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.
The growing amount of heavy crude processed worldwide has created additional separation challenges, leading some operators to turn to alternative technologies. In some cases, electrocoalescence has been an effective tool to separate oil from water. As the world's supply of crude becomes heavier, many of the world’s oil producers will have to think more carefully about heavy crudes and the challenges they pose for processing, storage, and transportation. At the end of the day, when you are working with heavy oil, the question is how to design your system, including both the layout and the functional aspects of various equipment. The OTC 2012 Spotlight on Technology awards highlighted subsea separation and boosting and subsea heavy oil and water separation technologies in deep water.
Subsea Production Systems—Will 2019 Be a Tipping Point? The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power? New local content regulations could speed up the pace of presalt oil production by more than 21 billion bbl by the mid-2020s. Karoon and Parnaíba Gás Natural are the first companies to apply to change their contract terms.
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.
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.
The explorer has so far encountered 400 ft of reservoir pay zone in an area where it has three other producing fields. Murphy Oil to Buy Deepwater US Gulf Assets for up to $1.625 Billion The El Dorado, Arkansas-based Murphy has quickly found a home for some of the cash it will receive from the sale of its Malaysia business. The company has been rapidly expanding its US gulf footprint while simplifying its portfolio and targeting more oil. 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 French major is racking up barrels of deepwater production as part of its large-scale West African push.
Companies in the petroleum industry, from exploration and production, to transportation, refining, and distribution, operate around the clock. This paper intends to raise awareness on the impact of fatigue in the petroleum industry and recommend a framework for fatigue risk management. 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. RDS, a KCA Deutag division, and Kavin Engineering and Services entered into a strategic alliance to jointly pursue design and engineering projects across the upstream and midstream oil and gas market. Last month, KCA Deutag agreed to form a joint venture with SOCAR.
BP and partners have sanctioned the Azeri Central East project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli oilfield complex in the Azerbaijan sector of the Caspian Sea. 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. Are Deepwater Projects Due for a Revival?
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. Are Deepwater Projects Due for a Revival? The oil price downturn spawned a lull in deepwater enthusiasm, but better project execution and reduced project lead times have helped operators achieve lower costs and better returns. What does the landscape for deep water look like in the near term?