TOPICS OF INTEREST
SafeOCS Industry Safety Data Program: An Industrywide Safety Data Management Framework
In the aftermath of the Deepwater Horizon oil spill, the oil and gas industry, regulators, and other stakeholders recognized the need for increased collaboration and data sharing to better identify safety risks and address them before an accident occurs.
Drones Move From “Nice To Have” to Strategic Resources for Projects
A presentation at the 2020 Offshore Technology Conference Asia described a study of unmanned aerial vehicles operated by off-site pilots based in remote control centers many miles from the facility.
New Low-Impact Drilling Fluid for Deepwater Applications
This paper describes a low-impact, nonaqueous drilling fluid (LIDF) designed to minimize equivalent circulating density (ECD) increases and associated risks in deep water by reducing the effect of cold temperature on fluid viscosity.
UK Regulator Awards Eni CO2 Appraisal and Storage License
Eni plans to reuse depleted hydrocarbon reservoirs in Liverpool Bay to permanently store CO2 captured in northwest England and North Wales.
Hess Sale Raises $505 Million To Pay for Guyana Development
With oil prices still low, Hess decided to sell a stake in one offshore project to help pay to develop a much larger one.
Equinor To Cut 30% of E&P Staff, Shuts In Fields Due to Labor Strike
Equinor plans to cut its global exploration staff by 30% in the next 3 years and plans to drill 30–40 wells globally this year. Ongoing labor strikes have led to the operator shutting in four of its platforms.
Multilevel Completions in One Trip: Development and Deployment
The complete paper describes the hurdles that have prevented single-trip installation of upper and lower completions in the complex world of subsea and deepwater applications and examines the processes, technologies, and risk-mitigation steps that took a concept from pilot to successful deployment.
From Completion to Production Without Intervention in a Subsea Well
The complete paper describes the development and implementation of a glass-plug solution that closed the technical gaps that had previously inhibited fully intervention-free operation for completion installation.
Shell Files Plans for North Slope Development With an Intent To Sell
The Dutch major said it has filed an application for drilling operations in the North Slope as part of an effort to help attract buyers to 18 leases it purchased rights to in 2012.
UPDATE: Workers Return to Offshore Platforms After Hurricane Sally Evacuations
Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today.
BP Takes on Billion-Dollar Stake in Equinor’s US Offshore Wind Power Projects
Two of Europe’s largest oil and gas producers will lead four offshore wind projects that together have the potential of powering 2 million homes.
Kosmos Sells Frontier Interests to Shell in $100-Million Deal
The acquisition and divesture deal includes large-interest positions in nine offshore exploration blocks, several of which Shell may become the operator of.
ExxonMobil Marks 18th Subsea Discovery Offshore Guyana
This latest find means the offshore driller has averaged at least three new discoveries each year since it began drilling offshore Guyana where it plans to recover up to 8 billion barrels of crude.
Company Integrates Offshore Windfarm Into Subsea Field Development
The complete paper discusses a floating wind-turbine solution that is particularly cost-competitive for deepwater locations and that can unlock the possibility of deploying large wind-powered generators far from the coastline in deep water.
Evolution of the Tension Leg Platform
The complete paper is a comprehensive discussion of the development and deployment of the tension leg platform (TLP), one of the four major platform types that also include floating production, storage, and offloading (FPSO) vessels; semisubmersible floating production systems; and spar platforms.
The Future of Floating Production Systems
The complete paper provides insight on the commercial drivers that significantly changed floating-production-system (FPS) design philosophy after 2014, with a particular focus on the US Gulf of Mexico (GOM).
Liquid-Redox Process Used for Sulfur Removal on an FPSO
The complete paper examines the decision to use hydrogen-sulfide- (H2S) removal technology, the cost of operation, and the unit’s availability over its lifetime.
