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

Worldwide Field Development News May 3 – May 9, 2014

This week the SubseaIQ team added 6 new projects and updated 29 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.

Africa – West Cajun Express Drilling FAN-1 and SNE-1 Top Holes Offshore Senegal May 8, 2014 – Top hole drilling at the Cairn-operated FAN-1 well offshore Senegal has been completed and the Cajun Express (UDW semisub) has moved to spud the SNE-1 top hole. Once the top hole is complete, the rig will move back to FAN-1 and drill the well total depth. Both wells are located in the Sangomar Offshore license and are being drilled to test the North Fan and Lupalupa prospects respectively. Cairn operates the license with 40% interest. Its partners include ConocoPhillips (35%), FAR (15%) and Petrosen (10%). Project Details: North Fan CAMAC Ready to Kick-Off Oyo Development Activities May 8, 2014 – CAMAC Energy reports the arrival of the Energy Searcher (mid-water drillship) in Nigerian waters. After taking on personnel, equipment and supplies, the rig will sail to the Oyo field in OML 120 to begin a development drilling program starting with the spud of Oyo-8. Upon the completion and tie-in of Oyo-8, the rig will relocate within the field to re-enter and tie-in Oyo-7. Both wells are expected to be producing at a rate of 14,000 bopd by November. Additionally, the company says the rig could drill one or more high-impact exploration wells in OML 120 and OML 121. Project Details: Oyo N. America – US GOM Apache Divests Lucius, Heidelberg and Other GOM Interests May 8, 2014 – Apache’s U.S. Gulf of Mexico subsidiary elected to sell off its minority interest in the Lucius and Heidelberg developments to a subsidiary of Freeport-McMoRan Copper & Gold Inc. for $1.4 billion. The deal also includes 11 primary term deepwater exploration blocks. Apache combined its deepwater and shelf technical teams in an effort to focus on subsalt and exploration opportunities in water less than 1,000 feet deep. Apache is divesting an 11.7% interest in Lucius and a 12.5% interest in Heidelberg. Its interest in the 11 primary term blocks range from 16.67% to 60%. The transaction is subject to customary closing conditions and is expected to close by June 30. None of Apache’s producing operations are involved in the sale. Project Details: Lucius Maersk Developer Spuds Martin in Mississippi Canyon 718 May 8, 2014 – Exploratory drilling is underway at Statoil’s Martin prospect in the U.S. Gulf of Mexico. Martin is located in 2,916 feet of water in Mississippi Canyon Block 718. Statoil acquired the block for $157.1 million in October 2012 which was the highest bid received during the Central Gulf of Mexico Lease Sale 216/222. The company considers Martin to be one of the top components of its global portfolio; it took only 20 months from acquisition of the acreage to advance the prospect to drillable status. Well #1 is expected to take around 150 days to complete and is the first of 4 possible wells that will be drilled in the area. Statoil, the sole participant in the well, contracted the Maersk Developer (UDW semisub) to carry out drilling operations. Project Details: Martin (GOM) Mediterranean Kosmos Comes Up Dry with First Well Offshore Morocco May 8, 2014 – Kosmos Energy failed to find commercial quantities of hydrocarbons at its FA-1 well in the Foum Assaka license offshore Morocco. FA-1 was drilled by the Maersk Discoverer (UDW semisub) to a total depth of 12,656 feet and is being plugged and abandoned. The well was designed to test the salt diapir play concept, which is one of several in the Agadir Basin. Oil and gas shows were seen in drill cuttings and in sidewall cores which suggests a working petroleum system in the area. Additionally, the well provided key information to calibrate seismic data that will further the geologic understanding of the license. Project Details: FA-1 (Eagle) Tamar Partners Sign LOI with Union Fenosa Gas May 8, 2014 – A non-binding Letter of Intent (LOI) was recently executed between the Tamar field partners and Union Fenosa Gas SA (UFG) regarding the supply of Tamar gas to UFG’s gas liquefaction facilities in Egypt. Terms of the LOI propose a 15-year contract term and total gross sales totaling roughly 440 MMcfd over the period. The LOI follows recent agreements with Palestine Power Generation Company, Arab Potash and Jordan Bromine Companies. A binding agreement with UFG is expected to be reached within the next 6 months pending Israeli and Egyptian regulatory approvals. Tamar has been estimated to hold 10 Tcf of discovered gas resources. Project Details: Tamar Australia AWE Finally Reaches TD at Pateke-4H May 8, 2014 – After several setbacks that necessitated two sidetracks, drilling operations at the AWE-operated Pateke-4H development well have come to an end. Target depth of the well was 17,654 feet but that was eventually revised to 15,656 feet. The decision to adjust the TD was made due to the 2,457-foot horizontal leg being drilled through a very high quality reservoir and to ensure a stable well bore necessary for completion and production. A 6 5/8″ slotted production liner has been installed and preparations are being made to run the completion. Pateke-4H is expected to begin production in 1Q 2015 following the installation of subsea infrastructure and tie-back to the Tui FPSO. Completion operations are expected to take about 10 days after which the Kan Tan IV (mid-water semisub) will relocate within the license to drill the Oi prospect. Project Details: Tui Area Development Project Asia – SouthEast Norshore Wins Top Hole Drilling Contract for Shell’s Malikai Development May 9, 2014 – Norshore, owner of the new Norshore Atlantic multipurpose drilling vessel, was awarded a contract by Shell’s Malaysian subsidiary to provide top hole drilling services at the Malikai field in Block G offshore Malaysia. The vessel was primarily designed for riser-less operations, making it well suited to drill top hole sections for developments such as Malikai. The contract will commence in April 2014 and should keep the vessel working through the end of the year. Shell and its partners discovered the field in 2004 and made the decision to proceed with development in early 2013. The development concept envisions 17 subsea wells tied back to the Malikai Tension Leg Platform (TLP). The Malikai joint venture includes Shell (35%), ConocoPhillips (35%) and Petronas (30%). Startup of the $775 million project is scheduled for late 2015. Project Details: Malikai KrisEnergy Improves Position in the Gulf of Thailand with G6/48 Acquisition May 9, 2014 – Thai regulatory approval was recently granted for a March 2013 farm-out agreement between KrisEnergy and Mubadala Petroleum concerning the G6/48 block in the Gulf of Thailand. KrisEnergy now serves as the block operator with a 30% stake and its partners include Mubadala (30%) and Northern Gulf Petroleum (40%). Although it has been very active in the Gulf of Thailand, G6/48 will be the company’s first operated asset in the region. Contained within the block in the 2009 Rossukon oil discovery, an extensive 3D seismic survey was carried out over Rossukon in August 2013 and an appraisal drilling program is planned for later this year in an effort to delineate the discovery. Project Details: Rossukon Nido Reports Naga 5 Mobilizing to Baragatan May 8, 2014 – The newly constructed UMW Naga 5 (400′ ILC) left the Keppel FELS yard at Singapore and is mobilizing to the Philippines to drill an exploratory well in Service Contract 63 (SC63). The well, expected to spud mid-May, will test the Baragatan prospect for the possibility of 676 million barrels in estimated gross unrisked resources. Project Details: Baragatan Otto Secures 14 Month Extension to SC55 Work Program May 8, 2014 – Otto Energy received approval from the Philippines Department of Energy (DOE) for a 14-month extension to the work program regarding Service Contract 55 (SC55). The extension was granted after a lengthy delay in the approval process by the Palawan Council for Sustainable Development for the SC55 Strategic Environmental Plan and the sudden departure of BHP Billiton from the license. Otto is well into a farm-out process to seek a participant in the Hawkeye-1 exploration well and is hopeful that the process will be completed shortly after the June 2014 deadline. Project Details: Hawkeye Europe – North Sea Drivis Discovery Caps Off Mediocre Johan Castberg Drilling Campaign May 8, 2014 – Statoil recently announced an oil and gas discovery at its Drivis prospect in Norwegian License PL532. Well 7220/7-3S was drilled by the West Hercules (UDW semisub) to a depth of 6,879 feet. A 223-foot gas column was encountered followed by a 282-foot oil column in the Sto and Nordmela formations. Recoverable volumes are estimated to range between 44 and 63 MMboe. Drivis was the last of a 5-well campaign aimed at proving additional resources around the Johan Castberg discovery. Of the 5 wells drilled, only 2 resulted in discoveries. License participants include Statoil (50%), Eni (30%) and Petoro (20%). Project Details: Drivis Lundin Proves Additional Oil Pay at Geitungen May 8, 2014 – Lundin Petroleum recently finished drilling two appraisal wells at its 2012 Geitungen discovery in Norwegian license PL265. Wells 16/2-19 and 16/2-19A were drilled by the Ocean Vanguard (mid-water semisub) in 380 feet of water. Data indicates 20 feet of oil pay was encountered in good quality lower Jurassic and upper Triassic sands in well bore 16/2-19. Well 16/2-19A, drilled as a sidetrack to the southwest, yielded 33 feet of low to medium quality oil-filled upper Jurassic reservoir above 10 feet of excellent quality upper Jurassic sands that are likely part of the Draupne formation. The license is operated by Statoil (40%) on behalf of its partners Petoro (30%), Det norske (20%) and Lundin Petroleum (10%). Project Details: Geitungen

