Blog Archives

Worldwide Field Development News Oct 9 – Oct 15, 2012

This week the SubseaIQ team added 0 new projects and updated 7 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.

S. America – Brazil

Petrobras Announces Farfan Discovery

Oct 11, 2012 – Petrobras announced the discovery of light hydrocarbons at its Farfan prospect in block SEAL-M-426 offshore Brazil. Well 1-BRSA-851-SES is being drilled in 8,923 of water by the Deepsea Metro II (UDW drillship). A hydrocarbon bearing zone of 144 feet was discovered at a depth of 18,314 feet and was confirmed by wireline testing and fluid sample analysis. The rig will continue drilling to the target depth of 19,685. Petrobras and partner IBV Brazil hold 60% and 40% interest in the well respectively.

Jupiter Might be a Gas Giant

Oct 11, 2012 – Petrobras released preliminary drilling results concerning appraisal well 3-RJS-683A at the Jupiter prospect confirming a discovery of natural gas and condensate. The discovery has proven a continuous reservoir between 3-RJS-683A and the Jupiter discovery well. A 577-foot oil column has also been detected in rocks displaying excellent permeability and porosity. Further appraisal is needed to determine the size of the field but initial estimates suggest that Jupiter could hold as much as 1 billion cubic feet of gas. To this point, the well has reached a depth of 17,834 feet and drilling will continue in an effort to reach deeper targets.

Project Details: Jupiter

Europe – North Sea

Lundin Announces Albert Results

Oct 11, 2012 – The Bredford Dolphin (mid-water semisub) wrapped up drilling operations at Lundin’s Albert prospect offshore Norway. Well 6201/11-3 was drilled to 9,760 feet and penetrated a thin Cretaceous oil bearing reservoir. The reservoir was found at a depth where the primary target was expected to be encountered. Due to the makeup of the structure and uncertain distribution, an estimation of resources in place cannot be made at this time. A minor column of movable hydrocarbons was encountered in a Paleocene secondary target. Further geophysical and geological studies are required to clarify the potential of the discovery.

Project Details: Albert

Heerema Delivers Andrew Process Module

Oct 11, 2012 – Heerema Fabrication recently completed construction of the new 750 ton process module for BP’s Andrew platform in the UK North Sea. The module was designed to be a “bolt-on” addition to the platform facilitated by the use of two large hinge pins that engage hooks welded to the existing structure. Heerema’s Hartlepool yard benefited from the project by the creation of 180 jobs. In addition, the module was delivered without a single lost time incident.

Project Details: Andrew (UK)

Providence Encouraged by Barryroe Development Modeling

Oct 9, 2012 – Providence Resources recently completed a suite of static and dynamic modeling of the main Basal Wealden oil bearing reservoir interval within the Barryroe complex offshore Ireland. Data from the new models was incorporated with maps made from the recent 3D seismic survey of the area allowing Providence to establish oil recovery factors ranging from 17% to 43%. A modeled recovery factor of 31% over 25 years was achieved based on a development scenario which implemented 41 horizontal production and 22 horizontal water injection wells. Also, the company awarded the Barryroe Concept Development Engineering Study to Procyon Oil and Gas. Procyon will help determine the best development plan for the field based on the different scenarios recently modeled by Providence.

Project Details: Barryroe

Ithaca Adds to Resources in UK North Sea

Oct 9, 2012 – Ithaca Energy has acquired interest in the Cook and MacCulloch fields in the UK North Sea through the acquisition of two Noble Energy subsidiaries. The Shell-operated Cook field is located in block 21/20a and is processed through the Anasuria FPSO. The acquisition will bring Ithaca’s stake in the field to 41.345%. The ConocoPhillips-operated MacCulloch field is found in block 15/24b and was developed through 4 subsea wells tied back to the North Sea Producer FPSO. Finalization of the acquisition, expected in early 2013, will give Ithaca a 14% stake in the field. With the addition of these assets, Ithaca’s net production – largely oil – should increase by 1,100 boepd. The company’s total consideration in the arrangement is $38.5 million.

