Blog Archives

Worldwide Field Development News Jul 6 – Jul 12, 2013

This week the SubseaIQ team added 5 new projects and updated 23 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.

Asia – SouthEast

Premier Close to Commissioning Anoa Phase 4

Jul 12, 2013 – Premiere Oil announced that on June 21 a planned 4-week shutdown of the Anoa field gas processing facility commenced to allow the completion of the Phase 4 compression project. The project was implemented to add additional gas processing capacity to handle the decline of oil production and the increase of associated gas production. First gas is expected near the end of July with final commissioning to be complete by September. Phase 4 will allow the commercialization of roughly 200 Bcf of undeveloped proven reserves. The Anoa field is located off Indonesia in Natuna Sea Block A. Premier (28.667%) operates the field on behalf of its partners KUFPEC (33.33%), Hess (23%) and Petronas (15%).

Project Details: Anoa

KrisEnergy Hits Gas Pay with Tayum-1

Jul 12, 2013 – KrisEnergy, operator of the Kutai PSC offshore Indonesia, announced the completion of drilling operations at the Tayum-1 exploration well. Shelf Drilling’s Randolph Yost (300′ ILC) drilled the well directionally to a measured depth of 11,095 feet (8,410 feet total vertical depth). Almost 50 feet of net gas pay was encountered over multiple sandstone intervals. The well has been plugged and abandoned as a gas discovery.

Project Details: Tayum

Nido Petroleum Secures SC54A Extension

Jul 11, 2013 – Nido Petorleum secured a 12-month extension from the Philippines Department of Energy relating to Sub-Phase 6 for Service Contract (SC) 54A. Sub-Phase 6 now has an effective end date of Aug 4, 2014 and Sub-Phase 7 will commence Aug 5, 2014 and last for 12 months. The extension allows Nido and its partners additional time to complete engineering and development studies prior to making the decision on whether or not to enter Sub-Phase 7. Lawaan is the leading drillable prospect in SC54A with oil-in-place estimates of 34.7 million barrels.

Project Details: Lawaan

Africa – West

Starfish Comes up Dry off Ghana

Jul 11, 2013 – Ophir Energy’s Starfish-1 well has been drilled to 14,370-feet total depth (TD) by the Stena DrillMax (UDW drillship) in the Accra PSC offshore Ghana. A wireline logging program was carried out in the well that confirmed over 750 feet of gross water-bearing sandstone in the primary target. The secondary target was determined to be comprised of poorly developed sands that were also water-bearing. Evaluation of the logging data will continue in an effort to help the PSC partners decide by the Sept. 23-deadline on whether or not to proceed with the Phase 2 work program.

Project Details: Starfish

Pieces Falling in Place for Welwitschia Probe

Jul 11, 2013 – The partners in Namibian license PEL0010 selected the new-build Rowan Renaissance (UDW drillship) to drill the Welwitschia-1 exploration well. Rig delivery is expected to take place in December 2013, at which point the drillship will sail directly to Namibia to spud the well in mid-February 2014. Detailed well planning is underway and a site has been selected that will allow the well to test the primary and secondary targets in Maastrichtian and Aptian-Albian reservoirs. Procurement of long-lead items is underway with deliveries to begin by the end of the year. License partners include Repsol (44%) as operator, Tower Resources (30%) and Arcadia (26%).

Project Details: Welwitschia

Europe – North Sea

Blackford Dolphin Locked to Drill Aragon

Jul 12, 2013 – Bridge Energy, a partner in UK license P1763, announced the Blackford Dolphin (DW semisub) has been contracted by operator-MPX North Sea to test the Aragon prospect with an estimated spud date in 1Q 2014. Aragon is located near the Beryl field and the well will be target sands in the Upper Jurassic Heather formation. Drilling the exploration well will fulfill a work commitment that needs to be completed before 1Q 2015.

Project Details: Aragon

Premier and KUFPEC Increase Bream Interests

Jul 12, 2013 – Premier Oil and KUFPEC Norway AS have entered into an agreement to acquire BG Group’s entire 40% interest in license PL407 on the Norwegian continental shelf. If approved by regulatory authorities, the revised license ownership will consist of Premier (50%) as operator, KUFPEC (30%) and Tullow (20%). PL407 contains the Bream discovery which has been estimated to contain around 50 MMboe. Development of the field is expected to be sanctioned at some point in 2014.

Project Details: Bream

Lundin Adds to Johan Sverdrup Reserves

Jul 12, 2013 – Lundin Petroleum announced the successful completion of its latest Johan Sverdrup appraisal well. Well 16/3-6 was drilled by the Bredford Dolphin (mid-water semisub) to a depth of 6,643. A 37-foot oil column was discovered in good quality Upper Jurassic sandstone. The rig will now mobilize to license PL544 to drill well 16/4-7 on Lundin’s Biotitt prospect.

Project Details: Johan Sverdrup

Cairn Farm-In Approved by Ireland’s DCENR

Jul 12, 2013 – Cairn Energy’s 38% farm-in as operator of Frontier Exploration Licenses (FEL 2/04) and 4/08 has been approved by Ireland’s Minister of State at the Department of Communications, Energy and Natural Resources (DCENR). License FEL 2/04 contains the Burren and Spanish Point discoveries and FEL 4/08 holds the Cama oil prospect. Cairn has contracted the Blackford Dolphin (DW semisub) to drill an appraisal well at Spanish Point in 2Q 2014. In addition to the two FELs, Cairn also secured operatorship of a licensing option in the Porcupine Basin covering 1,062 square miles.

Project Details: Spanish Point

NPD Issues Drilling Permit for Iskrystall Wildcat

Jul 11, 2013 – The Norwegian Petroleum Directorate (NPD) granted Statoil a permit to drill an exploration well at its Iskrystall prospect in license PL608. Well 7219/8-2 will be drilled by the West Hercules (UDW semisub) in 1,128 feet of water. The well will test a similar early-middle Jurassic play that was proven by the Skrugard and Havis discoveries but is thought to lie at a much greater depth at Iskrystall.

