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PODCAST: Alpine High & Deepwater Lows
ExxonMobil falls back to earth in Guyana, BP's shelved Hopkins project gets new life and Shell gets rolling on Stones, this week on The Bit.
First, Noah Brenner discusses ExxonMobil's latest wildcat off Guyana called Skipjack, and whether it should be cause for concern in the emerging deepwater play.
Then we talk about what might be next for BP's shelved Hopkins project in the Gulf of Mexico now that Anadarko Petroleum has taken over as operator.
And we take a hard look at Apache's new Delaware basin play, dubbed Alpine High, which could hold 3 billion barrels of oil in place, according to the company.
Plus, Shell turns on the taps at the Stones FPSO, the deepest-water project in the world.
All that and more, this week on The Bit.
- After making one of 2015's biggest oil discoveries at Liza, ExxonMobil did not fare as well at its Skipjack follow-up.
- Anadarko is now the operator of BP's majority-owned Hopkins project in the Gulf of Mexico.
- Hopkins was one of the most exciting new projects for work-hungry contractors before it was shelved earlier this year.
- Apache has unveiled a new unconventional play in the southern Delaware basin and plans to spend big and soon to develop it.
- Shell has brought online the Stones FPSO in the ultra-deepwater US Gulf of Mexico.
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Music by RDG.