Ashtead Technology has acquired Louisiana-based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions, as part of the company’s international growth plans in the US. The decision comes after the company’s discovery of an additional 400 million bbl of oil in place at Atlantis, one of the largest fields in the gulf. The expansion is expected to boost production of the deepwater Gulf of Mexico platform by approximately 30,000 BOE/D. It is the fourth major upstream project to begin production for BP in 2018. The Port Fourchon, Louisiana, facility will serve as the base for the company’s operations in the area.
Ashtead Technology has acquired Louisiana-based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions, as part of the company’s international growth plans in the US. LLOG’s subsea pipeline tiebacks and structures connecting the Stonefly development to the Ram Powell platform are scheduled to be installed in Q3 2019. The decision comes after the company’s discovery of an additional 400 million bbl of oil in place at Atlantis, one of the largest fields in the gulf. The expansion is expected to boost production of the deepwater Gulf of Mexico platform by approximately 30,000 BOE/D. It is the fourth major upstream project to begin production for BP in 2018.
In this case, a film guides the audience to make positive, personal choices whenever planning and operating a work at height. Safety depends on developing a dedicated culture mind-set and mitigation of risks, from the planning and engineering phases to the work site. These papers selected by OGF technical paper editor Gerald Verbeek present various practices for reducing and eliminating the number of incidents. The new satellite will build on the success of the company's demonstration satellite Claire, which has performed over 2,500 observations of oil and gas facilities as well as other natural and industrial sources of carbon dioxide and methane. Pipeline approvals can be a polarizing topic and advocacy for their viability is crucial for companies.
The independent oil and gas company is aiming to build shareholder value through a change in business focus to midstream with this step into pipeline service and construction. The startup of a second FPSO will add 115,000 BOPD to the deepwater project offshore Angola, bringing overall production capacity to 230,000 BOPD. If sanctioned and developed, the deepwater Pecan field would be Ghana’s fourth producing offshore field. First oil is expected 35 months after sanction, which could come as early as this year. The combination will operate and share ownership of midstream gas assets in the Utica and Marcellus Shale plays.
High-fidelity 3D engineering simulations are valuable in making decisions, but they can be cost-prohibitive and require significant amounts of time to execute. The integration of deep-learning neural networks with computational fluid dynamics may help accelerate the simulation process. The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines. The independent oil and gas company is aiming to build shareholder value through a change in business focus to midstream with this step into pipeline service and construction. Phase 1 of the development today marked the sail-away from Kværner’s yard of the 560-bed living-quarters topside, the largest of its kind in Norway.
This course is designed for petro physics and reservoir engineers who are involved in formation sampling and testing. To learn about reservoir characterisation using formation testers, to be able to interpret pressure and fluid properties, and to design a successful sampling and testing operation. This class is designed for geophysicists, reservoir engineers and any engineers involved or interested in wireline formation sampling and testing including petro physical engineers, production engineers and testing engineers. There are no special requirements for this course. It is recommended for participants to bring their own examples to contribute to course discussions.
The move comes weeks after Gazprom announced a final development concept for the project. Other projects Shell is developing with Gazprom, including the Sakhalin 2 export facility, will not be impacted by the decision. The next big wave of decommissioning and abandonment projects is set to occur in the Asia-Pacific region, and APAC’s operators are now tasked with finding cost- and time-effective ways of unwinding their huge agglomeration of wells and facilities. This digital deal is helping to make augmented reality a new reality for oil and gas operations. The project framework agreement moves the proposed conversion of Lake Charles LNG’s import and regasification terminal closer to sanction, which is expected sometime this year.
Africa (Sub-Sahara) Oil samples have been recovered in the FAN-1 exploration well, being drilled offshore Senegal. Elevated gas and fluorescence were encountered in a shallow secondary target, and the presence of oil was confirmed by an intermediate logging program. Oil samples from thin sand were collected by a wireline formation tester for further analysis. The well will be deepened to a planned total depth of approximately 5000 m. Cairn is the operator (40%), with partners ConocoPhillips (35%), FAR (15%), and Senegalese national oil company Petrosen (10%). A drillstem test of BG Group's Mzia-3 well--located in Block 1, offshore southern Tanzania, at a water depth of around 1800 m--reached a maximum sustained flow rate of 101 MMscf/D of natural gas. The Mzia prospect is a multilayered field of Upper Cretaceous age with a gross gas column estimated at more than 300 m.
This course will discuss the practical state-of-the-art techniques of Volume to Value (VV) to help attendees assess exploratory deepwater offshore oil and gas prospects and quantify economic values of the prospects. Attendees will learn how to develop a preliminary field development plan for a given discovery prospect and estimate oil and gas recovery, wells required, and costs. They will also learn how to conduct economic evaluation for lease sales or farm-in opportunities. Upon completion of this course, attendees should be able to evaluate the commercial potential of original oil and gas in-place in exploratory blocks and develop preliminary field development plans. Attendees should also be able to obtain value of the opportunity in order to make the decision to go ahead and develop the field or walk away from it, as well as identify constraints in terms of geology and engineering that will make it viable or impede the realization of the project.