Project Details: Iskrystall

Ocean Vanguard Spuds Cliffhanger North

Jul 11, 2013 – Lundin Petroleum announced the spud of well 16/2-18S in Norwegian license PL265. The well is being drilled by the Ocean Vanguard (mid-water semisub) to test the presence of quality Jurassic reservoir and the quality of fractured and weathered basement rock. Additionally, the well will serve to delineate the northeast extension of the Johan Sverdrup discovery. The rig is expected to be on location for 40 days while drilling to the proposed total depth of 6,463 feet.

Project Details: Johan Sverdrup

Australia

Gas Discovery Confirmed at Bianchi-1

Jul 11, 2013 – A wireline logging program being carried out in Apache’s Bianchi-1 well off Western Australia was interrupted to conduct unspecified repairs to the Ocean America (DW semisub). Enough data was acquired prior to the shut-down, confirming a gas discovery in the upper sands of an interval that LWD data indicated to be gas-bearing. The Bianchi joint venture has agreed to drill an additional 100 feet to a total depth (TD) of 17,789 feet. Upon reaching TD, the wireline program will recommence to complete the evaluation of the well.

Project Details: Bianchi

Pryderi Partners Granted Permit Extension

Jul 11, 2013 – IPB Petroleum and CalEnergy were granted a 12-month suspension and extension to years 2 and 3 regarding the work program for permit WA-424-P off Western Australia. A tight rig market prompted the joint venture partners to seek the extension in order to have more time to source a suitable rig to drill an exploration well on the Pryderi prospect. The extra time also allows for the submission of needed revisions to the Pryderi Environmental Plan and Oil Spill Contingency Plan. Submission of the revisions is expected to take place mid-July 2013. Assuming the revisions are accepted and all regulatory approvals are granted, IPB expects to be ready to spud Pyderi-1 in 4Q 2013.

Project Details: Pryderi

Worldwide Field Development News Oct 13 – Oct 19, 2012

This week the SubseaIQ team added 0 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 develoment news and activities are listed below for your convenience.

S. America – Brazil

Petrobras Confirms Oil at Carioca Norte

Oct 18, 2012 – Petrobras confirmed the presence of light oil in appraisal well 3-BRSA-1101-SPS, informally known as Carioca Norte, in block BM-S-9 offshore Brazil. Schahin’s Vitoria 10000 drillship drilled the well to a total depth of 18,293 feet. Results from the well are similar to three others drilled in the Carioca area. The partners in the block will now proceed with their appraisal plan which has been approved by Brazil’s ANP.

Project Details: Carioca

Australia

Shell Cuts Steel on Prelude FLNG

Oct 18, 2012 – Shell and its partners announced steel cutting for what will be the world’s first floating liquid natural gas facility. When complete, the Prelude FLNG vessel will be 1,600 feet long and 242 feet wide and will be the largest offshore floating facility ever built. Prelude will be deployed approximately 120 miles off the Australian coast in block WA-44-L serving the Prelude and Concerto fields. FLNG technology will eventually make it economical to develop gas fields that are currently considered too far from shore or to remote to produce. The facility is expected to receive first gas some time in 2017. At peak production the facility will deliver 3.6 million tons of LNG and 400,000 tons of LPG per year.

Project Details: Prelude

Testing Underway at Boreas-1

Oct 17, 2012 – Karoon Gas announced the Transocean Legend (mid-water semisub) has commenced testing of the Boreas-1 exploration well. Upon bringing in the well, a stabilized flow rate of 30.2 Mmscf/d was achieved through a 40/64 choke. The company notes that flow rates were limited by the surface equipment being used. Flow is being assessed from a 229-foot perforated reservoir section in the primary Plover formation at a depth of 16,089 feet. Testing should last five days with the goal of determining the overall deliverability of the primary reservoir which if a part of the Geater Poseidon structure. The next two wells in the drilling program, Zephyros-1 and Proteus-1, are designed to test the east and west flanks of Greater Poseidon Trend.

Project Details: Boreas

Africa – West

FMC Wins Pazflor Subsea Contract

Oct 19, 2012 – FMC Technologies has been awarded a $33 million equipment contract to supply three additional subsea well systems to Total for its Pazflor project offshore Angola. FMC supplied the initial deepwater production systems that have now been in operation for just over a year. Three of the four Pazflor reservoirs contain very heavy, viscous oil and relatively low reservoir pressures. Subsea separation and pumping is the key enabling technology making production of the heavy oil possible.

Project Details: Pazflor

Aker Books Deep Water Angola Work

Oct 17, 2012 – Eni, operator of block 15/06 offshore Angola, awarded a $50 million-contract to Aker Solutions to participate in the West Hub development project. Aker’s work scope will include engineering, procurement, fabrication and supply of 21 miles of static and dynamic steel tube umbilicals, as well as the associated equipment and peripherals. Delivery is booked for 1Q 2014. Once active, West Hub will draw from the Sangos, Ngoma and Cinguvu fields.

Project Details: West Hub

S. America – Other & Carib.

Rockhopper Premier Finalize Farm-Out

Oct 19, 2012 – Rockhopper announced the completion of the Premier Oil farm-out agreement. Rockhopper will receive a $231 million cash payment and Premier will obtain a 60% interest and operatorship of Rockhoppers licenses off the Falkland Islands. The cash payment will see Rockhopper’s share of Sea Lion fully funded through first oil which is expected 3Q 2017. Both companies are fully aligned on the project and expect to have a development concept by mid 2013. The partners are also discussing other Falklands area exploration prospects and a 2014 drilling campaign.

Project Details: Sea Lion

Europe – North Sea

Fram H to Get 4-Slot Template

Oct 19, 2012 – Statoil and its partners have approved the installation of a 4-slot standard template at Fram H North in the Norwegian North Sea. The template is to be tied-back via flexible pipeline to Fram West which supplies production to the Troll C platform. Installation of subsea equipment, pipelines and control cables is planned for summer 2013. The project will help maintain high flowline temperatures to avoid the use of scale wax inhibitors between Fram and Troll C. Estimates indicate Fram H contains recoverable resources of 10 Mmbeo.

