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The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
The oil and gas industry recently participated in the Gulf of Mexico Lease Sale 261, where blocks within the survey area attracted 16 winning bids and a total bid value of more than $40 million. The Engagement 5 dataset will support existing and new leaseholders as well as regional operators with the most technically advanced subsurface imaging.
Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
Acquisition of the 152 OCS block, sparse OBN survey is now underway
TGS, in a strategic collaboration with SLB, has announced the start of the Engagement 4 Ocean Bottom Node (OBN) multi-client acquisition in the U.S. Gulf of Mexico. Acquisition of the 152 OCS block, sparse OBN survey is now underway, extending contiguous data coverage from prior phases into western Green Canyon.