Worldwide Field Development News Mar 15 – Mar 21, 2014

This week the SubseaIQ team added 5 new projects and updated 15 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.

Europe – North Sea OMV Increases Presence in West of Shetlands Mar 21, 2014 – OMV is increasing its interest in the UK North Sea through an agreement to acquire 4 Hess-operated licenses in the West of Shetlands area. For a consideration of $50 million, OMV will gain operatorship of license P1028 and P1189 (the Cambo discovery), P1830 (the Blackrock prospect) and P1831. Future discoveries in the acreage could necessitate an additional payment to Hess of $35 million. With the acquisition of the Cambo field, OMV gains almost 60 MMboe of recoverable resources. Blackrock, scheduled for drilling in 2015, is located between Cambo and the Chevron-operated Rosebank development. The agreement is subject to UK regulatory approval. Project Details: Cambo Australia ConocoPhillips Continues Browse Basin Drilling Program with Poseidon North-1 Mar 21, 2014 – The Transocean Legend (mid-water semisub), under contract to ConocoPhillips, spud the Poseidon North-1 well in permit WA-315-P March 19. Poseidon North is located on the crest of a large tilted fault block with primary targets in the Plover and Montara formations. Poseidon North-1 is a continuation of the current 6-well Browse Basin Phase 2 drilling program with 4 of the 6 wells having already been completed. If successful, the well could greatly add to the resource base of the Greater Poseidon. ConocoPhillips and its partner, Karoon Gas Australia, hold 60% and 40% interest in the permit respectively. Project Details: Poseidon Downhole Issues Force AWE to Sidetrack Pateke-4H Mar 19, 2014 – AWE Limited, operator of New Zealand permit area PMP 38158, reported the mechanical drill string difficulties it experienced last week while drilling Pateke-4H were unable to be resolved. AWE has since abandoned the lower part of the hole and is preparing to sidetrack the well at 11,072 feet. From there, the well will be drilled horizontally through the F10 reservoir to a measured depth of 17,588 feet. The F10 sand was encountered on prognosis in the main well bore and oil shows along with logging data suggest the presence of an oil bearing reservoir. Any commercial significance of the oil shows cannot be determined until the horizontal leg has been completed. If the formation is found to be capable of supporting commercial production rates, the well will be completed and tied-back to the Tui FPSO with first oil in 1Q 2015. Project Details: Tui Area Development Project Asia – SouthEast Shell Strikes Oil While Appraising Limbayong Gas Discovery Mar 19, 2014 – A consortium consisting of Shell (35%), ConocoPhillips (35%) and Petronas (30%) made an oil discovery in Block J offshore Sabah, Malaysia. The discovery was made while drilling an appraisal of the 2002 Limbayong gas discovery. Limbayong-2 encountered 446 feet of oil-bearing sands. Results from the well have encouraged the partners to plan additional appraisal wells to determine the commerciality of the field. The well was drilled by the Ensco 8504 (UDW semisub). Limbayong is located in over 3,000 feet of water near the Shell-operated Gumusut development. Project Details: Limbayong Mediterranean FA-1 Spuds off Morocco Targeting Eagle Prospect Mar 20, 2014 – Fastnet Oil & Gas, a junior partner in the Foum Assaka license, announced the FA-1 well designed to target the Eagle prospect offshore Morocco was spud March 16. License operator Kosmos Energy has allowed up to three months to reach the target depth of 13,123 feet. FA-1 is targeting an estimated 360 MMboe of Pmean resources in its Lower Cretaceous objective. Kosmos contracted the Maersk Discoverer (UDW semisub) to drill the well in almost 2,000 feet of water. Project Details: FA-1 (Eagle) Cairn Announces Heavy Oil at JM-1 Offshore Morocco Mar 19, 2014 – Well JM-1 in the Juby Maritime III license offshore Morocco has been drilled to total depth by the Cajun Express (UDW semisub) and is being plugged and abandoned without testing. Cairn Energy drilled the well to explore the possibility of oil in the Upper and Middle Jurassic intervals of the Cap Juby prospect. A gross heavy oil column of 360 feet was confirmed in the Upper Jurassic section but determination of oil gravity and reservoir quality will need require further evaluation. Cores taken from the well will be compared to cores obtained from other wells drilled on the Cap Juby structure to assess the extent of moveable hydrocarbons. Sidewall cores and logging data covering the Middle Jurassic objective are being evaluated but preliminary results indicate limited primary porosity. Participants in the Juby Maritime III license consist of Cairn (37.5%), Genel Energy (37.5%) and ONHYM (25%). Project Details: Cap Juby Africa – West Nigerian DPR Approves Aje Field Development Plan Mar 21, 2014 – Panoro Energy announced the approval of the Aje Field Development Plan (FDP) by the Nigerian Department of Petroleum Resources (DPR). Aje contains productive sands in three levels consisting of a Turonian gas condensate reservoir, a Cenomanian