Shell and SBM Offshore won recognition for their Gulf of Mexico Stones field development. The OTC Distinguished Achievement Award will be presented during a luncheon on 1 May at the Offshore Technology Conference in Houston. The author discussed the awards at the recent Offshore Technology Conference. OTC recognized three figures who have contributed to facilities engineering: Dendy Sloan, Jim Brill, and Ken Arnold. They were recognized with the Distinguished Achievement Awards for their technical and leadership contributions to the industry.
Shell and SBM Offshore won recognition for their Gulf of Mexico Stones field development. The OTC Distinguished Achievement Award will be presented during a luncheon on 1 May at the Offshore Technology Conference in Houston. Gene Kouba was recognized with the Projects, Facilities and Construction award during ATCE. OTC recognized three figures who have contributed to facilities engineering: Dendy Sloan, Jim Brill, and Ken Arnold. They were recognized with the Distinguished Achievement Awards for their technical and leadership contributions to the industry.
The French major is racking up barrels of deepwater production as part of its large-scale West African push. Oil prices have fallen since early October in lockstep with the plunge in 2014. But this time oil companies appear better able to deal with a tough situation. Chevron, ConocoPhillips, Equinor, Shell, and Total are among nine firms looking to explore the Pearl River Mouth Basin. Vaca Muerta production is on the upswing.
A newly launched JIP aims to bridge the BSEE and API frameworks and achieve industry consensus on the analysis and inspection data required to assess the feasibility of an extended service life. The announcement comes 7 months after the two received permission to begin the tendering process for the project offshore Nigeria, which is expected to carry a peak production of 225,000 BOPD by 2022. The SPAs signed with Shell and Tokyo Gas take Anadarko’s long-term sales from the project to more than 7.5 mtpa, with additional deals expected in the near future. Saipem is taking the lead in advancing the capabilities of FlatFish, an autonomous underwater vehicle being developed by Shell for commercial application by 2020. ROVs dominate the world of subsea inspections, maintenance, and repair, but as operators work in a post-downturn economy, autonomous systems have become more in demand.
The second round will offer 19 offshore blocks clustered in five zones to continue natural gas development in the eastern Mediterranean’s Levant 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.
Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin. The unit is flowing oil and gas from the Lula Extremo Sul area, 290 km off Rio de Janeiro state in 2150 m of water. The new venture will operate several deepwater assets—including the Cascade, Chinook, Medusa, and Thunder Hawk fields. Equinor and ExxonMobil continued their aggressive pursuit of acreage offshore Brazil, collecting more blocks in the country's 4th pre-salt bid round. Brazil’s large offshore discoveries and domestic demand for oil and gas are a combination that holds potential for explorers to make money on high-priced blocks.
The US majors plan to produce around 1 million BOE/D each from the basin, which has become a primary focus of their upstream operations. This industry is one often considered reactive and overly tradition-bound. These new technologies, however—and, more importantly, the drive of these researchers to harness their capabilities—prove that petroleum engineers remain at the forefront of innovation and discovery. 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. Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin.
McDermott will provide EPC, hookup, and commissioning of the Cassia C topsides, a jacket, and a bridge to link Cassia C with the existing Cassia B platform. A project of “firsts,” Equinor’s Aasta Hansteen spar platform began producing gas on 16 December, opening a new region for gas export to Europe and the UK. A report from Rystad Energy shows a near-term boost in the global floating production market, with more than 30 new FPSO projects possibly reaching sanction from 2019 to 2021. Remote condition monitoring of offshore platform equipment tracks performance data, watching for deviations from baseline benchmarks. Unexpected variances can be investigated and serviced by technicians dispatched to target the root causes—an approach called condition-based maintenance.
Oil companies generate an enormous amount of data but are reluctant to share it. But more sharing of information may be required in the future to keep up with a rapidly changing energy landscape. This paper discusses the successful application of managed-pressure drilling (MPD) in the basin with reduction in risks and well costs. This paper discusses how managed-pressure-drilling (MPD) technology led to cost savings in two wells drilled in the Hai Thach gas field offshore southern Vietnam. The discovery is world’s third-largest natural gas discovery in the past 2 years.
Africa (Sub-Sahara) ExxonMobil subsidiary Esso Exploration Angola has started oil production at the Kizomba Satellites Phase 2 project offshore Angola. The project involves the development of subsea infrastructure for the Kakocha, Bavuca, and Mondo South fields. Mondo South is the first field to begin production, and the other two satellite fields will follow later this year. The goal is to increase Block 15's production to 350,000 BOPD. Esso (40%) is the operator with BP Exploration Angola (26.67%), Kosmos Energy discovered gas at the Tortue West prospect in Block C-8 offshore Mauritania.