Democratic Gov. Michelle Lujan Grisham is taking a risk by choosing to accommodate rather than fight President Biden’s pause on new oil and gas leases.
A major GOM oil and gas producer has awarded Danos a multi-year contract for production operations. PHOTO SOURCE: Danos
A major Gulf of Mexico (GOM) oil and gas producer has awarded Danos a multi-year contract for production operations, Danos reported Tuesday.
Danos stated the contract began in October. The Louisiana-based oilfield services firm added that it transitioned 107 personnel over a 30-day period ending on Nov. 9, 2020, with zero safety or operational issues as a result.
“Our production services team is second to none,” remarked Danos Owner Paul Danos in a written statement emailed to Rigzone. “In the last few years, we have successfully completed over 10 contract transitions, representing over 1,300 people. I am proud of our team and their ability to remain in lockstep with our customers’ needs.”
Danos lands contract with major oil producer in Gulf of Mexico
The Courier and Daily Comet
Danos, an oilfield service company based in Gray, has been awarded a multi-year contract for production operations with a major oil and gas producer in the Gulf of Mexico, company officials said.
Danos has transitioned 107 personnel to the company’s employment over a 30-day period with zero safety or operational issues, the company said in a news release this week. The contract began in October, and the employee transition was completed Nov. 9.
Danos will be providing traditional production service operations and maintenance personnel, such as operators, shipping and receiving clerks and electricians. Many of the positions are located offshore as well as at the customer’s Lafayette warehouse.
The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic feet of natural gas that have been in storage as of the 11th of December in recent years..the 122 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast from an S&P Global Platts survey of analysts who had expected a 127 billion cubic foot withdrawal, but was higher than the average withdrawal of 105 billion cubic feet of natural gas that have typically been pulled out of natural gas storage during the same week over the past 5 years, and the
In a meeting Monday with local business people, U.S. Rep. Garret Graves addressed the future of oil and gas, the likelihood of a new federal stimulus package and acceptance of Joe Biden’s win in the presidential race.
Graves spoke during an online meeting of the Bayou Industrial Group, which includes about 15 businesses in Terrebonne, Lafourche and surrounding areas.
Graves, R-Baton Rouge, said Biden’s win disappoints him, adding that Donald Trump was doing a good job. But until evidence arises to show otherwise, “Biden is the president-elect at this point and we’re going to have to move forward under those conditions.”