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Archive for February, 2026

AAPG: “A Gulf Coast Gas Crunch is Imminent”

Posted in energy policy, Gulf of Mexico, natural gas, Offshore Energy - General, tagged , , , , , , on February 3, 2026| Leave a Comment »

Excellent AAPG article

“We have not been finding enough new fields.” That’s William DeMis, president of Richelle Court, LLC, who said that, in addition to not finding enough, we keep erecting new ways to export what we’re not finding.

The way, he said, to avert the coming shortage is for people to find new sources of gas outside of Haynesville field, which for years, considering its proximity to the Gulf Coast, and the petrochemical plants of Southwest Louisiana, as well as pipelines, made it a swing producer for natural gas.

“But I can tell you from bitter experience over the last three years that finding people to fund greenfield exploration is darn near impossible. There is scant capital to drill natural gas wildcats in the U.S.” said DeMis.

Reiterating that it’s time for another look at ultradeep shelf gas in the Gulf. Should BOEM consider royalty incentives?

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EIA production data delayed

Posted in Gulf of Mexico, Offshore Energy - General, Uncategorized, tagged , , , on February 2, 2026| Leave a Comment »

October 2025 Gulf of America oil production was the 2nd highest in history. As a result, the November data are much anticipated. Those data have been delayed from the scheduled date of 1/29/2026 until 2/6/2026. See the EIA advisory below

Petroleum Supply Monthly (PSM) data for November 2025 are scheduled for release on Friday, February 6, 2026.

The U.S. Census Bureau will release trade data (both imports and exports) for November 2025 on Thursday, January 29, 2026. As a result, we will delay release of PSM data for November 2025 from the original scheduled release date of January 30, 2026, until Friday, February 6, 2026. The delayed PSM release will allow us time to incorporate export data for November 2025.

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Anti-oil activists target Israeli partner in the UK’s Rosebank project

Posted in energy policy, UK, tagged , , , , on February 2, 2026| Leave a Comment »

Is this a new low for the UK’s anti-oil mob? See this BBC article shared by JL Daeschler.

Campaigners against Rosebank, Britain’s largest untapped oil field, have told the UK government that approving the project would risk breaching international law.

They say profits would flow in part to the Israeli oil and gas company Delek Group, which the UN human rights commissioner accuses of “supporting the maintenance and existence” of illegal settlements in the West Bank.

Note that Delek is not a Rosebank partner, but is the majority shareholder in a 20% Rosebank partner, Ithaca Energy. The 80% owner and project operator is Equinor, which is 2/3 owned by the Norwegian govt. Apparently, neither Equinor nor Norway are troubled by Ithaca Energy’s 20% Rosebank share. (There is no indication that the BBC contacted Equinor prior to publishing the article.)

The most sensible quote in the article is from the govt of Israel which dismissed the accusations as “absurd and distorted.”

Which do left-wing activists hate more – oil or Israel?

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