oil reservoir and an Albian gas condensate reservoir. As submitted, the FDP focuses mainly on the development of the oil-bearing Cenomanian interval and will involve the tieback of two subsea wells to a leased FPSO. Aje-4 will be recompleted for use and a new well will be drilled to the Aje-2 subsurface location. In a 1997 flow test, Aje-2 delivered 3,700 bopd in spite of severely impaired productivity due to drilling operations. The joint venture is expected to make a final investment decision shortly. Aje is located in 3,000 feet of water in OML 113 offshore Nigeria. Interest holders include YFP (25%), Chevron (33.75%), Vitol (24.05%), Panoro (12.19%) and Jacka Resources (5%). Project Details: Aje Ophir: Padouck Deep-1 Proves Working Hycrocarbon System in North Gabon Basin Mar 21, 2014 – Ophir Energy’s exploratory well at its Padouck Deep prospect offshore Gabon has been drilled to a depth of 10,816 feet by the Titanium Explorer (UDW drillship). No evidence of hydrocarbons was observed in the primary objectives but minor shows in shallower intervals have provided proof of a working hydrocarbon system in the North Gabon Basin. Once the well is plugged and abandoned, the rig will mobilize to the Gnondo Block to test the Affanga Deep prospect which has the potential to hold mean recoverable resources of 170 million barrels. If successful, the well will substantially de-risk several surrounding prospects that could lead to a future hub development. Project Details: Padouck Deep Aibel Starts Module Fab for TEN Cluster FPSO Mar 20, 2014 – In February 2014, Aibel Thailand received a procurement and construction contract from MODEC for the fabrication of 7 topsides modules for a new-build FPSO slated for use at Tullow’s TEN Cluster development offshore Ghana. Aibel recently held a steel cutting ceremony at the Deeline fabrication shop in Thailand. The ceremony began with a traditional worship followed by blessings administered to steel, machinery, visitors and staff by Buddhist monks. Once complete, the 9,400-ton package of modules will be shipped to Singapore to be integrated with the FPSO’s hull. Completion of the last module is scheduled for April 2015. Project Details: TEN Cluster Africa – Other Way Too Early Results Indicate Hydrocarbon Discovery at Sunbird-1 Mar 20, 2014 – Total depth was reached at the BG Group-operated Sunbird-1 wildcat offshore Kenya. The well was drilled by the Deepsea Metro 1 (UDW drillship) to a depth of 9,350 feet and a hydrocarbon column was identified in the main objective, a Miocene-aged Pinnacle Reef. Extensive losses in the highly permeable upper section of the structure have hampered efforts to determine the vertical extent of the column using wireline logs. Although samples were recovered from the well, additional analysis will be needed to determine the exact nature of the hydrocarbons as well as any commercial significance of the discovery. BG serves as operator of the L10A license with 50% interest. Its partners consist of PTTEP (31.25%) and Pancontinental Oil and Gas (18.75%). Project Details: Sunbird S. America – Brazil Petrobras Begins Parque das Baleias Production with P-58 FPSO Mar 21, 2014 – Petrobras started production at its Parque das Baleias development in the Campos Basin this week. Currently, only one well is on stream but in the coming months, 14 production wells and 9 injection wells will be connected to the P-58 FPSO that was recently installed in 4,593 feet of water. The P-58 has a designed daily production capacity of 180,000 barrels and 21.2 MMscf of oil and gas. Produced oil is offloaded to shuttle tankers for transport and produced gas flows through a subsea pipeline to the onshore Cacimbas Gas Treatment Unit in Linhares, Espirito Santo. Project Details: Espadarte Asia – Far East CNOOC Makes Deepwater Gas Discovery in South China Sea Mar 21, 2014 – CNOOC recently announced a gas discovery at its deepwater Qiongdongnan Basin acreage in the South China Sea. Lingshui 17-2 was drilled in roughly 4,700 feet of water to test part of a structure known as the Lingshui Sag. The well reached a total depth of 11,515 feet and encountered 180 total feet of gas-bearing reservoir. Project Details: Lingshui 17-2

Worldwide Field Development News Jan 25 – Jan 31, 2014

This week the SubseaIQ team added 4 new projects and updated 22 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

Remedial Operations Complete at Eni’s Guendalina Field

Jan 31, 2014 – Production from the Guendalina field remains down according the 4Q 2013 Operational Update provided by Mediterranean Oil & Gas (MOG). Low manifold pressure necessitated the shut-in of the GUE 3ss well in August 2013. Eni, the field operator, determined that the reservoir was in good condition and that a blockage in the production string was causing the poor performance. Remedial operations were undertaken in December but progress was hampered by poor weather conditions in the Adriatic. Intervention operations were completed Jan. 11, 2014 and the well returned to a low-production rate. The flow rate will improve as the well cleans up. Eni and MOG maintain 80% and 20% stakes respectively.

