Offshore Oil & Gas Future Development

By CHRISTOPHER COOPER
Staff Reporter of THE WALL STREET JOURNAL

HOUSTON — Something mysterious is going on at Eugene Island 330.

Production at the oil field, deep in the Gulf of Mexico off the coast of Louisiana, was supposed to have declined years ago. And for a while, it behaved like any normal field: Following its 1973 discovery, Eugene Island 330’s output peaked at about 15,000 barrels a day. By 1989, production had slowed to about 4,000 barrels a day. (more…)

Look what i found on the Net about Self Renewing Oil Supplies Field. Quite an interesting articles and please share your thought.

Eugene Island is an oil field in the gulf of Mexico, 80 miles off the coast of Louisiana. It was discovered in 1973 and began producing 15,000 barrels of oil a day which then slowed to about 4,000 barrels in 1989.

But then for no logical reason whatsoever, production spiked back up to 13,000 barrels a day. (more…)

It has been brought to PETRONAS’ attention once again that a syndicate, believed to be based in Indonesia, is still running an SMS scam using PETRONAS’ name to con members of the public.Cellular phone users have been receiving a SMS that reads: “Pengumuman dari PETRONAS MAS. TAHNIAH! SimCard anda bertuah memenangi undian wang RM14,000. Sila hubungi telefon 006285880214502. Terima Kasih.” (more…)