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Worldwide: Project Field Development News

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Worldwide Field Development News
Dec 2 – Dec 8, 2011
This week the SubseaIQ team added 2 new projects and updated 17 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.

Mediterranean
Northern Obtains Seismic Data from Adriatic Sea
Dec 7, 2011 – Northern Petroleum completed a 148,263-acre (600 square kilometer) 2D seismic survey offshore Southern Adriatic covering two licenses, F.R39.NP and F.R40.P. Seismic acquisition began last month using the vessel ‘M/V Princess’ contracted from CGGVeritas S.AA. Completion of the acquisition occurred within the prescribed six-day period. The work program, including this seismic acquisition, aims to obtain complete and better quality data to improve definition of the promising prospects identified from older seismic surveys. A further 3D seismic is planned in 2012 and will commence once approvals are obtained from all relevant authorities. The F.R39.Np and F.R40.P permits include the Rovesti and Giove oil discoveries and 10 mapped prospects. Northern and partner, Azimuth, intend to define and delineate suitable appraisal and exploration drilling targets.
Europe – North Sea
Det norske Gets Nod to Drill Wildcat Well 25/6-4 S
Dec 7, 2011 – The Norwegian Petroleum Directorate has granted Det norske a drilling permit for well 25/6-4 in the Norwegian sector of the North Sea. The Songa Delta (mid-water semisub) will drill the well in 114 meters of water. The drilling program for well 25/6-4 S applies to the drilling of a wildcat well in Production License 414. Det norske is the operator of the license with a 40 percent interest. Partners in the license include Faroe (20 percent), Bayerngas (20 percent) and Noreco (20 percent).
Centrica Successfully Appraises Butch Discovery
Dec 7, 2011 – Centrica announced that appraisal results at its Butch exploration well have indicated a significant presence of light oil in the reservoir. The operator said preliminary resource estimates specify a discovery of between 30 to 60 MMboe for the main Butch segment. Further data collection is now underway and the drilling of a second sidetrack well has commenced on the Butch southwest compartment, where the well is targeting additional volumes. The discovery lies in 217 feet (66 meters) of water and is close to existing infrastructure. Centrica Energi has a 40 percent operating interest in Butch discovery; while Suncor Energy holds 30 percent; Spring Energy holds 15 percent and Faroe Petroleum holds 15 percent.
Project Details: Butch
Total Acquires GDF Suez’s Stake in Elgin/Franklin
Dec 7, 2011 – Total has purchased GDF Suez’s share in the Elgin, Franklin fields (this participation is held through a 22.5 percent stake in the company, Elgin Franklin Oil & Gas). By giving Total control of the whole of the capital of EFOG, which it previously held 77.5 percent, this acquisition increases its share in the Elgin/Franklin fields from 35.8 percent to 46.2 percent. Following the completed transaction, the partners in Elgin/Franklin will be EFOG (Total 100 percent) 46.2 percent; Eni 21.87 percent; BG 14.1 percent; E.ON Ruhrgas 5.2 percent; Esso Exploration & Production 4.4 percent; Chevron 3.9 percent; Dyas 2.2 percent; and Summit Petroleum 2.2 percent. The Elgin/Franklin development produces approximately 140,000 boed. Located in the Central Graben area of the UK North Sea about 149 miles (240 kilometers) east of Aberdeen, the Elgin and Franklin fields are 4 miles (6 kilometers) away from each other in waters measuring 305 feet (93 meters).
Project Details: Elgin/Franklin
Antrim Hits Pay in Erne Well
Dec 7, 2011 – Antrim Energy has made a discovery in the Erne exploratory well, 21/29d-11, in the UK sector of the North Sea. The well reached a total depth of 5,562 feet (1,695 meters), encountering a gross hydrocarbon column in excess of 50 feet (15 meters) in the Eocene Upper Tay sandstone. This includes 20 feet (6 meters) of net oil pay and 10 feet (3 meters) of net gas pay, with average porosity exceeding 30 percent, and average hydrocarbon saturation of about 80 percent. The operator will now drill a sidetrack well from the pilot hole to further delineate the reservoir. Erne is located in Block 21/29d in the UK sector of the North Sea. Antrim Energy operates Block 21/29d.
Project Details: Erne
Statoil Gets Nod to Drill in Barents Sea
Dec 5, 2011 – The Norwegian Petroleum Directorate has granted Statoil a drilling permit for wellbore 7220/7-1 in the Barents Sea. The Aker Barents (UDW semisub) will drill the well. The drilling program applies to the drilling of a wildcat well in Production License 532. Drilling will occur about 62 miles (100 kilometers) northwest of the Snohvit field. Statoil serves as the operator of the permit with a 50 percent interest. The other licensees are Eni (30 percent) and Petoro (20 percent).
Statoil Reaches Investment Decision for Visund North
Dec 5, 2011 – Statoil and partners have reached an investment decision for the Visund North development in the North Sea. Recoverable reserves are expected to be 29 MMbbl of oil equivalents, consisting mainly of oil. The development entails a standard seabed template with two wells, to be manufactured by FMC, and installed in the summer of 2012. The oil will transport to Visund A through a new pipeline system, for processing on the platform. Statoil says that all of the main contracts have been awarded, apart from marine installations and platform modifications. These are planned to occur by the end of the year. Production is slated for 2013. The oil and gas field is located in Blocks 34/8 and 34/7, which Statoil operates.
Project Details: Greater Gullfaks Area
Providence Receives Exploration License 2/11
Dec 2, 2011 – Providence has acquired Standard Exploration License 2/11 in the Kish Bank Basin, offshore Dublin. The granted license has a time period of up to six years and is split into two three-year phases. The license is a successor authorization to the previous License Option 08/2. License 2/11 contains the Dalkey Island exploration prospect, which the partners have committed to drill during the first phase. The partners have recently commenced the application process for a foreshore license over the area in order to carry out well site survey and drilling operations. Providence operates the license with a 50 percent interest.
Project Details: Dalkey Island
N. America – US GOM
FMC Technologies to Deliver Subsea Equipment for Who Dat Field
Dec 8, 2011 – FMC Technologies has signed an agreement with LLOG Exploration Limited for the design, manufacture and supply of subsea production systems for the Who Dat development in the GOM. FMC’s scope of supply includes seven subsea production trees and control systems. Delivery of the equipment is slated for 2012. The Who Dat field, situated in 3,000 feet (914 meters) of water, is expected to commence production in 3Q11. LLOG operates the field with a 67.5 percent interest.