Project Details: MacCulloch

Asia – Far East

Lufeng FSOU Gets an Upgrade

Oct 9, 2012 – InterMoor completed its first permanent mooring project in the Lufeng field in the South China Sea. The company was contracted by CNOOC to handle project management, engineering, procurement and installation of a new buoy turret mooring system for the Nanhai Sheng Kai FSOU. Installation of the new mooring system should allow CNOOC to get an additional 15 years of service life out of the vessel which was first deployed in 1992. Included in the work scope was the addition of a new 8-inch flexible flowline and riser between the mooring system and LF13-2 wellhead platform. The FSOU was previously anchored in the LF13-1 field but has been moved to the 13-2 field since the upgrade to expand development there.

Australia

Scarborough Partners Still Mulling Development Options

Oct 11, 2012 – ExxonMobil said a decision on how to develop the Scarborough gas field is not likely until the second half of 2013. Scarborough is considered one of the most difficult fields off Western Australia to develop. Water depth in the area is around 4,700 feet and the closest land is 170 miles away. The company is evaluating several options with its joint partner BHP Billiton. Some of the options include building a floating LNG platform or supplying gas to companies that have existing LNG plants.

MEO Ready for Farmout in Joseph Bonaparte Gulf

Oct 9, 2012 – MEO Australia announced its intention to launch the farmout of exploration permit WA-454-P on Nov. 1. The farmout is scheduled to conclude by the end of 1Q 2013. WA-454-P, located in the Joseph Bonaparte Gulf, contains the Marina-1 discovery and the sizable Breakwater prospect. MEO describes Marina-1 as a “gas and probably oil” discovery with 3C contingent gas resources of up to 3.2 Bcf and 3C contingent oil/condensate resources of up to 29.5 MMstb. Gas-only perspective resources for Breakwater are up to 2.7 Tcf with 87 MMstb condensate. In addition, Breakwater is situated in an area near proven gas discoveries that are planned to be developed with floating LNG technology. MEO was awarded WA-454-P in June 2011 and holds 100% interest in the permit.

Project Details: Marina

Worldwide Field Development News Aug 24 – Aug 30, 2012

This week the SubseaIQ team added 4 new projects and updated 13 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.

Australia

WHL Energy to Fast-Track 3D Seismic Program

Aug 28, 2012 – Based on “strong industry interest”, WHL is planning to speed up its 3D seismic acquisition program in Exploration Permit VIC/P67 by 12 months. The undeveloped La Bella gas field is located in the Permit and contains an estimated 150 billion cubic feet of contingent resources. Currently, WHL is looking for partners to participate in the data acquisition program which it expects to start in 2Q 2013. The program involves purchasing and assessing 313 square miles of 3D seismic data and is subject to regulatory environmental approvals.

Project Details: La Bella

Mediterranean

Noble Moves Forward with Putting Leviathan 2 to Bed

Aug 28, 2012 – Noble Mediterranean Energy along with external consulting firms and the Israeli Department of Energy and Water have selected an alternate plan for sealing and abandoning drilling operations in Leviathan 2 offshore Israel. Drilling will be carried out by the ENSCO 5006 (DW semisub) for an estimated period of 60 days at a cost of $46.6 million. However, due to the complexity of the plan, deviations to these estimates are likely. Noble, the field operator, does not expect any environmental damage to result from the abundance of water produced from Leviathan drilling operations.
Noble and its partners Ratio, Delek and Avner are covered by “control of well” insurance that will takeover expenses for re-drilling and sealing and abandonment of operations up to $200 million per case. So far, the Leviathan 2 partnership has received $53 million for 100% coverage.

Project Details: Leviathan

BP Discovers Gas in Two Fields in the North El Burg Concession

Aug 27, 2012 – BP Egypt announced the discovery of gas in both the Taurt North and Seth South fields in the North El Burg offshore concession, Nile Delta. Satis-1 and Satis-3 Oligocene deep and Salmon-1 shallow Pleistocene were previous discoveries made by BP in this same concession. The stakeholders in the North El Burg Offshore Concession are the operator BP and its partner IEOC, each holding a 50% interest.
BP Egypt announced the discovery of gas in both the Taurt North and Seth South fields in the North El Burg offshore concession, Nile Delta. Satis-1 and Satis-3 Oligocene deep and Salmon-1 shallow Pleistocene were previous discoveries made by BP in this same concession. The stakeholders in the North El Burg Offshore Concession are the operator BP and its partner IEOC, each holding a 50% interest. The Scarabeo 4 (mid-water semisub) drilled both the Taurt North for Seth South wells for IEOC on behalf of the concession operator BP in water depths of 361 feet (110 meters) and 256 feet (78 meters), respectively. Presence of gas was confirmed by wireline logs, pressure data and fluid samples in one Pleistocene interval in Taurt North and in two Plio-Pleistocene intervals in Seth South. Studies are being conducted to determine options for tying both discoveries to a nearby existing infrastructure.