Project Details: Guendalina

Asia – SouthEast

Roc Oil Submits Bentara Field Development Plan

Jan 31, 2014 – In December 2013, Roc Oil submitted a Field Development Plan (FDP) to Petronas concerning the Bentara field in the Balai Cluster offshore Malaysia. The FDP outlines a two-phase development and approval is being sought for the first phase which involves early production utilizing the existing wells and facilities established during the pre-development phase. The company expects the FDP to be approved during 1Q 2014.

Project Details: Balai Cluster

Salamander Expects Bualuang Restart in February

Jan 31, 2014 – Salamander Energy sees production from the Bualuang field recommencing in early February after it was stopped in November 2013 when bad weather caused the Rubicon Vantage FPSO to drift off location and damage the production riser. Since then, divers have completed a full inspection and replacement riser and spool materials are being moved to location. While progress is being made, poor weather conditions have slowed repair efforts. A development drilling program being carried out by the Atwood Mako (400′ ILC) has not been interrupted by the event and two production wells have been drilled since the shutdown. Salamander’s production forecast for the field remains unchanged and is expected to average between 13,000 and 16,000 boepd.

Project Details: Bualuang

Ocean General Spuds Silver Sillago Prospect off Vietnam

Jan 31, 2014 – Pan Pacific Petroleum was advised by Premier Oil, operator of Block 07/03 offshore Vietnam, that the Ocean General (mid-water semisub) spudded the 07/03-CD-1X wildcat well on Jan. 28, 2014. The well is being drilled in 426 feet of water and is expected to reach the proposed depth of 12,522 feet. The well is designed to test the Miocene clastic reservoirs of the Silver Silago prospect.

Project Details: Ca Duc (Silver Sillago)

KrisEnergy Acquires 60% Interest in Thailand Block G3/48

Jan 31, 2014 – Through an agreement with Mubadala Petroleum, KrisEnergy acquired a 60% operating interest in Block G3/48 in the Gulf of Thailand. The block covers an area of 1,126 square miles with water depths ranging from 65 to 165 feet. Partners in the block include Tap Energy (30%) and Northern Gulf Oil Company (10%). The agreement is subject to the customary regulatory approvals.

Project Details: Pathum

MidEast – Persian Gulf

Technip Wins EPCI Contract for DPE’s Al Jalilah Development

Jan 31, 2014 – Technip was awarded an engineering, procurement, construction and installation (EPCI) contract by Dubai Petroleum Establishment (DPE) concerning the Jalilah B field development project. Work scope includes construction and installation of the Jalilah B platform, the addition of 13 new risers on existing platforms and the installation of 68 miles of 6 to 24-inch pipeline. The project will be executed from Technip’s fast-track center in Dubai and is scheduled for completion in the second half of 2014.

Project Details: Al Jalilah

Europe – North Sea

Lundin Reports Poor Drilling Results at Torvastad

Jan 31, 2014 – Lundin Petroleum is in the process of completing a sidetrack well at its Torvastad prospect in license PL501 near the Johan Sverdrup discovery. Well 16/2-20A is being drilled by the Island Innovator (mid-water semisub) to investigate the potential of an up-flank continuous Jurassic reservoir. Oil shows were seen in the main target but reservoir quality was poor. Lundin operates the license and carries 40% stake. Its partners include Statoil (40%) and Maersk Oil Norway (20%).

Project Details: Torvastad

Parkmead Raises Cash for UK North Sea Ops

Jan 30, 2014 – Through an oversubscribed share placing, Parkmead Group was able to raise $66 million in an effort to bolster some of its activities in the UK North Sea. Parkmead, operator of the Athena field in License P1293, will use a portion of the funds to enhance production from the field. The group plans to carry out a workover of the P4 well. If successful, the operation could increase field production to 9,000 bopd. Locations are also being evaluated for an additional production well that has the potential to add 1,100 bopd to the production stream. Proceeds from the placing will also allow the group to test several prosepcts in its portfolio such as Skerryvore, Possum, Blackadder and Davaar. Well planning is already underway for Skerryvore.

Project Details: Athena

Faroe Finds Oil and Gas at Novus

Jan 30, 2014 – Operator Faroe Petroleum announced an oil and gas discovery at its Novus prospect in license PL645 in the Norwegian Sea. Well 6507/10-2S was drilled by the West Navigator (UDW drillship) to a depth of 9,701 feet. A 39-foot net gas column and 41-foot net oil column were encountered in high quality Garn reservoir. Secondary targets in the Ile and Tilje formations proved to be water wet. Results from pressure and fluid sampling indicate the discovery reservoirs hold between 6 and 15 MMboe. Additionally, the results will be integrated into the existing geologic model of the area to de-risk the remaining prospects and leads in the license.

Project Details: Novus

Asia – Caspian

Oil Production Begins at West Chirag in the Caspian Sea

Jan 31, 2014 – Production activities at the West Chirag platform are underway according to the BP-operated Azerbaijan International Operating Company (AIOC). The platform is part of the Azeri-Chirag-Guneshli (ACG) development in the Azerbaijan sector of the Caspian Sea. On January 28, 2014 oil began flowing from the J05 development well. Production will increase throughout the year as additional wells are brought on line. As a whole, the ACG fields have produced over 2.3 billion barrels and, with future development, is expected to be a viable project for many decades. The West Chirag platform was installed in 557 feet of water and has a designed processing capacity of 183 thousand bopd. Startup of West Chirag is the final phase of the Chirag Oil Project and is expected to greatly enhance the deliverability of the ACG development.