Project Details: Who Dat
S. America – Other & Carib.
FOGL to Spud Loligo in Late April/Early May
Dec 7, 2011 – FOGL announced that the Leiv Eiriksson (mid-water semisub) has left Greenland and is now en route to the Falkland Islands for the upcoming B&S and FOGL drilling program. The company plans to spud the Loligo prospect in late April or early May 2012, and the second well to spud on completion of Loligo. Loligo is a Tertiary Channel play structure with estimated Pmean reserves of 4.7 Bbbl. The Loligo complex comprises several reservoir objectives along with a number of various reservoir targets. The well is located in the Falkland Islands.
S. America – Brazil
ANP Orders Chevron to Shut-In Well at Frade Development
Dec 2, 2011 – The National Petroleum Agency has ordered Chevron Brasil Upstream to shut-in one production well and four water injection wells at the Frade FPSO offshore Brazil. ANP submitted this requested after conducting a safety audit of the vessel and found that sulfide gas has been leaking. The closed production well accounts for less than 10 percent of the field’s total production output of about 79,000 bopd, stated the operator. The field is situated in the Campos Basin in approximately 3,700 feet (1,128 meters) of water, roughly 230 miles (370 kilometers) northeast of Rio de Janeiro. Frade is a subsea development with wells tied-back to the Frade FPSO.
Project Details: Frade
Africa – West
Vanco Makes a Discovery in Independence-1X Well
Dec 7, 2011 – Vanco Cote d’Ivoire and partners have made a discovery in the Independence-1X exploratory well in Block CI-401. The discovery has penetrated the targeted objective and found a series of good-quality sandstones containing light oil. Full review of well results, including wireline logs, reservoir pressures and fluid samples, confirm that the well penetrated 8 meters (26 feet) of hydrocarbon pay in good-quality Turonian-aged sand package. Recovered hydrocarbon samples from Independence-1X well indicate the oil registers at 40 degree API gravity. The operator will temporarily abandon the well at a total depth of 13,556 feet (4,132 meters). The Ocean Rig Olympia (UDW drillship) drilled the well in a water depth of 5,541 feet (1,689 meters). Vanco (Operator) holds a 28.34 percent participating interest.
Asia – SouthEast
Lundin Spuds Bertam-2 Offshore Malaysia
Dec 8, 2011 – Lundin Petroleum has spud the Bertam-2 appraisal well in PM307 Production Sharing Contract area, offshore Peninsular Malaysia. The total depth of the well is 6,194 feet (1,888 meters) and is being drilled by the Offshore Courageous (400’ ILC) jackup. The objectives of the well are to appraise and test the Oligocene lower coastal plain sandstones of the PM307 PSC area, and to test the continuity and quality of the K10 oil reservoir. The operator will also explore the deeper sands in an independent closure on the northern side of the structure. Discovered in 1995, the Bertam well hit oil in the K10 sandstone reservoir. While conducting a flow test, the well produced 34 degree API oil at a rate of 624 bopd. Bertam-2 is located to the northeast of the discovery well in 249 feet (76 meters) of water. PM307 PSC is operated by Lundin Malaysia with a 75 percent interest; Petronas holds the remaining interest.
Australia
AWE Sells BassGas Stake to Toyota Tsusho
Dec 8, 2011 – AWE Limited will sell an 11.25 percent stake in T/L1, and a 2.75 percent interest in T/18P in the BassGas project to Toyota Tsusho for a cash consideration of A$80.125 million. The T/L1 permit includes the Yolla gas and condensate field and its associated production infrastructure, and a 2.75 percent interest in T/18P, which includes the Trefoil gas and condensate discovery. Once the agreement is finalized, AWE will hold a 46.25 percent interest in T/L1 and a 44.75 percent interest in T/18P.
Project Details: BassGas Project
Chevron, FMC Team Up for Subsea Equipment for Wheatstone
Dec 8, 2011 – Chevron granted FMC Technologies a contract for the design, manufacture and supply of subsea production systems to support the Wheatstone project. The scope of supply includes 11 subsea production trees, 11 wellheads, three manifolds, subsea and topside controls and well access systems. Delivery of the equipment is scheduled to commence in 2013. The Chevron-operated Wheatstone project, situated offshore Australia, compromises the Wheatstone and Iago gas fields, located in water depths between 330 and 850 feet (100 to 260 meters).
Project Details: Wheatstone
Eni Commences 3D Seismic over Blackwood
Dec 7, 2011 – Eni has commenced a Bathurst 3D seismic survey over the Blackwood East area of permit NT/P68. The field acquisition program is scheduled for completion within 50 days. Under the terms of the farm-in agreement, Eni will pay MEO’s share of the costs to acquire and process the 3D seismic survey. The company will have 365 days from completion of the acquisition to elect whether or not to exercise its option to drill, and pay 100 percent of the cost of the Blackwood-2 well in order to retain its 50 percent interest in the gas discovery. The CGG Veritas seismic vessel, M/V Veritas Viking II is acquiring the 172,480-acre (698-square kilometer) seismic survey.
Project Details: Blackwood
Eni Purchases Additional Interest in Evans Shoal Field
Dec 7, 2011 – Eni has purchased a 32.5 percent stake in the Evans Shoal gas field in the Timor Sea, Australia. The undeveloped field, discovered in 1998, holds expected gas-in-place of up to 7 Tcf. Subject to completion of the purchase of Santos-interests, in a separate transaction, Eni has agreed to sell a 7.5 percent equity share in exploration permit NT/P48 to Shell. Both transactions are subject to the regulatory authority. Following the approved transaction, the partners in the revised NT/P48 joint venture will consist of Eni (32.5 percent, operator), Petronas (25 percent and Osaka Gas (10 percent). The Evans Shoal gas field is located in the NT/P 48 exploration permit in the Bonaparte Basin.
Project Details: Evans Shoal
Apache Brings Reindeer/Devil Creek Project Online
Dec 7, 2011 – Apache has commenced production from the Reindeer field in the Carnarvon Basin. The delivery of the gas is being processed at the new onshore Devil Creek plant near Karratha. The Reindeer/Devil Creek development includes the installation of an offshore unmanned wellhead platform in the Reindeer field, a 105-kilometer pipeline to shore and the development of the gas plant. The Devil Creek gas plant has a gross production capacity of 215 TJ/day and is initially planned to ramp up to sales of 120 TJ/day. The Reindeer gas field is located in the Carnarvon Basin, offshore Western Australia in waters measuring 203 feet (62 meters) within exploration permit WA-209-P. Apache Corporation holds a 55 percent operating interest, and Santos holds the remaining 45 percent interest.
Project Details: Reindeer-Devil Creek Project

