Understanding petrophysical properties well enough to make drilling decisions, particularly for tight gas can be a challenge. A new computer system aims to help analyze the extensive data involved. There are more than 100 accumulations in the southern North Sea that are flagged as stranded fields. One of these stranded tight gas fields, the Kew field, has been developed successfully with the use of a subsea well, horizontal drilling, and hydraulic fracturing.
This paper presents an overview of the SACROC Unit’s activity focusing on different carbon dioxide (CO2) injection and water-alternating-gas (WAG) projects that have made the SACROC unit one of the most successful CO2 injection projects in the world. Several studies explored the possibility of improving both areal and vertical sweep efficiency in mature water-alternating-gas (WAG) patterns in the Magnus oil field.
The outlook in the UK is a case study of the squeeze facing E&P in other basins where operators are trying to pay to sustain production with discoveries, while plugging and abandoning old wells, all paid for by the lean cash flow due to low oil prices. Subsea inspection/repair/maintenance services have traditionally relied on vessel-based, ROV, or diver operations. In the longer term, identifying significant incremental savings in these operations is not sustainable and an innovative approach deploying digital technologies is being investigated. The deal gives Equinor an additional 7.5% ownership stake in the Njord redevelopment project and associated tiebacks in the Norwegian Sea, and potentially raises Faroe’s value in the midst of a hostile takeover attempt by DNO. Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea.
The Turritella FPSO (Figure 1 above) is the deepest floating production system in the world and presented many challenges to successful execution of the surface host facilities. The long-term decommissioning of the historic Brent field has necessitated redevelopment of the younger Penguins field in the North Sea, where the UK hopes to see more revival projects in the coming years. Despite major advancements in deepwater projects in the Gulf of Mexico, FPSO usage has yet to increase. This paper describes the CLOV deepwater megaproject in Block 17 offshore Angola, which cost USD 8.4 billion to first oil. This paper describes the measures put in place so that the mooring system of the Gryphon Alpha FPSO could be replaced and reconnected on an efficient schedule.
It will provide re ... Harkand has secured a USD 5 million contract from Swiber Offshore Mexico to perform saturation divin ... Two Bumi Armada subsidiary companies secured USD 300 million worth of contracts from ElectroGas for ... Amec Foster Wheeler has been awarded a contract by BP worth more than USD 73 million. Tam International, which provides inflatable and swellable packers for the oil and gas industry, has ... Sanchez Energy closed a deal with a subsidiary of Sanchez Production Partners to sell wellbore and a ... Penn West Petroleum has entered into a USD 321 million agreement with Freehold Royalties to sell an ... Bonterra Energy has acquired Cardium formation-focused assets in the Pembina area of Alberta, Canada ... Petrobras has sold its assets in Argentina’s Austral basin to Compañia General de Combustibles for U ... Pemex signed an agreement worth USD 1 billion with private equity firmFirst Reserve to jointly inves ... Gulfport Energy entered into an agreement to acquire Paloma Partners III for USD 300 million. Apache sold its 13% stake in the Wheatstone LNG terminal in Western Australia and 50% interest in th ... Oil and gas safety company Secorp opened a new office in Hobbs, New Mexico. Bill Barrett Corp. has signed agreements with several undisclosed recipients for the sale of the maj ... Encana said it will sell its remaining 54% stake in PrairieSky Royalty via a USD-2.4-billion Cardinal Energy entered into an agreement with an unnamed seller to acquire assets whose total daily ... Petrobras has awarded a contract, worth USD 465 million over a period of 5 years, to Aker Oilfield S ... CGG received contracts for the 3D seismic acquisition of four surveys using its marine broadband tec ... IKM Subsea, a subsidiary of IKM Group, has been awarded a contract by Eni Indonesia to provide remot ... OneSubsea, Schlumberger, and Helix Energy Solutions signed a letter of intent to develop technologie ... Premier Hytemp has committed to opening a USD-20-million, 67,000-ft2 precision engineering facility ... Expro has constructed a new 20,000‑m2 facility in Macaé, Brazil.
Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea. The rising oil production and produced water volumes in the Permian are expanding the scope and scale of recycling. Apache is targeting 50% of its frac water to be made up from recycled produced water this year. Industry CIOs examine the challenges operators and service companies face in understanding cybersecurity threats.
This section features industry photographs submitted by SPE members. Selected pictures will be posted on the website. Be sure to provide your full name, job position, company name, picture location, and a caption for the picture. I don't know how anyone could see a sight like this rig and not marvel at its sheer size, design, in... This picture is of a remote field Reliance Production Optimization operates for a client.
Noble’s first row of wells in its massive Mustang project is helping increase the operator’s DJ Basin output, and similar results are soon expected in the Delaware Basin. Devon Energy will be getting simpler and smaller by selling two no-growth assets—gas acreage in the Barnett Shale in Texas and oil sand operations in Canada. Its future is staked on growing oil production in the Permian’s Delaware Basin and three other unconventional oil plays. The Oklahoma City independent has a new-look portfolio and new operational and financial priorities. And now it has enlisted an energy research firm to leverage advanced analytics and machine learning to help get the most out of its assets.
After a long cooling off period, this dry-gas shale play is once again red hot. Downhole annulus pressure is required for any gas lift design. This paper presents several methods of determining annulus pressure at depth and helps determine which method is most appropriate for specific conditions. The agency updated its methodology and production volume estimates to factor increasing production from new, emerging plays as well as older plays that have rebounded thanks to drilling advancements. UK’s first horizontal shale well has yielded positive results after an initial flow test.
As the hunger for data grows, long stepouts become more common, and fiber communication becomes standard, the use of fiber in subsea oil and gas fields is set to increase. The paper provides a fast-track approach to perform screening assessment of multiple subsea concepts. Technologies are being developed that have the potential to support marine mining in all stages from prospection to decommissioning. When two engineers lost their jobs during the industry downturn, they used the misfortune as an opportunity to develop an innovative concept that aims to make it a lot easier to move subsea gas long distances. Currently, the state of the art for subsea well control is based on hydraulic technology.