Daily Archives: November 27, 2012
Noble Energy, Inc. today announced a discovery at the Big Bend exploration prospect in the deepwater Gulf of Mexico. The well, located in 7,200 feet of water on Mississippi Canyon Block 698, was drilled to a total depth of 15,989 feet. Open-hole logging identified approximately 150 feet of net oil pay in two high-quality Miocene reservoirs.
Charles D. Davidson, Noble Energy’s Chairman and CEO, said, “The discovery at Big Bend is an exciting follow-up to our recent success at Galapagos. The well results appear at least as good as our pre-drill mean resource expectations and de-risked our offset prospect Troubadour. The combination of excellent reservoir properties, fluid characteristics and our high working interest in this project will contribute significant production and cash flow for our business.”
Noble Energy operates with a 54 percent working interest in Big Bend. Other interest owners are W&T Energy VI, LLC (a wholly owned subsidiary of W&T Offshore Inc.) with 20 percent, Red Willow Offshore, LLC with 15.4 percent and Houston Energy Deepwater Ventures V, LLC with 10.6 percent.
Technip received instructions from Anadarko Petroleum Corporation to begin the engineering, construction and transport of a 23,000-ton Truss Spar hull for their Heidelberg field development. This field is located in the US Gulf of Mexico, at a water depth of 1,620 meters (5,310 feet).
The Letter of Intent allows Technip to begin construction work on the project and other early works including purchase of long-lead items for the hull and start of fabrication, in advance of the expected project sanctioning around mid-2013, after which it will enter into Technip’s backlog.
The Heidelberg Spar will have a capacity of more than 80,000 barrels of oil and 2.3 million cubic meters of natural gas per day.
Technip’s operating center in Houston, Texas will provide the overall project management and engineering. The detailed hull design and fabrication will be carried out by Technip’s construction yard in Pori, Finland where most of Technip’s Spar projects have been manufactured.
David Dickson, Technip’s Senior Vice President, North America Region, has declared: “Technip is really proud to have received this Letter of Intent. Not only does it strengthen our long-lasting relationship with Anadarko but it also confirms its continuous trust in the Group’s extensive know-how and expertise in Spar technology. After Lucius, awarded last year and currently being built in our yard in Pori, Heidelberg will be the 8th Spar delivered by Technip to Anadarko.”
The Heidelberg Spar will be the 17th delivered by Technip (out of 20 worldwide) and thus demonstrates the Group’s leadership for this kind of floating platform and ability to tackle ultra-deepwater developments. It also confirms Pori’s track record expertise and great capabilities to deliver state-of-the-art platforms.