Project Details: North El Burg

Europe – North Sea

Providence Prepares for Site Survey at Spanish Point

Aug 29, 2012 – Irish explorer Providence Resources confirmed that site survey operations are about to commence on its Spanish Point acreage in the Main Porcupine Basin off the west coast of Ireland. The work is being carried out by Chrysaor on behalf of the Spanish Point partners and is part of the preparations for the drilling of an appraisal well in 2013. The operations are expected to be finished in early September. Providence, currently the operator of the FEL 2/04 license although it recently agreed to transfer this role to Chrysaor, holds a 32% interest while Chrysaor holds 60%.

Project Details: Spanish Point

Antrim Signs Oil Sales Contract for Causeway

Aug 28, 2012 – Antrim Energy has entered into an oil sales contract with BP Oil International. The contract covers Antrim’s 35.5% share of oil produced from the Causeway field in UK Block 211/23d. Other partners in the field are Valiant Causeway Limited (54%) and Valiant Gamma Limited (10.5%). Production at Causeway is expected to begin shortly and will be facilitated using the North Cormorant Platform. The contract also allows Antrim to include its share of oil production from the nearby Fionn field once production is brought online, which is expected in mid-2013.

Project Details: Causeway

TAQA Bratani Explores Contender Prospect

Aug 28, 2012 – TAQA Bratani has announced that exploration drilling operations are underway at Block 211/22a of the UK North Sea. The well is being drilled from the TAQA operated Cormorant North production platform which is located just west of the Contender prospect. The objective of the well is to test Jurassic Brent sandstones at a depth of 16,900 feet. TAQA agreed to cover 100% of the drilling and completion costs of the Contender well and has earned a 60% interest in the block. If it is determined that Contender should be developed, it will be tied into the Cormorant North Platform.

Project Details: Contender

Shell Awards Contract to Framo Engineering for Draugen Field

Aug 27, 2012 – A/S Norske Shell has awarded a $100 million contract to Framo Engineering to supply its Draugen field with a complete subsea, multiphase booster pump system which includes topside power and control, power and control umbilical and the complete subsea pump module and manifold. Framo, a Schlumberger company, will install the system in Norwegian waters at a depth of 8,202 feet (250 meters). The system is designed to facilitate increased oil production in the Draugen field and will be installed in the summer of 2014.

Project Details: Draugen

Utsira High Yields New Discovery for Statoil

Aug 27, 2012 – Statoil has made a discovery in the North Sea’s Utsira High within the Geitungen prospect. Well 16/2-12 intercepted a 115 foot (35 meter) oil column within a high-quality, Jurassic reservoir. Estimated volumes are between 140 and 270 million barrels of recoverable oil equivalents. Basement rock was also found to hold oil. Well 16/2-12, the eighth well in PL265, was drilled by the Ocean Vanguard (mid-water semisub) to a vertical depth of 6,709 feet (2,045 meters).
Geitungen has been defined as its own prospect in the PL265. Although it was drilled 1.86 miles (3 kilometers) north of the Johan Sverdrup discovery, well data indicates communication between the two discoveries is likely.
Statoil is the operator of PL265 and holds a 40% interest in the license. Its partners include Petoro AS with 30%, Det norske oljeselskap ASA with 20% and Lundin Norway AS holding the balance of the license with 10%.

Project Details: Geitungen

Successful Appraisal at Johan Sverdrup

Aug 27, 2012 – Lundin Petroleum’s fifth Johan Sverdrup appraisal well has reached a final depth of 6,758 feet at Production License (PL) 501. Well 16/2-13S was drilled by the Transocean Arctic (mid-water semisub) in 380 feet of water. An 82-foot gross oil column was encountered in Upper and Middle Jurassic sandstone. Coring and logging operations were carried out and confirmed excellent reservoir quality. The well will now be sidetracked in an effort to investigate: the depth to top reservoir, lateral thickness and properties of the Jurassic reservoir and to establish an oil water contact.

