This week the SubseaIQ team added 1 new projects and updated 8 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.
Sep 25, 2012 – The Israeli Foreign Ministry released a report Sunday regarding new developments that concern the future of the Gaza Marine gas field. Gaza Marine is located roughly 18 miles off the coast of the Gaza Strip. BG, with a 90% interest, is the field operator and estimates reserves of around 1 Tcf. Due to Israeli-Palestinian relations, development of the field has been on hold since two appraisal wells were drilled in 2000. The recent report indicates that Israeli and PLA officials have opened a meaningful dialogue in an effort to come to an agreement on a mutually beneficial development plan.
Project Details: Gaza Marine
S. America – Other & Carib.
Sep 25, 2012 – BPZ Energy’s CX-15 platform has been delivered and anchored on location at the West Corvina field. The buoyant tower and topside arrived in Peru via heavy lift vessel September 5. At this point, the tower has been ballasted down and the topsides mated to the hull. Final weld out and hook up of facilities is being completed, after which the Petrex-28 platform rig will be brought on board and assembled. The first well is expected to spud in late October.
Project Details: Corvina
Africa – West
BW Extends FPSO Contract with CNR
Sep 26, 2012 – BW Offshore announced a contract extension with CNR International (C??te d’Ivoire) SARL for the lease and operation of the FPSO Espoir Ivoirien. The firm period of the 4 year extension will carry the contract to 2Q 2017. In addition, the option period has been adjusted and could allow CNR to lease the vessel through 2Q 2036. The total contract value (including options) is $925 million, which is up from the previous contract of $250 million.
Maersk Oil Sees More Success Offshore Angola
Sep 24, 2012 – The deep waters of Block 16, offshore Angola, continue to be good to Maersk Oil and its partners. A recent production test of the Caporolo-1 exploration well flowed a maximum of 3,000 bopd on a 36/64″ choke. Caporolo-1 was drilled to 18,070 feet into a structure adjacent to, but separate from, the nearby Chissonga discovery. Drilling was done by the Ensco 5001 (DW semisub) in 4,567 feet of water. Comments from Maersk Oil indicate that further exploration and appraisal will be needed to determine if the discovery is able to be developed.
S. America – Brazil
Anadarko Cedes Interest in Brazilian Block
Sep 27, 2012 – Anadarko announced it ceded its 30% stake in Brazilian block ES-M-661, part of the BM-ES-24 concession, to operator Petrobras who now maintains a 70% interest. The company relinquished its interest in the block 6 months ago but the transaction received the Brazilian National Petroleum Agency’s approval just recently. Petrobras announced in July that the Grana Padano well, located in ES-M-661, was a heavy oil discovery. Anadarko still maintains its interest in two other blocks in the concession.
Sep 27, 2012 – Drilling at Vanco’s Canario prospect is underway. Canario is located in block BM-S-63 and is being drilled by Transocean‘s GSF Arctic 1 (mid-water semisub). The primary target is post-salt turbiditic sands of the Middle Itajai-Acu formation and is expected to be intersected at 10,498 feet. Secondary sandstones in the Upper Jureia formation are being sought as a secondary objective. Total depth for the well is projected to be 15,748 feet. Drilling is expected to take 2 ??? 3 months, at which point the rig will mobilize to the Jandaia prospect in block BM-S-71.
Project Details: Canario
Sep 27, 2012 – Logging is currently being completed and preparations are being made to begin production testing at the Boreas-1 exploration well in Browse Basin, according to Karoon Gas Australia. To this point, interpretation of the data gathered from the well indicates the presence of net pay gas sands exhibiting good reservoir properties. The Transocean Legend (mid-water semisub) is being used to carry out the exploration drilling program which calls for a minimum of 5 wells to be drilled in the area.
Project Details: Boreas
Sep 26, 2012 – New Zealand Oil & Gas said it will drill a well at its Kakapo prospect when a suitable rig can be negotiated. Kakapo is located in Permit 51311 about 25 miles off the South Taranaki coast of New Zealand. NZOG was awarded the permit in 2009 and, based on terms, had to either relinquish the permit this week or keep it and commit to drill. As operator, NZOG has a farm-out agreement with Raisama Energy, whereby Raisama will earn a 10% stake in the permit by carrying 20% of the costs for the first well – not to exceed $3 million. A timetable for the first well is expected to be confirmed within the next 6 months.
