf of Mexico and elsewhere. The project, called Kaleidoscope, will use new generation seismic imaging algorithms on the next generation of high-performance...
HP/HT, cost savings drive global stim vessel market.(COMMENT)
June 1, 2009... Deep and high-pressure offshore well stimulation jobs remain the drivers for new stim vessel technology this year, as reflected in Offshore's annual vessel survey in this issue. The market in 2009 has adjusted from the boom during the previous year, coinciding with a decline in oil prices...
Active rig fleet, May 2009.(GLOBAL DATA)
June 1, 2009...
Active rig fleet, May 2009
Floaters Jackups
US GoM 33 (0) 54(-5)
Mex GoM 5 (0) 36(+1)
North Sea 40(-2) 34(-1)
East Atlantic 2 (0) 1(+1)
L. America 50 (0) 15 (0)
W. Africa 30(-2) 25(+1)
M....
GoM drilling permits issued.(GLOBAL DATA)
June 1, 2009...
GoM drilling permits issued
Drilling permits
Oct. 57
Nov. 43
Dec. 45
Jan. 39
Feb. 37
Mar. 28
Apr. 33
Source: US Minerals Management Service
Note: Table made from bar graph.