Project Details: Johan Sverdrup

Africa – West

Petroci Increases Stake in Gazelle Field

Aug 30, 2012 – Rialto Energy announced that Petroci Holdings, C??te d???Ivoire state-owned oil and gas company, is exercising its option to maximize its interest in the Gazelle Field located offshore in Block CI-202. Petroci will back-in for an additional 11% paying interest making its overall interest 26% (comprising a 16% paying interest). This transaction will reduce Rialto’s interest in the field to 74% (84% paying interest). However, its remaining interest in Block CI-202 – outside of the Gazelle Field – remains at 85% (95% paying interest). In the next six months, Petroci Holdings will reimburse Rialto for an 11% share of an estimated $10 million of historical cost that is associated with the Gazelle Field. From the point of the back-in date, Petroci will pay 16% of any future costs. Rialto has a 25-year permit to produce hydrocarbons from Gazelle.

Project Details: Gazelle

Recap: Worldwide Field Development News (Apr 13 – Apr 19, 2012)

Statoil-Plans-More-fast-track-Projects-in-Pipeline-Norwey

This week the SubseaIQ team added 7 new projects and updated 41 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
Delek Group Updates Ops on Pinnacles Well
Apr 16, 2012 – Delek Group reported that the development plan of Pinnacles No.1 well has been approved based upon operator’s conclusion of the existence of a natural gas reservoir. The $100 million-budget has been approved, of which $30 million is for exploration and drilling. A full reservoir update report is expected to be released after the development well is complete, which is expected in July 2012.
Europe – North Sea
Athena Field Nearing First Oil
Apr 19, 2012 – The BW Athena FPSO has arrived on location at the Athena field in the North Sea. The vessel was connected to the STP mooring buoy, with hook-up and ongoing infield commissioning activities. Ithaca Energy said that a further announcement will be made upon delivery of first oil from the field.
Project Details: Athena
Xcite Sets Out Bentley Field Work Program
Apr 19, 2012 – Xcite Energy has outlined its plans for Bentley’s Phase 1A work program. Xcite said that the well, which was spud on March 18, 2012, with a 20-inch casing has now been set down to approximately 2,000 feet (610 meters) below the rotary table. Preparations are being made to set the blowout preventer and to continue the drilling of the 17.5-inch hole. The company added that it has invested significant resources designing and engineering the next phases in the development of the Bentley field, and the Phase 1A and Phase 1B work programs.
Project Details: Bentley
Ithaca Preps to Drill Hurricane Appraisal Well
Apr 19, 2012 – Ithaca Energy reported it will commence drilling the Hurricane appraisal well later this year. The spud date is later than originally anticipated due to delays in the drilling program being performed for other operators, prior to the contracted rig being moved to the Hurricane well location. It is estimated Hurricane holds gross 3P reserves volume of 13 MMboe.
Project Details: Hurricane
Providence IDs Two Prospects in LO 11/12
Apr 19, 2012 – Providence Resources believes it has identified two gas prospects approximately 45 miles off the west coast of Ireland, and close to Shell‘s Corrib gas field. Providence said that an initial technical evaluation of Licensing Option 11/12 has revealed the presence of two prospects in the Slyne Basin that it has called “Kylemore” and “Shannon” – both similar in age to the Corrib field. The Kylemore prospect is interpreted as a mid-basinal inverted four-way dip-closed anticline based on a combination of 2D and 3D seismic data. The most recent mapping of the Kylemore prospect indicated that it is structurally directly analogous to the Corrib gas field, with volumetric analysis based on available maps indicating potential gas in place of up to 228 billion standard cubic feet. The Shannon structure, which was drilled by Enterprise Oil in 1999, demonstrates significant structural closure covering around 9 square miles, the LO 11/12 partners believe that Shannon warrants a complete reevaluation in the context of any remaining resource potential. The company plans to apply modern seismic processing technologies to the available 3D seismic data in order to better quantify any remaining resource potential in the area.
Project Details: Shannon
Total Spuds Relief Well, Preps Well Kill at Elgin
Apr 18, 2012 – Total has sent a team of engineers to its Elgin platform to conduct further preparations for work needed to end an ongoing natural gas leak. In addition to the well-kill operation, the operator has begun drilling one of two planned relief wells.
Project Details: Elgin/Franklin
Dana Spuds Platypus Appraisal Well
Apr 17, 2012 – Dana has spud an appraisal well on the Platypus gas field in the UK sector of the North Sea. The Rotliegendes gas accumulation at Platypus was discovered in 2010 by the Dana Petroleum plc operated 48/1a-5 well, which encountered 218 vertical feet (66 meters) of gas bearing sands and has the potential to contain up to 180 billion cubic feet of gas in place. Drilling operations are being performed by the ENSCO 80 (250′ ILC) drilling rig. This well will be drilled horizontally through the Rotliegendes gas reservoir to confirm deliverability and is expected to be suspended for reuse as a gas producer.
