World Oil (WO) – Eni has made a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 km off the coast in the mid-deep water of the Cuenca Salina in the Sureste basin offshore Mexico. The preliminary estimates indicate a discovered potential of around 300-400 MMboe of oil and associated gas in place. The well has
World Oil (WO) — The Department of the Interior will hold the first-ever offshore wind energy lease sale in the Gulf of Mexico, advancing the Biden-Harris administration’s work to deploy 30 gigawatts (GW) of offshore wind energy by 2030. The areas to be auctioned on August 29, 2023, by the Bureau of Ocean Energy Management have the potential to generate
High bids doubled 2017 sale The Department of Interior announced on March 20 that its region-wide Gulf of Mexico Lease Sale 252 generated $244,299,344 in high bids for 227 tracts covering 1,261,133 acres in federal waters of the Gulf of Mexico. By comparison, Lease Sale 251, the last lease sale before March 20, 2019, generated $178 million in high bids.
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