Recovering More Than 70% From the Johan Sverdrup Field
Before the giant Johan Sverdrup field had produced even one barrel of oil, operator Equinor and its license partners set a recovery ambition of greater than 70% for the field.
The Spar Platform: A Design That Transformed Deepwater Development
The complete paper is an extensive review of the evolution of spar designs, focusing on the progression of work that ultimately led to the application of a transformative concept to the oil industry.
Petrobras Trims Drilling by Months With Software That Will One Day Automate Its Offshore Rigs
Brazil’s national oil company details the results of 6 years of real-time drilling monitoring. The next step is to move toward optimization, then automation.
Johan Sverdrup’s Digital Operations Drive Efficiency, Safety
The complete paper describes the development of the “digital field worker” at Johan Sverdrup, an initiative that has changed the approach toward not only construction and completion but also operations.
Turkey Announces Country’s Biggest Gas Discovery, Says More To Come
Seeking to become an energy producer, the Middle Eastern country is exploring for natural gas in the Black Sea and the Eastern Mediterranean Sea.
Total Launches Mero Phase 3 Offshore Brazil
Operators celebrate first major deepwater project sanctioned since the early-2020 oil crash.
Giant Discovery Raises Norwegian Oil Project Hopes
Dugong could become a new North Sea production hub says offshore explorer Neptune Energy upon its latest discovery.
Preparedness Holds Key to Management of Infectious Diseases Offshore
International SOS has led medical services operations on offshore installations globally and has managed clinical cases in which patients presented with signs and symptoms of known infectious illnesses.
Subsea Multiphase Gas Compression System Offers Competitive Advantage
In 2015, the world’s first subsea multiphase gas compression system was installed offshore Norway. The system comprises two-off 5-MW machines configurable for serial or parallel compression. This system has now gained considerable and valuable operational experience.
Flow-Assurance Strategy Manages Subsea Asset Without Continuous MEG Injection
The paper describes options for hydrate and integrity management and the required modifications to both subsea and topside facilities to enable an operational philosophy change.
Developing Technologies Can Lower Subsea Tieback Cost
The traditional subsea tieback model is evolving, supported by advances in flow assurance that allow tiebacks over much longer distances and by the introduction of new technologies that increase overall cost effectiveness.
Operation Planning Tool Improves Quality, Efficiency of Offshore Risk Management
The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings.
Aker Solutions Shares New Details of Unmanned FPSO Concept
While it remains today only an idea, there are but a few barriers keeping an unmanned floater from being realized, according to one of the world’s leading offshore engineering firms.
Application of Multizone Water Injection Downhole Flow Control Completions With Fiber-Optic Surveillance
A multizone water-injection project has ultimately proved a method of using intelligent completion interval-control valves in place of traditional sand-control completions in soft sand reservoirs.
Saudi Arabia/Kuwait Neutral Zone Resumes Production
The joint oil field had been offline since 2015, due to an operational dispute.
Total Tapped as Industry’s Top Explorer
Apache, Qatar, and Shell clinch best discovery, best new venturer, and energy transition leader.
Price-Plunge Fallout: Let’s Make a Deal
Nearly everything’s on the table as companies aim to shore up portfolios by curtailing investments and dumping low-priority assets.
A Net-Zero Future Full of Opportunities for a New North Sea
Despite the global downturn, the long-term transition to net zero presents a major opportunity to create new multibillion industries based around the North Sea. Cross-sector collaboration and major state/private sector intervention, together with strong leadership, will be key.
AI Meets HMI: Next-Gen Robots Take on the Tough Tasks To Reduce Risks on Rigs
With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull.
Norway Opens New Realms of Arctic Oil Exploration
A new licensing round will open up 136 blocks in the Arctic Barents Sea.
Shuttle Concept Brings CO2 to Subsea Reservoirs
A new idea from Equinor calls for autonomous submarines to transport CO2 from the surface to the seabed. The Norwegian operator says the shuttles could also carry oil and water for injection.