Project Details: Platypus
Wintershall Hits Oil Pay in Skarfjell
Apr 16, 2012 – Wintershall has made an oil discovery at its Skarfjell prospect in the Norwegian sector of the North Sea. The wildcat well 35/9-7 found Upper Jurassic reservoir sands of “good quality” containing light oil with “a significant oil column” said the firm. So far, Wintershall added, the resource is estimated to range between 60 million and 160 million barrels of recoverable oil, although commercial viability, as well as potential further upside, will need to be confirmed through appraisal drilling. The primary exploration target of well 35/9-7 was to prove hydrocarbons in the Upper Jurassic reservoir rocks. The well was drilled by the Songa Delta (mid-water semisub) in a water depth of 1,237 feet (377 meters) in PL 418.
Project Details: Skarfjell
Norway Greenlights Lundin’s $4.2B Edvard Grieg Oil Field
Apr 13, 2012 – The Norwegian government has approved the $4.2 billion development of the Edvard Grieg (formerly Luno) oil field, the first field offshore Norway operated by Lundin Petroleum. The Edvard Grieg area contains 186 million barrels of oil equivalent, and peak production is expected to be 90,000 boepd. Production at Edvard Grieg will be combined with the production of the nearby Draupne, and studies are being made to find the best ways of exporting oil and gas from the Utsira Height area.
Project Details: Edvard Grieg (Luno, Draupne) Project
Framo Engineering to Design, Construct Gullfaks Subsea Gas Compression Plant
Apr 13, 2012 – Statoil has awarded Framo Engineering a contract for the design and construction of the Gullfaks subsea gas compression plant. The operator said that Gullfaks may become one of the first installations worldwide to employ subsea gas compression. The mature Gullfaks field is experiencing a decline in natural reservoir pressure, so the field may need boosting in the form of compression in order to produce more gas and bring the gas up to the platform. In 2011, Statoil and partner Petoro decided to choose a subsea solution as the preferred concept for gas compression some nine miles (15 kilometers) from the Gullfaks C platform. This may increase the production from the field by 3 billion cubic meters of gas, enabling Gullfaks to sustain plateau production for gas export. The current recovery rate on the field is 62 percent. A combination of subsea compression and conventional low-pressure production in a later phase may increase this to 74 percent. This is the first delivery by Framo Engineering to Statoil within engineering, procurement and construction (EPC) of subsea compression facilities. Contracts for platform modifications and marine operations in connection with the Gullfaks development will be awarded during the summer/autumn of 2012, subject to a positive investment decision.
Project Details: Greater Gullfaks Area
Lansdowne Updates Seismic Ops Offshore Ireland
Apr 13, 2012 – Lansdowne Oil & Gas has processed a 3D seismic survey over the Rosscarbery license area, including the Galley Head gas discovery and other prospects in the North Celtic Sea, offshore Ireland. Following interpretation of the 3D seismic, the Galley Head gas discovery is now interpreted by Lansdowne as having gross P50 in-place volume of 30 BSCF GIIP with 25 BSCF potentially technically recoverable. The Carrigaline gas discovery lies outside the area covered by the 2011 3D seismic survey and remains unchanged from the February 2011 CPR which calculated gross P50 in-place volume of 81.8 BSCF with P50 technically recoverable gas of 60.8 BSCF.
Project Details: Rosscarbery
Nexen Spuds Stingray
Apr 13, 2012 – Nexen spud the Stingray well on April 9 with results expected in May. The well is targeting a Jurassic sandstone reservoir in UK Block 15/13b.
Project Details: Stingray
Asia – SouthEast
BHP Billiton Requests SC55 Exploration Extension
Apr 16, 2012 – BHP Billiton has requested that the Department of Energy extend the current exploration sub-phase 4 of SC55 by 18 months. If approved by the DOE, this would extend the current contractual deadline to complete drilling of the commitment well from August 5, 2012 to February 5, 2014. The operator has requested this extension in order to secure an appropriate ultra deepwater rig with specialized well control equipment for drilling operations on the proposed Cinco prospect. No date has been set for drilling operations until a rig can be secured.
Project Details: Cinco
Premier to P&A Biawak Besar
Apr 13, 2012 – Premier Oil will plug and abandon its Biawak Besar-1x exploration well offshore Indonesia after it reached its targeted depth of 5,950 feet (1,814 meters) by the West Callisto jackup (400′ ILC). Although logs for the Biawak Besar-1x well showed better-than-expected sand quality, the sands were water wet. The results from the well will be incorporated into the firm’s existing 3D seismic database to determine the cause of the amplitude response and its implications for the future prospectivity of the targeted play.
Project Details: Biawak Besar
N. America – US GOM
Anadarko Further Appraises Heidelberg
