Marine link
 

Gas Find

Major Shallow Water Oil and Gas Find

Sperry-Sun, a Division of Dresser Industries, Inc., participated in drilling a significant crude oil and natural gas discovery in Anadarko Petroleum Corp.'s subsalt exploration program. This discovery - called Tanzanite - is located in the Gulf of Mexico at Eugene Island South Addition Block 346 in 314 feet of water about 75 miles offshore Louisiana. Anadarko believes the Tanzanite field contains at least 140 million boe. Sperry-Sun provided pressure-while-drilling (PWD) services from 11,000 ft. MD to TVD of 14,350 ft. in drilling the exploration well (the OCS-G 14482 No. 1) and provided full "triple combo" services from 11,800 ft. MD to 13,643 MD. In this latter portion of the well, 450 ft. of continuous hydrocarbon pay were encountered; three additional pay zones totaling approximately 70 ft. of net pay are also present in the wellbore. Sperry-Sun's triple combo services provided the log of record for the hole.


ONGC to Invest Over $5B in Offshore Gas Finds

Oil and Natural Gas Corp. (ONGC) plans to invest over $5b to produce 25 million standard cubic meters per day (mmscmd) of gas from its eastern offshore Krishna Godavari fields by 2013. The state-run firm submitted to the regulator Director General of Hydrocarbons an appraisal program of the discoveries it had made in KG offshore basin, putting the in-place reserves at 6.37 Trillion cubic feet (Tcf), industry sources said.


Elf Makes Second Gulf Of Mexico Discovery

French oil company Elf Aquitaine has announced its U.S. oil and gas subsidiary Elf Exploration Inc. made its second deep offshore oil discovery in the Gulf of Mexico this year. Elf officials said workers made the find at the Matterhorn well in the Mississippi Canyon Block 243, in which Elf Exploration Inc. has a 100 percent working interest. A Global Marine Celtic Sea semi-submersible vessel had drilled the well to a depth of 8,165 ft. and found 370 gross ft


Texaco Replaces 166 Percent of Production

Texaco replaced 166 percent of its 1998 worldwide combined oil and gas production, excluding purchases and sales. Texaco's proved oil and gas reserves increased eight percent during 1998 to nearly 4.7 billion barrels of oil equivalent (BOE), the largest proved reserve base for the company since 1985. These reserves are comprised of 3.6 billion barrels of liquids and 6.5 trillion cubic ft. of natural gas. Worldwide finding and development costs in 1998 were $3


Oil & Gas Auction Set for November

India will announce the auctioning of 80-85 oil and gas blocks for exploration and production in the seventh licensing round under New Exploration Licensing Policy (NELP) in the first week of November. Oil regulator Directorate General of Hydrocarbons (DGH) has carved out 80-85 blocks to be offered for bidding under NELP-VII. The total acreage of the blocks on offer is about 0.4 million square kilometers. Offshore blocks on both east and west coast would be offered


CNOOC: A Deepwater Gas Finding in Qiongdongnan Basin

China's CNOOC Limited (NYSE: CEO, SEHK: 0883) announced a deepwater gas discovery on Block 64/11 offshore China after the Lingshui 22-1-1 exploration well drilled by its partner, BG Group (BG) , encountered gas-bearing sands.The exploration well is located in Qiongdongnan Basin in the South China Sea, approximately 130 kilometres offshore and in a water depth of 1,338 metres. BG will conduct further analysis of the well results to evaluate the hydrocarbon potential in the Block.  Mr


Demand for Gas to Grow 3%

World demand for natural gas could grow by 3% a year over the next 15 years, with demand for liquefied natural gas (LNG) growing much faster, Executive Director Gas & Power of Shell Linda Cook reported at the SPE Technical Conference in Dallas. This will require massive investment. Innovative technology will be needed to maximise recovery from existing resources and lower the cost of developing new ones. Gaining access to resources will require adding real value for resource holders


Drilling Industry Stretched By High Demand

The lure of higher oil and gas prices has pushed the number of rigs exploring for oil and natural gas in the United States to a 10-year high, stretching the drilling industry close to its limits. The domestic rig count reached 1,163 during the week ending March 23 - the highest number since December 10, 1990 - when 1,179 rigs were in use, according to oil services firm Baker Hughes Inc. Spurred by record gas prices and the biggest oil market boom for two decades, independent U.S


ABS Provides Guidance For Gas Fuelled Ships

ABS_1.gif

Guide Taps Into ABS, DSME, APMM Joint Industry Project Findings With rising fuel costs and today’s global interest on emission reduction, liquefied natural gas (LNG) is considered a promising alternative fuel for all type of ships.  In response to industry’s need for technical guidance for new construction and existing vessel conversion, leading class society ABS announced today the release of its Guide for Propulsion and Auxiliary Systems for Gas Fuelled Ships.