New Acidizing Method Improves Stimulation in Deep, High-Temperature Offshore Well
The complete paper discusses a method of stimulating deep, high-temperature offshore wells by combining an efficient single-phase retarded acid (SPRA) system and an engineered, degradable, large-sized particulate and fiber-laden diverter (LPFD).
OTC 2020 Tech Papers Offer a Look Into the Future of Offshore
The Offshore Technology Conference was cancelled for the first time ever due to the COVID-19 pandemic. But the flow of ideas continues. As proof, this curated summary of technical papers highlights unique concepts that might someday reduce the offshore sector’s heavy cost burdens.
Schlumberger To Restructure Business Units
Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.
Neptune Exits Deal With Energean for North Sea Assets
Neptune must pay Energean a break-up fee of $5 million for cancelling what was to be a $250 million deal.
Major Operators Submit Plans for Northern Lights JV
An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024.
Saudi Arabia Faces Challenge in Balancing Deep Oil Cuts With Need for Gas
Middle East could lose 15% of ethane-based ethylene supply in 2020 because of oil supply dynamics.
Wintershall Dea Makes Third Oil Discovery in Less Than a Month
Two discoveries offshore Mexico add to April’s finding in the Norwegian Sea.
OTC Announces Spotlight on New Technology Awards Recipients
The Offshore Technology Conference announces the 2020 recipients of the Spotlight on New Technology Award. Eighteen technologies from 14 companies from around the world will be awarded this year, including six companies that will be recognized for the Spotlight on Small Business Award.
Machine-Learning Approach Improves Deepwater Facility Uptime
This paper describes an automated work flow that uses sensor data and machine-learning (ML) algorithms to predict and identify root causes of impending and unplanned shutdown events and provide actionable insights.
Deep-Learning Techniques Classify Cuttings Volume of Shale Shakers
A real-time deep-learning model is proposed to classify the volume of cuttings from a shale shaker on an offshore drilling rig by analyzing the real-time monitoring video stream.
A Look at the Aasta Hansteen Norwegian Deepwater Spar FPSO
The complete paper describes the overall project execution of the Aasta Hansteen field development on the Norwegian Continental Shelf (NCS) north of the Arctic Circle. It is the deepest field yet developed on the NCS in 1300 m of water.
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.”
Fatigue Prediction for Extended Riser Life and Improved Vessel-Response Analysis
This paper presents a fatigue-prediction methodology designed to extend the life of unbonded flexible risers and improve the accuracy of floating production, storage, and offloading vessel response analysis.
Diamond Offshore Files for Bankruptcy
The chapter 11 filing comes as record-low crude prices and excess supply have impacted operations across the industry. About 2,500 jobs could be at stake.
Equinor Makes First Discovery in Gulf of Mexico Since 2015
The Monument well represents the Norwegian operator’s first deepwater drilling project in US waters in 5 years.
2020 Offshore Technology Conference Has Been Canceled
Amid continued health and travel concerns, the OTC Board of Directors felt this decision was the most feasible and responsible.
Upstream Digitalization Is Proving Itself in the Real World
For the upstream industry, where improvement in efficiency or production can drive significant financial results, there is no question that the size of the digital prize is huge. So are the challenges.
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.
Interest in US Gulf Lease Sale Sapped by Price Crash
Oil and gas operators played it safe in the latest offshore auction by placing about half the high bids typically made. As a result, the total dollar commitment for the round was the lowest since 2017.
Drilling Automation Is the Future, But ExxonMobil Finds Gaps To Fill
ExxonMobil’s rig automation experiment is accelerating, with plans to push the number of rigs in the system from three to nine. Drilling efficiency was improved by use of an automated pipe-handling system, which reduced the median time required for connection at one location by 20%.
Record US Production Topped 12 Million B/D in 2019, Will Climb Slower This Year
Led by Texas and New Mexico, year-over-year crude output jumped by 11% according to the US Energy Information Administration. Going forward, new records will be set but at a slower pace.
