Daily Archives: February 23, 2012

Recap: Worldwide Field Development News (Feb 17 – Feb 23, 2012)


This week the SubseaIQ team added 14 new projects and updated 47 projects. You can see all the updates made over any time period via the Project Update History search. The latest offshore field develoment news and activities are listed below for your convenience.

Northern Petroleum Contracts 3D Surveys for Italy Permits
Feb 20, 2012 – Northern Petroleum announced the completion of a 2D seismic survey in late 2011 and has contracted to acquire two 3D seismic surveys on permits F.R39.NP and F.R40.NP, subject to environmental consents. The area is recognized by Northern to be highly potential for the production of both oil and gas with 2P reserves having been independently attributed to the Giove and Rovesti oil discoveries. This view is perhaps reinforced by the recent on-site activities to place the nearby Aquila oil field back into production using a newly converted Floating Production and Storage Offloading vessels, stated the operator.
Noble Energy Interprets 2D Seismic Data from Rhone Maritime Concession
Feb 17, 2012 – Noble Energy and Melrose Resources are nearing completion of interpreting 2D seismic survey, acquired in early 2010, over the Rhone Maritime concession offshore France. The consortium plans to meet in the coming weeks to review the interpretation and discuss future work plans. The acreage, covering an area of about 3 million acres (12,500 square kilometers) in the Rhone delta in the French Mediterranean, has both Pre-Messinian and Post-Messinian hydrocarbon potential.
Africa – West
APCL Finds Oil at Narina Prospect
Feb 21, 2012 – African Petroleum has made a “transformational” oil discovery at the Narina-1 exploration well in Block LB-09 offshore Liberia. The well was drilled to a total depth of 15,912 feet (4,850 meters), encountering 105 feet (32 meters) of high-quality light oil pay in two separate intervals. The well found 69 feet (21 meters) of pay in good quality Turonian submarine fan system and 36 feet (11 meters) in a deeper Albian sand with secondary potential. At the Turonian level, the well appears to have clipped the edge of a potentially expansive fan system covering an area of 61,776 acres (250 square kilometers). The operator said follow-up appraisal drilling is required to determine field commerciality, but the early indications are extremely positive and, assuming a moderate thickening of the reservoir away from the discovery well, should underpin the pre-drill estimate of 500 MMbbls recoverable.
Project Details: Narina
Africa – Other
Anadarko, Cove Energy Hit Additional Gas Pay in Mozambique
Feb 21, 2012 – Anadarko has encountered additional pay at the Lagosta-3 appraisal well — a further 577 net feet (176 meters) of natural gas pay offshore Mozambique. The well found high-quality gas sands not well imaged by seismic data, thus confirming the gas accumulation to the western limits of WLBC gas complex, into what was an unknown area. Anadarko said that pressure readings have confirmed important reservoir continuity of Lagosta 3 to Lagosta 1 and 2, and to the Windjammer/Camarao wells situated further north. The operator is continuing towards making a final investment decision on the development in 2013. Furthermore, the operator is preceding to drill-stem test the Barquentine-2 well and is preparing to drill the Barquentine-4 appraisal well.
Project Details: Lagosta
Statoil Spies Natural Gas Offshore Tanzania
Feb 17, 2012 – Statoil confirmed that the Zafarai-1 well in Block 2 offshore Tanzania has encountered natural gas in a good-quality reservoir. The operator said it is too early to give any indication of size and commerciality. Drilling operations are ongoing and should take about three months to complete. The well is being drilled by the Ocean Rig Poseidon (UDW drillship) to a total depth of 16,900 feet (5,150 meters). Zafarai-1 is the first well drilled in the license, which covers an area of about 1.3 million acres (5,500 square kilometers). The water depth of the site is 8,470 feet (2,582 meters).
Project Details: Zafarai
N. America – US GOM
Apache to Spud Parmer in 2Q12
Feb 22, 2012 – Apache plans to spud the Parmer deepwater prospect, located in the GOM, in 2Q12. The prospect resides in Green Canyon Block 823, which Apache operates with a 50 percent interest.
Stone Energy Announces Plans for Pompano Field