Project Details: Troll Area

OMV Buys Stake in Edvard Grieg

Oct 17, 2012 – RWE Dea has elected to sell its 20% stake in the Edvard Grieg development offshore Norway to OMV for $325.2 million. A contingent payment of almost $46 million is available based on the achievement of certain operational milestones. This acquisition gives OMV access to 2P reserves in excess of 38 Mmboe and net production up to 19,000 boepd in 2016 once the field is brought on stream. The Plan of Development and Operations has already been approved by the Norwegian Parliament and all major contracts for drilling and platform construction have been awarded. OMV will share partnership with Lundin (operator 50%) and Wintershall (30%). The agreement is subject to approval by the Norwegian Ministry of Petroleum and Energy and by the Norwegian Ministry of Finance.

Project Details: Edvard Grieg (Luno, Ivar Aasen) Project

Maintenance Delay at Buzzard

Oct 16, 2012 – A scheduled maintenance shutdown of the Nexen-operated Buzzard platform in the UK North Sea has lasted longer than predicted. Nexen’s original plan was to bring the platform back online mid-October but startup will have to wait another week. The delay has resulted in one cargo being dropped from the November Forties loading program. Forties is the main component of the global benchmark Brent which is used to price most of the world’s oil. Buzzard is the largest Forties producing field and issues there tend to provide strong support to Brent oil futures.

Project Details: Buzzard

Eni To Begin Drilling At Goliat

Oct 16, 2012 – Drilling at the Eni-operated Goliat field will begin near the end of October by the Scarabeo 8 (UDW semisub). Appraisal well 7122/7-6 is expected to take 50 days to drill. A 3 ?? year development drilling phase, consisting of 22 wells drilled from 8 subsea templates, will begin upon completion of the appraisal well. The templates will eventually be tied to a circular floating production facility with an integrated loading and storage system. Total development cost of Goliat is estimated at $5.2 billion. After start-up, production is expected to plateau at 100,000 barrels per day.

Project Details: Goliat

Drilling Underway at Spaniards East

Oct 15, 2012 – Drilling operations at the Premier Oil-operated Spaniards East prospect are underway in the UK North Sea. Awilco Drilling’s WilPhoenix (mid-water semisub) is expected to be on location for roughly 40 days. The Spaniards discovery was made in 1989 and flowed 2,660 barrels per day. Spaniards East will test the down-dip potential ?? mile to the east of the discovery well. Successful results from this well could cause the partners in the license to accelerate appraisal plans for the area.

Geite Comes Up Dry

Oct 15, 2012 – Det norske and its partners announced disappointing results at the Geite prospect offshore Norway. Well 7/11-13 encountered Triassic sandstones as planned but were proved to be void of hydrocarbons. The well will now be plugged and abandoned as a dry hole.

Project Details: Geite

Asia – SouthEast

EOC Bags FPSO Upgrade Project

Oct 18, 2012 – Premier Oil awarded a $15 million contract to EOC Limited in relation to the upgrade of FPSO Lewek EMAS. Under the contract, EOC will provide project management, engineering and procurement services for modifications that are necessary to accommodate a subsea tie-back that will link the vessel to the nearby Dua oil field in Block 12E offshore Vietnam. The Lewek EMAS is currently in operation in the Premier-operated Chim Sao field. Once the project is completed in late 2013, the FPSO will produce both fields. All modifications will be made in the field without taking the vessel offline.

Project Details: Chim Sao

Other

Tullow Farms Into Greenland Block

Oct 15, 2012 – Greenland’s Government approved an agreement between Maersk Oil and Tullow in which Tullow will take a non-operated 40% interest in Block 9 located off the nation’s western coast. Maersk Oil will maintain operatorship of the block with 47.5% interest and state oil company Nunaoil will hold the remaining 12.5%. Block 9 is also referred to as the Tooq license and covers an area of 7,333 square miles. Decision to drill an exploration well will be made once 3D seismic is acquired and processed, which will last through 2014.

Worldwide Field Development News Sep 14 – Sep 20, 2012

This week the SubseaIQ team added 4 new projects and updated 25 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.

N. America – US Alaska

Another Setback for Shell in the Arctic

Sep 17, 2012 – After battling through federal regulatory issues and environmental lawsuits, Shell’s Chukchi Sea exploration drilling program has gotten off to a rocky start. Soon after spudding the first well, the Noble Discoverer (mid-water drillship) was forced to move off location for a short time due to an encroaching ice floe. The latest setback occurred when the containment dome – used to contain uncontrolled oil flowing from a subsea wellhead – was damaged during testing. Without an operational containment dome, the company will not be able drill into oil-bearing zones. However, Shell will still be able to drill the shallow top-hole sections of several exploration wells before the short drilling season comes to an end.

Project Details: Burger, SW Shoebill, Cracker Jack

Europe – North Sea

Xcite is Excited about Bentley Pre-Production Test

Sep 20, 2012 – Xcite Energy has successfully concluded the pre-production well test in the Bentley Phase 1A work program. The test was built around two horizontal well sections (9/3b-7 and 9/3b-7Z) that represented an excess of 4,200 feet of net reservoir. Approximately 147,000 barrels of Bentley crude were produced. Results confirmed the existence of a large aquifer that should provide long term pressure support during production. Even with the aquifer in place, the oil-water ratio was far better than expected and provides important information for modeling long term oil recovery from the field. Both well bores will be suspended and kept available for use in the next phase of development. Drilling and testing were carried out by the Rowan Norway (400′ ILC). Once the test equipment on the rig has been decommissioned the rig be demobilized from the field and released back to Rowan.

Project Details: Bentley

Draupne Gets a New Name

Sep 19, 2012 – The Norwegian Ministry of Petroleum and Energy introduced a policy of naming fields and discoveries after prominent individuals or events of national significance. The re-naming policy is an effort to parallel the importance of Norway’s offshore energy reserves with the contributions of people and events that shaped the nation. In this instance, the Draupne field is now the Ivar Aasen field. Aasen was a poet and linguist in the 1800s. He is credited with developing the Nynorsk (New Norwegian) language which aided in the modernization of the country.