Project Details: Azeri-Chirag-Gunashli

Australia

Gas Shows and LWD Indicators Lead to Grace-1 Logging Program

Jan 31, 2014 – Karoon Gas reports that total depth has been reached at the Grace-1 exploration well in license WA-314-P offshore Western Australia. The well was drilled by the Transocean Legend (mid-water semisub) to a measured depth of 16,630 feet. High gas levels seen while drilling and pressure samples taken from logging while drilling (LWD) equipment Karoon and ConocoPhillips (the operator) to run wireline logs over the zone of interest. Logging and sampling results are expected during the coming weeks.

Project Details: Grace

S. America – Brazil

Shell Trims Interest in Parque das Conchas Development

Jan 31, 2014 – Shell announced its intention to divest 23% of its interest in the Parque das Conchas development to Qatar Petroleum International for approximately $1 billion. Once the agreement is approved by Brazilian regulators, Shell’s operating interest will be reduced to 50%. Parque das Conchas currently produces at a rate of 50,000 boepd since the Ostra and Argonauta B-West fields were brought on-stream in 2009 as part of Phase 1. Phase 2 was completed in October 2013 when oil production commenced at Argonauta O-North. In July 2013, Shell and its partner ONGC (27%) made the final investment decision regarding Phase 3 and will consist of subsea facilities tying the Argonauta O-South and Massa fields to the Espirito Santo FPSO.

Project Details: Parque das Conchas (BC-10)

Worldwide Field Development News Oct 19 – Oct 25, 2013

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.

Africa – West

Lukoil Strikes Oil Offshore Sierra Leone

Oct 24, 2013 – Lukoil completed drilling the Savannah-1X wildcat in the Sl-5-11 license offshore Sierra Leone. The well was drilled on schedule by the Eirik Raude (UDW semisub) to a depth of 14,519 feet. Several oil-bearing reservoirs were confirmed and oil samples were taken from Turonian sands. Drilling data will be evaluated through the end of the year to advance the company’s geological understanding of the area.

Project Details: Savannah

Asia – Far East

CNOOC Announces Additional Bohai Bay Discoveries

Oct 24, 2013 – CNOOC announced an oil discovery at its Luda 5-2 North field in Bohai Bay. The Luda 5-2N-2 and Luda 5-2N-4 wells were each drilled to a depth of 3,740 feet and encountered gross pay zones of 390 and 280 feet respectively. Luda 5-2N-2 tested oil at a rate 1,040 barrels per day. Additionally, the company announced the successful appraisal of the Kenli 9-5/9-6 oil field. The Kenli 9-5-2D and 9-6-2 wells were drilled in the southern part of Bohai Bay. Kenli 9-6-2 flowed at a rate of 200 barrels per day.

S. America – Brazil

Petrobras-led Consortium to Develop Pre-Salt Libra Field

Oct 24, 2013 – A group of companies comprised of Petrobras, Shell, Total, CNPC and CNOOC won a 35-year production sharing contract to develop the Libra pre-salt oil field in the Santos Basin offshore Brazil. Libra is located in block BM-S-11 in 6,500 feet of water and is estimated to hold as much at 12 billion barrels of oil. Additional appraisal will be needed to determine the best development scenario and to confirm production rates that are currently estimated at 1.4 MMbopd. Petrobras will serve as the operator with a 40 percent stake on behalf of its partners Shell (20 percent), Total (20 percent), CNPC (10 percent) and CNOOC (10 percent).

Europe – North Sea

ENI’s Receives Disappointing Results at Bonna

Oct 24, 2013 – Drilling results at Eni’s Bonna prospect in the Barents Sea proved to be disappointing. Well 7016/2-1 was drilled by the Scarabeo 8 (UDW semisub) to a depth of 13,205 feet. The well was drilled to investigate the possibility of gas in the Eocene and Paleocene reservoirs of the Sotbakken Group. No reservoir-quality rocks were encountered and the well has been declared dry.

Project Details: Bonna

Asia – SouthEast

Songa Mercur Spuds Spuds ENI’s Ca Ngu Well

Oct 24, 2013 – Neon Energy announced the spud of the Ca Ngu-1 exploration well in Block 120 offshore Vietnam. The objective of the well is to prove the presence of hydrocarbons in Pliocene clastic and Miocene carbonate reservoirs. Block operator ENI secured the Songa Mercur (mid-water semisub) to drill the well in 885 feet of water to a target depth of around 4,900 feet. If successful, the well could de-risk the nearby Rua Bien and Ca Lang prospects. Block 120 partners consist of ENI (50%), Neon Energy (25%) and KrisEnergy (25%).

Project Details: Ca Ngu

Galoc-6H Flows at Expected Rate

Oct 24, 2013 – Subsea tree installation, well clean-up and flow testing of the Galoc-6H development well have successfully been completed at the Otto Energy-operated Galoc field. Galoc-6H flowed at a stable rate of 3,800 bopd on a 56/64-inch choke with a flowing tubing pressure of ~570 psi. These results were constrained by the testing equipment onboard the Ocean Patriot (mid-water semisub). Once tied into production facilities, Otto expects normal production from the well to reach 4,000 to 6,000 bopd. The 5H and 6H wells were drilled as part of the Phase II development plan which aims to increase field production to 12,000 bopd. Phase II production is scheduled to begin in November 2013.

Project Details: Galoc

S. America – Other & Carib.

Total to Proceed With Vega Pleyade Development

Oct 25, 2013 – French supermajor Total announced its decision to move forward with the development of the Vega Pleyade gas and condensate field offshore Argentina. The field is located in the Cuenca Marina Austral 1 (CMA-1) concession that Total has operated since 1978. Development consists of installing a new production platform in about 160 feet of water. Three production wells will be drilled from the platform and produced gas will flow through 48 miles of subsea pipeline to a treatment plant at Rio Cullen. In a separate initiative, Total will begin a drilling campaign in 2014 aimed at boosting production from the Carina field and providing additional appraisal in CMA-1. Total owns a 37.5 percent stake in the concession. Its partners include Wintershall (37.5 percent) and Pan American Energy (25 percent).

