ExxonMobil Weighs Global Job Cuts After Unveiling Australian Layoff Plan
Company cites COVID-19-driven decline in fuel demand in move following announcement of Australian layoff plan as latest cost-cutting measure.
Australia Presents Opportunity for E&P Companies Looking Beyond US Unconventionals
Black Mountain executives outlined the key criteria they used to determine why Western Australia was a prime location for private-equity investment when looking at international unconventional plays.
Shell Wipes Out Up To $22 Billion From Major Oil and Gas Projects
Two of the biggest assets to suffer from the new valuation are in Australia. Shell’s QGC venture and its floating liquified natural gas facility, Prelude, have been reduced in value by up to $9 billion.
Offshore Enters Uncharted Waters
For the offshore sector, the collapse in oil demand and prices came just as the market was beginning to look up. Now many companies are focused on survival. This article discusses how various market segments, regions, and companies are faring in “the new reality.”
Australia Study Finds Few Environmental Effects From Hydraulic Fracturing in Coal Seams
A 3-year study of air quality, soils, groundwater, and waterways found few to no effects as a result of hydraulic fracturing operations in Surat Basin coal seam formations.
Production Lifting Costs Shrinking
The savings result in part from the depreciation of global currencies against the US dollar, as most operating expenses in oil and gas production are realized in local currencies. Brazil leads in savings.
Global Upstream Industry Moves Into Survival Mode
As the fallout deepens from the coronavirus pandemic and the global collapse in oil and gas prices, oil- and gas-producing regions around the world are feeling the pain.
Strong Flow Rates Seen From Dorado Appraisal Well Off Australia
Santos Energy said its second and final flow test from the Dorado field suggests potential flow rates of around 30,000 B/D from each Caley reservoir production well.
Santos To Resume Shale Drilling in Australia’s Northern Territory
The green light for Santos Energy’s drilling program in the McArthur Basin comes after a moratorium on hydraulic fracturing in the Northern Territory was lifted in 2018.
Dorado Discovery Off Australia Is Bigger Than Expected
After drilling the Dorado-2 appraisal well, operator Santos Energy now expects a big increase in gas resources from predrill estimates, adding to one of the largest oil resources ever found on Australia’s North West Shelf.
Unconventional-Reservoir Characterization With Azimuthal Seismic Diffraction Imaging
The complete paper proposes an azimuthal plane-wave-destruction (AzPWD) seismic-diffraction-imaging work flow to efficiently emphasize small-scale features associated with subsurface discontinuities such as faults, channel edges, and fracture swarms.
Perforation and Flowback Highlights From the Gorgon Field, Offshore Australia
This paper contrasts the detailed perforating and flowback plan with the results of the operation where a number of planned, and some unplanned, contingencies were faced.
Hybrid Microseismic and Microdeformation Monitoring of a Coal-Seam-Gas Well
A hybrid downhole microseismic and microdeformation array was deployed to monitor fracture stimulation of a vertical coal-seam-gas (CSG) exploration well in the Gloucester Basin in New South Wales, Australia, to provide more-accurate insight into overall fracture height.
Northern Territory Unconventional Resources: A Regulatory Perspective
This paper outlines the key issues that must be addressed from a regulatory perspective in regard to the development of an onshore unconventional-gas industry in the Northern Territory.
Deepwater-Structure-Installation Challenges Offshore Australia
This paper provides an insight into the challenges encountered and overcome during installation of 20 subsea structures, some close to 1000 t in weight and in water depths of up to 1350 m, for the Gorgon project offshore Western Australia.
Blowout Prevention and Relief-Well Planning for the Wheatstone Big-Bore Gas-Well Project
The engineering and operational planning to ensure that no uncontrolled hydrocarbon releases occur during the execution of subsea big-bore gas wells are described.
Paying Mind to Lift Systems in Mature Fields Yields Profit
Case studies from around the world prove that big rewards await companies that optimize the artificial lift systems keeping their mature fields alive. The success stories involve a mix of monitoring, automation, and performance tracking.
Legislation, Commerce, and Ethics Drive Design of Quieter Facilities in Australia
Legislation, economics, and ethics are major drivers behind the adoption of engineering noise controls during offshore-facility design in Australia.
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