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The Louisiana Offshore Oil Port (LOOP) is a deepwater port in the Gulf of Mexico 29 kilometers (18 nautical miles) [1] off the coast of Louisiana near the town of Port Fourchon. LOOP provides tanker offloading and temporary storage services for crude oil transported on some of the largest tankers in the world.
The state of Louisiana issued its first offshore oil and gas lease in 1936, and the following year the Pure Oil Company discovered the first Louisiana offshore oil field, the Creole Field, 1.2 miles (1.9 km) from the shore of Cameron Parish, from a platform built on timber pilings in 10-to-15-foot-deep (3.0 to 4.6 m) water.
Port Fourchon is Louisiana’s southernmost port, located on the southern tip of Lafourche Parish, on the Gulf of Mexico. It is a seaport, with significant petroleum industry traffic from offshore Gulf oil platforms and drilling rigs as well as the Louisiana Offshore Oil Port pipeline. Fourchon's primary service markets are domestic deepwater ...
Louisiana's U.S. House delegation is currently pursuing legislation to increase the state's share of federal revenues from Gulf oil, gas, and offshore wind projects.
Offshore oil and gas in the United States provides a large portion of the nation’s oil and gas supply. Large oil and gas reservoirs are found under the sea offshore from Louisiana, Texas, California, and Alaska. Environmental concerns have prevented or restricted offshore drilling in some areas, and the issue has been hotly debated at the ...
U.S. Gulf Coast energy companies on Saturday got a boost from the reopening of ports and restart of oil refineries shut by Hurricane Ida, but damage to key facilities still crimped oil production.
The field is being developed by BP plc and 25% partner ExxonMobil [1] It is the largest offshore production platform in the Gulf, with a processing capacity of 250 thousand barrels per day (40 × 10 ^ 3 m 3 /d) of oil and 200 million cubic feet per day (5,700,000 m 3 /d) of natural gas, and the field is believed to hold in excess of 1 billion barrels (160 × 10 ^ 6 m 3) of oil. [2]
About 1.6 million barrels of crude oil remained offline, with only about 100,000 barrels added since Saturday. Another 1.8 billion cubic feet per day of natural gas output also was shut-in, the ...
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