Project Details: Vega Pleyade

Australia

Eni Establishes Additional Resources at Evans Shoal

Oct 25, 2013 – Drilling operations are complete at the Eni-operated Evans Shoal North-1 appraisal well. The well, located in the Timor Sea, was drilled by the Ensco 104 (400′ ILC) to a depth of almost 13,000 feet. Results indicate that the Evans Shoal North-1 reservoir is in communication with the reservoir encountered while drilling Evans Shoal-2. Eni conducted a production test and achieved a constrained rate of 30 MMscfd. The operator estimates the Evans Shoal field to contain at least 8 Tcf of in place gas resources and remains committed to establishing a fast-track development in the area. Eni’s partners in the field include Shell (32.5 percent), Petronas (25 percent) and Osaka Gas (10 percent).

Project Details: Evans Shoal

ExxonMobil Flips the Switch at Tuna and Turrum

Oct 25, 2013 – ExxonMobil announced the start of production from its Kipper Tuna Turrum (KTT) project in the Bass Strait. Gas is now being produced at the Tuna field and oil is flowing from Turrum to the Marlin B production platform. At $4.3 billion, KTT is the largest domestic oil and gas development on Australia’s eastern seaboard. Production startup from the Kipper field is expected to commence in 2016.

Project Details: Kipper Tuna Turrum (KTT)

Worldwide Field Development News Sep 28 – Oct 4, 2013

This week the SubseaIQ team added 6 new projects and updated 26 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.

Europe – North Sea

Lundin Successfully Flows Permian Oil in Barents Sea

Oct 2, 2013 – Lundin Petroleum completed a production test on the Permian carbonate reservoir encountered in the previously announced Gohta discovery. During the test, a maximum flowrate of 4,300 bopd was achieved through a 44/64″ choke with a gas/oil ration of 1,040 standard cubic feet per barrel. Flow properties were stable for over 24 hours with pressure build-up lasting 36 hours. Gohta is the first successful flow test of Permian carbonate reservoirs on the Norwegian shelf. Early estimates of Gohta oil and gas resources indicate the possibility of between 105 and 235 MMboe.

Project Details: Gohta

Dana and Partners Spin the Bit at Pharos

Oct 2, 2013 – Drilling is underway at the Pharos prospect in UK North Sea license P1566. Well 47/5d-6 is being drilled by the Noble Lynda Bossler (250′ ILC) and is targeting an estimated 500 Bcf of natural gas in the Rotliegendes formation. The large prospect covers portions of blocks 47/4d, 47/5d and 47/10c and is thought to contain nearly three times the amount of gas as the 2010 Platypus discovery just over 8 miles away. If successful, it is possible that Pharos and Platypus could be developed as a single project. Partners in the license include Dana Petroleum (35%) as operator, Parkmead (20%), Dyas Exploration (15%), MPX (15%) and Hansa (15%).

Project Details: Pharos

Lundin Continues Johan Sverdrup Appraisal Success

Oct 1, 2013 – Lundin Petroleum’s most recent Johan Sverdrup delineation well encountered an oil column approximately 20 feet thick in excellent quality Upper Jurassic sands in the south western portion of license PL501. Well 16/5-4 was drilled by the Bredford Dolphin (mid-water semisub) to a depth of 6,808 feet. A pressure gauge was installed down hole to monitor pressure development in the reservoir over a period of 2 to 5 years. The rig will now move to the southeastern flank of Johan Sverdrup to drill the 16/3-7 appraisal well.

Project Details: Johan Sverdrup

Island Innovator Spuds Torvastad Wildcat

Oct 1, 2013 – Lundin Petroleum announced the start of exploratory drilling with the spud of well 16/2-20S at the Torvastad prospect just north of the Johan Sverdrup discovery in license PL501. The well is designed to test the northern extension and quality of the Jurassic reservoirs found in Johan Sverdrup. The well will be drilled by the Island Innovator (mid-water semisub) to a depth of 6,807 feet. Lundin, the license operator, expects the rig to be on location for 55 days. Equity holder in PL501 include Lundin (40%), Statoil (40%) and Maersk Oil (20%).

Project Details: Torvastad

Asia – SouthEast

Te Giac Trang Well Test Confirms Robust Resource Base

Oct 3, 2013 – SOCO International announced the results of a production test conducted on the TGT-10XST1 well which was recently drilled at the Te Giac Trang field off Vietnam. The well cut through over 800 feet of pay in Oligocene and Miocene reservoirs. Three zones were evaluated during the test which was carried out over one Oligocene and two Miocene sections. Testing achieved a combined average flowrate of 27,600 boepd. The well is one of the most prolific ever drilled off the coast of Vietnam.

Project Details: Te Giac Trang (White Rhinoceros)

Salamander’s Ayutthaya Well P&A’d as Dry Hole

Oct 1, 2013 – Salamander Energy reached total depth at the Ayutthaya well in Block G4/50 in the Gulf of Thailand. The well was drilled to 7,526 feet and encountered excellent quality reservoirs prognosis. Unfortunately, no signs of hydrocarbons were seen while drilling or on wireline logs. The well has been plugged and abandoned.

Africa – Other

BG Group Conducts Successful Pweza DST

Oct 3, 2013 – BG Group’s Pweza discovery appraisal program continues to be successful. The Deepsea Metro I (UDW drillship) drilled the Pweza-3 well to total depth and conducted a 5-day drill stem test (DST) that delivered a maximum flowrate of 57 MMscfd. The results were constrained by testing equipment which shows that Pweza development wells could be capable of flowing at much higher rates. The rig will now relocate to Block 1 to drill the Mzia-3 appraisal.

Project Details: Pweza

Mediterranean

Delek Group Reports Successful Production Test at Aphrodite-2

Oct 1, 2013 – Noble Energy, operator of Block 12 in the Cyprus Exclusive Economic Zone, carried out a successful production test at the Aphrodite-2 appraisal well. The test was performed onboard the Ensco 5006 (DW semisub) for a duration of 5 days. Delek Group, a junior partner in the well, reported an average flow rate of 32.7 MMscfd with an initial reservoir pressure of 8,961 psi. No appreciable decline in pressure was observed. Well test results were constrained by the testing equipment. Once the well is secured the rig will sail back to Israeli waters to drill the South West Tamar exploration well in the Eran/353 license.