Project Details: Edvard Grieg (Luno, Ivar Aasen) Project

Premier Awards Contract to ADIL

Sep 19, 2012 – Premier Oil awarded a contract worth $24.3 million to Aberdeen-based energy consulting firm ADIL to provide people and systems for the execution phase of the Solan field in the UK North Sea. ADIL spent the previous two years providing similar services to the field’s former operator, Chrysaor, during the development phase. The contract will conclude once the field is brought into production, currently scheduled for 4Q 2014. ADIL personnel will oversee construction of the jacket and topsides as well as a 300,000 barrel subsea storage tank. Once brought online, Solan is expected to produce 40 million barrels of oil at an initial rate of 24,000 barrels per day.

Project Details: Solan

JX Nippon Farms Into UK North Sea Block

Sep 18, 2012 – Serica Energy announced a farm-out agreement has been reached with JX Nippon for UK North Sea Block 22/19c. At present, Serica holds a 100% interest in the block. Once the UK government signs off on the transaction, JX Nippon will be the operating partner with an 85% stake. As part of the agreement, JX Nippon will pay $250,000 to Serica and bear all future costs associated with the license.

Project Details: Oates

Ithaca Announces Athena Intervention

Sep 17, 2012 – Ithaca Energy announced that a hydraulic intervention to correct a production tubing blockage in well P1 has been performed with minor success. Gross production from the well is now between 700 and 800 bopd. P1, drilled in 2006, is the original appraisal well and was completed as a development well in 2011. A workover was contemplated by the Athena partners but it was determined that more value would be gained from producing the well in its current condition. The company did indicate that future attempts to further clear the blockage using facilities on the FPSO may be undertaken.

Project Details: Athena

EnQuest Formally Takes Over as Kraken Operator

Sep 14, 2012 – EnQuest will formally become operator of Blocks 9/2b and 9/2c with the completion of its acquisition of an additional 15 percent from First Oil. EnQuest’s total stake in Kraken is now 60 percent.

Project Details: Kraken

Wintershall Receives Noor Permit Approval

Sep 14, 2012 – The Norwegian Petroleum Directorate has approved Wintershall’s permit to drill exploration well 16/1-16 using the Bredford Dolphin (mid-water semisub). The well is located in 370 feet of water in PL457.

Project Details: Noor

Australia

Another Discovery at Gorgon

Sep 19, 2012 – Chevron continues a successful run in the Greater Gorgon area offshore Western Australia with the announcement of positive results from the Satyr-2 exploration well. The company has confirmed that the well intercepted a net gas column of 128 feet. Satyr-2 was drilled to a depth of 12,454 feet by the Atwood Eagle (DW semisub) in permit WA-374-P. This marks Chevron’s fifteenth discovery in Australia since mid-2009. Chevron’s Gorgon natural gas project is the largest of almost a dozen terminals planned or under construction along the country’s coast.

Project Details: Greater Gorgon

Technip Wins Another Contract for Ichthys

Sep 18, 2012 – INPEX awarded a contract worth $273 million to Technip for work related to the Ichthys LNG Project in the Browse Basin, Western Australia. Starting immediately, Technip will provide services concerning the preparation and execution of offshore commissioning of the FPSO and central processing facility. Completion of the contract is expected in 4Q 2016 when first gas is scheduled to be delivered. This is the third Ichthys contract awarded to Technip this year. The other two include agreements for engineering and procurement services and for the supply of flexible piping.

Project Details: Ichthys

S. America – Other & Carib.

FOGL Announces Loligo Gas Discovery

Sep 17, 2012 – Falkland Oil and Gas confirmed that their Loligo exploration well is a gas discovery. Drilling operations were carried out by the Leiv Eiriksson (UDW semisub). The well was drilled to a measured depth of 13,264 feet and intersected six-gas bearing Tertiary aged targets. Information obtained from the well will be used with existing seismic data to gain a better understanding of reservoir potential and distribution. The well will be plugged and abandoned but it is important to note that Loligo has proven a working hydrocarbon system in the northern part of the East Falkland Basin.

Project Details: Loligo

Africa – West

Eni Successful With Latest Sankofa Well

Sep 20, 2012 – Eni reports promising test results from the Sankofa East-1X well drilled off Ghana in the Offshore Cape Three Points block. The well was drilled to a total depth of 11,975 feet in 2,706 feet of water by the Transocean Marianas (DW semisub). Testing revealed 91 feet of gas and condensate pay as well as a gross oil column of 249 feet in Cretaceous sandstones. A production test of the oil-bearing zone delivered roughly 5,000 bopd; however, flow rates were constrained by surface infrastructure limitations. It is possible that the well will be suspended for future use in development operations. Eni plans to immediately drill other wells in the area to determine the size of the discovery and further evaluate the potential for commercial development.

Project Details: Sankofa

Bowleven Updates Etinde

Sep 19, 2012 – Bowleven’s latest Etinde appraisal and development well offshore Cameroon is now underway. The IM-5 well is being drilled by the Atwood Aurora (350′ ILC) in block MLHP-7. The primary objective of the operation is to establish reservoir and fluid properties in the Middle Isongo sands. An extensive logging, testing and coring suite will be performed as well. The well has been designed in a manner that will allow for use as a future producer. A second well will be drilled on the permit, the location of which will be determined by results of the IM-5.

Project Details: Etinde

Ophir Continues EG Success

Sep 17, 2012 – Ophir Energy wrapped up a successful 2012 drilling campaign with a gas discovery in the Fortuna West-1 exploration well on Block R offshore Equatorial Guinea. The well was drilled to a measured depth of 10,426 feet by the Eirik Raude (UDW semisub). Gas was encountered in the primary and secondary targets. The Felix Prospect was also intercepted and testing indicated promising results for future appraisal. Fortuna West-1 is the last of three wells in the company’s 2012 Block R drilling program. Combined results of these wells have increased estimates of in-place contingent resources from 116 MMboe to 500 MMboe.

