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Worldwide Field Development News Oct 18 – Oct 24, 2014

Worldwide Field Development News
Oct 18 – Oct 24, 2014
This week the SubseaIQ team added 9 new projects and updated 38 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.

MidEast – Persian Gulf
JODCO Announces First Phase Oil Production at Umm Lulu Field
Oct 21, 2014 – Inpex subsidiary Japan Oil Development Company (JODCO) announced that production had started earlier this month at the Umm Lulu field off Abu Dhabi. Production activities are currently associated with the first phase of development at the field and involves using existing facilities at the adjacent Umm Al-Dalkh field with produced oil flowing to shore-based processing facilities on Zirku Island. Phase II will consist of the installation of several fixed platforms and is expected to allow oil production at a rate of 105,000 bopd. The Umm Lulu joint venture consist of Abu Dhabi Oil Company (60%), BP (14.67%), Total (13.33%) and JODCO (12%).
Project Details: Umm Lulu
Australia
IPB Petroleum Preps for Pryderi-1 Probe
Oct 22, 2014 – IPB Petroleum anticipates spudding a wildcat well in the WA-424-P permit in late October or early November. The Stena Clyde (mid-water semisub) has been contracted to drill the well but is currently on location at the Puffin field in permit AC/L6. Pryderi-1 is designed to target a possible 78 million barrels in prospective resources. IPB operates the permit with 75% interest on behalf of its partner CalEnergy (25%).
Project Details: Pryderi
Africa – West
Leopard Wildcat off Gabon Provides Gas Discovery for Shell and CNOOC
Oct 23, 2014 – Shell announced the discovery of oil and gas while drilling the Leopard-1 exploration well in Block BCD10 offshore Gabon. The well was drilled to a total vertical depth of 16,610 feet by the Noble Globetrotter II (UDW semisub) in 6,922 feet of water. A net gas column of 656 was cut through pre-salt reservoir. Shell serves as block operator with 75% and its partner, CNOOC, carries the remaining 25%. The partners are planning to initiate an appraisal drilling program to aid in determining resource volumes.
Project Details: Leopard (Gabon)
Ophir Reports Successful DST at Fortuna Field Appraisal
Oct 22, 2014 – A successful drill stem test (DST) was recently performed at the Fortuna-2 well in Ophir Energy’s Block R offshore Equatorial Guinea. Fortuna-2 was drilled by the Titanium Explorer (UDW drillship) to appraise the 2008 Fortuna discovery. During the DST, a sustained flowrate of 60 MMscf/d was achieved through constrained testing equipment with less than 20 psi of drawdown at the reservoir. Ophir had originally assumed 7 development wells would be needed to exploit the reservoir but the excellent flowrate and minimum drawdown make it likely that less wells will be needed. Fortuna is estimated to contain 1.3 Tcf in recoverable gas resources. Ophir and GEPetrol participate in the block at 80% and 20% interests respectively.
Project Details: Fortuna Complex
N. America – US GOM
Delta House FPU Successfully Installed in MC254
Oct 24, 2014 – Installation of LLOG’s Delta House floating production unit (FPU) has been successfully completed in the U.S. Gulf of Mexico. The semisubmersible is located in 4,500 feet of water in Mississippi Canyon 254. Based on the Exmar OPTI-11000 hull design, the facility has a peak oil and gas production capacity of 100,000 bopd and 240 MMscf/d. Most of the subsea infrastructure associated with Delta House has been installed and production start up is anticipated in 1H 2015.
Project Details: Delta House
Chevron Hits Oil Pay at Guadalupe Prospect in U.S. GOM
Oct 23, 2014 – Chevron, operator of Keathley Canyon Block 10 in the U.S. Gulf of Mexico, discovered oil while drilling a deepwater exploration well at its Guadalupe prospect. Specific details were not provided but the discovery in Lower Tertiary Wilcox sands is described as significant. The well was drilled by the Discoverer India (UDW drillship) to a depth of 30,173 feet. Chevron’s partners in the block include BP (42.5%) and Venari Resources (15%). Additional testing and appraisal will be needed to determine the commerciality of the discovery.
Project Details: Guadalupe (KC10)
Europe – North Sea
GDF and BP Team Up for Vorlich and Marconi Discovery in UK North Sea
