The EIA has updated its model for forecasting oil and natural gas production in the Gulf of Mexico. The new approach uses detailed well-level historical data and upcoming field developments to provide a more comprehensive outlook, indicating that production in the region is expected to remain flat in the near term.

Houston, TX, January 10, 2024. Beacon Offshore Energy LLC (“Beacon”), announced today that several of its subsidiaries have taken final investment decision to develop the Winterfell discovery which is operated by BOE Exploration & Production LLC (“BOE”) and will be developed as a cost effective/low emissions subsea tieback. As the Winterfell operator, Beacon holds a … Read More

HOUSTON (July 11, 2023) – Alta Mar Energy, LLC (“Alta Mar”) today announced the closing of an equity commitment from investment funds managed by Carnelian Energy Capital Management, L.P. (“Carnelian”). Alta Mar, a Houston-based company led by Will Sims, Thomas Kastner, Rowland Burno and Ben Heller, will leverage the team’s decades of diverse offshore experience … Read More