E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
Chevron encountered more than 400ft of net oil pay at its deepwater Coronado well No. 1 in the US Gulf of Mexico. Coronado comprises Walker Ridge Block 98. The No. 1 well is located approximately 190 miles off the Louisiana coast in 6,127ft of water…
COLLOQUY: Editor's Column The structure of the Mexican oil industry is on the verge of change, driven by a need to increase revenues and build reserves. The consensus is that Mexican fields are aging, production is declining, and although…
ExxonMobil and 50/50 partner Statoil will commence development on the Julia oil field in the US Gulf of Mexico, the companies announced on 7 May 2013. The project's capital costs could total more than US$4 billion. “The development of…
Rigless abandonment of wells and use of downhole communications will be future trends, according to an OTC paper on well plugging and abandonment. Praful Desai, presenting for Schlumberger, outlined the large number of ageing and non producing wells globally…
Announcement Confirms Continued Growth of Quickflange’s Cold-Based Pipe Connection Solutions Onshore and in Gulf of Mexico Quickflange AS, one of the industry’s leading providers of high performance pipe connection systems, has appointed…
Swire Oilfield Services, LLC, the world's largest supplier of specialized offshore cargo carrying units to the global energy industry and leading supplier of modular systems, offshore aviation services and fluid management, will exhibit at the Offshore Technology Conference (OTC) in Houston…
Tata Steel will demonstrate its ability to deliver pipeline solutions to some of the world’s most challenging and complex projects at this year’s Offshore Technology Conference (OTC) in Houston May 6-9 2013. As global demand for key…
Brazil's state-owned oil and gas company Petrobras will sell its 20% stake in BP's Gila prospect in the US Gulf of Mexico, the company announced on 29 April 2013. Petrobras signed a Sale and Purchase Agreement (SPA) for its stake in exploratory blocks KC 49…
The first section of this article will review the active, and quite unique, North Atlantic hurricane season of 2012. The remainder of the article will detail the North Atlantic basin tropical forecast for 2013. The forecast will examine…
Operators, contractors and regulators are working in close cooperation to maintain continuous improvement in offshore safety, Center for Offshore Safety Executive Director Charlie Williams told reporters this morning. He said the Offshore…
Norwegian innovation in the oil and gas industry will be celebrated in Houston with the marking of a major milestone this year. Norway is marking its 40th anniversary of attending the Offshore Technology Conference with an impressive line…
Anadarko Petroleum encountered high-quality oil at its Phobos-1 deepwater Gulf of Mexico well, the company announced on 25 April 2013. Located in Sigsbee Escarpment in Block 39, the company found 250 net ft of oil in lower tertiary-aged reservoirs…
Marine Well Containment Company (MWCC) announced that Mobile, Alabama has been selected as the shorebase location to house the well containment company’s subsea umbilicals, risers and flowlines (SURF) equipment. The MWCC capping stack stands roughly 30ft tall and weighs about 100 tons…
Demand for well intervention services has continued to be strong in the Gulf of Mexico and North Sea, says Helix Energy Solutions. The Houston-based firm said that as well as a recent five year contract for its Q5000 semisubmersible, currently under construction in Singapore…
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