Apr 19, 2012 – Anadarko has further appraised the Heidelberg discovery in the deepwater Gulf of Mexico after drilling two appraisal wells (GC 903-3 and GC 903-3ST1). The two wells were drilled in order to appraise the extension of the Heidelberg discovery made in 2009. The Heidelberg appraisal well GC 903-3 was drilled in a water depth of 5,260 feet (1,603 meters) and reached a total depth of 31,030 feet (9,460 meters) of measured depth. The well was sidetracked down dip (GC 903-3ST1 well) to a total depth of 30,440 feet (9,278 meters) of measured depth, indicating an oil water contact at approximately 700 feet (213 meters) deeper than the previous oil discovery well and significantly increasing the field’s aerial extent. Estimated recoverable resources could reach 200 million barrels of oil. Data is being evaluated in order to accelerate the overall sanctioning process for this project.
Project Details: Heidelberg
Asia – Caspian
Shah Deniz Enters Stage Two of Development
Apr 18, 2012 – The Shah Deniz project is entering the second phase of development with the commencement of FEED work. The Shah Deniz 2 project is set to produce 16 Bcm of gas per year. This stage of development, which lies some 43 miles (70 kilometers) offshore in the Caspian Sea, is expected to include two new bridge-linked production platforms; 26 subsea wells to be drilled with two semisubs; 311 miles (500 kilometers) of subsea pipelines built in 1,804 feet (550 meters) of water; a 16 bcma upgrade for the South Caucasus Pipeline (SCP); and expansion of the Sangachal Terminal. Further pipelines will be built and expanded to transport Shah Deniz gas through Turkey and Europe.
Project Details: Shah Deniz Project
RWE Dea to Acquire Seismic Data in Caspian Sea
Apr 17, 2012 – RWE Dea is set to begin its seismic acquisition program off the Turkmenian coast in the Caspian Sea on Block 23. A subsequent exploration well is scheduled for drilling in 2013. The operator stated that the survey will enable them to explore for geological structures in the Miocene and Pliocene at depths from 9,843 to 21,325 feet (3,000 to 6,500 meters). The seismic survey compromises the acquisition of 3D data in an area of 98,842 acres (400 square kilometers) and a 2D program to assess the further exploration potential of Block 23.
Africa – West
Anadarko Encounters Water-Bearing Reservoirs in Kosrou-1
Apr 19, 2012 – Anadarko has successfully drilled the Kosrou-1 well offshore Cote d’Ivoire. The well encountered water-bearing reservoirs with oil shows. The Kosrou-1 well targeted a channel system identified on the 3D seismic survey acquired in 2010. It intersected 295 feet (90 meters) of reservoir quality sandstones with oil shows in the primary target and over 394 feet (120 meters) in total in the well. The Eirik Raude (UDW semisub) drilled Kosrou-1 to a final depth of 17,195 feet (5,241 meters) in a water depth of 7,464 feet (2,275 meters). On completion of operations, the rig will return to the Paon-1 location to complete the drilling of that well. Paon-1 is a high impact prospect which is geologically independent from Kosrou.
Project Details: Kosrou
Anadarko Finds Oil Shows in Mercury-2
Apr 19, 2012 – Anadarko has successfully drilled the Mercury-2 appraisal well in Sierra Leone. The well encountered water-bearing reservoirs with oil shows. The Mercury-2 well, drilled 7 miles (12 kilometers) northwest of the Mercury-1 oil discovery, targeted an area where the extensive 3D seismic coverage indicated a high probability of finding thick reservoir quality sandstones. It intersected over 886 feet (270 meters) of reservoir quality sandstones which were water bearing with oil shows at this location. The Discoverer Spirit (UDW drillship) drilled Mercury-2 to a final depth of 16,870 feet (5,142 meters) in a water depth of 5,955 feet (1,815 meters).
Project Details: Mercury
YPF, Chevron Mulling Aje Development Options
Apr 18, 2012 – YPF reported that various development concepts have been evaluated for the Aje field but progress towards a development decision has been slow. This is due mainly to delays in securing a commercially viable gas sales contract through the West Africa Gas Pipeline. Four wells have been drilled to date on the Aje field. Aje-1 and -2 tested oil and gas condensate at high rates. Aje-4, drilled in early 2008, logged significant pay and confirmed the presence of four productive reservoirs. The Aje field has full 3D seismic coverage. The Aje field development is being managed by Chevron, as Technical Advisor to Nigerian operator Yinka Folawaiyo Petroleum.
Project Details: Aje
Harvest Natural Plans to Drill Well in Dassafu in 2012
Apr 17, 2012 – Harvest Natural Resources plans to drill an additional well in the Dussafu Ruche Marin field in 2012 after reviewing additional 3D seismic. Rig options are currently being reviewed. The operator is hoping to pinpoint future drilling and development activities in the license.
Project Details: Dussafu Ruche Marin
Tullow Oil Continues Development Ops at Jubilee
Apr 17, 2012 – Tullow reported that production from Jubilee in 2011 was lower than anticipated; however, this is being remediated through the installation of newly designed well completion equipment. The operator anticipates that the issue will be resolved this year allowing the field to achieve plateau production in 2013. Production will also be supported by Jubilee Phase 1A, which will include a total of eight additional wells. Phase 1A operations are expected to take around 18 months to complete at an estimated cost of $1.1 billion.