Oct 23, 2014 – GDF Suez and BP recently made a new discovery in the UK North Sea while drilling well 30/1f-13A and a sidetrack. The well was drilled to test a structure that spans parts of GDF-operated license P1588 and BP-operated license P363. GDF refers to the discovery as Marconi and BP refers to it as Vorlich. The well was drilled by the Transocean Galaxy II (400′ ILC) under a joint well agreement between the participants of both licenses. Hydrocarbon-bearing Paleocene sands were encountered in license P363 and a sidetrack into license P1588 confirmed the westerly extension of the discovery. Well 30/1f-13A tested at a maximum flowrate of 5,350 boepd.
Project Details: Marconi – Vorlich
Xcite Signs MOU with Baker Hughes for Bentley Field Services
Oct 22, 2014 – Xcite Energy, operator of the Bentley field in UK license P1078, announced a Memorandum of Understanding (MOU) with Baker Hughes that lays down principles for the provision of services related to the development of the field. Xcite Energy has tasked Baker Hughes with maximizing recovery from the field. Baker Hughes will likely supply drilling and completion services, well engineering, reservoir engineering and electric submersible pumps. Bentley was discovered in 1977 and development started in early in 2012. Xcite is the sole interest holder in the project. Production at the field could be initiated next year with an expected rate of 57,000 bopd.
Project Details: Bentley
Statoil Finds Additional Resources near Grane Field in North Sea
Oct 22, 2014 – Additional oil resources have been proven in the vicinity of the Statoil-operated Grane field in the Norwegian North Sea. Statoil tested the D-structure with well 25/8-18S and exposed an oil column of 82 feet in the Heimdal formation. Data indicates a recoverable volume of 30 to 80 million barrels. The discovery is located just over 4 miles north of the Grane field and is part of Statoil’s strategy of near-field exploration in an effort to extend the life of existing infrastructure. The well was drilled by the Transocean Leader (mid-water semisub) and reached a measured depth of 6,125 feet.
Project Details: Grane
Africa – Other
Chariot Elects Not to Renew Namibian Blocks
Oct 23, 2014 – Chariot Oil & Gas has elected not to apply for a new exploration license concerning its 100%-owned Namibian Blocks 1811A and 1811B that are due to laps Oct. 26. The company has thoroughly analyzed proprietary seismic and well data and has integrated information from third party drilling activity in order to determine the possibility of long range hydrocarbon migration to the Zamba prospect. The efforts have not been able to de-risk the prospect to a level that warrants further investment although Chariot still considers the acreage to be prospective. In May 2012 Chariot drilled an unsuccessful well at the Tapir South prospect. Well 1811/5-1 cut 568 net feet of carbonate and sandstone reservoirs but no hydrocarbon indications were observed.
Project Details: Zamba
Oil Shows Suggest Possible Discovery Offshore Morocco
Oct 21, 2014 – Near the end of July, Genel Energy spud the SM-1 exploration well in the Sidi Moussa block offshore Morocco to test the Nour prospect. San Leon Energy, a junior partner in the block, confirmed in a recent report the well has been drilled to 9,268 feet and that oil was encountered during the drilling process. The partners plan to proceed with well testing to determine possible commercial value of the discovery. SM-1 was drilled by the Noble Paul Romano (DW semisub) in 3,215 feet of water. Block interest holders include operator Genel Energy (60%), state-run ONHYM (25%), San Leon Energy (10%) and Serica Energy (5%).
Project Details: Nour
Asia – SouthEast
McDermott Snags Second Bukit Tua Development Contract
Oct 23, 2014 – McDermott International, Inc. was recently awarded its second contract relating to the Petronas-operated Bukit Tua development in the Ketapang Production Sharing Contract (PSC) offshore East Java, Indonesia. In August, the engineering firm was secured to build the jacket for the BTJT-A wellhead platform that will be installed at the field in November 2014. This week, McDermott was awarded a transportation, installation and pre-commissioning contract regarding the jacket and its topsides along with subsea pipeline tie-in spools. Additionally, McDermott will be responsible for pre-commissioning of the related export and infield pipelines. Offshore work should be completed by the end of 1Q 2015.
Project Details: Bukit Tua

LLOG Experiencing Tremendous Growth, CEO Says

LLOG Exploration today provided an update on the status of Deepwater drilling contracts, production at the Who Dat field, development activities at the Marmalard discovery, and its recent Powerball discovery.

