HWCG LLC

HWCG Selects Integrity Management & Response (IMR) as a Core Contractor

Retrieved on: 
Monday, May 3, 2021

Approximately half of IMR\xe2\x80\x99s qualified responders are available within 1-hr for the Operating Member\xe2\x80\x99s response.

Key Points: 
  • Approximately half of IMR\xe2\x80\x99s qualified responders are available within 1-hr for the Operating Member\xe2\x80\x99s response.
  • This agreement enhances our Members response capability by providing access to a consistent team of qualified and experienced deepwater source control responders who are knowledgeable in well integrity, subsurface and subsea aspects of a response.
  • IMR is uniquely positioned as the only company providing a combination of source control expertise as well as a 24/7 dedicated state-of-the-art source control Emergency Operations Center.
  • HWCG is a not-for-profit consortium of deepwater oil and gas companies that maintains a comprehensive deepwater well containment response model that can be activated immediately in the event of a U.S. Gulf of Mexico subsea blowout.

Helix Announces New Contract for Fast Response System

Retrieved on: 
Monday, March 8, 2021

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a new Agreement for Response Resources with HWCG LLC.

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a new Agreement for Response Resources with HWCG LLC.
  • Under the Agreement, HWCGs members are given the opportunity to identify the Helix Fast Response System as a response resource in permit applications to U.S. federal and state agencies, and to deploy the Helix Fast Response System to respond to a well control incident in the U.S. Gulf of Mexico.
  • Developed in 2011 as a culmination of Helixs experience as a responder in the Macondo well control and containment efforts, the Helix Fast Response System consists of the Helix Producer I floating production unit, Q4000 or Q5000 vessels, subsea intervention systems, crude transfer systems and other well control equipment.
  • We embrace our role as a provider of sustainable solutions, are proud to offer the Helix Fast Response System to help mitigate and remediate the environmental risks associated with offshore drilling and production operations.

Murphy Oil Corporation Announces Close of Gulf of Mexico Acquisition and Provides Updated Guidance

Retrieved on: 
Monday, June 3, 2019

Murphy Oil Corporation (NYSE: MUR) (Murphy) announced that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has closed the previously announced strategic deep water Gulf of Mexico acquisition from LLOG Exploration Offshore, L.L.C.

Key Points: 
  • Murphy Oil Corporation (NYSE: MUR) (Murphy) announced that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has closed the previously announced strategic deep water Gulf of Mexico acquisition from LLOG Exploration Offshore, L.L.C.
  • The acquired assets will be fully owned by Murphy Exploration & Production Company USA and not part of MP Gulf of Mexico, LLC (MP GOM), the entity which currently owns all of Murphys legacy producing Gulf of Mexico assets.
  • We are excited to close another accretive Gulf of Mexico transaction as we continue to transform the company.
  • Murphy Oil Corporation is a global independent oil and natural gas exploration and production company.

Murphy Oil Corporation Announces Strategic Deep Water, Oil-Weighted Gulf of Mexico Acquisition

Retrieved on: 
Tuesday, April 23, 2019

Murphy Oil Corporation (NYSE: MUR) announced today that its wholly owned subsidiary, Murphy Exploration & Production Company USA (Murphy), has entered into a definitive agreement to acquire deep water Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C.

Key Points: 
  • Murphy Oil Corporation (NYSE: MUR) announced today that its wholly owned subsidiary, Murphy Exploration & Production Company USA (Murphy), has entered into a definitive agreement to acquire deep water Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C.
  • The acquired assets will be fully owned by Murphy and not part of MP Gulf of Mexico, LLC (MP GOM), the entity which currently owns all of Murphys producing Gulf of Mexico assets.
  • Murphy Oil Corporation is a global independent oil and natural gas exploration and production company.
  • Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statements.

HWCG LLC and Helix Energy Solutions Group, Inc. Execute New Agreements for Response Resources

Retrieved on: 
Monday, January 28, 2019

HWCG LLC (HWCG) is pleased to announce they have entered into a new contract with Helix Energy Solutions Group, Inc. (NYSE: HLX) to amend and extend their Agreement for Response Resources (ARR).

Key Points: 
  • HWCG LLC (HWCG) is pleased to announce they have entered into a new contract with Helix Energy Solutions Group, Inc. (NYSE: HLX) to amend and extend their Agreement for Response Resources (ARR).
  • The ARR provides members of HWCG access to specific deepwater well containment resources owned by Helix which are referenced by HWCG Members in their response plans.
  • We are pleased to extend our relationship with Helix because it provides significant value and familiarity to our Members.
  • Our solutions, driven by Members, are being simplified and made more flexible in order to improve response capability, safety and schedule.

HWCG is Proud to Announce That Beacon Offshore Energy LLC (Beacon) Has Become Its Newest Member / Owner in the Deepwater Subsea Well Containment Consortium

Retrieved on: 
Wednesday, January 23, 2019

Access to containment is required for all deepwater operators and HWCGs model provides new members like Beacon access to a robust response system at an attractive value.

Key Points: 
  • Access to containment is required for all deepwater operators and HWCGs model provides new members like Beacon access to a robust response system at an attractive value.
  • HWCG is a Not-for-Profit Member Owned Consortium whose full-time job is facilitating the preparations needed by Members to respond to a subsea blowout.
  • The consortium provides access to equipment and enters into various agreements necessary for a rapid well containment response in the event of a subsea blowout.
  • Beacon is one of 16 Member Companies that have come together to form HWCG and will support response efforts when needed.