Worldwide Field Development News Mar 15 – Mar 21, 2014

This week the SubseaIQ team added 5 new projects and updated 15 projects. You can see all the updates made over any time period via the Project Update History search. The latest offshore field development news and activities are listed below for your convenience.

Europe – North Sea
OMV Increases Presence in West of Shetlands
Mar 21, 2014 – OMV is increasing its interest in the UK North Sea through an agreement to acquire 4 Hess-operated licenses in the West of Shetlands area. For a consideration of $50 million, OMV will gain operatorship of license P1028 and P1189 (the Cambo discovery), P1830 (the Blackrock prospect) and P1831. Future discoveries in the acreage could necessitate an additional payment to Hess of $35 million. With the acquisition of the Cambo field, OMV gains almost 60 MMboe of recoverable resources. Blackrock, scheduled for drilling in 2015, is located between Cambo and the Chevron-operated Rosebank development. The agreement is subject to UK regulatory approval.
Project Details: Cambo
Australia
ConocoPhillips Continues Browse Basin Drilling Program with Poseidon North-1
Mar 21, 2014 – The Transocean Legend (mid-water semisub), under contract to ConocoPhillips, spud the Poseidon North-1 well in permit WA-315-P March 19. Poseidon North is located on the crest of a large tilted fault block with primary targets in the Plover and Montara formations. Poseidon North-1 is a continuation of the current 6-well Browse Basin Phase 2 drilling program with 4 of the 6 wells having already been completed. If successful, the well could greatly add to the resource base of the Greater Poseidon. ConocoPhillips and its partner, Karoon Gas Australia, hold 60% and 40% interest in the permit respectively.
Project Details: Poseidon
Downhole Issues Force AWE to Sidetrack Pateke-4H
Mar 19, 2014 – AWE Limited, operator of New Zealand permit area PMP 38158, reported the mechanical drill string difficulties it experienced last week while drilling Pateke-4H were unable to be resolved. AWE has since abandoned the lower part of the hole and is preparing to sidetrack the well at 11,072 feet. From there, the well will be drilled horizontally through the F10 reservoir to a measured depth of 17,588 feet. The F10 sand was encountered on prognosis in the main well bore and oil shows along with logging data suggest the presence of an oil bearing reservoir. Any commercial significance of the oil shows cannot be determined until the horizontal leg has been completed. If the formation is found to be capable of supporting commercial production rates, the well will be completed and tied-back to the Tui FPSO with first oil in 1Q 2015.
Project Details: Tui Area Development Project
Asia – SouthEast
Shell Strikes Oil While Appraising Limbayong Gas Discovery
Mar 19, 2014 – A consortium consisting of Shell (35%), ConocoPhillips (35%) and Petronas (30%) made an oil discovery in Block J offshore Sabah, Malaysia. The discovery was made while drilling an appraisal of the 2002 Limbayong gas discovery. Limbayong-2 encountered 446 feet of oil-bearing sands. Results from the well have encouraged the partners to plan additional appraisal wells to determine the commerciality of the field. The well was drilled by the Ensco 8504 (UDW semisub). Limbayong is located in over 3,000 feet of water near the Shell-operated Gumusut development.
Project Details: Limbayong
Mediterranean
FA-1 Spuds off Morocco Targeting Eagle Prospect
Mar 20, 2014 – Fastnet Oil & Gas, a junior partner in the Foum Assaka license, announced the FA-1 well designed to target the Eagle prospect offshore Morocco was spud March 16. License operator Kosmos Energy has allowed up to three months to reach the target depth of 13,123 feet. FA-1 is targeting an estimated 360 MMboe of Pmean resources in its Lower Cretaceous objective. Kosmos contracted the Maersk Discoverer (UDW semisub) to drill the well in almost 2,000 feet of water.
Project Details: FA-1 (Eagle)
Cairn Announces Heavy Oil at JM-1 Offshore Morocco
Mar 19, 2014 – Well JM-1 in the Juby Maritime III license offshore Morocco has been drilled to total depth by the Cajun Express (UDW semisub) and is being plugged and abandoned without testing. Cairn Energy drilled the well to explore the possibility of oil in the Upper and Middle Jurassic intervals of the Cap Juby prospect. A gross heavy oil column of 360 feet was confirmed in the Upper Jurassic section but determination of oil gravity and reservoir quality will need require further evaluation. Cores taken from the well will be compared to cores obtained from other wells drilled on the Cap Juby structure to assess the extent of moveable hydrocarbons. Sidewall cores and logging data covering the Middle Jurassic objective are being evaluated but preliminary results indicate limited primary porosity. Participants in the Juby Maritime III license consist of Cairn (37.5%), Genel Energy (37.5%) and ONHYM (25%).
