Daily Archives: May 7, 2012

Pacific Drilling – Operations (video)

Building Our Fleet

In 2008, Pacific Drilling initiated construction of our first four drillships – Pacific Bora, Pacific Scirocco, Pacific Mistral and Pacific Santa Ana. We successfully contracted each of these rigs to international major and national oil companies.

Four rigs are in service, and two additional drillships, Pacific Khamsin and Pacific Sharav, are under construction at  Samsung Heavy Industries for delivery in 2013.  A seventh drillship is on order at Samsung for delivery in May 2014.

In Fall 2011, we commenced construction of Pacific Khamsin and Pacific Sharav. Like Pacific Santa Ana, each of these rigs are equipped with latest generation specifications and will be dual-gradient drilling capable.

Pacific Drilling – Operations.

Runaway Spending, Not Inadequate Tax Revenue, Is Responsible for Future Deficits

The main driver behind long-term deficits is government spending, not low revenue. While revenue will surpass its historical average of 18.1 percent of GDP by 2018, spending remains above its historical average of 20.2 percent, reaching 22.1 percent by 2022, even after $2.1 trillion in spending cuts in the Budget Control Act.

Runaway Spending, Not Inadequate Tax Revenue, Is Responsible for Future Deficits.

Nullify ObamaCare in Missouri!

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Posted by Ron Calzone

We have clearly learned that the liberty movement can accomplish a lot when we work together. Just recently liberty activists:

  • Killed the Obamacare Insurance Exchange Bill
  • Stopped Missouri from accepting a $50 million grant that would have been used to build the computer system needed for an Obamacare Exchange
  • Advanced the Health Care Freedom Amendment
  • Advanced a Sound Money bill
  • Helped stop the bill that sets up a prescription drug monitoring database
  • and more…

Now we have a chance to lead the nation with the first bill that truely and completely nullifies Obamacare!

This bill is not just about the so-called Affordable Care Act — it is about the states finally telling the federal government that we’re not going to sit by and allow them to trash the Constitution and the principles of federalism any longer.

To make HB 1534, the Obamacare nullification bill, a Senate priority we are going to have to muster a great show of force.  The best way to do that right now is with a huge quantity of witness forms for Tuesday’s hearing. 

Senator Cunningham is already sold on this bill and she doesn’t want a long or complex hearing, so we can save a mass rally for later, but right now about 1000 witness forms is just what is needed.

Please ask the members of your organization and other friends to go HERE for more information or go directly to this Witness Form.

Here’s a map of the witnesses at the time this email was drafted.

Source:

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Pacific Santa Ana Drillship Arrives in U.S. Gulf of Mexico to Work for Chevron

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Chevron Corporation  announced that the Pacific Santa Ana, a deepwater drillship built to Chevron’s specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract. Pacific Santa Ana is the first drillship designed with the capacity to perform dual gradient drilling (DGD).

“Pacific Santa Ana will enable us to demonstrate dual gradient drilling, which has the potential to change the way deepwater wells are drilled,” said George Kirkland, vice chairman, Chevron Corporation. “This new process builds on our record of technology leadership in deepwater.”

The drillship, build by South Korea’s Samsung Heavy Industroes, is an upgraded Dual Activity Samsung 12000 design dynamically-positioned drillship capable of operating in moderate environments and water depths up to 3,657 m (12,000 ft) using 18¾” BOP and 21” OD FT-DGD drilling riser and equipped for single and/or Dual Gradient Drilling (DGD)

“The addition of Pacific Santa Ana as Chevron’s fifth drillship in the deepwater Gulf of Mexico demonstrates our long-term commitment to developing America’s energy resources,” said Gary Luquette, president of Chevron North America Exploration and Production Company. “We are bullish on the Gulf, where robust energy exploration and development is vital to our nation’s economy and energy security.”

Unlike conventional deepwater drilling, which uses a single drilling fluid weight in the borehole, dual gradient drilling employs two weights of drilling fluid – one above the seabed, another below. This allows drillers to more closely match the pressures presented by nature and effectively eliminates water depth as a consideration in well design. DGD also allows drillers to more quickly detect and appropriately react to downhole pressure changes, which can enhance the safety and efficiency of deepwater drilling operations.

Pacific Santa Ana is equipped with a DGD riser, a mud lift pump handling system, six mud pumps – three for drilling fluid and three for seawater – extensive fluid management system enhancements and more than 72,000 feet of DGD-related cables. After additional equipment is installed and tested, Pacific Santa Ana will be used for exploratory and development drilling in the deepwater Gulf of Mexico.

Source

USA: Nexen’s Kakuna Well Fails to Impress

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Nexen Inc. today reported that drilling operations are complete on the Kakuna sub-salt exploration well on Green Canyon block 504 located approximately 180 miles southwest of New Orleans in deepwater Gulf of Mexico.

The well did not encounter commercial hydrocarbons, and is now in the process of being plugged and abandoned. Kakuna was drilled to a depth of 30,300 feet at a total cost of approximately $120 million, net to Nexen ($80 million after-tax).

Nexen is the operator of Kakuna with 72.5 %, while Statoil owns the remaining 27,5 %. Norway’s oil giant Statoil farmed into the Kakuna prospect in June 2011.

Nexen owns a broad inventory of exploration prospects in the Gulf of Mexico, including the sub-salt Miocene play in the central Gulf of Mexico and the Norphlet play surrounding our Appomattox discoveries.

The company’s 2012 exploration program includes approximately 15 offshore exploration and appraisal wells in the UK North Sea, West Africa and the Gulf of Mexico.

Source

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