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Calgary-based Colombia producers Canacol Energy and Parex Resources led all firms by gaining three blocks each, with one more counteroffer from Parex pending review. India’s ONGC reported an oil find in Colombia’s Llanos Basin as well as a gas and oil discovery in Brazil’s deepwater Sergipe Alagoas Basin. Colombia’s New Ambitions Include Caribbean and Shale Development, But Are They Achievable? Colombia is walking a thin line between becoming another fading petroleum province and Latin America’s next big success story. Its aces in the hole: unleashing its nascent offshore and unconventional sectors.
A new licensing round will open up 136 blocks in the Arctic Barents Sea. A new idea from Equinor calls for autonomous submarines to transport CO2 from the surface to the seabed. The Norwegian operator says the shuttles could also carry oil and water for injection. The Offshore Technology Conference was cancelled for the first time ever due to the COVID-19 pandemic. But the flow of ideas continues.
Two discoveries offshore Mexico add to April’s finding in the Norwegian Sea. The Esox-1 well encountered 58 m of high-quality oil-bearing Miocene reservoirs and will be tied back to Tubular Bells production facilities. The Orca-1 and Marsouin-1 wells have derisked up to 50 Tcf of gas initially in place from the Cenomanian and Albian plays in the BirAllah area, more than sufficient to support a world-scale LNG project, partner Kosmos Energy said. India’s ONGC reported an oil find in Colombia’s Llanos Basin as well as a gas and oil discovery in Brazil’s deepwater Sergipe Alagoas Basin. Development of the Tolmount East discovery will be fast-tracked, the operator said.
New report offers guidelines for pressure pumpers of the future. Mississippi land no longer up for grabs, as the fed continues to postpone or cancel the sale of public parcels. Country had hoped to boost oil output and bring in much-needed revenues. Autonomous Inflow Control Valve technology demonstrates significant benefits within first year. Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.
The complete paper discusses the systematic approach adopted by a service company to achieve the goal of safely abandoning wells offshore southwest Brazil with different completion types using light workover vessels. For the offshore sector, the collapse in oil demand and prices came just as the market was beginning to look up. Now many companies are focused on survival. This article discusses how various market segments, regions, and companies are faring in “the new reality.” This paper presents a fatigue-prediction methodology designed to extend the life of unbonded flexible risers and improve the accuracy of floating production, storage, and offloading vessel response analysis.
Africa (Sub-Sahara) Sonangol's deepwater Orca-1 well encountered oil in the presalt layer of Block 20/11 in the Cuanza basin offshore Angola. The well reached a measured depth of 12,703 ft. Initial well tests saw flow rates of 16.3 MMcm/D of gas and 3,700 BOPD. Cobalt International Energy (40%) is the operator, with partners Sonangol Research and Production (30%) and BP Exploration Angola (30%). Asia Pacific Premier Oil's Kuda Laut-1 well in Indonesia's Tuna production sharing contract has encountered 183 net ft of oil-bearing reservoir and 327 net ft of gas-bearing reservoir. Following evaluation operations, the well will be sidetracked to drill the Singa Laut prospect in an adjacent fault block. Premier is the operator (65%), with partner Mitsui Oil Exploration Company (35%).
A new licensing round will open up 136 blocks in the Arctic Barents Sea. Country had hoped to boost oil output and bring in much-needed revenues. Two discoveries offshore Mexico add to April’s finding in the Norwegian Sea. Oil companies large and small have pulled out the stops to stay on solid ground. The move to combine forces comes amid the fastest contraction in drilling activity the US shale sector has ever seen while Gyrodata will retain its international business.
Africa (Sub-Sahara) Gas was discovered at two separate levels in the Mronge-1 well in Block 2 offshore Tanzania. The discovery is estimated at between 2 and 3 Tcf of natural gas in place, bringing Block 2's estimated total in-place volumes up to 17 to 20 Tcf. Statoil (65%) operates the Block 2 license on behalf of Tanzania Petroleum Development Corporation, and partners with ExxonMobil Exploration and Production Tanzania (35%). Oil was discovered at the Agete-1 exploration well on Block 13T in northern Kenya. The well, drilled to a total depth of 1929 m, encountered 330 ft of net oil pay in good-quality sandstone reservoirs. Tullow Oil (50%) is the operator with partner Africa Oil (50%). Asia Pacific Drilling began on the YNG 3262 infill development well in the southern Nyaung Do area of the Yenangyaung oil field in Myanmar.
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. Senex commenced a four-zone selective completion of its Sprigg-1 exploration well within the Murta and Tinchoo formations and also in the Hutton sandstone and Paning member.
Africa (Sub-Sahara) Sahara Group discovered hydrocarbons in three wells drilled in Block OPL 274, located onshore in Nigeria's Edo State. Olugei-1 was drilled to a measured depth of 4537 m and encountered five hydrocarbon zones, with 33 m of net pay. Oki-Oziengbe South 4 was drilled to a measured depth of 3816 m and encountered 64.3 m of net pay in 13 hydrocarbon-bearing zones. Oki-Oziengbe South 5 was drilled to a measured depth of 3923 m and encountered 91 m of net pay in 19 reservoirs. Sahara Group (100%) is the operator.