Personnel Begin Reboarding Platforms After TS Barry
Offshore personnel are reboarding Gulf of Mexico platforms, according to today’s Bureau of Safety and Environmental Enforcement’s (BSEE) update.
About 69% of the current oil production in the Gulf of Mexico has been shut in, or 1.3 million BOPD, and 61% of the natural gas production, or 1.7 million MMcf/D, remains shut in. Compared with yesterday’s figures, oil production has increased by 100,000 BOPD; gas production has increased by 1.1 MMcf/D.
Based on data from offshore operator reports submitted as of 11:30 CDT today, personnel remain evacuated from a total of 267 production platforms, 40% of the 669 manned platforms.
Personnel remain evacuated from 10 non-dynamically positioned rigs, equivalent to 48% of the 21 rigs of this type currently operating in the Gulf. However, none of the 20 dynamically positioned rigs operating are off location. They have all returned to pre-storm positioning.
After the storm has passed, facilities will be inspected. Once all standard checks are completed, production from undamaged facilities will be brought back on line immediately. Facilities sustaining damage may take longer to bring back on line.
More Companies and US States Eyeing Slurry-Injection Technology
Primarily used in a few US states, waste-slurry-injection technology could help operators reduce cost, while also potentially reducing their carbon footprint. But the process may still present technical and environmental challenges.
Oil-Production Costs Reach New Lows, Making Deepwater One of the Cheapest Sources of Novel Supply
In an updated projection, Rystad said that a breakeven of only $50/bbl is needed to produce 100 million BOPD in 2025, reflecting the reduction in oil-production costs.
TechnipFMC Joins Breidablikk Development With EPCI contract
The EPCI contract for the Breidablikk development includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work. About 70% of the value creation in the Breidablikk development phase is expected to go to Norwegian companies.
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08 October 2020
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