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The OCS P-0130 well drilled offshore Oregon by Union Oil in 1966 was described as having "potential for commercial gas production", [17] but none of the wells were completed as producers, and the federal leases expired in 1969. [18] [19] Farther north, in Canadian waters, Shell Canada drilled 14 wells offshore from Vancouver Island from 1967 ...
Eugene Island block 330 oil field is an oil field in the United States Exclusive Economic Zone in the Gulf of Mexico. It is located 170 miles (270 km) southwest of New Orleans, 70–85 miles (113–137 km) off the Louisiana coast comprising six and a half leased blocks: Eugene Island 313, 314 south, 330, 331, 332, 337 and 338.
The first federal lease sale offshore Florida was in 1959. In the 1980s the state of Florida objected to further federal lease sales in offshore Florida, and the last one was held in 1985. Because of state objections, the federal government agreed to pay $200 million to nine oil companies to buy back leases south of 26 degrees north latitude. [28]
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.
Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale back the sale to protect an endangered ...
The possible offshore lease sale became an issue in the 2009 race for governor of Virginia. [43] The winner, Bob McDonnell, urged during his tenure that the sale take place. [44] In May 2010, President Obama announced his decision to cancel the offshore Virginia lease sale, in response to the Deepwater Horizon oil spill in the Gulf of Mexico. [45]
With its legacy rigs running at an awful utilization rate of 39%. One of the biggest struggles for a rig or an oil services company is to have outdated and legacy assets on its books, and Nabors ...
Mad Dog Oil Field is an offshore oil field located along the Sigsbee Escarpment at Green Canyon blocks 825, 826 and 782, Western Atwater Foldbelt, Gulf of Mexico. The field is located about 190 miles (310 km) south of New Orleans and 150 miles (240 km) southwest of Venice, Louisiana, United States. It is in the depth of 5,000 to 7,000 feet ...