Project Details: Jubilee
Tullow Begins FEED Work on TEN Cluster Project
Apr 17, 2012 – In 2011, Tullow completed an exploration and appraisal program on the TEN cluster project enabling the beginning of FEED work. FEED work has commenced on the FPSO and subsea infrastructure options with a Plan of Development are expected to be submitted to the Government of Ghana in the third quarter of 2012. Tullow expects first oil to commence some 30 months after approval with combined production in the region of 100,000 bopd. Initial gas production will be split between export and re-injection to manage reservoir performance.
Project Details: The Ten Cluster
Tullow Oil Spuds Wawa-1 Well
Apr 17, 2012 – Tullow Oil has spud the Wawa prospect offshore Ghana. The West Leo (UDW semisub) is targeting hydrocarbons that may have moved to a trap up-dip from the Tweneboa-Enyenra-Ntomme oil and gas condensate fields. The water depth of the site is 1,939 feet (591 meters).
Project Details: Wawa
Australia
Chevron, Partners Sign Wheatstone LNG Agreement with Chubu
Apr 19, 2012 – Chevron and partners have agreed to sell LNG from the Wheatstone project in Western Australia to Chubu Electric Power Company. The Wheatstone partners and Chubu signed a heads of agreement to supply 1 million metric tons per annum (MTpa) of LNG for up to 20 years. Through its 13-percent share in Wheatstone, Apache Julimar Pty Ltd, an Apache subsidiary, will supply 0.13 MTpa to Chubu, or approximately 19 million cubic feet of natural gas per day. The heads of agreement is subject to completion of a binding LNG sales agreement. The Wheatstone partners earlier announced long-term agreements to sell LNG to Tokyo Electric Power and Kyushu Electric Power.
Project Details: Wheatstone
BHP Billiton Finds Gas in Tallaganda
Apr 18, 2012 – BHP Billiton has made a gas discovery in the Tallaganda-1 well, located in permit WA-351-P, of the Carnarvon Basin, Western Australia. The well reached a total depth of 14,321 feet (4,365 meters) in a water depth of 3,743 feet (1,141 meters). Preliminary analysis of the wire line log data and the recovery of gas from wire line sampling have confirmed a gas discovery was made in the Mungaroo formation. The preliminary interpretation of well results confirms that Mungaroo reservoir quality over the gas-bearing interval penetrated in the well is variable at this location on the Greater Tallaganda structure. Further analysis is required to assess the commercial viability of the project.
Project Details: Tallaganda
S. America – Brazil
Blue Water Grabs Sapinhoa FPSO Conversion Project
Apr 18, 2012 – Blue Water Shipping received a contract to provide logistics for materials and equipment to China and Brazil, where the conversion of the Cidade de Ilhabela FPSO is taking place. The FPSO is being converted from a tank vessel which is 1,312 feet (400 meters) long and 230 feet (70 meters) wide. After the conversion, the vessel will be the world’s largest FPSO. It will operate at the Sapinhoa field, formerly called Guara, offshore Brazil. The first part of the project takes place in China where the preliminary, basic changes of the tank vessel will be carried out. Subsequently the vessel will sail to SBM’s shipyard in Brazil where the final part of the conversion will take place. The entire conversion project is expected to be completed in 2014.
Project Details: Sapinhoa (Guara)
Petrobras Discovers Oil in Dolomita Sul
Apr 13, 2012 – Petrobras has discovered good quality oil at well 1-RJS-689A (1-BRSA-925A-RJS) to the north of the Lula field in the pre-salt area of the Santos Basin. Petrobras said the discovery confirms the potential of the pre-salt region beyond the limits of the first discoveries (pre-salt cluster). The well, which is still in the drilling phase, also seeks to accomplish deeper objectives. After drilling is completed, Petrobras will evaluate the productivity of these reservoirs through formation tests. The new well, informally known as Dolomita Sul, is located in a water depth of 5,732 feet (1,747 meters) in Block BM-S-42.
OGX Confirms Additional Light Oil in Santos Basin
Apr 13, 2012 – OGX reported that well 3-OGX-74-SPS, the first extension well of the Natal accumulation (1-OGX-11D-SPS), demonstrated the continuity of the sandstone reservoirs of the Santonian age. OGX verified the presence of light oil of 38 degree API, while well OGX-11D had previously confirmed the presence of gas and condensate. OGX-74 was drilled to a depth of 14,564 feet (4,439 meters) and, together with wildcat wells, OGX-11D and OGX-47, will be part of a Discovery Evaluation Plan which will appraise the sandstones of the Santonian age accumulations in Block BM-S-59.
Project Details: Natal
S. America – Other & Carib.
FOGL to Spud Loligo Prospect in June
Apr 17, 2012 – FOGL plans to spud the Loligo prospect, which is one of the highest impact exploration wells in their drilling program, in June 2012. The prospective resources of Loligo are 4.7 billion barrels. The Loligo complex comprises several reservoir objectives along with a number of various reservoir targets. The well is located in the Falkland Islands.
Project Details: Loligo