Asia – SouthEast

Clough Wins Manora Platform Work

Sep 14, 2012 – The Pearl Energy-led joint venture has awarded Clough and TL Offshore the platform procurement construction installation and commissioning contract. Clough will be responsible for the procurement, construction and commissioning portion of the work while TL Offshore will be responsible for offshore transporation and installation. Work is expected to commence in September 2012. Completion is anticipated in early 2014.

Project Details: Manora

Tanker Pacific Wins FSO Conversion Contract

Sep 14, 2012 – The Pearl Energy-led joint venture has awarded Tanker Pacific Offshore Terminals the contract to carry out the conversion of the FSO to be used on the Manora field with work taking place in Singapore. Installation of the FSO is scheduled or early 2014.

Project Details: Manora

Worldwide Field Development News Aug 17 – Aug 23, 2012

This week the SubseaIQ team added 1 new projects and updated 14 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.

Asia – Caspian

Seismic Survey Completed on RWE Dea’s Block 23 Offshore Turkmenistan

Aug 20, 2012 – RWE Dea has completed its 3D seismic survey offshore Turkmenistan in under four months. Approximately 154 square miles (400 square kilometers) was acquired in RWE Dea’s Block 23, which was awarded as part of a production sharing contract (PSC) in 2009.
According to RWE Dea, it will take several months for geologists and geophysicists to interpret the processed data collected from the Miocene and Pilocene rock strata at depths of 9,842 to 21,325 feet (3,000 to 6,500 meters). This 3D seismic survey transitioned from onshore to shallow water and was the first of its kind conducted on the coast of Turkmenistan. An additional 2D program was included in the seismic measurements in order to further assess the exploration potential of the area.

Asia – SouthEast

Majority Interest in Philippines Block SC56 Acquired by Total

Aug 23, 2012 – Total E&P Philippines B.V. announced it has agreed to a farm-out with Mitra Energy to take 75% interest in offshore Block SC56. The block is located in the Sulu Sea, covers a total area of 1,660 square miles (4,300 square kilometers) and has water depths ranging from 656 to 984 feet (200 to 3,000 meters). Mitra retains 25% interest in SC56.
A new exploration phase begins September 2012 with Mitra operating the re-processing of existing data and the acquisition of an additional 193 square miles (500 square kilometers) of 3D seismic. Operatorship will transfer to Total for drilling operations. Approval of this agreement by the authorities of the Republic of Philippines is pending.

Premier Upgrades Anoa Facility

Aug 23, 2012 – Premier Oil reported that the Anoa facility has been undergoing a series of upgrades via engineering projects collectively known as Phase 4. The first phase commenced began in July with pre-fabricated compression models being installed on the platform. The second phase of construction will continue during Summer 2013. The overall project will be completed during the second half of 2013 and will result in the development of around 200 billion cubic feet of undeveloped proven reserves on Natuna Sea Block A and increase the Anoa facility’s capacity to 200 BBtud.

Bualuang Bravo Platform to be Installed mid-October

Aug 23, 2012 – Construction on the Bualuang Bravo Platform is scheduled to be finished by the end of August and approvals have been received for the environmental impact assessment. The K1 HLV will begin load-out and installation of the platform by mid-October and by the end of October the platform will be ready for development drilling activities.

Project Details: Bualuang

Premier Reaches TD on Chim Sao NW Appraisal Well

Aug 17, 2012 – Premier Oil reported that the Chim Sao North West appraisal well, CS-3X, has reached a total depth of 13,894 feet (4,235 meters). The well has been plugged and abandoned after encountering oil shows in the Middle Dua sands. The appraisal well was drilled to determine whether the Chim Sao North West discovery extended into a separate fault segment to the north. The well targeted the Upper and Middle Dua sands. While 443 feet (135 meters) of sandstone reservoir were penetrated in the Upper Dua interval there was no indication of hydrocarbons. In the Middle Dua interval 541 feet (165 meters) of sands were drilled, but only oil shows were encountered. The CS-N17XP well, which was completed immediately prior to the appraisal well, was drilled to produce from the North West extension to the Chim Sao Field. That well was brought on-stream earlier this month with initial extended production test rates averaging 4,000 barrels of oil per day from four Upper Dua reservoirs.

Project Details: Chim Sao

Europe – North Sea

DECC Approves Fionn Field Development Plan

Aug 23, 2012 – UK’s Department of Energy and Climate Change has approved the Field Development Plan for the Fionn Field. Previously drilled and suspended, 211/22a-6, will be completed with dual electrical submersible pumps. First oil is anticipated in mid-2013 at an initial rate of 4,500 bopd. The well, which was originally drilled in 2007, tested oil from the Ness and Etive formations at a combined flow rate of approximately 5,500 bopd. Production from Fionn will be combined with production from Causeway and transported for processing to the Cormorant North platform.

Project Details: Causeway

Statoil Aims to Improve Recovery at Gullfaks South

Aug 23, 2012 – Statoil, along with its partner Petoro, has announced plans for further development of the Gullfaks South field located on the Norwegian continental shelf. Production in the field has fallen sharply in recent years. With a planned investment of $1.4 billion, Statoil will apply its “fast-track” concept which will make use of existing infrastructure as well as two new subsea structures and six additional development wells. The partners believe that their investment will allow recovery in the field to be increased by 65 million barrels of oil equivalent.

Project Details: Greater Gullfaks Area

Total to Spin Bit at Spinnaker

Aug 23, 2012 – Upon completion of operations at Tomintoul, Total will move the West Phoenix (UDW semisub) to its Spinnaker prospect. Spinnaker is located West of Shetlands on Block 206/04a.

Project Details: Spinnaker

Total to Spin Bit at Spinnaker

Aug 21, 2012 – Upon completion of operations at Tomintoul, Total will move the West Phoenix (UDW semisub) to its Spinnaker prospect. Spinnaker is located West of Shetlands on Block 206/04a.

