TITLE

More good news, bad news for Gulf E&P

AUTHOR(S)
Beaubouef, Bruce
PUB. DATE
August 2015
SOURCE
Offshore;Aug2015, Vol. 75 Issue 8, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the offshore oil and gas exploration activities in the Gulf of Mexico. ConocoPhillips Co. had provided a notice of termination for the three-year Ensco DS-9 drillship contract, in which the company is obligated to pay Ensco monthly termination fees for two years equal to the operating day rate of about $550,000. Meanwhile, Royal Dutch Shell PLC has decided to proceed with the Appomattox development in the deepwater Gulf.
ACCESSION #
109052183

 

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