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US crude production grew 5% in 2017, likely will lead to record 2018 production

Source: U.S. Energy Information Administration, Petroleum Supply Monthly.

Annual average US crude oil production reached 9.3 million barrels per day (bbl/day) in 2017, an increase of 464,000 bbl/day from 2016 levels after declining by 551,000 bbl/day in 2016. In November 2017, monthly US crude oil production reached 10.07 million bbl/day, the highest monthly level of crude oil production in US history. US crude oil production has increased significantly over the past 10 years, driven mainly by production from tight rock formations using horizontal drilling and hydraulic fracturing. EIA projects that US crude oil production will continue to grow in 2018 and 2019, averaging 10.7 million bbl/day and 11.3 million bbl/day, respectively...

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Deep Sea Mooring, Vryhof Anchors secure first contract with Cooper Energy

deep-sea-mooring-and-vryhof-anchors-secure-first-contract-with-cooper-energy

Deep Sea Mooring (DSM) and Vryhof Anchors, both Vryhof businesses, have secured a contract to provide full-scale mooring and anchoring services to Australian energy company Cooper Energy. The announcement also sees Vryhof businesses secure contracts in Cooper’s main target drilling area - offshore Victoria, Australia - for the first time...

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BSEE inspects new Appomattox platform

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As Shell finishes construction on its Appomattox Semi-Submersible Platform hull, the US Bureau of Safety and Environmental Enforcement (BSEE) engineers and inspectors signed off on several topsides components during a pre-production inspection 27 March 2018. Royal Dutch Shell, 79% owner and its partner, Nexen Petroleum Offshore, a wholly owned subsidiary of CNOOC, will operate the platform about 80 miles off Louisiana’s coast in the Mississippi Canyon...

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