Niko to Begin Drilling at Block 2ab Offshore Trinidad in September 2011

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Canada’s Niko Resources and Britain’s Centrica will invest $70 million in three offshore exploration wells this year in Trinidad and Tobago, the Caribbean’s leading oil and natural gas producer, officials said on Wednesday.

The two companies, along with Trinidad and Tobago’s state-owned integrated energy company Petrotrin, are joint venture partners in an offshore region known as Block 2ab.

Ajith Muralidharan, a manager at Niko Resources, said drilling is scheduled to begin in September and that surveying so far had “shown prospects with substantial potential.”

The investment comes as Trinidad and Tobago seeks to lure investment and increase oil and natural gas output in its vital energy sector, which accounts for 45 percent of the country’s gross domestic product and 60 percent of its foreign exchange earnings.

Government statistics show oil production has fallen steadily over the last decade from 145,000 barrels a day to 100,000 bpd over the last 10 years.

Natural gas reserves declined from 22 trillion cubic feet (TCF) to just over 14.5 TCF during the same period.

Trinidad and Tobago’s Energy Minister Carolyn Seepersad- Bachan welcomed the drilling plan as a sign exploration may be poised to pick up again after falling over the past two years largely because of high drilling costs and the onset of the global recession.

( Original Article )

offshoreenergytoday.com

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