Recap: Worldwide Field Development News (Jun 15 – Jun 21, 2012)
This week the SubseaIQ team added 3 new projects and updated 30 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.
Africa – West
Jun 21, 2012 – Rialto Energy reported that it has encountered high gas readings and recovered oil and gas samples from the sidetrack of its Gazelle-P3 well. Wireline logs have been taken while further logging with vertical seismic profile and sidewall coring are continuing with completion expected in the next three days. Rialto said the oil and gas samples were recovered from the Upper Cenomanian sands as expected while the gas readings were noted in the Lower Cenomanian. The samples will also be used to assist in the design of the Gazelle field development processing facilities.
Project Details: Gazelle
S. America – Other & Carib.
Chevron Enters Suriname Acreage
Jun 20, 2012 – Kosmos Energy has entered into an agreement with Chevron under which Kosmos will assign half of its interest in Blocks 42 and 45, offshore Suriname, to Chevron. Under the agreement, Kosmos will have a 50 percent working interest and remain operator of both blocks until the end of the exploration phase. Chevron will assume the remaining 50 percent working interest and will become development operator of any commercial discoveries. Blocks 42 and 45 cover an area of about 2.8 million gross acres in water depths ranging between 650 to 8,500 feet (200 and 2,600 meters). First drilling is targeted for 2014.
Asia – SouthEast
Jun 18, 2012 – Salamander Energy has spud the Bualuang Far East-1 exploration well in Block B8/38, Gulf of Thailand. The Bualuang Far East prospect is located approximately four miles (six kilometers) to the northeast of the Bualuang oil field. The Far East-1 well will be drilled to a total vertical depth of 4,765 feet (1,452 meters) subsea. The primary target is the T5 Miocene sandstones with secondary targets comprising an underlying Permian-age Ratburi carbonate and a T4 Miocene sandstone stratigraphic trap. The main T5 objective has potential mean recoverable resources of 20 million barrels of oil. The well will be drilled by the ENSCO 53 (300??? ILC) jackup and is expected to take about 20 days to complete.
Project Details: Bualuang
Jun 19, 2012 – Chevron has agreed to sell 10-percent participating interest of its Wheatstone field licenses and 8-percent participating interest of its Wheatstone natural gas processing facilities to Japan’s Pan Pacific Energy. Chevron added that Japan’s Tokyo Electric Power Company (Tepco), one of the stakeholders in Japan’s Pan Pacific Energy K.K, has agreed to purchase an additional 0.4 million tons per annum (MTPA) of liquefied natural gas from the Wheatstone Project for up to 20 years. This new agreement brings Tepco’s total LNG offtake to 4.2 MTPA.
Project Details: Wheatstone
Noble Suspends Pinnacles Gas Flow
Jun 18, 2012 – Noble Energy has suspended gas flow from the Pinnacles No. 1 well offshore Israel. According to partner Delek Group, this is due to an indication of a gas composition that does not match the specification for flow. The operator plans to examine alternative options including gas treatment to allow the resumption of gas flow.
N. America – US GOM
Jun 15, 2012 – The Ligurian No. 2 well has failed to encounter commercial hydrocarbons and will now be plugged and abandoned after reaching a final depth of more than 30,000 feet (9,144 meters). The ENSCO 8503 (UDW semisub) drilled the well to a total depth of 31,800 feet (9,693 meters).
Project Details: Ligurian
Jun 15, 2012 – The BOEM recently approved Anadarko’s permit to drill at its Shenandoah prospect in Walker Ridge Block 51. The permit lists the ENSCO 8505 (UDW semisub) as the rig that will perform drilling operations. The Shenandoah well has a proposed depth of 32,000 feet (9,754 meters) and is located in approximately 5,800 feet (1,768 meters) of water.
Project Details: Shenandoah
Europe – North Sea
Jun 21, 2012 – Ocean Installer has completed a survey and intervention work at the Balder field. The conducted work encompassed inspection and maintenance of the subsea control system at the field. Balder is located on Blocks 25/10 and 25/11 in the Norwegian sector of the North Sea about 118 miles (190 kilometers) west of Stavanger, Norway at a water depth of 410 feet (125 meters).
Project Details: Balder
Jun 21, 2012 – Providence Resources has completed the core analysis of the reservoir at its Barryroe discovery. The firm said that permeabilities in the basal oil-bearing reservoir interval have exceeded expectations, while good permeabilities have also been confirmed in secondary logged hydrocarbon-bearing sand. The permeabilities in the basal oil-bearing interval confirm the high-productivity nature of this reservoir as observed during well-testing operations, said Providence. The company will provide a revised resource update for Barryroe later this summer.
Project Details: Barryroe
Jun 20, 2012 – Technip won a contract for the development of the Boyla field in the Norwegian sector of the North Sea. The $381 million deal with Marathon covers all activities necessary to complete the construction of the subsea system for the field development and connect it to the existing Alvheim subsea facilities. Offshore construction will take place in 2014. The field is to be developed as a subsea tie-back to the Alvheim FPSO, with two production wells and a water injection well. The Boyla field is estimated to hold reserves of 23 million barrels of oil equivalent.
