Volume 42| October 31, 2017
Recap of LAGCOE 2017
GEST had a productive week at LAGCOE in Lafayette last week. It was a pleasure meeting and getting to know so many of the workers who make our oil and gas Industry.

We would like to thank the wonderful speakers at all LAGCOE sessions who gave informative updates on the industry.

GEST visited with Brad James, President & CEO of Enterprise Offshore (left), BSEE Director Scott Angelle (middle), and Cory Kief, Director of Business Development of Crosby Tugs and SCIA President (right).
More from LAGCOE:


LAGCOE 2017: Deepwater Gulf of Mexico E&P can be sustainable at less than $40/bbl, BP says via World Oil

LAFAYETTE, La. -- The U.S. Gulf of Mexico’s E&P industry has been through tremendous hardship since crude dropped in late 2014, and it’s imperative that companies change business models to sustain future deepwater U.S. oil production growth, according to Ryan Malone, BP’s projects general manager for the Gulf of Mexico.
Delivering a keynote presentation at the 2017 Louisiana Gulf Coast Oil Exposition (LAGCOE), Malone said that BP is operating under its belief that oil prices will remain “lower for longer,” predicting that oil prices will likely trend close to $50/bbl for the foreseeable future.
In speech to energy industry in Lafayette, Scott Angelle promises to be industry 'partner' on federal level via The Advocate
A federal agency that regulates offshore energy production in the Gulf of Mexico is focused on undoing or amending three Obama administration policies, the agency’s director, Scott Angelle, said Tuesday in a keynote address at an industry event in Lafayette.

“Over the last several years it’s been cool to put the regulated industry on the other side, and say ‘no, we can’t have a conversation with you all.’ I’m telling you we are moving from an era of isolation to an era of cooperation,” Angelle said. “I’m OK with calling you partners, and that’s some of the changes we are making in DC.”
Secretary Zinke Announces Largest Oil &Gas Lease Sale in U.S. History via U.S. Department of the Interior
NEW ORLEANS – U.S. Secretary of the Interior Ryan Zinke today announced that the Department is proposing the largest oil and gas lease sale ever held in the United States --76,967,935 acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida. The proposed region-wide lease sale, offering an area about the size of New Mexico, is scheduled for March 2018 and includes all available unleased areas on the Gulf’s Outer Continental Shelf, surpassing last year’s region-wide lease sale by about one million acres.
U.S. Supreme Court won't hear appeal of levee authority oil suit via The Times Picayune
The  U.S. Supreme Court  refused to hear the appeal of the  east bank levee authority  of a lower court ruling throwing out its  wetlands damage lawsuit  against more than 80  oil, gas and pipeline companies , in a decision announced Monday morning (Oct. 30)

... Also praising the decision is the Grow Louisiana Coalition, whose partners include the Louisiana Mid-Continent Oil & Gas Association, Louisiana Oil and Gas Association, Greater New Orleans Inc., Gulf Economic Survival Team, Jefferson Chamber of Commerce, and the Offshore Marine Service Association.
Longtime Ally of Offshore Drillers Oversees Safety Agency
via The Wall Street Journal
WASHINGTON—When Houston executives Don Armijo and Jon Unwin arrived earlier this month to meet with the offshore oil-and-gas industry’s chief safety regulator, a warm message awaited them in the hallway of the Bureau of Safety and Environmental Enforcement.
Consumer Energy Alliance 2017 Gulf Energy Forum
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Gulf Proud. Energy Strong .  
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