Project Details: Kakapo
Europe – North Sea
Sep 24, 2012 – Noreco announced the start of drilling operations at the Romeo prospect in the UK North Sea. The exploration well is located in block 30/11c of license P1666. Romeo is a fault bound dip closure in a proven Upper Jurassic play. Primary risk to success is considered to be the trap geometry in the formation. Suncor, as operator of the license, has engaged the WilHunter (mid-water semisub) to provide drilling services. Downhole conditions are expected to be borderline HPHT so the well will be drilled as such.
Project Details: Romeo
- Worldwide Field Development News Sep 14 – Sep 20, 2012 (mb50.wordpress.com)
- Recap: Worldwide Field Development News Jul 27 – Aug 2, 2012 (mb50.wordpress.com)
Baker Hughes Incorporated, announced that its subsidiary has chartered a new state-of-the-art pressure pumping vessel that will provide offshore stimulation services to Maersk Oil in the North Sea. Upon completion, scheduled for late 2013, the Blue Orca(TM) will become the eighth vessel in the Baker Hughes fleet.
“We are pleased to be working with Maersk Oil as we expand our current fleet into the North Sea,” said Art Soucy, Baker Hughes’ President of Global Products & Services. “Our full cadre of world-class stimulation vessels offers customers the capacity, performance and redundancy for round-the-clock operations that are needed in today’s offshore plays. We are committed to operating safely and efficiently while continuing to build on our pressure pumping market leadership and the challenging offshore environments where operators need us to be.”
The Blue Orca will be rated to 15,000 psi and will offer among the largest fluid and proppant carrying capacities in the world. It will provide 15,000 hydraulic horsepower pumping capacity and the ability to pump at rates well in excess of 60 bpm. Engineering work on the marine and stimulation systems has already begun.
“Stimulation of long horizontal wells is one of Maersk Oil’s key technologies and vital for economic development of our tight chalk reservoirs,” said Mary Van Domelen, Maersk Oil’s Stimulation Team Leader. “We appreciate the opportunity to work with Baker Hughes to deliver a new state-of-the-art stimulation vessel and look forward to welcoming the Blue Orca to the North Sea.”
The Blue Orca will join Baker Hughes’ other stimulation vessels – including the company’s newest additions to the Gulf of Mexico: Blue Tarpon and the Blue Dolphin. The vessels support offshore completion operations and will be equipped to support high-rate and high-volume multi-zone fracturing operations.
“Our pressure pumping vessels offer enhanced safety systems with redundant back-up blending and pumping capabilities,” said Lindsay Link, Baker Hughes’ President of Pressure Pumping. “When it comes to performing multi-zone, high-rate, high-pressure completions, our vessels are reliable, efficient and minimize delays in high-cost offshore environments, where time is of the essence for the operators on behalf of whom we are working.”
- Baker Hughes Rig Counts: International Offshore Rigs Up by 11 (USA) (mb50.wordpress.com)
- Norway: North Sea Giant Stays with Technip (mb50.wordpress.com)
- Apache Hires Ulstein Design PSV for Work in UK North Sea (mb50.wordpress.com)
- Look For Laggard Baker Hughes To Catch Up To Schlumberger, Halliburton (forbes.com)
- Norway: STX OSV Delivers Platform Supply Vessel to Solstad (mb50.wordpress.com)
- UK: Wellbore Clean Up Specialist Eyes Turnover Increase (mb50.wordpress.com)
- Singapore: EMAS Achieves Record Order Book with New Contracts (mb50.wordpress.com)
|This week the SubseaIQ team added 1 new projects and updated 16 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.|
- Ophir Begins with Drilling Operations Offshore Tanzania (mb50.wordpress.com)
- Angola: Azul-1 Deepwater Well Brings Oil to Maersk Oil (mb50.wordpress.com)
- USA: Saratoga, McMoRan in Vermilion 16 Field JV Talks (mb50.wordpress.com)
The Azul-1 well, the first to penetrate pre-salt objectives in Angolan deepwater, was drilled in water depths of 923 meters and reached a final depth of 5,334 meters. The condition of the well prevented an assessment of flow capacity by a conventional test. This was performed as a mini-Drill Stem Test that enabled the recovery of two good quality oil samples.