Feb 22, 2012 – Stone Energy announced its three-year plan for the Pompano field in the GOM, which entails several workover/recompletion projects during 2012, followed by a platform drilling program projected for 2013. Additionally, the three-year plan calls for a drilling program utilizing a floating drilling rig to commence in 2014/2015. The deepwater field commenced production in 1996.
Project Details: Pompano
Technip to Install Subsea Equipment for Tubular Bells Development
Feb 20, 2012 – Hess Corporation has awarded Technip a lump sum contract for the development of the Tubular Bells field in the GOM. The contract covers the design, engineering, fabrication and subsea installation of more than 28 miles (45 kilometers) of flowlines, steel catenary risers, pipeline end terminations, piles and structures. Offshore installation is scheduled for completion during the first half of 2013.
Project Details: Tubular Bells
Anadarko Hits Additional Pay in Heidelberg
Feb 17, 2012 – Anadarko Petroleum has successfully appraised the Heidelberg-2 appraisal well, located in Green Canyon Block 903 in the deepwater GOM. Heidelberg-2 encountered about 250 net feet (76 meters) of oil pay in high-quality Miocene sands. The appraisal well was drilled to a total depth of 31,030 feet (9,458 meters) in about 5,000 feet (1,524 meters) of water, about 1.5 miles (2.4 kilometers) south and 550 feet (168 meters) structurally updip from the Heidelberg discovery well. Log and pressure data from the appraisal and discovery wells indicate excellent quality, continuous and pressure-connected reservoirs with the same high-quality oil. Anadarko plans to immediately sidetrack the well to evaluate the down-dip extent of the field, and plans to initiate pre-FEED activities to prepare for sanctioning a development plan, stated the operator.
Project Details: Heidelberg
Woodside Hits Gas in Ragnar-1
Feb 22, 2012 – Woodside Petroleum has made a discovery in the Ragnar-1 well offshore Australia in permit WA-430-P. The well intersected 623 feet (190 meters) of gross gas.
Europe – North Sea
Lansdowne Pleased with Amergin 3D Results
Feb 23, 2012 – Lansdowne has interpreted 3D seismic data over its Amergin prospect in the North Celtic Sea basin. The data has confirmed the presence of a robust rotated tilted fault block. The primary targets are for oil in the Cretaceous Basal Wealden sands, which are currently being appraised at the Barryroe 48/24-10Z well some 25 miles (40 kilometers) to the east, and the Upper Jurassic sands that are oil bearing in the Helvick field, 75 miles (120 kilometers) to the northeast. Prospective resource estimates for Amergin have increased from 62 million barrels of oil to 231 Mmbo reflecting additional prospectivity within the Cretaceous Wealdean sands as well as an upgrade to the estimates for the Basal Wealden (an increase of 79 Mmbo to 104 Mmbo) and Upper Jurassic (up by 10 Mmbo to 47 Mmbo). The Amergin prospect lies in License 5/08, which incorporates Blocks 47/25, 48/21 and 48/22. The blocks cover an area of about 110,950 acres (449 square kilometers). Landsowne Oil & Gas operates the license.
Project Details: Amergin
Nexen Connects Blackbird Umbilical to Aoka Mizu FPSO
Feb 23, 2012 – Nexen has successfully connected the Blackbird field umbilical tieback to the nearby Ettrick field’s Aoka Mizu FPSO in the UK sector of the North Sea. First Subsea conducted a front-end engineering and design (FEED) study to assess the ease of retrofitting an Oceaneering Multiflex power umbilical to the underside of the FPSO Aoka Mizu, without the need of a diver. A Type II bend stiffener connector (BSC) was selected to connect the electrical cable umbilical to a 20-inch-diameter J-tube on the FPSO.
Project Details: Ettrick
Lansdowne Upgrades Midleton Prospective Resources
Feb 23, 2012 – Lansdowne has interpreted 3D seismic data over its Midleton prospect in the North Celtic Sea basin. The data has confirmed that Midleton is a four-way dip closed faulted anticline at the primary Lower Cretacous “A” Greensand level. This sand is the main reservoir in the nearby Kinsale Head gas field and the sole producing reservoir in the nearby Ballycotton gas field. Prospective resource estimates for Midleton have increased from 56 Bcf of gas to 268 Bcf, with new potential seen in the Upper Wealden sands (94 Bcf). The primary Lower Cretaceous “A” sand has also been revised upwards from 56 Bcf to 174 Bcf.
Project Details: Midleton