On April 2, a three-year contract, with an option for an additional year at mutually-agreeable rates, between LLOG Bluewater Holdings, LLC (the joint venture partnership between LLOG and Blackstone) and Sevan Drilling was announced for the Sevan Louisiana ultra-deepwater drilling rig that is currently under construction in China. The rig will be capable of drilling in water depths up to 10,000 feet, and is scheduled for delivery in Q4 2013.

On April 16, LLOG Bluewater Holdings and Seadrill announced a three-year contract, with an option for a fourth year at mutually-agreeable rates, for the new-build, ultra-deepwater drillship West Neptune. The West Neptune is being built in South Korea and is scheduled for delivery in Q2 2014. The rig will have two BOPs, will be outfitted to work in up to 10,000 feet of water, and is capable of water depths up to 12,000 feet and drilling depths up to 37,000 feet.

First production from the fifth well in the Who Dat field at Mississippi Canyon 503/504/546/547 was initiated on April 12, bringing total production to 28 thousand barrels of oil and 58 million cubic feet of gas per day. The development plan for the field calls for the company to drill eight additional wells, which would fully utilize the 60 MBOPD and 150 MMCFD capacity of the floating production system.

Drilling activities are underway on Mississippi Canyon 255 #1, a development well resulting from the Marmalard discovery announced in August of 2012. The Marmalard discovery well at Mississippi Canyon 300 was drilled to a total depth of 18,100 feet and encountered two oil-bearing zones. Marmalard is one of the discoveries that will be tied back to the Delta House Floating Production System, which is under construction and scheduled to begin operations in 2015. LLOG Bluewater owns a 26% working interest in Marmalard.

On the Shelf, the South Timbalier 231 #1 well (Powerball South) was drilled to a depth of 18,915 feet and encountered over 90 feet of net gas/condensate pay in high quality reservoir sands. Facilities are being constructed to bring the well on line in Q3 2014, and another well is planned for later in the year. LLOG Bluewater owns a 74% working interest in South Timbalier 231/232.

Scott Gutterman, President and CEO of LLOG, commented: “These activities are further evidence of the tremendous growth being experienced at LLOG. The two rig contracts will allow us to develop the acreage around our Delta House project and explore our extensive portfolio of exploration prospects in the Deepwater Gulf of Mexico. Who Dat continues to perform extremely well, and we are quite enthusiastic about the opportunities at Marmalard and Powerball.”

Source

LLOG to Deploy Seadrill’s Newbuild Drillship West Neptune

Seadrill has signed a contract with LLOG Bluewater Holdings, LLC, for employment of the newbuild drillship, West Neptune, offshore Gulf of Mexico.

The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates. The potential revenue for the primary contract term is approximately US$662 million. The West Neptune is expected to be delivered to Seadrill from the Samsung Heavy Industries shipyard in Geoje, South Korea, in early June 2014. The rig will be outfitted to work in up to 10,000′ of water and is capable of water depths up to 12,000′ and drilling depths up to 37,000′.

Fredrik Halvorsen, CEO and President of Seadrill Management Ltd. says in a comment, “We are delighted to have signed our first contract with LLOG, a leading independent operator in the Gulf of Mexico. This award complements our expanding deepwater operations in the area with Seadrill’s fleet growing to six ultra-deepwater units within the US and Mexican Gulf of Mexico over the next 18 months. In addition, this contract brings Seadrill’s order backlog to US$20.9 billion. We continue to experience strong demand for premium ultra-deepwater rigs and expect to further increase our backlog and earnings visibility in the next months as our additional ultra-deepwater units under construction secure term contracts.”