The preliminary interpretation of the data indicated a potential flow capacity greater than 3,000 barrels of oil a day. Taking into account these encouraging results, Maersk Oil will further evaluate the results of this discovery and will proceed with exploration work in the block.
Sonangol E.P. is the block Concessionaire. Maersk Oil is operator of Block 23 with a 50% working interest with partners Svenska (30%) and Sonangol P & P (20%).
“We are encouraged by the results of our first pre-salt exploration well in this region, which was also the first ever deep water well targeting pre-salt reservoirs in the Kwanza Basin. The result may be a further step towards our goal of building up a significant business in Angola,” said Lars Nydahl Jorgensen, Head of Exploration at Maersk Oil.
“There is substantial evaluation work ahead of us to determine whether the discovery is enough to invest further to get production going. This will be done by, amongst other things, state of the art reprocessing of seismic data. Fully appraising the discovery will take several years and it is far too early to guess the outcome,” Jorgensen said.
- Angola: Maersk Reports Chissonga-2 Well to Have Encouraging Test Results
- Maersk Oil to Buy Devon Energy’s 15% Interest in Angola Block 16
- Angola: Cobalt Wins Operatorship in Block 20. First Well in 2013
- Statoil Becomes Operator in Two Blocks Offshore Angola
- Eni Strengthens Presence in Angola with New PSC
- Oceaneering Bags Angola Gig from BP (mb50.wordpress.com)
- Angola: Oil Ministry Says US Will be Main Market for LNG Export (mb50.wordpress.com)
- Angola LNG Looks to Sell Liquefied Natural Gas to Non-U.S. Buyers (mb50.wordpress.com)
Plexus Holdings PLC, an oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces world leading oil and gas companies Maersk Oil , Shell, Wintershall, and the UK entity of the world’s largest offshore drilling company, and oil and gas technology solution consultancy SafeKick Ltd have signed up as consulting partners to Plexus’ Joint Industry Project (‘JIP’) to develop and commercialise a new and safer subsea wellhead utilising Plexus’ patented POS-GRIP technology.
In addition Plexus is in advanced discussions with three further international oil and gas operators regarding joining the JIP project, and expects to provide an update on this in due course.
· JIP initiated in October 2010 in response to oil and gas industry encouragement for Plexus to develop the application of its POS-GRIP surface and platform friction-grip wellhead technology subsea
· New ‘HGSS’™ subsea wellhead will be designed to address key technical issues and requirements highlighted following the Gulf of Mexico incident in April 2010
· Key industry members of the JIP will contribute to the design and engineering process for the new subsea wellhead – Plexus’ intention is for relevant JIP partners to become end users of HGSS wellhead once fully built, tested and commercialized
· 18-24 month development programme – total project cost over a two year period estimated at £1.5m to £2m of which a substantial part will classify as R&D
· Recruiting a subsea development and engineering team for the JIP, located in a dedicated building in Aberdeen
· Intellectual property (‘IP’) generated by the project will be owned by Plexus, adding to the extensive suite of IP associated with proprietary POS-GRIP technology
Plexus’ CEO Ben Van Bilderbeek said, “Today’s announcement is a major vote of confidence for our JIP subsea wellhead project, and confirms the strong support and encouragement we continue to receive from key industry players to further develop our friction grip wellhead technology in areas beyond our organic jack-up exploration activities. I believe that there is a growing recognition by the industry of POS-GRIP technology, which reinforces the significant commercial potential in new application areas such as subsea.