Equinor Strikes Oil at New North Sea Discovery
Because the greenfield can use existing infrastructure, the Norwegian operator says it will count as a low-carbon development.
Cost-Effective Validation of HP/HT Subsea Equipment Using Seawater Hydrostatic Head
The complete paper presents a practical approach for validating design-verification analysis for subsea equipment, using a representative pressure valve block to correlate finite-element analysis (FEA) predictions for strain changes with actual measured changes.
Transocean's Backlog Signals A Deepwater Revival
Transocean reported a long list of reasons why the deepwater drilling business is coming back strong. Making money is still not one of them.
Eni Makes Another Discovery Offshore Mexico, Expects Several More
The Italian oil and gas company has found its second big well offshore Mexico and is setting its sights on several more in the near future.
Test Methodology Optimizes Selection of Fluids for Gasfield Development
For the development of the Dvalin high-pressure/high-temperature (HP/HT) gas field in the Norwegian Sea, a completion scheme using standalone screens is planned.
Diagnostic Tool Identifies Factors in Well-Productivity Decline
Wells in deepwater reservoirs show significant rate decline with time as the result of various causes. A diagnostic tool for quantification of factors influencing well-productivity decline is presented in this paper.
ExxonMobil: Another Guyana Discovery, Ups Recoverable Reserves, Adding a Drillship
Guyana continues to strengthen its reputation as the world’s fastest growing offshore exploration hotspot.
Oilfield Construction Giant McDermott Files for Bankruptcy Protection
The firm has outlined a restructuring plan that will see it sell off subsidiaries and erase more than $4.6 billion in debt.
Eni, ADNOC Sign Carbon Capture Agreement
The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.
Nine Months After Discovery, Eni Starts Offshore Angolan Oilfield
The Italian oil and gas company used a “fast track” model to get the first production well flowing from the Agogo field.
Israel Starts Exporting Natural Gas to Egypt
Landmark deal called most significant since 1979 peace treaty.
Oil and Gas Discoveries Reach Four-Year High in 2019: Rystad
A total of 12.2 billion BOE was discovered worldwide in 2019—the highest volume in 4 years, with offshore regions dominating the list of new deposits.
Talos Shares Zama Reserves Audit Amid Unitization Negotiations With Pemex
Talos is hoping to retain its operatorship of the major discovery it made in 2017 offshore Mexico after a reserves audit confirmed the reservoir is shared between two offshore blocks.
Discovery Suggests Guyana Bounty Extends Offshore Suriname
A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.
BP Makes $625 Million Exit From North Sea Assets
The deal is part of BP’s plan to divest $10 billion in the North Sea so that it can focus on developing core growth areas and construct more cost-effective subsea tiebacks in the region.
Egypt Awards Oil Majors First Red Sea Blocks
The Arab world’s most populous country has awarded a string of concessions in a bid to become the region’s next major supplier of natural gas.
Massive Gas Field Begins Production Offshore Israel
The largest natural gas field in the rising Eastern Mediterranean region is now flowing after being discovered a decade ago.
Global Deepwater Production Hits 10 Million BOE/D
The depth of the world’s offshore projects has steadily increased over the past 30 years—and so has its production base. The growth trend will continue thanks to new fields offshore Brazil, Guyana, and the US.
Guyana Hits New Milestones
First oil from the 120,000-B/D Liza Destiny FPSO is flowing ahead of schedule.
Rystad Warns of Gloomy Start to 2020 for Oilfield Service Firms
Reduced investment in US shale will continue to weigh down the global oilfield services market through 2020.
Total to Gain Blocks, Extend Production Licenses Offshore Angola
Total has agreed to acquire interests in two blocks in the offshore Kwanza Basin from Angola’s state-owned Sonangol and has received an extension on its offshore Block 17 production licenses.
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