Project Details: Alvheim
Jun 19, 2012 – Statoil reported that the Valemon jacket was successfully delivered and installed on the field, which lies in the Norwegian sector of the North Sea. The 9,000-ton steel jacket was carried out as planned and the project remains on schedule. The jacket, which was built by Heerema Fabrication Group in Vlissingen in the Netherlands, was transported from the shipyard and out to the field by the crane barge Thialf. Development of Valemon involves a fixed platform with a steel jacket for the separation of gas, condensate and water. The rich gas will be transported via a new pipeline to the existing pipeline from Huldra to Heimdal for further processing. The condensate will be piped to the Kvitebj??rn platform for stabilization and further transport via the Troll oil pipeline to the Mongstad refinery. At peak production, Valemon is expected to deliver roughly 86,000 barrels of oil equivalent per day. The field is expected to come on stream in the fourth quarter of 2014 and has a life expectancy of 11 years.
Project Details: Valemon
Jun 15, 2012 – Nexen reported that the Buzzard oil field will have an extended four-week shutdown in the third quarter for the field’s five-year regulatory inspection. The company did not specify when the shut-down will likely occur. Buzzard produces about 200,000 bopd and is the largest oil field that contributes to Forties crude.
Project Details: Buzzard
Jun 15, 2012 – Statoil has submitted a plan for development and operation for the Svalin field to the Norwegian government and reported it expects to bring the field online in 2013. Recoverable reserves at the field are estimated at around 75 million barrels of oil equivalent, with two structures Svalin C and Svalin M containing similar quantities. The Svalin C and Svalin M discoveries will be developed through a ‘fast-track’ method that uses a standard solution involving processing by existing infrastructure. The Svalin development will be tied-back to the Grane platform. Svalin M will be produced by a well drilled from the Grane platform, while Svalin C will be a subsea development connected via a four-mile long flowline to the Grane platform. The hydrocarbons will utilize shared processing and export facilities. The gas compression facility at the Grane platform will be modified to handle gas from Svalin. Oil from the Svalin development will be transported, along with production from the Grane field, through the existing pipelines for storage and shipment from the oil terminal at Sture.
Project Details: Svalin
Jun 15, 2012 – Shell sent SBM Offshore a letter of interim award (LOIA) for the supply, lease and operation of a FPSO for the Fram field in the UK sector of the North Sea. The LOIA allows SBM Offshore to commence engineering and procurement of long lead items to ensure timely completion of the planned Fram FPSO project, which is subject to a Final Investment Decision. In March 2012, Shell and SBM Offshore signed an Enterprise Framework Agreement (EFA) covering a term of five years, with an option to extend for another five years. The Fram FPSO, subject to a Final Investment Decision, will be the first project to be developed under the terms of the EFA. The hull of the FPSO will be based on a converted Aframax tanker and will incorporate an internal turret permanent mooring system. The crude will be offloaded to shuttle tankers and the gas exported via the existing Fulmar pipeline.
Project Details: Troll Area
N. America – Canadian Atlantic
Jun 21, 2012 – Statoil has confirmed that it has found between 100 and 200 million barrels of recoverable oil at its Mizzen deepwater prospect offshore Newfoundland. The company stated it is now assessing the discovery to determine how and when it can be economically developed. Statoil discovered oil in 2009 while drilling Mizzen O-16 and appraised the find in late 2011. Statoil plans to drill two new wildcat wells in the area by the end of next year, and potentially additional wells in 2014 and beyond. Mizzen is situated roughly 311 miles (500 kilometers) east of St. John’s in 3,609 feet (1,100 meters) of water.
Project Details: Mizzen
- Recap: Worldwide Field Development News (Jun 8 – Jun 14, 2012) (mb50.wordpress.com)
- Recap: Worldwide Field Development News (Jun 1 – Jun 7, 2012) (mb50.wordpress.com)
- Recap: Worldwide Field Development News (May 18 – May 24, 2012) (mb50.wordpress.com)
- Atwood Osprey Rig Stays with Chevron in Australia Until 2017 (mb50.wordpress.com)
- Chevron Acquires Offshore Suriname Acreage (mb50.wordpress.com)
Posted on June 21, 2012, in Completions, Drilling, Exploration, Offshore FIeld Development, Oil & Gas - offshore, P & A, Regulation, Service, Subsea, Subsea Systems, SURF, Technology, Well Intervention, Well solutions and tagged Chevron, deepwater, energy, Japan, Liquefied natural gas, News, Noble Energy, Semisubmersible, subsea intervention, Tokyo Electric Power Company, Wheatstone, Worldwide Field Development. Bookmark the permalink. Comments Off on Recap: Worldwide Field Development News (Jun 15 – Jun 21, 2012).