Project Details: Cap Juby
Africa – West
Nigerian DPR Approves Aje Field Development Plan
Mar 21, 2014 – Panoro Energy announced the approval of the Aje Field Development Plan (FDP) by the Nigerian Department of Petroleum Resources (DPR). Aje contains productive sands in three levels consisting of a Turonian gas condensate reservoir, a Cenomanian oil reservoir and an Albian gas condensate reservoir. As submitted, the FDP focuses mainly on the development of the oil-bearing Cenomanian interval and will involve the tieback of two subsea wells to a leased FPSO. Aje-4 will be recompleted for use and a new well will be drilled to the Aje-2 subsurface location. In a 1997 flow test, Aje-2 delivered 3,700 bopd in spite of severely impaired productivity due to drilling operations. The joint venture is expected to make a final investment decision shortly. Aje is located in 3,000 feet of water in OML 113 offshore Nigeria. Interest holders include YFP (25%), Chevron (33.75%), Vitol (24.05%), Panoro (12.19%) and Jacka Resources (5%).
Project Details: Aje
Ophir: Padouck Deep-1 Proves Working Hycrocarbon System in North Gabon Basin
Mar 21, 2014 – Ophir Energy’s exploratory well at its Padouck Deep prospect offshore Gabon has been drilled to a depth of 10,816 feet by the Titanium Explorer (UDW drillship). No evidence of hydrocarbons was observed in the primary objectives but minor shows in shallower intervals have provided proof of a working hydrocarbon system in the North Gabon Basin. Once the well is plugged and abandoned, the rig will mobilize to the Gnondo Block to test the Affanga Deep prospect which has the potential to hold mean recoverable resources of 170 million barrels. If successful, the well will substantially de-risk several surrounding prospects that could lead to a future hub development.
Project Details: Padouck Deep
Aibel Starts Module Fab for TEN Cluster FPSO
Mar 20, 2014 – In February 2014, Aibel Thailand received a procurement and construction contract from MODEC for the fabrication of 7 topsides modules for a new-build FPSO slated for use at Tullow’s TEN Cluster development offshore Ghana. Aibel recently held a steel cutting ceremony at the Deeline fabrication shop in Thailand. The ceremony began with a traditional worship followed by blessings administered to steel, machinery, visitors and staff by Buddhist monks. Once complete, the 9,400-ton package of modules will be shipped to Singapore to be integrated with the FPSO’s hull. Completion of the last module is scheduled for April 2015.
Project Details: TEN Cluster
Africa – Other
Way Too Early Results Indicate Hydrocarbon Discovery at Sunbird-1
Mar 20, 2014 – Total depth was reached at the BG Group-operated Sunbird-1 wildcat offshore Kenya. The well was drilled by the Deepsea Metro 1 (UDW drillship) to a depth of 9,350 feet and a hydrocarbon column was identified in the main objective, a Miocene-aged Pinnacle Reef. Extensive losses in the highly permeable upper section of the structure have hampered efforts to determine the vertical extent of the column using wireline logs. Although samples were recovered from the well, additional analysis will be needed to determine the exact nature of the hydrocarbons as well as any commercial significance of the discovery. BG serves as operator of the L10A license with 50% interest. Its partners consist of PTTEP (31.25%) and Pancontinental Oil and Gas (18.75%).
Project Details: Sunbird
S. America – Brazil
Petrobras Begins Parque das Baleias Production with P-58 FPSO
Mar 21, 2014 – Petrobras started production at its Parque das Baleias development in the Campos Basin this week. Currently, only one well is on stream but in the coming months, 14 production wells and 9 injection wells will be connected to the P-58 FPSO that was recently installed in 4,593 feet of water. The P-58 has a designed daily production capacity of 180,000 barrels and 21.2 MMscf of oil and gas. Produced oil is offloaded to shuttle tankers for transport and produced gas flows through a subsea pipeline to the onshore Cacimbas Gas Treatment Unit in Linhares, Espirito Santo.
Project Details: Espadarte
Asia – Far East
CNOOC Makes Deepwater Gas Discovery in South China Sea
Mar 21, 2014 – CNOOC recently announced a gas discovery at its deepwater Qiongdongnan Basin acreage in the South China Sea. Lingshui 17-2 was drilled in roughly 4,700 feet of water to test part of a structure known as the Lingshui Sag. The well reached a total depth of 11,515 feet and encountered 180 total feet of gas-bearing reservoir.
Project Details: Lingshui 17-2
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Posted on March 26, 2014, in Offshore FIeld Development and tagged , , . Bookmark the permalink. Comments Off on Worldwide Field Development News Mar 15 – Mar 21, 2014.

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