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Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360ยบ

The FPSO will remain at its current location, supporting operations at the Cascade field (Walker Ridge 206 and 250) and Chinook field (Walker Ridge 469 and 425) in the Gulf of America. BW Offshore will continue to provide operations and maintenance services under a new five-year reimbursable contract.

Oil 130
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U.S. House of Representatives Passes Energy Bill

The Energy Law

per MMBtu, unless lease royalties were renegotiated with the Secretary , imposes Conservation of Resources Fee on nonproducing lease acreage of $3.75

Royalty 40