Italy’s energy company Eni SpA (E) said Monday it started production at its Longhorn natural gas field located in the Gulf of Mexico. Eni operates the Longhorn field with a 75% working interest,

with Nexen Inc. ( NXY.T) holding the remaining 25%. The field will
initially produce gas at a rate of about 200 million standard cubic
feet of gas a day.

The Longhorn project achieved its first production in just over three
years from the initial exploration discovery in July 2006, and was
completed in less than two years from the sanction, Eni said.

In addition to the Longhorn field, the Corral platform is being
outfitted to increase liquids production capacity up to 12,000 barrels
a day to accommodate the future tie-in of the Appaloosa oil field,
fully owned by Eni, which is under development with production due to
start in 2010.

Eni’s U.S. Gulf of Mexico daily net production capacity is in excess of
100, 000 barrels of oil equivalent, of which 60% is operated.

Source: Dow Jones

Search to find what you want

• Storms cause a disruption of normal Oil Production Operations in the Gulf Region

    Two storms are stirring up weather in the Gulf of Mexico that will affect the production of the energy industry beginning this weekend and continuing into Monday. Ida will move northward into the southern Gulf of Mexico by Monday, likely as a hurricane.

• U.S. energy company to monitor storms in the Gulf

    U.S.

• Mexico opens two Gulf oil ports, one still closed

    Mexico reopened two of its main oil ports on Sunday, but a cold front in the Gulf of Mexico kept a third closed for a second day, the government said. Mexico, a major oil supplier to the United States, reopened the Cayo Arcas and Coatzacoalcos oil export terminals in the

• Mexico oil find in Gulf of Mexico

    Mexico’s state-run oil giant Petroleos Mexicanos (Pemex) announced Thursday it had found oil in the deep waters of the Gulf of Mexico at a well called Leek-1. “We are now doing tests to see if it is commercially viable,” a company spokesman said. If it is proved viable, the well

• Mexico opens oil terminal closure by bad weather

    Mexico’s Coatzacoalcos oil terminal on the coast of the Gulf of Mexico reopened on Saturday morning after being shut for much of the past week due to bad weather, the government said. Weather-related port closures are not uncommon at this time of year in Mexico, although prolonged outages can have

• Shell plans to expand Gulf of Mexico, Kazakhstan Exploration

    Royal Dutch Shell Plc is planning to expand exploration in the U.S. Gulf of Mexico and Kazakhstan as Europe’s largest oil company seeks to maintain output. The company is designing a development plan for its West Boreas discovery in the Gulf of Mexico, which may hold 100 million barrels of

• Mexico approves opening oil ports after bad weather

    Mexico reopens four of its five main oil exporting ports in the Gulf of Mexico on Sunday after bad weather cleared, the Mexican Communications and Transport Ministry (SCT) said. The four ports, Coatzacaoalcos, Dos Bocas, Cayo Arcas and Frontera, were closed on Saturday and Friday because of rough seas.

• Mexico aims to produce 3.3 million barrels of oil a day by 2024

    Mexico’s government aims to boost oil production to 3.3 million barrels a day by 2024, the Energy Ministry said. The agency included the goal as part of its National Energy Strategy, a document delivered today via e-mail

• Mexico oil output to , says Barclays

    Mexico’s oil output may “decline sharply” next year as state-owned Petroleos Mexicanos enters a sixth year of falling production, Barclays Capital said.

• Oil producers move employees, support output to Hurricane

    Oil companies in the Gulf of Mexico are evacuating workers and halting some output as Hurricane Ida strengthened after entering the area, which accounts for more than a quarter of U.S. crude production. BP Plc evacuated non-essential staff and shut some of its Gulf output

• Oil hovers near $ 79 in Asian trade

    World oil prices remained near $79 a barrel in Asian trade Wednesday after dropped overnight mainly on restoration of oil operations in the Gulf of Mexico. Light sweet crude for December delivery was seen trading at $79.14 a barrel at 11.30 a.m Singapore time while Brent crude for December delivery

• CNOOC plunged into Gulf of Mexico

    China’s leading offshore oil producer CNOOC Ltd yesterday said it agreed to buy small stakes in oil assets in the Gulf of Mexico from Norway’s Statoil, marking its first entry into oil reserves in the gulf. CNOOC Ltd, through its subsidiary, OOGC America Inc, has signed an agreement with StatoilHydro

• The official christening of the FPSO BW Pioneer was held in Singapore on 26 October

     The official naming ceremony of FPSO BW Pioneer took place in Singapore today, 26 October, in the presence of approximately 250 guests, including top managements from Petrobras, Keppel Shipyard and BW Offshore. BW Offshore was selected by Petrobras America Inc in 2007 for the conversion, installation and operation of an

• BW Offshore market sees the improvement, back contracts

    The official naming ceremony of FPSO BW Pioneer took place in Singapore today, 26 October, in the presence of approximately 250 guests, including top managements from Petrobras, Keppel Shipyard and BW Offshore. BW Offshore was selected by Petrobras America Inc in 2007 for the conversion, installation and operation of an

• Keppel Shipyard completed on the way to the first FPSO for U.S. Gulf of Mexico

     Keppel Shipyard Limited (Keppel Shipyard) is on track to deliver the first floating production storage and offloading (FPSO) vessel for the US Gulf of Mexico (GoM) to BW Pioneer Ltd, an affiliate of BW Offshore. Named today at Keppel Shipyard, the vessel BW Pioneer will be turret moored at a