Project Details: Spinnaker

Statoil Encounters Oil in Geitungen Prospect

Aug 17, 2012 – Statoil has made an oil discovery at the Geitungen prospect, reported Det norske, a partner in Production License 265. Oil was encountered and a core sample was recovered. Drilling operations are ongoing and the final results from the well are not yet available, Det norske said in a statement. The Ocean Vanguard (mid-water semisub) is drilling exploratory well 16/2-12 to a total depth of 6,759 feet (2,060 meters) to prove the presence of oil-bearing Jurassic sandstones similar to the Johan Sverdrup discovery. Statoil operates the field with a 40 percent stake; while Lundin holds 10 percent; Petoro holds 30 percent; and Det norske holds the remaining 20 percent.

Project Details: Geitungen

Duart Field Remains Shut-In

Aug 17, 2012 – Talisman Energy stated that the Duart field, which was shut-in on July 26 due to a process shutdown on the host Tartan platform, remains shut-in to date. During the shut-in period, additional technical issues have come to light which are preventing the restart of gas processing on the Tartan platform. The gas process is required to support Duart production. The operator will continue to close the field until these problems are resolved. Talisman indicates that the earliest restart date is December 2012.

Project Details: The Greater Tartan Area

S. America – Other & Carib.

Results Are In for Darwin Fluid Sample Analysis

Aug 23, 2012 – Borders & Southern received positive results from the fluid analysis performed on samples from Well 61/17-1 located offshore the Falkland Islands. The initial condensate yield from the Darwin gas samples, as measured in a laboratory separator test, varies from 123 to 140 stb/MMscf. The API gravity of the condensate is 46 to 49 degrees. Based on the condensate yield and ongoing reservoir modeling, the Company estimates the recoverable volume of condensate to be 130 to 250 million barrels with a mid-case of 190 million barrels. The company will now move forward with the acquisition of additional 3D seismic data in 2013 and explore the best way to fund an exploration and appraisal campaign.

Project Details: Darwin East

Africa – West

Ophir Energy Successfully Appraises Fortuna Discovery

Aug 23, 2012 – Ophir Energy has successfully drilled the Fortuna East-1 appraisal well in Block R offshore Equatorial Guinea. Fortuna East-1 is located approximately 4 miles (7 kilometers) east southeast of Fortuna-1. The well encountered natural gas in the eastern lobe of the Fortuna Complex as well as in a deeper exploration target Viscata. The recoverable mean resource from the eastern lobe is now estimated at 426 Bcf. A 180-foot (55-meter) gas bearing column containing a total of 131 feet (40 meters) of net pay in the primary target Late Miocene sands of the eastern lobe of the Fortuna Complex was encountered. Pressure measurements indicate communication between Fortuna-1 and Fortuna East-1.

Australia

Browse LNG Project Loses Chevron in Swap with Shell

Aug 20, 2012 – Interests in two major natural gas projects in Australia have changed hands between Royal Dutch Shell and Chevron Corporation. Shell has agreed to swap its interest 33.3-percent interest in two gas fields associated with its Wheatstone project located in Western Australia and pay $450 million in cash to Chevron. In return, Shell will receive a combined interest of 36.7-percent interest in the Browse LNG project.
Shell will now hold a 35-percent ownership in West Browse and 25-percent in East Browse. International Director for Shell Upstream, Andy Brown believes this deal with simplify the ownership of the Browse gas fields.

Project Details: Browse LNG

ConocoPhillips, Karoon Gas Resume Drilling Boreas-1 After Solving Rig Woes

Aug 17, 2012 – Karoon Gas has completed repair work on a blowout preventer after more than two months, and the contracted semisub rig, Transocean Legend (mid-water semisub), can resume drilling in the Greater Poseidon area in the Browse Basin offshore Western Australia. The operator is planning to drill at the Boreas-1 well, the first of a minimum five exploration wells the consortium will drill in the Greater Poseidon area, will begin on Aug. 17. All of the five exploration wells will be drilled by the Transocean Legend, and lie in the WA-314-P, WA-315-P and WA-398-P Browse Basin permits containing the previously announced Poseidon and Kronos gas discoveries. Karoon Gas holds a 40 percent stake in WA-315-P and WA-398-P, and a 90 percent stake in WA-314-P. ConocoPhillips holds the remaining stakes in the three permits.

Project Details: Boreas

Recap: Worldwide Field Development News Jul 6 – Jul 12, 2012

This week the SubseaIQ team added 1 new projects and updated 20 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.

N. America – US GOM

Noble Decides Not to Appraise Deep Blue

Jul 11, 2012 – Noble Energy reported that appraisal drilling will not occur at its Deep Blue prospect at this time. Although hydrocarbons were found in both the initial exploration well and subsequent sidetrack, the company and its partners have decided not to proceed with additional appraisal activities right now. The Deep Blue well was originally spud late 2009 and sidetrack operations were underway when the moratorium was announced. Noble Energy was required to suspend operations and the rig working at that time was released. After the moratorium was lifted, another rig was certified under new regulatory requirements to finish the sidetrack.

Project Details: Deep Blue

Expro to Provide Subsea Trees for Who Dat Development

Jul 10, 2012 – LLOG granted Expro a contract for the Who Dat development in the Gulf of Mexico. The company will provide subsea test trees for the project on Mississippi Canyon Block 547.

Project Details: Who Dat

ATP Announces Completion of MC 941 A-2 Telemark Well

Jul 9, 2012 – ATP has completed a workover at its Mississippi Canyon Block 941 A-2 well located in the Mirage field at the Telemark Hub. The well was completed with 3-1/2 inch tubing at a measured depth of 17,140 to 17,401 feet (5,224 to 5,304 meters) to add the Miocene B sand completion to the wellbore for field development optimization. Initial test flow rates are at 4,000 barrels equivalent per day (boepd) of which 90 percent is oil. The A-2 well will be tied-back to the facility and is expected to produce at a rate of 4,000 to 5,000 boepd. The MC 941 A-2 well produces through the ATP Titan floating drilling and production platform.

Project Details: Telemark

S. America – Other & Carib.

Premier Farms Into Falkland Licenses

Jul 12, 2012 – Premier Oil has agreed to pay an initial $231 million to farm into Rockhopper Exploration‘s license interests in the Falkland Islands in the South Atlantic. Premier Oil will acquire a 60 percent interest in the licenses, with the deal including a provision for Premier to pay an additional $48 million for further exploration within the license areas and an additional $722 million to develop reserves found there (subject to the approval of a field development plan).

