Daily Archives: July 12, 2013
This week the SubseaIQ team added 5 new projects and updated 23 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.
Asia – SouthEast
Jul 12, 2013 – Premiere Oil announced that on June 21 a planned 4-week shutdown of the Anoa field gas processing facility commenced to allow the completion of the Phase 4 compression project. The project was implemented to add additional gas processing capacity to handle the decline of oil production and the increase of associated gas production. First gas is expected near the end of July with final commissioning to be complete by September. Phase 4 will allow the commercialization of roughly 200 Bcf of undeveloped proven reserves. The Anoa field is located off Indonesia in Natuna Sea Block A. Premier (28.667%) operates the field on behalf of its partners KUFPEC (33.33%), Hess (23%) and Petronas (15%).
Project Details: Anoa
Jul 12, 2013 – KrisEnergy, operator of the Kutai PSC offshore Indonesia, announced the completion of drilling operations at the Tayum-1 exploration well. Shelf Drilling’s Randolph Yost (300′ ILC) drilled the well directionally to a measured depth of 11,095 feet (8,410 feet total vertical depth). Almost 50 feet of net gas pay was encountered over multiple sandstone intervals. The well has been plugged and abandoned as a gas discovery.
Project Details: Tayum
Jul 11, 2013 – Nido Petorleum secured a 12-month extension from the Philippines Department of Energy relating to Sub-Phase 6 for Service Contract (SC) 54A. Sub-Phase 6 now has an effective end date of Aug 4, 2014 and Sub-Phase 7 will commence Aug 5, 2014 and last for 12 months. The extension allows Nido and its partners additional time to complete engineering and development studies prior to making the decision on whether or not to enter Sub-Phase 7. Lawaan is the leading drillable prospect in SC54A with oil-in-place estimates of 34.7 million barrels.
Project Details: Lawaan
Africa – West
Jul 11, 2013 – Ophir Energy’s Starfish-1 well has been drilled to 14,370-feet total depth (TD) by the Stena DrillMax (UDW drillship) in the Accra PSC offshore Ghana. A wireline logging program was carried out in the well that confirmed over 750 feet of gross water-bearing sandstone in the primary target. The secondary target was determined to be comprised of poorly developed sands that were also water-bearing. Evaluation of the logging data will continue in an effort to help the PSC partners decide by the Sept. 23-deadline on whether or not to proceed with the Phase 2 work program.
Project Details: Starfish
Jul 11, 2013 – The partners in Namibian license PEL0010 selected the new-build Rowan Renaissance (UDW drillship) to drill the Welwitschia-1 exploration well. Rig delivery is expected to take place in December 2013, at which point the drillship will sail directly to Namibia to spud the well in mid-February 2014. Detailed well planning is underway and a site has been selected that will allow the well to test the primary and secondary targets in Maastrichtian and Aptian-Albian reservoirs. Procurement of long-lead items is underway with deliveries to begin by the end of the year. License partners include Repsol (44%) as operator, Tower Resources (30%) and Arcadia (26%).
Project Details: Welwitschia
Europe – North Sea
Jul 12, 2013 – Bridge Energy, a partner in UK license P1763, announced the Blackford Dolphin (DW semisub) has been contracted by operator-MPX North Sea to test the Aragon prospect with an estimated spud date in 1Q 2014. Aragon is located near the Beryl field and the well will be target sands in the Upper Jurassic Heather formation. Drilling the exploration well will fulfill a work commitment that needs to be completed before 1Q 2015.
Project Details: Aragon
Jul 12, 2013 – Premier Oil and KUFPEC Norway AS have entered into an agreement to acquire BG Group’s entire 40% interest in license PL407 on the Norwegian continental shelf. If approved by regulatory authorities, the revised license ownership will consist of Premier (50%) as operator, KUFPEC (30%) and Tullow (20%). PL407 contains the Bream discovery which has been estimated to contain around 50 MMboe. Development of the field is expected to be sanctioned at some point in 2014.
Project Details: Bream
Jul 12, 2013 – Lundin Petroleum announced the successful completion of its latest Johan Sverdrup appraisal well. Well 16/3-6 was drilled by the Bredford Dolphin (mid-water semisub) to a depth of 6,643. A 37-foot oil column was discovered in good quality Upper Jurassic sandstone. The rig will now mobilize to license PL544 to drill well 16/4-7 on Lundin’s Biotitt prospect.
Project Details: Johan Sverdrup
Jul 12, 2013 – Cairn Energy’s 38% farm-in as operator of Frontier Exploration Licenses (FEL 2/04) and 4/08 has been approved by Ireland’s Minister of State at the Department of Communications, Energy and Natural Resources (DCENR). License FEL 2/04 contains the Burren and Spanish Point discoveries and FEL 4/08 holds the Cama oil prospect. Cairn has contracted the Blackford Dolphin (DW semisub) to drill an appraisal well at Spanish Point in 2Q 2014. In addition to the two FELs, Cairn also secured operatorship of a licensing option in the Porcupine Basin covering 1,062 square miles.
Project Details: Spanish Point
Jul 11, 2013 – The Norwegian Petroleum Directorate (NPD) granted Statoil a permit to drill an exploration well at its Iskrystall prospect in license PL608. Well 7219/8-2 will be drilled by the West Hercules (UDW semisub) in 1,128 feet of water. The well will test a similar early-middle Jurassic play that was proven by the Skrugard and Havis discoveries but is thought to lie at a much greater depth at Iskrystall.
Project Details: Iskrystall
Jul 11, 2013 – Lundin Petroleum announced the spud of well 16/2-18S in Norwegian license PL265. The well is being drilled by the Ocean Vanguard (mid-water semisub) to test the presence of quality Jurassic reservoir and the quality of fractured and weathered basement rock. Additionally, the well will serve to delineate the northeast extension of the Johan Sverdrup discovery. The rig is expected to be on location for 40 days while drilling to the proposed total depth of 6,463 feet.
Project Details: Johan Sverdrup
Jul 11, 2013 – A wireline logging program being carried out in Apache’s Bianchi-1 well off Western Australia was interrupted to conduct unspecified repairs to the Ocean America (DW semisub). Enough data was acquired prior to the shut-down, confirming a gas discovery in the upper sands of an interval that LWD data indicated to be gas-bearing. The Bianchi joint venture has agreed to drill an additional 100 feet to a total depth (TD) of 17,789 feet. Upon reaching TD, the wireline program will recommence to complete the evaluation of the well.
Project Details: Bianchi
Jul 11, 2013 – IPB Petroleum and CalEnergy were granted a 12-month suspension and extension to years 2 and 3 regarding the work program for permit WA-424-P off Western Australia. A tight rig market prompted the joint venture partners to seek the extension in order to have more time to source a suitable rig to drill an exploration well on the Pryderi prospect. The extra time also allows for the submission of needed revisions to the Pryderi Environmental Plan and Oil Spill Contingency Plan. Submission of the revisions is expected to take place mid-July 2013. Assuming the revisions are accepted and all regulatory approvals are granted, IPB expects to be ready to spud Pyderi-1 in 4Q 2013.
Project Details: Pryderi