Project Details: Aphrodite

S. America – Brazil

Karoon Planning Kangaroo Appraisal in Santos Basin

Oct 3, 2013 – Karoon Gas Australia continues to progress engineering and geotechnical studies related to its Kangaroo oil discovery off Brazil. Kangaroo and the undrilled Kangaroo West prospect will be the focus of Karoon’s Phase 2 drilling program in the Santos Basin. The Karoon-2 appraisal well is being planned as a priority to confirm the size of the oil column and to confirm the reservoir properties and continuity up-dip from the discovery well. Kangaroo West-1 will be drilled as the second well in Phase 2 due to its potential size which could be in excess of 150 million barrels and proximity to the main field. Additionally, Karoon contracted Worley Parsons and Intecsea to undertake pre-FEED studies for the development. If the Kangaroo work program yields positive results first oil could be seen as early as 2018.

Project Details: Kangaroo

Asia – South

Santos Pulls the Plug on Production at Sangu

Oct 2, 2013 – Production at the Sangu gas field has come to an end after several years of steady decline in production rates. Sangu is the only gas field off the coast of Bangladesh. Santos, the operator, made the decision to shutdown the operation as it was only able to produce 2.4 MMcfd which is far below the 15 MMcfd needed to make the project economically viable. As part of the Production Sharing Contract Santos will hand over control of the platform, subsea pipeline and onshore processing plant to state-run Bangladesh Oil, Gas and Mineral Corporation, or Petrobangla.

Project Details: Sangu

S. America – Other & Carib.

Total Transfers Block 2(c) Interest to NGC Trinidad & Tobago

Oct 3, 2013 – Total announced the receipt of regulatory approval for a transaction that will see the company transfer its 30% working interest in Block 2(c) to The National Gas Company of Trinidad & Tobago (NGC) for $437 million. Block 2(c) contains the producing Angostura, Aripo, Canteen and Kairi fields that make up the Greater Angostura Area. NGC’s share of production from the fields will amount to approximately 15,000 beod. Total’s divestment of these assets is in line with the company’s strategy of freeing up capital to focus on areas that possess higher growth potential.

Project Details: Greater Angostura

BPZ Updates Development Drilling Program Off Peru

Oct 1, 2013 – Development drilling is underway at the Albacora field in Block Z-1 off the coast of Peru. BPZ Energy announced the spud of the A-18D well from the Albacora platform. It is expected to take twelve weeks to reach the proposed total depth of 12,000 feet. Development drilling at the Corvina field commenced in July with the CX15-1D well. Results from the well are expected in October. BPZ, the field operator, and its partner Pacific Rubiales plan to drill at least 2 wells at Albacora and 3 well at Corvina as part of the development program.

Project Details: Albacora

Worldwide Field Development News Aug 17 – Aug 23, 2013

This week the SubseaIQ team added 13 new projects and updated 30 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.