Project Details: Sea Lion

Europe – North Sea

Technip Inks Aasta Hansteen Platform Deal

Jul 12, 2012 – Statoil awarded Technip a letter of intent to construct a hull of a spar platform on the Aasta Hansteen field. The platform will be the world’s largest Spar platform and the first of its kind on the Norwegian continental shelf. Total recoverable reserves for Aasta Hansteen, previously called Luva, are preliminary estimated at about 47 Bcm of gas and .8 Bcm of condensate. The platform, the first spar with storage capacity, will have the capability to store about 25,000 square cubic meters of condensate and export gas via the Norwegian Sea Gas infrastructure. The supplier will also design and prepare specifications for steel rigid risers and a complete mooring system. Part of the work will begin in the middle of August, with completion of deliveries set for mid-December 2015. This letter of intent will contribute to securing the overall progress plan for Aasta Hansteen. The investment decision is expected in late 2012/early 2013, with production start-up at the end of 2016.

Project Details: Aasta Hansteen (Luva)

Bentley Pre-Production Flow Test Performs Well

Jul 12, 2012 – Xcite Energy reported that pre-production flow test on the Bentley field is progressing well with the planned shut-in period and pressure build-up test commencing on July 11 following the initial, successful, clean-up and first oil flow on July 9. This planned shut-in period and pressure build- up test is designed to obtain key information about the Bentley reservoir and the mobility of its fluid for use in interpreting the subsequent flow data and for planning the next step of the Bentley field development.

Project Details: Bentley

Talisman Evacuates Personnel from Yme Platform

Jul 11, 2012 – Talisman Energy has evacuated construction personnel from the Yme oil platform in the Norwegian sector of the North Sea after structural issues were discovered. The operator removed 140 workers from the Yme platform late Tuesday after finding weaknesses in the platform’s supporting structure. Dow Jones reported that in May the company took a $250 million write down on the project and delayed production for an unspecified amount of time. It also said the standards to which the platform had been built had fallen behind Norwegian standards. Oil production was scheduled to start next year.

Project Details: Yme

Ithaca Spins Bit at Hurricane Appraisal

Jul 10, 2012 – Ithaca Energy has commenced exploratory drilling on the Hurricane appraisal well in Block 29/10b, which lies within the Greater Stella area in the UK sector of the North Sea. The well is being drilled by the WilHunter (mid-water semisub). Drilling should take between 75 to 85 days to complete, including the performance of a drill stem test. The Hurricane discovery well, 29/10-4z, was drilled by Shell in 1995. The well encountered 41 degrees API light oil in Eocene Rogaland sands in the western lobe of the structure. The appraisal well will be drilled to the base of the Tertiary section in the eastern lobe of the mapped structure and is designed to satisfy three primary objectives: to confirm the nature and volume of recoverable hydrocarbons; calibrate the hydrocarbon contact with seismic amplitude; and verify the distribution, quality and connectivity of the reservoir. Upon successful completion of the appraisal well objectives, the wellbore will be suspended for future re-entry and completion as a production well.

Project Details: Stella/Harrier

WGP Completes LoFS on Valhall

Jul 10, 2012 – WGP has completed the 15th Life of Field Seismic (LoFS) survey over the Valhall field in the North Sea for BP. The company acquired the full data set of 2,552 kilometers in six weeks, which included time for mobilization and demobilization. This data will help enhance the life of the Valhall field, stated the company.

Project Details: Valhall

Barryroe Discovery Could be Larger than Anticipated

Jul 9, 2012 – Providence Resources might be sitting on more than one billion barrels of oil in place at its Barryroe discovery, according to a research report issued by oil analysts at London-based Liberum Capital. The research note stated that Liberum estimates Barryroe could contain around one billion barrels of oil in place and more than 160 million barrels of recoverable oil based on technical disclosures concerning the Barryroe well made by Providence. These figures are around three times what investors in Providence are expecting from Barryroe, according to Liberum.

Project Details: Barryroe

Xcite Energy Signs Loan Deal for Bentley Phase 2 Development

Jul 9, 2012 – Xcite Energy has signed a five-year, $155 million loan agreement with a group of lending institutions, secured against oil reserves, which will provide funding for Phase 1B development of its Bentley heavy oil field. The loan facility is subject to certain conditions and the achievement of targets in the Bentley Phase 1A development work program, including the drilling of a well and a flow test.

Project Details: Bentley

PSA Audits Statoil’s Compliance During Module Construction for Gudrun

Jul 6, 2012 – The Petroleum Safety Authority Norway (PSA) conducted an audit of Statoil’s compliance with regulatory requirements during engineering and construction of the wellhead and process modules for the Gudrun facility. The audits were conducted in Asker from May 8-9, 2012 and on the construction site in Thailand from May 14-16, 2012 and focused on electrical systems, instrumentation and technical safety disciplines.
The objective of the audit was to ensure Statoil’s compliance with requirements to establish and implement technical and operational barriers. Special emphasis was placed on how Statoil and its partner Aibel, promotes the understanding of interactions between operator, development project, suppliers and operations preparations. Two nonconformities were identified in relation to the system for electrical power supply and for establishment of barrier performance requirements. Improvements were suggested for flame detection and the command structure in the emergency shutdown system.

Project Details: Sleipner Area

BP Receives Go Ahead for Use of Safe Scandinavia on Valhall

Jul 6, 2012 – BP Norge AS (BP) received approval from Norway’s Petroleum Safety Authority (PSA) to use the Safe Scandinavia facility as a flotel on the Valhall field from July 1, 2012 to January 1, 2013. Aker Verdal’s Safe Scandinavia was built in 1984 and has been contracted for the Valhall field numerous times with the last contract expiring in March 2012. The 583-bed facility received the PSA’s Acknowledgement of Compliance in April 2007.

