Production News

 

Petrobras starts up Sépia

Mar 02, 2016

Petrobras announced the start-up of the early production system in Sépia, the former Nordeste de Tupi area, in the pre-salt layer of the Santos basin, offshore Brazil. Sépia operations. Image from Petrobras…

ExxonMobil to add 450,000 boe/d by 2017

Mar 02, 2016

As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…

ONE funding for UK Oil and Gas Technology Centre

Mar 01, 2016

Opportunity North East (ONE) is working with oil and gas industry leaders to establish Aberdeen as a global center for offshore technology research and development. The funding announced by the UK and Scottish governments through the…

Anadarko cuts budget, focuses on offshore

Mar 01, 2016

Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…

In your (completion) dreams

Mar 01, 2016

Elaine Maslin reports on Saudi Aramco’s work to improve recovery through “smart” completions, thereby simultaneously reducing intervention. Dr Mohamed Nabil Noui-Mehidi speaking at the Society…

Studying hydrate management

Mar 01, 2016

Jerry Lee takes a look at recent work conducted by the Colorado School of Mines and the University of Tulsa (Oklahoma) to mitigate gas hydrate formation. Hydrate formation, deposition, and detection…

When the forecasts are flawed

Mar 01, 2016

Subsea processing market projections have consistently overestimated the growth of the market – DNV GL looked into why. Elaine Maslin reports. For the last 15 years a number of market outlooks…

Oilfield autonomy

Mar 01, 2016

AICDs are enabling production engineers to manage reservoir uncertainty along the well with better flow assurance and greater oil recovery says Tendeka's Ismarullizam Mohd Ismail. AICD in housing…

Data analytics for an emerging market

Mar 01, 2016

Henrique Paula, of ABS, explains how data analytics can be used to improve safety, environmental protection, operational efficiency, and profitability in emerging energy markets such as Mexico. One of the most promising and legitimate…

Embracing nanotechnology’s potential

Mar 01, 2016

Elaine Maslin examines some of the potential uses for nanoscale manufacturing in the oil and gas industry. Image provided by Repsol. Source: 'Commercial scale production of inorganic nanoparticles…

Fiscal focus

Mar 01, 2016

Today’s flow metering systems for petroleum products must not only precisely monitor production and transfers; they also need to provide robust data to underpin digital intelligence for improved decision-making, says Honeywell Process Solutions’ Tim Vogel…

Charting demand

Mar 01, 2016

35 offshore projects and 100 rig years have slipped after the oil price collapse. Oddmund Føre, Analyst, Rystad Energy, explains. The market for oilfield services is hurting and offshore drilling is no exception. The global market for…

NOIA supports Atlantic lease sale rentention

Feb 29, 2016

National Ocean Industries Association (NOIA) president Randall Luthi, issued the following statement supporting the Atlantic Offshore Energy Caucus’s call for the Department of the Interior's retention of proposed Atlantic lease sale: “I…

Expro inks Statoil framework agreement

Feb 25, 2016

Expro secured a new framework agreement with Statoil in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems…

Total fires up new offshore Argentina field

Feb 25, 2016

Total has started production at the offshore Vega Pleyade gas and condensate field, one of Argentina's largest offshore gas fields. Operated by Total, the project will have a production capacity of 10 MMcm/d (70,000 boe/d).  The Vega…

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