The high CO2 content of Brazil’s pre-salt fields, which may reach values from 20% to 44% molar, presents both a challenge as well as an opportunity. CO2 stripped from the produced gas cannot be released into the atmosphere due to environmental restrictions. Therefore, the whole amount of CO2 produced should be continuously reinjected into the reservoir. This work investigates the effect of CO2 content on the low salinity water alternating CO2 injection technique (CO2LSWAG) using a commercial compositional reservoir simulator. In these field-scale simulations, CO2 is stripped from the produced gas and reinjected into the reservoir. Primary oil recovery methods such as CO2 flooding and LSW flooding are also simulated. Chemical reactions between CO2 and the minerals present in the reservoir are modeled. Wettability change is assumed to be the main mechanism for improved oil recovery due to low salinity water injection. Compositional simulations of CO2 injection usually assume a constant injected gas rate. In this case, CO2 is supposed to come from an external source. In many petroleum reservoirs this assumption is true. Three factors are assessed in the present work. The first one is the natural reservoir pressure, which is the main driving force in primary production. The second factor is the amount of CO2 available for injection. The third one is the wettability change promoted by the reaction involving CO2. It is shown that in primary production, higher CO2 content leads to quicker depletion of the natural energy of the reservoir, leading to lower oil recovery. Nevertheless, higher CO2 content also means that more gas is available for reinjection, potentially leading to increased oil production. Finally, as CO2 reacts with minerals it promotes a change in wettability from an oil-wet to a water-wet state. It is shown that the CO2 content is an important variable to be assessed in a high CO2 content reservoir. Optimal injection practices must take these three aspects into consideration.
Petrobras says it can produce oil for a lower break-even price than onshore shale plays, including the Permian Basin. Brazil’s offshore sector has cut the cost of deepwater production but comparisons based on break-even prices are slippery. It's Hard To Make Money in Deepwater, Even With Billions of Barrels To Produce Low oil prices have made the goal of this Petrobras project and its four partners to lower the break-even price of operating to USD 35/bbl.
Make or Breakeven: Is Unconventional Oil Production Getting More Efficient? If the benchmark oil price is $10/bbl higher than the breakeven price for production that means companies are making good money, right? Maybe, but it’s hard to know what goes into a breakeven price. Petrobras says it can produce oil for a lower break-even price than onshore shale plays, including the Permian Basin. Brazil’s offshore sector has cut the cost of deepwater production but comparisons based on break-even prices are slippery.
The BC-10 asset, located in deep water offshore Brazil, produces heavy oil in the range of 16 to 24 °API. In this article, two examples of production optimization for this field will be provided (further examples are available in the complete paper). This paper evaluates the feasibility of a number of production- and export-riser configurations for ultradeepwater applications.
Africa (Sub-Sahara) United Hydrocarbon International finished drilling the Belanga North-1 exploration well located in Doba basin in southern Chad. The well was drilled to a total depth of 1392 m, and encountered three oil-bearing sand intervals--two in the targeted Upper Cretaceous "YO" sands and one in an untested shallower sand. United Hydrocarbon (100%) is the operator. Asia Pacific China National Offshore Oil Corporation discovered natural gas in the Qiongdongan basin, South China Sea. Well Lingshui 17-2--located in the east Lingshui sag portion of the basin at an average water depth of 1450 m--was drilled and completed to a depth of 3510 m. Lingshui 17-2 encountered a gas reservoir with a total thickness of approximately 55 m. Statoil Australia Theta has drilled and completed the Oz-Alpha 1 exploration well in the southern Georgina basin in the Northern Territory, Australia.
Electrical-submersible-pump (ESP) technology is a proven artificial-lift method for shallow, low-pressure reservoirs such as those found in the West Sak viscous oil field in Alaska. This study examines how subsea processing (SSP) can develop into an important enabling technology for future ultradeepwater-field developments and long-distance tiebacks. Unconventional production patterns in the Permian Basin are leading producers to replace electrical submersible pumps (ESPs) with gas lift, which had been little used there. The sharp downturn in the offshore oil business has sparked interest in using subsea pumps to add production. If those conversations turn into orders, it may convert this rarely used option into a commonly used tool for extending the life of offshore fields.
Asia Pacific Santos discovered gas with the Corvus-2 well in the Carnarvon Basin, offshore Western Australia. The well, located in permit WA-45-R, in which Santos has a 100% interest, reached a total depth of 3998 m. It intersected a gross interval of 638 m, one of the largest columns discovered across the North West Shelf. Wireline logging to date has confirmed 245 m of net hydrocarbon pay across the target reservoirs. Total SA and partners ExxonMobil and Oil Search have signed a gas agreement with the government of Papua New Guinea that defines the fiscal framework for the Papua LNG project in the country's Eastern Highlands. The plan involves construction of three 2.7-mtpa LNG trains on the existing PNG-LNG plant site at Caution Bay just west of Port Moresby. Total has 31.1% interest, ExxonMobil has 28.3% interest, and Oil Search has 17.7%.
UK operator Trident Energy is entering Brazil while Australian firm Karoon Energy is expanding its position in the country. Both will try to boost output from already-producing assets. This paper presents a retrospective of the most-significant technologies developed and deployed in the Campos Basin for more than 80 production systems in more than 30 oil- and gas-field developments.
Megaprojects have come to define many of the world’s new resource projects but they are also a testament to the awesome engineering capabilities of the oil and gas industry. Find out who took home this year’s honors. 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.
Megaprojects have come to define many of the world’s new resource projects but they are also a testament to the awesome engineering capabilities of the oil and gas industry. Find out who took home this year’s honors. Shell’s Parque das Conchas project, an ultradeepwater heavy-oil development in the northern Campos basin offshore Brazil, has won the IPTC Excellence in Project Integration Award. The award recognizes significant and unique achievements in managing and directing a project from discovery to delivery.