Project Details: Valhall

Asia – SouthEast

Lundin Begins Malaysian Drilling Campaign

Jul 10, 2012 – Lundin Petroleum has commenced its 2012 Malaysian drilling campaign with the spud of the Tiga Papan 5 well in the SB307 & SB308 Blocks offshore Sabah, East Malaysia. The well will target mid-Miocene aged sands of the Tiga Papan unit previously tested (in 1982) with the original discovery well that flowed at a cumulative rate of 5,631 bopd. A vertical well will test the un-appraised fault block to the east of the original Tiga Papan 1 discovery well. In the event of a discovery, the well will be sidetracked into the same fault block as the original discovery well to test the down dip extension of the pay zones previously encountered. The well will be drilled with the Offshore Courageous (350′ ILC) in a water depth of approximately 164 feet (50 meters) to a depth of 5,482 feet (1,671 meters). The well is the first of the five-well program planned in 2012 by Lundin Malaysia BV.

PTTEP: Oil Production at TGT to Hit 55,000 BPD

Jul 9, 2012 – PTTEP reported that oil production from the offshore Vietnam 16-1 project will hit 55,000 bopd by the fourth quarter of this year due to the successful installation of a second wellhead platform. Oil production at the Te Giac Trang (TGT) field, where the newly installed wellhead is sited, is currently at 41,000 bpd. The TGT field is located off the southern coast of Vietnam, 62 miles (100 kilometers) from Vung Tau province. The project consists of a floating, production, storage, and offloading unit, two wellhead platforms and a subsea pipeline system. The development came online in August 2011.

Project Details: Te Giac Trang (White Rhinoceros)

N. America – US Alaska

BP Shelves Liberty Oil Project Offshore Alaska

Jul 11, 2012 – BP is shelving its Liberty project in Alaska after deciding that the current development plan is not up to the stricter standards the company has enforced, reported Dow Jones. The oil project was anticipated to produce about 40,000 bopd. The company stated it is working with regulators to discuss potential ways to move the project forward.

Project Details: Liberty

Africa – West

Exxon Starts Production from Clochas Mavacola Oil Project

Jul 9, 2012 – ExxonMobil has commenced production at the Kizomba Satellites Phase 1 project offshore Angola, and is expected to produce 100,000 bopd from two large deepwater fields, Mavacola and Clochas. The initial phase of the Kizomba Satellites project ties 18 new wells to production facilities already in use tapping other oil fields in the Block 15 area.

Project Details: Kizomba, Block 15

S. America – Brazil

Total Acquires Xerelete Field

Jul 10, 2012 – Total became operator of the offshore Xerelete concession, located around 155 miles (250 kilometers) off the coast of Rio de Janeiro. The oil field, discovered in 2001, contains relatively heavy oil. A pre-salt prospect has also been identified below the Xerelete structure, which lies around 25 miles (40 kilometers) west of the recently announced Pao de Acucar discovery. Total plans to start drilling activities in 2013. Total and Petrobras each hold a 41.2% interest in the concession, while BP holds the remaining 17.6 %.

Vanco Spuds Sabia

Jul 9, 2012 – Vanco has spud the Sabia well in the BM-S-72 block in the southern Santos Basin offshore Brazil. The well is being drilled by the GSF Arctic I (mid-water semisub). The Sabia well is located offshore approximately 143 miles (230 kilometers) south of the city of Santos in a water depth of approximately 656 feet (200 meters). The well will be vertically drilled with a target depth of 14,718 feet (4,486 meters). The primary reservoir target for this well is post-salt sandstones of the Itajai-Acu formation, expected to be encountered at around 12,139 feet (3,700 meters) below mean sea level. The prospect is also targeting secondary sandstone in the Ilha Bela member of the Jureia formation. Drilling operations should take about two to three months, and after finishing this well the rig will drill the Canario prospect (BM-S-63) and the Jandaia prospect (BM-S-71).

Project Details: Sabia

Mediterranean

Noble Energy to Flow Test Pinnacles Reservoir

Jul 10, 2012 – Noble Energy has completed an extensive test of the Pinnacles 1 well and its production facilities. The operator will now flow test the Pinnacles reservoir, during which the gas composition and gas treatment measures will be tested. Flow tests are expected to begin in the near future and last for several days.

Delek Updates Tanin’s Contingent Resources

Jul 10, 2012 – Delek Group has reported details on the Tanin reservoir, specifically, 81 percent of the high estimate of Tanin’s contingent resources is within the Alon A licenses, and that the rest is within the Alon B and Amit licenses. The low and best estimates are wholly within the Alon A license, stated Netherland Sewell & Associates. NSAI contingent estimates for Tanin are as follows: low estimate of 160 billion cubic feet (Bcf); best estimate of 592 Bcf, and a high estimate of 1,035 Bcf. The prospective estimates are: low estimate of 359 Bcf; best estimate of 471 Bcf, and a high estimate of 607 Bcf. The best estimate for Tanin’s proven and contingent reserves makes it the third largest natural gas discovery after Delek and Noble Energy’s Tamar and Leviathan discoveries of 9.7 trillion cubic feet and 17 trillion cubic feet, respectively.

Project Details: Tanin

Australia

Total Increases Ichthys Stake

Jul 12, 2012 – Total has increased its stake in the Ichthys LNG project to 30 percent through the acquisition of a further 6 percent interest from its partner INPEX. Total commented that the acquisition will not have an impact on any of the LNG offtake agreements that have been arranged.

Project Details: Ichthys

Technip Wins $61M Subsea Contract for Balnaves Field Development

Jul 10, 2012 – Apache Energy awarded Technip a subsea installation contract worth around $61 million for the Balnaves oil field development. The project is situated in a water depth of about 442 feet (135 meters). The contract covers the project management, design, engineering and installation of 4.3 miles (7 kilometers) of flexible flowlines and risers and 1.9 miles (3 kilometers) of umbilicals. It also includes the transportation and installation of the subsea equipment including the manifolds, spools, flying leads, jumpers and a mooring system and riser column. First production from the $438-million development is scheduled in 2014, with gross peak production of approximately 30,000 barrels of oil per day and estimated gross recoverable resource of 17 million barrels of oil and 30 billion cubic feet of gas.

Project Details: Balnaves

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