“I am confident that the HGSS Subsea Wellhead will ultimately prove to be a superior subsea wellhead option in the years to come, and we look forward to working closely with all our new partners, as well as welcoming additional JIP members to the project in due course, as we continue to develop the POS-GRIP HGSS Subsea Wellhead project”.
- Norway: Aker Solutions to Supply Production Equipment for Brynhild Project (mb50.wordpress.com)
- USA: Shell Sets World Record for Deepest Subsea O&G Well at Perdido Development (mb50.wordpress.com)
- UK: Reef Subsea Enters Charter Deal for Two Neptune Offshore’s Vessels (mb50.wordpress.com)
- Norway: Aker Solutions to Supply Production Equipment for Brynhild Project (mb50.wordpress.com)
- UK: Aker Solutions to Supply Subsea Modules for Western Isles Project (mb50.wordpress.com)
- Re-inventing subsea intervention to keep economics above water (mb50.wordpress.com)
Nexen Petroleum UK Ltd., a subsidiary of Nexen Inc., announced today it has received approval from the UK Department of Energy and Climate Change (DECC) to proceed with the Golden Eagle area development – a GBP 2 billion (C$3.3 billion) investment (GBP 750 million net to Nexen) that is expected to produce an estimated 140 million barrels of oil equivalent (gross) of proved and probable reserves over an 18-year period.
The Golden Eagle development encompasses both the Golden Eagle and Peregrine reservoirs located in central North Sea blocks 20/1N, 20/1 and 14/26a, approximately 43 miles from Aberdeen. The development plan for Golden Eagle incorporates a combined production, utilities and accommodation platform linked to a separate wellhead platform. Plans call for 20 development wells (16 platform-based and four subsea) to be drilled. The development will also include associated in-field and export pipeline infrastructure.
Detailed design engineering has commenced and fabrication is scheduled to start in late 2011. Pipeline and subsea installation is expected to begin in early 2013, to be followed by drilling later that same year. First oil production is forecast for late 2014 and the development is expected to have an initial gross production rate of up to 70,000 barrels of oil equivalent per day (boe/d), about 26,000 boe/d net to Nexen.
“This is a great day for the UK oil and gas industry. Regulatory approval marks a major milestone in the development of Golden Eagle, which is one of the largest oil discoveries in the UK North Sea since our Buzzard discovery,” said Phil Oldham, Managing Director of Nexen Petroleum UK Ltd.
During construction, the Golden Eagle development is expected to create employment for more than 2,000 workers. Once operational, the facility is expected to employ more than 400 people and provide thousands of indirect jobs throughout its 18-year production life. More than two-thirds of the contracts for products and services for Golden Eagle are to be sourced in the UK, a total benefit estimated at more than GBP 1.4 billion.
The project’s design, construction and operation will reflect the results of a comprehensive environmental impact assessment, which has also been approved by the DECC.
“Continuous improvement in safety and environmental performance has been built into our project planning. Safe, responsible energy development is our priority,” said Oldham.
Nexen holds significant acreage adjacent to the Golden Eagle development and continues to explore and appraise the UK North Sea to identify future opportunities and potential synergies with the Golden Eagle infrastructure. This includes participating in an active UK North Sea exploration and appraisal campaign and investing in other development projects in the region.
Nexen is the second largest oil producer in the UK. In 2010, the company’s UK-based business produced approximately 110,000 boe/d, primarily from the Buzzard field. The company currently provides employment for about 1,200 full-time and contract staff at its offices in Uxbridge and Aberdeen and at its offshore facilities.
Nexen Petroleum UK Ltd. is the operator of Golden Eagle and holds a 36.54% working interest in the field. The remaining interest is held by Maersk Oil North Sea UK Ltd. (31.56%), Suncor Energy UK Ltd. (26.69%) and Edinburgh Oil and Gas Ltd. (5.21%).
Nexen Petroleum UK Ltd. is a subsidiary of Nexen Inc., a global energy company listed on the Toronto and New York stock exchanges under the symbol NXY. Nexen is focused on three growth strategies: oil sands and shale gas in Western Canada and conventional exploration and development primarily in the UK North Sea, offshore West Africa and deepwater Gulf of Mexico.