UK Needs to Explore for New North Sea Oil & Gas

File photo CCL

In its annual Activity Survey for 2014, trade association Oil & Gas UK says only 15 exploration wells were drilled in 2013, according to figures from the Department of Energy & Climate Change (DECC), continuing a steep downward trend. Exploration over the past three years has been at its lowest in the history of the UK Continental Shelf (UKCS) and in 2013 replaced just 80 million barrels. Oil & Gas UK chief executive, Malcolm Webb


Family Finds Sunken Treasure Off Florida Coast

A Florida family scavenging for sunken treasure on a shipwreck has found the missing piece of a 300-year-old gold filigree necklace sacred to Spanish priests, officials said on Tuesday. Eric Schmitt, a professional salvager, was scavenging with his parents when he found the crumpled


BOEM Extends O&G Lease Comment Period

The Bureau of Ocean Energy Management (BOEM) is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the 2017-2022 Outer Continental Shelf (OCS) Oil and Gas Leasing Program. The RFI was released in mid-June as the initial step in the


Royal Dutch Shell Q2 2014 Results 'More Robust' Says CEO

CEO Ben van Beurden: Photo Shell

Royal Dutch Shell informs that its second quarter 2014 earnings, on a current cost of supplies (CCS) basis, were $5.1 billion compared with $2.4 billion for the same quarter a year ago. Earnings included an identified net charge of $1.0 billion after tax


FERC Approves Freeport LNG Export Project

file photo: LNG carrier

U.S. federal regulators on Wednesday approved construction of Freeport LNG Development LP's liquefied natural gas export project in Texas. Freeport is the third U.S. LNG export project to get the green light to begin construction from the Federal Energy Regulatory Commission


Wilhelmsen Secures Inert Gas System Orders

Breakthrough order in Japanese shipbuilding market sees largest ever capacity Maritime Protection IG units delivered for leading domestic owners. Wilhelmsen Technical Solutions (WTS) has secured multiple orders to supply its Maritime Protection Dry Inert Gas Generator (DIGG) systems for


Rosneft Produced 1st Lot of Fischer Tropsch Synthesis Catalysts

Fischer Tropsch synthesis catalysts

  Rosneft has proved its leadership in national GTL (gas-to-liquid) technologies development. First pilot batches of Fischer Tropsch synthesis catalysts have been produced at Angarsk catalyst and organic synthesis plant. Today Angarsk plant is the first Russian enterprise capable of


Turkey Approves EIA Report for South Stream’s Offshore Section

South Stream’s offshore pipeline

The Ministry of Environment and Urban Planning of Turkey approved the Environmental Impact Assessment (EIA) Report and issued a positive opinion of the EIA results for South Stream's offshore section in Turkey. The Report contains the assessment of potential environmental impacts caused by


UK Chancellor Mentions Hi-Tech Tax Breaks on Bibby Offshore Visit

Osborne (L) & Woodcock: Photo courtesy of Bibby Offshore

Bibby Offshore, subsea services provider to the oil & gas industry, says it has hosted a visit by George Osborne, Chancellor of the Exchequer, to the Company’s workshop, storage and maintenance facility in Aberdeenshire, Scotland.


Cause of S.Korea Ferry Businessman's Death Remains Unknown

 Yoo's body too badly decomposed to determine cause of death; mystery surrounding final days of de-factor owner of doomed ferry deepens. Yoo's son arrested in latest capture of family members. South Korea's forensic agency said on Friday it was impossible to determine the cause of death of


LNG to Acquire Bear Head LNG Project in Canada for US$11 mi

LNG to Acquire Bear Head LNG Project in Eastern Canada -

Liquefied Natural Gas Limited today announced that it has significantly expanded its presence in the North American Liquefied NaturalGas (LNG) sector by signing an agreement to acquire 100% of Bear Head LNG Corporation (BHLC)from a subsidiary of Anadarko Petroleum Corporation (Anadarko) for


2 Rescued Near Humber Bridge by Maritime & Coastguard Agency

A rescue in the Humber

  Humber Coastguard received a call just after 10am this morning reporting two people in the water after their powered canoe had capsized just west of the Humber Bridge. The Hull Coastguard Rescue Team, Humber Rescue Inshore Lifeboat and the police all attended and found one of the


Europe Sleep Walking into an Energy Crisis: Analyst

Energy pipelines: File photo

The downing of flight MA17 has prompted calls for further sanctions on Russia targeted at its energy sector. Douglas-Westwood in its 'DW Monday' analysis considers whether such sanctions could have sufficient teeth. Russia is the world’s largest exporter of natural gas and second


FLNG Prelude: A New Dawn in the Age of Maritime & Energy

(Photo: Courtesy Royal Dutch Shell)

Longer than four football fields, as big as six Nimitz-class aircraft carriers and almost as tall as the Taipei 101 skyscraper, Royal Dutch Shell PLC is hoping that its record-setting, game-changing floating liquid natural gas (FLNG) facility will serve as a prelude to a killing in the offshore


Prelude By the Numbers

Prelude will consume more than 260,000 tons of steel, more than 5 times the steel used on the iconic Sydney Harbour Bridge and 3 times the steel used on the Golden Gate Bridge.

Out at sea, look! It’s a ship! It’s a floating rig! It’s SuperFLNG! While not “faster than a speeding bullet,” Shell’s shipzilla Prelude is certainly more powerful than a speeding locomotive, and will be able to leapfrog in size


ABS to Class the World's First CNG Ship

ABS Chairman and CEO Christopher J. Wiernicki

ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN). The award for the precedent-setting ship






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright