Volume 39 | October 3, 2017
Shell Appomattox in the Gulf
Shell’s "Amazing Appomattox" hull is making its way to Ingleside, Texas where the final phase of host construction will take place. The size and scale of Appomattox are impressive. It is the largest floating production system that Shell has ever built weighing in at 40,000 metric tons.  

Take a glimpse at the journey the Appomattox hull has been on for the last couple of years to prepare for its long and impressive trip to the Gulf of Mexico.
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Appomattox Hull Sail Away:
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Crude oil and petroleum product exports reach record levels in the first half of 2017 Via EIA
Crude oil exports in the first half of 2017 increased by more than 300,000 barrels per day (b/d) from the first half of 2016, a 57% increase. 
Petroleum product exports  grew over the same period as well. Crude oil and propane exports each reached record highs of 0.9 million b/d, and distillate exports reached a record of 1.3 million b/d. 

Although crude oil exports during the period grew, the growth rate in the first half of 2017 was lower than in the first halves 2013, 2014, and 2015 when exports increased at year-over-year rates of 88%, 134%, and 70%, respectively. Following the  removal of restrictions  on exporting U.S. crude oil in December of 2015, crude oil exports have been characterized by greater volatility. The range between the highest and lowest monthly exports in the first half of 2017 was 370,000 b/d, compared with 334,000 b/d in the first half of 2016. These levels are also greater than ranges in recent history of 161,000 b/d in 2015 and 147,000 b/d in 2014. Prior to 2014, crude oil exports tended to fluctuate less, with ranges commonly less than 100,000 b/d.
Zinke outlines his strategy to make American energy more dominant via Oil and Gas Journal
Politically motivated regulations need to be revoked and agencies across the federal government that make decisions affecting energy resource development need to work together more closely, US Interior Sec. Ryan Zinke said. “My job is to make sure all Americans have a voice. I can assure you the war on American energy is over,” he declared in a Sept. 29 address at the  Heritage Foundation .

Stating that the Trump administration’s goal is to make the US “the most dominant energy power the world has known,” Zinke said that he will work to make certain project permit applications “do not sit in drawers, sometimes for years,” while applicants await decisions. He also said he plans to develop a joint model for working with agencies from other departments.

“Regulations should be ground in science, not a political agenda,” the secretary indicated. “This is why we’re reviewing and possibly revoking rules that are overly punitive. We’re trying to find the quickest way to get to ‘yes’ without sacrificing our environmental and other responsibilities. With our joint model, we’ll sure that agencies from many parts of the federal government can work together, and involve states, tribes, and other stakeholders earlier in the process.”
Local oil contract to keep 100 workers busy
via Houma Today
A local oilfield service company has landed a contract that will keep 100 of its Louisiana workers busy for at least three years.

Danos, based in Gray, will provide mechanical and automation maintenance services for three of Shell Oil’s production hubs the Gulf of Mexico.

“Danos is committed to providing world-class, competitive project management services to our clients like Shell so they can continue to safely operate their Gulf of Mexico deepwater assets,” Mark Danos, vice president of project services for the company, said in a news release today. “With this contract, we are providing Shell with a fully integrated team that can maximize efficiencies and share best practices across facilities.”
Port Fourchon director remains ‘cautiously optimistic’ via Daily Comet
Port Fourchon has seen brighter days, but business is moving along despite the oil downturn.

The Greater Lafourche Port Commission decided in April 2015 to give a 20 percent discount for basic land rental. Chett Chiasson, the Port Commission’s executive director, said revenue has decreased by a little over $8 million since then.

“We’ve still been able to build bulkhead in Slip C,” he said. “Fortunately, over the last four months, we’ve actually rented three new waterfront sites. We’re happy about that and being cautiously optimistic about what the future holds.”
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In the Gulf of Mexico we are proud to produce the energy to fuel America, to generate the revenues for the U.S. treasury, and to create thousands of good paying American Jobs. We stand together to be
Gulf Proud. Energy Strong .  
Gulf Economic Survival Team | 985-448-4485 | gulfeconomicsurvival.org
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