TOPICS OF INTEREST
Brazil’s Lula Field a Step Closer to Producing 1 Million B/D of Oil
Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin.
CNOOC’s Strategic Plan Sets “Bullish Tone” for Chinese NOCs
The national oil company’s aim to lift oil and gas production and reserves over the next few years will rely on growth from big international projects, including those in Nigeria, Guyana, and the US.
BP, Chevron Bring Two More Offshore Projects on Stream
Majors BP and Chevron have overcome development challenges and delays to launch their respective Clair Ridge and Big Foot projects.
Petrobras, Shell Start Production From Eighth Lula Field FPSO
The unit is flowing oil and gas from the Lula Extremo Sul area, 290 km off Rio de Janeiro state in 2150 m of water.
BP Launches Caspian’s First Subsea Development
The $28-billion Shah Deniz Phase 2 project off Azerbaijan will supply gas to Europe through the Southern Gas Corridor pipeline system.
Argentina’s Shale Play is Beginning to Live up to Expectations
Wells are starting to come on stronger than expected, which is putting a new emphasis on orginizing all the other ingredients needed for shale production: more rigs, roads, pipelines, water, and sand.
Another Big Gas Field Starts Production Offshore Egypt
More gas is flowing from Egyptian waters and the Eastern Mediterranean with BP’s launch of its Atoll Phase One project.
Eni Starts Up Oil Production From Ochigufu
The startup of the 1300-m water depth field is Eni’s fifth new field since 2014 in its West End development offshore Angola.
‘Supergiant’ Zohr Gas Field Offshore Egypt Comes On Stream
Touted as the Mediterranean Sea’s largest-ever gas discovery, the “supergiant” Zohr field is expected to cover much of Egypt’s gas demand in the coming decades.
Brazil’s Presalt Libra Field Starts Producing Oil
One of the largest presalt discoveries offshore Brazil has started producing oil. Libra field’s 1-year extended well test will provide technical data and cash for future development, which envisions three more FPSOs.
3D Full-Field and Pad Geomechanics Models Aid Shale Gas Field Development in China
The oilfield-development plan (ODP) for a shale gas field at the southern edge of the Sichuan Basin in China started in early 2014.
Field Development Projects
The industry is evolving to a more factual approach to profitability, with emphasis in modeling the long-term scenarios with detail. And this applies for developments in both mature and new fields.
US Sanctions Hit New Russia Projects, Add Uncertainty
The new US sanctions against Russia will place added restrictions on international companies taking part in oil development projects with Russian companies and raise doubts about Russia’s plans to expand pipeline exports.
First Oil From Kraken: Offshore Project To Increase UK Production by 15%
30 years after being discovered in the North Sea, this heavy-oilfield is now flowing.
Growing Number of Projects Go Forward, but the Global Backlog Is Still Building
The number of delayed projects getting final investment approvals is rising, but the number not clearing that tough bar is rising as well.
Sustainable Building Blocks for Cost-Effective Deepwater-Field Development
This paper reviews clusters of information that will be termed “building blocks” for deepwater-field-development planning, discussing how they are currently used and exploring more-affordable, but technically robust, alternatives.
Optimism and Activity Rising in the Vaca Muerta
Shale explorers in Argentina are reporting that improving performance and activity is set to rise this year to boost the country’s gas production.
US Gulf of Mexico Hits Record Production
New figures show that the facilities working in the Gulf of Mexico achieved higher crude output in 2016 than at any other period.
Sapinhoá Field, Santos Basin Presalt: From Design to Execution and Results
This paper presents the development of Sapinhoá field, covering the fast-track transition and decision-making process, from appraisal to conceptual and basic engineering of the Sapinhoá pilot project and on to its subsequent execution, highlighting the challenges, lessons learned, and results.
Improving Megaproject Economics Through the Use of Early Production
A key aspect of the project discussed in this paper is the use of minimal initial-production facilities to achieve significant early production from each of four preconstructed artificial islands.
Offshore Europe: Statoil North Sea Discovery Moves Toward Production
Statoil is going to work to put its enormous Johan Sverdrup discovery into production, showing that even one of the most explored parts of the North Sea still has significant potential.
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03 July 2019