Production News

 

Stone brings deepwater Cardona online

Dec 04, 2014

Stone Energy’s Cardona deepwater development in the US Gulf of Mexico came online in November ahead of its sanctioned schedule and under budget. Image from Stone Energy. Cardona is located…

UK offers tax reduction, HPHT allowance in Autumn Statement

Dec 03, 2014

For the UK Oil & Gas industry, today’s Autumn Statement by British Chancellor of the Exchequer George Osborne, offered the first cut in tax rates for the UK North Sea in 21 years. “There is record investment this year in the North Sea…

Rocksource's Ivory disappoints

Dec 02, 2014

Rocksource said it encountered a thick well-developed basin floor fan sand with a gas-accumulation at the top in the Kvitnos target in the PL 528 Ivory exploration well in the Norwegian Sea. In the deeper Lysing target, the well penetrated a poorer than expected water-bearing sand…

Cameron wins Hebron equipment supply contract

Dec 02, 2014

Cameron has been awarded a multi-year contract by ExxonMobil Canada Properties for wellhead equipment and production trees for the Hebron project, a 52-well development located offshore Newfoundland. Cameron will supply large-bore, high-pressure equipment including wellheads…

GlobalData: Australia should not overcommit to FLNG

Dec 02, 2014

While high development costs are deeming many Australian liquefied natural gas (LNG) projects economically unfeasible, the country should stay focused on these rather than gambling on floating liquefied natural gas (FLNG) technology too soon…

Jack/St. Malo flows for Chevron

Dec 02, 2014

Production of crude oil and natural gas began for Chevron Corp.’s Jack/St. Malo project in the deepwater US Gulf of Mexico (GoM). The Jack/St Malo semisubmersible floating production unit. From Chevron…

First oil from Maari field

Dec 01, 2014

Oil production has started at from a previously undrained compartment at OMV’s US$255 million Maari redevelopment, located around 80km off the Taranaki coast of New Zealand. The MR-8A well, the second in the drilling campaign, was side…

Statoil using Nexans DEH in Norwegian Sea

Dec 01, 2014

Statoil, on behalf of Wintershall, signed a contract with Nexans for the supply of direct electrical heating (DEH) technology. The DEH riser will connect the Kristin and Maria fields in the Norwegian Sea with the Kristin platform, ensuring the constant flow through pipelines…

CNOOC starts Panyu 34-1/35-1/35-2

Dec 01, 2014

CNOOC Ltd. began production at its Panyu 34-1/35-1/35-2 project in the South China Sea. Image from CNOOC.    Panyu 34-1/35-1/35-2 is located in the Pearl River Mouth basin in a water depth range of 195-338m…

KrisEnergy getting Cendor MOPU for Wassana

Dec 01, 2014

Singapore-based KrisEnergy is about to recieve the Cendor mobile offshore production unit (MOPU) Marine Contracting moves it the from the Cendor field, offshore Malaysia to Batam, Indonesia for upgrade work. Marine Contracting moving the Cendor MOPU…

Optimizing options

Dec 01, 2014

Late life production optimization is hard, but interesting, according to those tackling the issue. Elaine Maslin provides an overview of recent trends. As natural production rates wane and assets start to age, optimizing production rates offshore becomes a key challenge for operators…

The future of subsea technology

Dec 01, 2014

Aker Solutions, FMC Technologies, and GE Oil & Gas set out where they see the future of subsea technologies going.  Aker Solutions A vision for the future: advanced subsea production systems. Photo from Aker Solutions…

Production optimization trends

Dec 01, 2014

We asked production optimization specialists their views on the latest trends in the area. Skills comes high up the list. Elaine Maslin sets out the results of our survey. Topside activities are currently the biggest challenge to production optimization in the North Sea…

The mighty Johan Sverdrup

Dec 01, 2014

A new and exciting chapter has opened in the history of the Norwegian Continental Shelf. Meg Chesshyre reports. Fig. 1: Johan Sverdrup phase 1, comprised of four bridge-linked platforms. Image from Statoil…

Mega-projects: mega spending

Dec 01, 2014

Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…

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