Punch Drunk in the Oval Office

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Helle Dale
March 28, 2012 at 9:15 am

Could someone get the President some new speechwriters? President Obama is woefully in need of new vocabulary, as a recent expose by Danish television hilariously and embarrassingly reveals.

For leaders of smaller nations, a meeting and a photo op with the American President in the White House is always a huge thrill. And so Danish Prime Minister Helle Thorning-Schmidt was no exception when she received the presidential treatment on February 24, basking in the glow of President Obama’s approval. The President (rightly) praised Denmark’s military contribution in Afghanistan and Libya, saying that the small Nordic country of 4.5 million people ”punches above its weight.”

As sweet as this praise must have been to the ears of the Danish prime minister, it was soon tempered by revelations that President Obama is very free with the use of this phrase. Danish television clipped together a montage showing Obama complimenting the leaders of Norway, Ireland, and the Philippines in exactly the same words, all for ”punching above their weight.” President Obama apparently has not used the expression about the British, despite the fact that he borrowed it from British Foreign Minister Douglas Hurd.

The conservative Danish newspaper Jyllands–Posten noted that Obama must really be pleased with the Danes, as he said the same thing to the previous Danish prime minister, Lars Løkke Rasmussen, during his state visit last year, sitting in the very same armchairs under the same picture of George Washington. Meanwhile, an editorial in the left-of-center newspaper Politiken grumbled that it was the unfortunate Danish desire to ”punch above their weight” that had gotten the Danes involved in the Iraq war and other American affairs. The newspaper advocated that Danes stick to their own bantam weight class in the future.

The real question might be, however, whether the United States under President Obama is punching below its weight, making the contributions of others seem all the greater. From premature military withdrawals from Iraq and Afghanistan to selling out U.S. missile defense to the Russians and mouthing mechanical blandishments to U.S. allies like the Danes, President Obama is squandering a great foreign policy legacy.

Helle C. Dale is Senior Fellow in Public Diplomacy at The Heritage Foundation—and a native of Denmark.

Posted in American Leadership

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