Scott Gutterman, President and CEO of LLOG, added: “The West Neptune will be the first dual BOP rig in the Gulf of Mexico for LLOG. LLOG will initially utilize the rig to perform completions of our Delta House wells. Having two BOP’s will allow LLOG to complete our wells efficiently saving up to 12 days per completion. Execution of this contract is another key step in accelerating the drilling and development of our extensive portfolio of exploration prospects in the Gulf of Mexico. Seadrill is an outstanding company and we are looking forward to the business relationship.”

Source

LLOG Hires Sevan Louisiana Rig

Sevan Drilling has confirmed that a three-year charter contract for operation in the US Gulf of Mexico now has been entered into between one of its wholly owned subsidiaries and LLOG Bluewater Holdings LLC.

Sevan Drilling rig no 3 which will be named Sevan Louisiana, which is currently under construction at Cosco Quidong shipyard in China, will be used for the charter contract. The rig will be capable of drilling in water depths up to 10,000 feet and will employ an innovative, proven cylindrical hull design that makes the rig less sensitive to weather conditions. The Sevan Louisiana is scheduled for delivery in Q4 2013, and the start of operations under the charter contract is expected to be in January 2014. The total value of the charter contract is in excess of USD 550 million.

The CEO of Sevan Drilling, Scott Kerr comments: “The execution of this charter contract represents an important milestone for Sevan Drilling, and we are very pleased to have reached agreement with LLOG which is a well reputed operator in the US Gulf of Mexico”.

Scott Gutterman, President and CEO of LLOG, added: “Execution of this contract is another key step in accelerating the drilling and development of our extensive portfolio of exploration prospects in the Gulf of Mexico. The Sevan Louisiana will be capable of drilling each prospect in our inventory, and the rig has numerous operating, safety and environmental advantages. Sevan is an outstanding company and we are looking forward to the business relationship.”

Source

Gulf of Mexico: FMC Technologies’ Subsea Equipment for LLOG’s Delta House Project

FMC Technologies, Inc. announced that it has received a subsea equipment order from LLOG Exploration Company, LLC (LLOG Exploration) for their Delta House project. The order has an estimated value of $114 million in revenue.

The project is located in the Gulf of Mexico Mississippi Canyon area in water depths of approximately 5000 feet (1524 meters). FMC Technologies’ scope of supply includes nine subsea trees, four subsea manifolds, five multiphase meters and associated topside control systems and subsea distribution systems. The equipment is scheduled for delivery in 2013.

“FMC Technologies is pleased to provide LLOG Exploration subsea systems for their recent Mississippi Canyon developments,” said Tore Halvorsen , FMC Technologies’ Senior Vice President, Subsea Technologies. “We welcome the opportunity to provide them with the subsea technology to meet their needs.”

“LLOG Exploration’s strategic alliance with FMC Technologies has been critical to LLOG Exploration’s success,” said Scott Gutterman , LLOG Exploration’s President and CEO.

Gutterman added, “We are pleased that FMC Technologies will provide the subsea equipment for this important project.”

Subsea World News – USA: FMC Technologies’ Subsea Equipment for LLOG’s Delta House Project.

USA: FMC Technologies Wins Subsea Systems Contract from LLOG – Who Dat project

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FMC Technologies, Inc. announced that it has signed an agreement with LLOG Exploration Company, LLC, for the design, manufacture and supply of subsea production systems to support its Who Dat project in the U.S. Gulf of Mexico. The award is valued at approximately $40 million in revenue to FMC.

FMC’s scope of supply includes seven subsea production trees and control systems. The equipment will be supplied from the Company’s operation in Houston and deliveries are expected to begin in 2012.

We have supported LLOG projects for many years, and since 2008, we have also had a formal alliance in place to support their Gulf of Mexico projects,” said John Gremp, FMC’s Chairman, President and Chief Executive Officer. “They have significant prospects and production in the Gulf, and we are pleased to be their subsea systems supplier.”

FMC Technologies, Inc. is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World’s Most Admired Oil and Gas Equipment, Service Company in 2010, the Company has approximately 13,500 employees and operates 27 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

Source

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