Offshore Production News - page 334

 

New technology boosts well recovery, cuts costs

May 31, 2013

Owners and operators of offshore wells aim at improving efficiency, cutting costs, reducing failures and down time, while maximizing economic benefits. It’s no easy task under the best of circumstances. Reaching these goals requires a sophisticated…

Wave of the future

May 31, 2013

Automation is the ideal way to unite technology with company cultures. Through technology, workers in the offshore environment have the potential to form a myopic view on life. Produce now, don’t worry about tomorrow. It makes sense. From drilling to producing…

Oil Recovery System

May 24, 2013

Vikoma International Ltd., an oil pollution and environmental technology firm that is part of Energy Environmental Group, launched the OPRS 300 oil pollution recovery system last month.   The OPRS 300’s patented discs attract oil…

Wood Group snares Hess contract

May 23, 2013

Wood Group PSN (WGPSN) will deliver operations & maintenance services to Hess Corporation's Baldpate production platform in the deepwater Gulf of Mexico, under a new five-year contract. WGPSN will also provide these services to Hess for…

Evolution of a Fleet

May 23, 2013

Bourbon took delivery of the third vessel in its planned 10-vessel inspection, maintenance, and repair (IMR) fleet. The vessel, Bourbon Evolution 803, will operate in multi-service vessel (MSV) mode for subsea system service, off Malaysia…

First oil for Talisman off Vietnam

May 22, 2013

Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 b/d once the facilities are fully commissioned. 'We are…

Industry takes steps to monitor, control subsea processing

May 21, 2013

Milton Korn of ABS explains how industry is monitoring well conditions and fluids for efficient and safe production. The task of monitoring and controlling operations is difficult onshore, and when subsea drilling and production are taking place in ultra-deep water…

Det Norske touts first oil from Jette

May 21, 2013

Det Norske Oljeselskap (Detnor) ASA, has initiated production from the Jette field in the North Sea. Production from one of the two wells on the  field started May 9, 2013. Based on a recovery rate of 30%, the field contains between 6 and 7 million bo/e…

South Pars to get $16B investment

May 21, 2013

Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…

Joint effort to boost EOR on UKCS

May 21, 2013

After more than 40 years of production in the North Sea, with declining production and an ever more complex and costly operating environment, it could be easy to view the basin with a “glass half empty” attitude. However, the industry…

Coiled tubing use extends offshore productivity

May 20, 2013

New uses for present technology with new equipment to further effectiveness The Coiled Tubing and Well Intervention Conference, sponsored by ICoTA, the Intervention and Coiled Tubing Association, was held in late March in The Woodlands Conference Center north of Houston…

Changing the PRM value proposition

May 20, 2013

Andrew McBarnet suggests that seismic permanent reservoir monitoring may soon be seeing a new wave of interest if not an increase in projects. It seems like forever that people in the E&P business have been talking about a digital oilfield…

Colloquy: Changes loom in Mexico

May 14, 2013

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…

Exxon OKs $4B GOM project

May 08, 2013

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…

OTC.13: Petrovietnam details growth

May 06, 2013

Petrovietnam gave an overview of its operations and plans for future development at the Offshore Technology Conference in Houston today. The company seeks to grow to meet the expanding energy needs of Vietnam. Dr. Do Van Hua, president and CEO of Petrovietnam…

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