Technip Bags Compression Contract for Asgard Field
Feb 22, 2012 – Technip has received a contract to oversee the marine operations of the world’s first seabed gas compression facility on the Asgard field, which is expected to increase recovery from Mikkel and Midgard by roughly NOK 278 MMbbl of oil equivalents. The contract for marine operations is one of several major contracts awarded in connection with the decision to adopt new technology in order to increase recovery and maintain production on the Asgard field. Asgard seabed gas compression will start up in 2015.
Project Details: Asgard
Statoil to Use Statfjord B Platform Beyond Design Lifetime
Feb 21, 2012 – The Petroleum Safety Authority Norway granted Statoil consent to use the Statfjord B platform beyond its design lifetime. The company has applied for a 20-year lifetime extension from Aug. 31, 2011.
Project Details: Statfjord Area
Xcite Upgrades Bentley Field’s Oil Reserves
Feb 20, 2012 – Xcite Energy has upgraded its oil reserves at the Bentley field, located in the UK sector of the North Sea. TRACS International Consultancy, an independent reserves auditor, estimated that oil reserves of the type 1P, 2P and 3P for the core area of Bentley are approximately 99 million, 116 million and 140 million barrels of oil, respectively. The operator plans to begin developing the field this year, after completing “significant work” in the latter half of 2011 to prepare for the Bentley Phase 1A work program in 2012. The field development plan for Bentley, comprising of Phase 1B and Phase 2, was submitted for approval to the Department of Energy and Climate Change in the final quarter of 2011.
Project Details: Bentley
North Sea Islay Production To Start In March
Feb 20, 2012 – Total expects to start gas production at the Islay field in the Norwegian sector of the North Sea next month, reported Dow Jones Newswires. Islay will connect to the Alwyn facility and is expected to produce at a production rate of 2.5 MMcm/d plus associated condensates.
Project Details: Greater Alwyn
Jette Ready and Awaiting Development
Feb 17, 2012 – Det norske received approval to proceed with the development of Jette, which contains 14 million barrels of oil equivalents, based on a 30 percent recovery rate. Daily production during the first year will constitute approximately 14,000 barrels. The estimated development costs of Jette amount to approximately 2.5 billion NOK. Production is scheduled to commence during Q1 2013. The field will be developed and operated by Det norske with day-to-day operations overseen by ExxonMobil. Det norske???s partner in the Jette development is Petoro.
Project Details: Jette (Jetta)
Black Sea
ExxonMobil, OMV Potentially Find Large Gas Pay in Black Sea
Feb 22, 2012 – ExxonMobil Exploration and Production Romania and OMV Petrom SA have made a potentially “significant” gas discovery in the Black Sea, offshore Romania. The Domino-1 exploration well encountered 232 feet (70.7 meters) of net gas pay, resulting in a preliminary estimate for the accumulation ranging from 1.5 to 3 Tcf or 42 to 84 Bcm. Drilling operations started at year-end 2011 and the total depth of the well is expected to be more than 9,843 feet (3,000 meters) below sea level. The consortium is planning new 3D seismic acquisition during 2012 with the results from the seismic study and evaluation of drilling to determine the next needed steps.
Project Details: Domino
Melrose Plans to Conduct 2D, 3D Survey Offshore Romania this Summer
Feb 17, 2012 – Melrose Resources received tenders from 12 contractors for the acquisition of 559 miles (900 kilometers) of 2D seismic data and 321,237 acres (1,300 square kilometers) of 3D seismic data on the Muridava and Est Cobalcescu blocks, situated offshore Romania. The contract is expected to be negotiated and awarded by the end of March with a view to acquire the survey over the summer months. Melrose acquired the blocks in March 2011.
Melrose Resources Processing, Interpreting 3D Seismic Data at Galata Block
Feb 17, 2012 – Melrose Resources is processing and interpreting new 3D seismic data acquired over the Galata block offshore Bulgaria, which is expected to be completed by the end of April 2012. The data will be used to update the prospect and lead inventory and to help formulate future drilling plans for the central area of the concession. The Galata Block houses the Galata and Kaliakra fields in the Black Sea.
Project Details: Galata Area


