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Sempra Energy’s Energía Costa Azul LNG (ECA LNG) subsidiary reached a final investment decision (FID) to build its $2-billion Phase 1 natural gas liquefaction export project in Baja California, Mexico. ECA LNG, a joint venture between Sempra LNG and its Mexico subsidiary IEnova, is the only LNG export project to reach FID in 2020, and is slated to be the first on the Pacific Coast of North America. The facility will connect natural gas supply from Texas and the western US to Mexico and other countries across the Pacific Basin. First production from Phase 1 is expected in late 2024. The company secured a 20-year supply agreement with Mitsui and an affiliate of Total for the purchase of 2.5 mtpa and is working with Total for a potential equity investment in the facility.
Ford Brett, SPE, was recognized with the 2020 American Institute of Mining, Metallurgical, and Petroleum Engineers (AIME) Presidential Citation. The award recognizes extraordinary and dedicated service to further the goals, purposes, and traditions of AIME. Brett is the CEO of PetroSkills and has consulted in more than 45 countries in petroleum process and project management. Before joining PetroSkills, he was with Amoco Production Company where he worked on drilling projects in the Bering Sea, the North Slope of Alaska, the Gulf of Mexico, offshore Trinidad, and Wyoming and led a project that first identified drill-bit whirl, which is considered as one of the 100 most significant developments in the history of the petroleum industry. In 2010, he advised the US Department of Interior as one of seven reviewers of the “30-Day Report” immediately following the BP Macondo tragedy in the Gulf of Mexico.
A ring of at least five people targeted syntactic foam, a key material for deepwater oil drillers that also has military and commercial uses. Hans Leo Hals, managing director for Trelleborg’s offshore operation based in Norway, met with leading oil and gas representatives in Mexico over a number of months to support improving the safety of Mexico’s offshore assets in the Gulf of Mexico.
Australia’s BHP Billiton and the recently acquired Anadarko Petroleum submitted the largest dollar totals of high bids in US Gulf of Mexico Lease Sale 253. The rebrand follows the completion of BP’s $10.5-billion purchase of BHP’s assets in the Permian, Eagle Ford, and Haynesville. BHP Billiton lost billions during its foray into US shale, but that doesn’t mean it has soured on oil and gas—particularly when it comes to deepwater development. Will Blockchain Become the New Operational Backbone in Energy? Energy companies are looking to distributed ledger technology—otherwise known as blockchain—to help navigate the complex transactional systems that make up their operations.
A study using a dynamic multiphase-flow software simulated a rapid-unloading event and determined the gas fraction in the riser annulus and the effect on riser fluid levels. The Troll field is one of the largest gas producers discovered off Norway, but ensuring its long-term future required finding ways to drill wells in an increasingly fragile formation to develop its rich oil reserves. The list of wells drilled using dual gradient includes one drilled in the “eastern Gulf of Mexico,” which could be more precisely described as offshore Cuba. A previous attempt to drill an exploration well in ultradeep water in the Gulf of Mexico (GOM) did not reach its objective.
A strong reason for removing old platforms from the Gulf of Mexico, rather than trying to squeeze more years of marginal production out of them, is hurricanes. A destructive run of three hurricanes has been a catalyst for a flurry of innovations in decommissioning shallow-water wells in the US Gulf of Mexico.
The leadership change comes amid a downturn in global crude prices which has lowered the national oil company’s revenues this year. Taking over the position will be the current chief financial officer. The Monument well represents the Norwegian operator’s first deepwater drilling project in US waters in 5 years. As the fallout deepens from the coronavirus pandemic and the global collapse in oil and gas prices, oil- and gas-producing regions around the world are feeling the pain. The first interdisciplinary oil and gas conference to be held in Saudi Arabia, the 12th International Petroleum Technology Conference, was the largest in its history in attendance.
Pemex and Talos Energy have 120 days to decide how to share a massive offshore field that both companies claim they should operate. Failure to come to terms means the government will decide the matter. Talos is hoping to retain its operatorship of the major discovery it made in 2017 offshore Mexico after a reserves audit confirmed the reservoir is shared between two offshore blocks. Finding niches that provide a competitive edge over larger operators has enabled Talos Energy to leapfrog into a powerful position with Mexico’s first offshore wildcat discovery. A major offshore discovery led by Talos Energy is the first successful wildcat well drilled by a private company in Mexico in almost 80 years and a milestone for the country’s recently enacted energy reform.
Shell and Chevron lead the pack in a slew of Q2 losses with $18.1 billion and $8.3 billion, respectively. ExxonMobil, ConocoPhillips, Royal Dutch Shell, Petrobras, and Repsol also posted losses. The Monument well represents the Norwegian operator’s first deepwater drilling project in US waters in 5 years. The Spanish oil and gas company says existing or foreseeable technologies will achieve at least 70% of its ambitious plan to shrink its carbon footprint. Spain’s Repsol will assume 100% interest in and operatorship of the joint venture as Equinor leaves the 9-year partnership.
Africa (Sub-Sahara) Eni Congo discovered oil at its Minsala Marine 1 well offshore the Republic of the Congo in Marine XII Block 12 km from the operator's recent Nené Marine discovery. Minsala intersected 420 m of gross pay and encountered light oil in a Lower Cretaceous presalt sequence. The well reached a total depth of 3700 m. Eni (65%) is operator, with state-owned partner SNPC 25%), and New Age (African Global Energy) Limited (10%). SOCO EPC's Lindongo X Marine 101 Well (LXM-101)--located offshore the Republic of Congo in Marine XI Block--encountered oil in a clastic sequence of the Djeno sands, with early log interpretation indicating approximately 50 m of gross pay.