Offshore Production News - page 317

 

ATCE15: Our industry will adapt

Oct 02, 2015

At the President’s Luncheon and Annual Meeting at this year’s SPE ATCE on Wednesday, both outgoing 2015 SPE President Helge Hove Haldorsen and incoming 2016 President Nathan Meehan discussed how vital the industry remains in spite of the downturn…

Revised promises

Oct 01, 2015

Brazil will need to drill around 300 development wells in deepwater in order to sustain and reach its production target. Douglas Westwood’s Mark Adeosun takes a look at what is at stake. The Cidade…

A 2.0 silver lining?

Oct 01, 2015

Low oil prices, falling investment and the need to transform the UK exploration and production sector were high on the agenda at SPE Offshore Europe. Elaine Maslin reflects. A packed plenary session during SPE Offshore Europe 2015…

Choice of pumps

Oct 01, 2015

Jerry Lee investigates the use of hydraulic submersible pumps as an alternative to the common ESP for artificial lift operations. An ultra-high reliability hydraulic submersible pump. Photos from ClydeUnion Pumps - an SPX brand…

All subsea options

Oct 01, 2015

Most of the building blocks are in place for the all-subsea solution. But do they offer an attractive proposition? Elaine Maslin looks at DNV GL’s current thinking. Operations during the Åsgard…

Aker awards Murphy Rotan contract

Oct 01, 2015

Aker Solutions has been awarded a contract from Murphy Sabah Oil Co., Ltd. to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia. The delivery includes hardware for four subsea wells…

Supply and demand

Oct 01, 2015

When the oil price drops, people want to know how long the decline will last and when it will go back to “normal.” Audrey Leon reports on how market watchers and researchers tried to make sense of the downturn at this year’s SPE Offshore Europe conference…

Bringing Perla online

Oct 01, 2015

Shreeram Lom, Aaron Rampersad, and Juan Martínez, of Repsol, discuss the Perla field development, which came online offshore Venezuela in July. Fig. 1: Topside. Images from Repsol. The Perla field…

DW: Global FLNG set for new wave of growth

Oct 01, 2015

Despite a current pause in commitments to new projects, the capital expenditure (capex) for FLNG vessels is expected to amount to US$35.5 billion over 2015-2021, says a new report by Douglas-Westwood (DW) entitled 'World FLNG Market Forecast 2015-2021…

Kosmos gets Achiever extension, dayrate drop

Oct 01, 2015

Dallas-based Kosmos Energy entered into a deal with Atwood Oceanics that will see the exploration and production company get an extension, and a reduced rate for the Atwood Achiever ultra deepwater rig for operations offshore Northwest Africa…

GlobalData: Sanctions could lead to restructuring of Russian oil, gas sectors

Sep 30, 2015

While Russia is continuing to pump crude oil at record levels, producing on average 10.685 MMb/d in 2015, the continuous pressure from US/EU sanctions is having an impact on the strategic course of Russian oil and gas industry, says an analyst with research and consulting firm GlobalData…

ATCE15: Weatherford introduces Jetstream RIFD

Sep 29, 2015

Weatherford International announced the commercial release of JetStream Radio Frequency Identification (RFID) circulation sub at the 2015 Annual Technical Conference and Exhibition. Poor wellbore integrity can cause events such as stuck pipe…

Freeport-McMoRan updates GoM activities

Sep 28, 2015

Freeport-McMoRan announced positive drilling results from the Freeport-McMoRan Oil & Gas (FM O&G) 100%-owned Horn Mountain Deep well in the Deepwater Gulf of Mexico (GoM). Initial production from this well, which will be tied back to existing facilities…

ExxonMobil awards two ISAPT licenses

Sep 25, 2015

ExxonMobil Upstream Research Co. awarded Schlumberger and Weatherford International licenses for its patented Internal Shunt Alternate Path (ISAPT) technology. Schlumberger was awarded the license for ISAPT sand screens to improve gravel packing of cased and openhole completion wells…

Statoil celebrates Troll field’s 20th operational year

Sep 25, 2015

It is 20 years since the start of oil production from the Troll field. The 20 year-old can look back on enormous wealth, with 1.56 billion bbl produced so far and US$53.76 billion (NOK 460 billion) in income.   Image from Statoil…

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