Europe – North Sea Statoil Makes Find at Smorbukk North Aug 22, 2013 – Statoil announced a gas and condensate discovery at its Smorbukk North prospect in the Haltenbanken area of the Norwegian Sea. Well 6506/9-3 was drilled to a depth of 15,393 feet by the Transocean Leader (mid-water semisub). A 130-foot gas and condensate column was encountered in a down-to situation in the middle Jurassic Garn formation. Additionally, a thin gas and condensate section was proven in the deeper Ile formation. Initial studies indicate recoverable volumes of 25 to 47 MMboe. Smorbukk North is located directly north of the Asgard field and could potentially be developed quickly through a tie-in to existing infrastructure, extending the production life of the Asgard facilities. Project Details: Asgard Lundin Comes Up Dry with Biotitt Wildcat Aug 22, 2013 – Lundin Petroleum’s Biotitt wildcat was drilled to total depth without any sign of hydrocarbons. Well 16/4-7 was drilled by the Bredford Dolphin (mid-water semisub) to 8,530 feet measured depth and is being plugged and abandoned as a dry hole. Over 300 feet of excellent quality Jurassic and Triassic sandstone was drilled but was found to be water bearing. Biotitt was the first well to be drilled in PL544 which was awarded in 2009. Lundin Petroleum (40%) serves as operator on behalf of partners Bayerngas (30%) and Explora Petroleum (30%). Project Details: Biotitt S. America – Brazil Petrobras Reports Light Oil from Muriu Appraisal Aug 22, 2013 – Light oil was encountered while drilling an appraisal well in the Sergipe Basin off the coast of Brazil. Well 3-SES-175D was drilled by the Petrobras 10000 (UDW drillship) to appraise the 2012 Muriu discovery in blocks SEAL-M-347 and SEAL-M-424. The well was drilled to a depth of 18,461 feet and discovered almost 80 feet of reservoir with good porosity. Petrobras, 100% owner of the blocks, plans to conduct a formation test to verify the productive characteristics of the reservoir. A Discovery Evaluation Plan has been submitted for approval by Brazil’s Petroleum, Natural Gas and Biofuels Agency (ANP). S. America – Other & Carib. Noble Energy Ready to Spud Nicaraguan Prospect Aug 22, 2013 – Diamond Offshore’s Ocean Saratoga (mid-water semisub) is on location and preparing to spud the PS1 exploration well at the Paraiso Sur prospect in the Tyra Concession off Nicaragua. Noble Energy, operator of the concession, has allotted 90 days to drill the well. If successful, a second well will be drilled to determine the commerciality of the discovery. Paraiso Sur is estimated to hold P25 gross unrisked resources of 1,220 MMboe. Project Details: Paraiso Asia – SouthEast Anao Phase 4 Compression Project Complete Aug 23, 2013 – Work on the Anoa Phase 4 project is complete and production from the field has resumed. Phase 4 was implemented to enhance gas compression capacity to handle the increase of associated gas production and offset the decline of oil production at the field. The extra capacity allows for an additional 200 Bcf of undeveloped reserves being delivered from the field. Project Details: Anoa Premier Updates Progress at Pelikan and Naga Fields Aug 23, 2013 – Progress continues on the Pelikan and Naga gas projects in Natuna Sea Block A offshore Indonesia. Construction of the Pelikan and Naga wellhead platforms (WHP) is almost complete. Load-out and installation of the units will take place in 3Q 2013. Planning of the development drilling program is in the final stages and a suitable rig has been secured. Drilling will commence at the end of the monsoon season in 1Q 2014 from the Pelikan and then Naga. Production startup at both platforms is expected to take place in the second half of 2014. Project Details: Naga – Pelikan Santos Acquires Interest in Northwest Natuna PSC Aug 22, 2013 – Santos announced its acquisition of a 50% interest in the Northwest Natuna Production Sharing Contract (PSC) from operator AWE. The PSC is located off Indonesia and contains the undeveloped Ande Ande Lumut oil field which has been independently assessed to contain gross 2P oil reserves of roughly 100 million barrels. Currently, the proposed development concept consists of the installation of a wellhead platform and a permanently moored FPSO with oil take-off via shuttle tankers. A final investment decision is expected in 2014. Execution of the acquisition requires Indonesian regulatory approval. Project Details: Ande Ande Lumut Otto Expects Galoc Gas in November 2013 Aug 22, 2013 – Otto Energy made the decision to call total depth while drilling the 6-H well in the Galoc field off the Philippines. An 853-foot section of high quality reservoir was intersected and a 5 ??” completion liner was run over the interval. The well is being suspended prior to running a completion assembly. Wells 6-H and 5-H are being drilled by the Ocean Patriot (mid-water semisub). The rig will now re-enter the 5-H well to drill through the reservoir section and run the completion. Once drilling and testing operations are complete, the Skandia Hercules construction vessel will be brought in to install the subsea equipment and hook up both wells to the Rubicon Intrepid FPSO. Otto anticipates production start-up in November 2013. Project Details: Galoc G11/48 Partners Reach Nong Yao Investment Decision Aug 22, 2013 – Mubadala Petroleum and its partner KrisEnergy have come to an agreement on the final investment decision for the development of the Nong Yao oil field in the G11/48 contract area in the Gulf of Thailand. The field was discovered in 2009 when the Emerald Driller (350′ ILC) drilled the Nong Yao-1 wildcat. Initial development of the field will involve drilling 23 wells, installation of two wellhead platforms and a floating, storage and offloading (FSO) vessel. The facilities will have the capacity to produce 15,000 bopd along with 30,000 bopd of produced fluids. First oil is anticipated in 1H 2015. Project Details: Nong Yao N. America – US GOM Ardennes Well Fails to Deliver Aug 22, 2013 – No hydrocarbons were encountered while drilling the Ardennes-1 exploratory well in Green Canyon Block 896. The Cobalt-operated well was drilled by the Ensco 8503 (UDW semisub) to 36,552-feet total depth. Both the Miocene and Inboard Lower Tertiary reservoirs were encountered but neither contained commercial quantities of hydrocarbons. Ardennes-1, which is the deepest well drilled to date in the US Gulf of Mexico, will be plugged and abandoned and the rig will mobilize to Cobalt’s Aegean prospect in Keathley Canyon Block 163. Cobalt owns a 42% working interest in Ardennes with partners ConocoPhillips (30%) and Total (28%). Project Details: Ardennes Asia – Far East Roc Oil Completes Beibu Gulf Drilling Program Aug 22, 2013 – Roc Oil announced the completion of a 5-well development drilling campaign at the WZ 12-8 field in the Beibu Gulf. Conclusion of the program marks the completion of the final stage of development drilling in Block 22/21. In all, 15 wells were drilled within the block to improve existing production and to tap into additional reserves discovered during the 2012 exploration effort. All 15 wells are expected to be on-stream in 3Q 2013 at a rate of approximately 15,000 bopd. The COSL HYSY 931 (300′ ILC) carried out the drilling program and has now been released. Project Details: Beibu Gulf Africa – West Total Reveals Gabon Deepwater Pre-Salt Discovery Aug 22, 2013 – Total Gabon, operator of the first deepwater pre-salt well in Gabon, announced the discovery of between 160 and 180 feet of net gas and condensate pay while drilling the Diaman-1B well in the Diaba block. The well was drilled by the Ocean Rig Olympia (UDW drillship) to a depth of 18,323 feet and confirmed the existence of a working petroleum system. Diaman-1B is a sidetrack to the Diaman-1 well which spud in April 2013 and is over 60 miles away from the nearest commercial pre-salt discovery. Total (42.5%) serves as operator of the block with partners Marathon (21.25%), Cobalt (21%) and Gabon Oil (15.25%). Project Details: Diaman MidEast – Persian Gulf Barzan Development Drilling Phase Complete Aug 22, 2013 – RasGas completed its 30-well development drilling campaign for the $10.3 billion Barzan Gas Project. The drilling program required the use of three jackups that combined for a total of 4,740 working days. Technologies such as Pressurized Mud Cap Drilling were utilized to safely drill the wells in the challenging formation. Completion of the drilling phase clears the way for installation of subsea pipelines to carry gas to the Barzan onshore facilities that are 50% complete. Project Details: Barzan Australia Woodside Proposes FLNG for Browse Aug 22, 2013 – Woodside recommended floating LNG (FLNG) technology to the Browse joint venture partners as the best option for the Browse LNG Development off Western Australia. In April 2013, the decision to not proceed with onshore development was determined after the concept did not meet commercial requirements for a positive final investment decision. If approved, the joint venture will rely on Shell’s FLNG knowledge and Woodside’s offshore development expertise. The project comprises the development of the Brecknock, Calliance and Torosa fields with combined contingent gas volumes of 15.9 Tcf and 436 million barrels of condensate. Project Details: Browse LNG MEO Announces the Presence of Ramble On Aug 22, 2013 – MEO Australia, the 100% participant in permits AC/P50 and 51, completed its initial assessment of the permit area. Prospects were identified using reprocessed data from the 2012 Zeppelin 3D seismic survey and the older Onnia 3D survey. A likely drilling candidate is the Ramble On prospect in the southern portion of the block. MEO estimates the prospect to contain unrisked prospective resources of 56 MMstb (mean, recoverable). A successful well could significantly upgrade several other prospects within the area including Stairway and Kashmir. Ramble On is located in AC/P51 in close proximity to the Montara and Talbot fields. AC/P51 is currently in its 5th permit year. The 6th permit year begins in April 21, 2014 and requires the drilling of one exploration well. Project Details: Ramble On

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