NMS Girl Of The Day #16 – Lisa Odendaal

Lisa Odendaal’s entry into the 2012 New Model Search sums up the spirit of the competition. An absolutely stunning entrant, great photography, swimwear and a beach.

If you look at the pictures for too long you could drift off into a happy place and forget all about sitting at your desk doing your job with your boss breathing down your neck. That’s the feeling we like to create here at Sports Illustrated HQ.

So we needed to reward Lisa for helping us do this – and what better way to do that than the NMS Girl Of The Day badge. Well done Lisa.

Remember to VOTE FOR LISA!

NMS Girl Of The Day #16 – Lisa OdendaalSports Illustrated.

USA: Genesis to Support Shell’s SURF Projects


Genesis has been awarded an Enterprise Framework Agreement by Shell Global Solutions International B.V., covering Subsea Umbilical Risers and Flowlines (SURF), Engineering and Project Management Services.

The contract duration is 5 years, with the option to extend for an additional 5 years and will cover the supply of services to support all of Shell’s SURF projects on a worldwide basis. The contract will focus on Shell’s activities in the Gulf of Mexico and Brazil and will initially be managed from the Genesis office in Houston, Texas.

John Cambridge, Managing Director of Genesis, stated: “We are very excited about this contract with Shell. It demonstrates the impact that the newly integrated Genesis organization is having on the worldwide subsea engineering market.”

Genesis is a market-leading engineering company focused on providing engineering and technical services to the global upstream oil and gas industry. The company’s services are utilised by oil and gas companies during its planning and development phase of oil and gas projects and in the execution of subsea onshore and offshore engineering projects. Its clientele includes super-majors and national oil companies, as well as small independents.


USA: SEACOR Buys 18 Liftboats from Superior


SEACOR Marine has reached an agreement with Superior Energy Services L.L.C. to purchase 18 liftboats for $134 million plus working capital.

The transaction is expected to close by the end of March 2012, subject to regulatory approvals. All of the liftboats are currently located in the U.S. Gulf of Mexico.

U.S.-based SEACOR Marine, a subsidiary of SEACOR Holdings Inc., operates a fleet of offshore marine support vessels, serving the global offshore oil and gas exploration and production industry worldwide with operations and infrastructure concentrated in the United States, Latin America, North Sea, West Africa, Southeast Asia, and the Middle East.


USA: Helix’s Oil & Gas Revenues Rise on High Prices and Lift in Production


Helix Energy Solutions Group, Inc., reported net income of $16.8 million, for the fourth quarter of 2011 compared with a net loss of $49.8 million, for the same period in 2010. Net income for the year ended December 31, 2011 was $129.9 million, compared with a net loss of $127.1 million, for the year ended December 31, 2010.

Owen Kratz, President and Chief Executive Officer of Helix, stated, “when filtering out the impairments, much of which were associated with declining economics on our natural gas properties, Helix booked another strong operational quarter and generated a relatively significant amount of free cash flow.”

Subsea Construction and Robotics revenues decreased in the fourth quarter of 2011 compared to the third quarter of 2011 primarily due to decreased utilization of our mobile pipelay equipment and lower activity levels at our onshore spoolbase facility. Overall our utilization rate for our owned and chartered vessels increased to 91% in the fourth quarter of 2011 from 86% in the third quarter of 2011. ROV and trenching utilization increased to 69% in the fourth quarter of 2011 compared to 67% in the third quarter of 2011.

Well Intervention revenues decreased in the fourth quarter of 2011 due primarily to lower day rate work performed in the North Sea coupled with the mobilization of the Well Enhancer to West Africa. Vessel utilization in the North Sea decreased to 96% in the fourth quarter of 2011 from 98% in the third quarter of 2011. Vessel utilization in the Gulf of Mexico (Q4000) was 100% in the fourth quarter of 2011. On a combined basis, vessel utilization decreased slightly to 98% in the fourth quarter of 2011 compared to 99% in the third quarter of 2011.

Oil and Gas revenues increased in the fourth quarter of 2011 compared to the third quarter of 2011 due primarily to slightly higher oil and gas production and higher oil prices. Production in the fourth quarter of 2011 totaled 2.24 MMboe compared to 1.95 MMboe in the third quarter of 2011.

The average price realized for oil, including the effects of settled oil hedge contracts, totaled $110.75 per barrel in the fourth quarter of 2011 compared to $100.93 per barrel in the third quarter of 2011. For natural gas and natural gas liquids, including the effect of settled natural gas hedge contracts, we realized $6.16 per thousand cubic feet of gas (Mcf) in the fourth quarter of 2011 compared to $6.15 per Mcf in the third quarter of 2011.

Oil and gas production has averaged approximately 24 thousand barrels of oil equivalent per day (Mboe/d) year-to-date through February 21, 2012, compared to an average of 24 Mboe/d in the fourth quarter of 2011.

Helix Energy Solutions Group, headquartered in Houston, Texas, is an international offshore energy company that provides development solutions and other key life of field services to the energy market as well as to its own oil and gas business unit.


%d bloggers like this: