Stimulation of offshore well achieved in 1.5 days, in contrast to the normal 40-50 days. Well technology company i-TEC has developed a unique, new lower completion ball drop sleeve system which can radically reduce the time it takes to stimulate a well. The i-Frac system allows operators to bring wells in tight formations on line much more quickly than other methods, resulting in potentially huge cost savings and earlier production revenues. The system recently reduced stimulation of a North Sea well on the Norwegian Continental Shelf to only one and a half days, as compared to the normal of 40-50 days. It allows for more than 20 sleeves per stage to be installed in a cemented liner and opened sequentially with a single ball. A number of stages can be run in a single well. The recent installation was in early paleocene and late cretaceous, carbonate formations in the Norwegian sector of the North Sea. The technology also has huge potential for global shale oil and gas plays, particularly in the United States, where in some tight shale fields it could allow an operator to fracture twice as many wells in a year compared to traditional methods. The recovery of oil and gas in limestone and tight shale formations is accomplished by drilling horizontal wells to increase the well-reservoir contact. Each well is divided into zones which are individually opened to carry out a controlled and efficient stimulation of the formation rock.
SHI received an order for a floating production storage and offloading (FPSO) facility worth US$140 million from Husky Oil Operations Ltd. of Canada on the 31st. As a competitive solution for the development of offshore oil and gas resources capable of the production, storage and offloading of crude oil and gas, an FPSO is a special facility suitable for the development of a medium size deep-sea oil and gas field due to its mobility
Oil Search Limited and Halliburton have signed an agreement to renew an alliance that was originally formed in 2004. The multimillion-dollar contract covers three years, with the option for two additional years. The agreement calls for Halliburton to provide a full range of subsurface services, including drilling and formation evaluation, slickline, fluids, cementing services and production enhancement in Papua New Guinea where Oil Search is the industry leader in oil and gas exploration and
Thirty years after the Statfjord field started production, one of the largest oil fields in the North Sea has now become a gas field. “On 24 November 1979 we brought one of the North Sea’s largest oil fields on stream,” said Øystein Michelsen, executive vice president for Statoil’s Exploration & Production Norway business area. “Today we operate a field where 65% of the total output is gas. A whole new era in Statfjord’s history has begun
Petrobras announced the discovery of oil and gas in ultra-deep waters in the Central Gulf of Mexico, in the U.S., via its Petrobras America Inc. subsidiary, based in Houston, Texas. The discovery was made via the Stones # 3 well, drilled to perform the exploratory assessment of the Stones discovery, which is operated by Shell and located in Block WR 508, in ultra-deep Walker Ridge Quadrant waters. Petrobras America Inc. holds a 25% stake there
Camcon Technology unveiled a new technology application designed to increase the volume of oil that can be recovered from the world's reservoirs as well as reduce operating costs. Developed specifically for the oil and gas industry, the Camcon Intelligent Gas Lift configuration is part of Camcon binary actuator Technology (BAT). The application aims to enhance the recovery of oil from reservoirs by introducing gas injection management capabilities to improve extraction flow
Statoil’s drilling of the Skinfaks South well in the North Sea has been completed and the estimated volume is between 1.9 and 6.9 million barrels of oil equivalents. This is the fourth infrastructure-near discovery in the Gullfaks area in a 10 month period. Light oil has been confirmed in Middle Jurassic reservoir rocks (Brent group) and a 80 metre high column in good-quality reservoir rocks. "We are currently evaluating how this discovery can be connected to the existing
An exploration well and a sidetrack currently being completed by Statoil near Gullfaks South have yielded the third discovery made in the Gullfaks licence so far this year. This confirms yet again that infrastructure-led exploration is important and yields highly commercial finds which can be brought on stream quickly,” says Tom Dreyer, exploration head for the northern North Sea. “We regard the area around Gullfaks South as prospective and the find confirms our faith in the area
Senator Durbin, Illinois Lt. Governor Simon, Members of Congress Hold Meeting with Stakeholders/Army Corps of Engineers/Coast Guard; Carlyle Reservoir Release Occurs, Rock Pinnacle Work to Begin Today; Modest Water Still Needed from Missouri River to Avoid Effective Shutdown of Nation’s Busiest Water Transportation Artery Senator Richard Durbin held a meeting in Alton, Illinois, with Members of Congress, Illinois Lieutenant Governor Sheila Simon
cut 08Sep_Mariner468 Mariner field illustration (Photo Courtesy www.statoil.com) cut 08Sep_Mariner225b Peter Mellbye, Statoil’s executive vice president for Development and Production International. (Photo Courtesy www.statoil.com) The concept chosen for the Mariner heavy oil project on the UK continental shelf includes a production, drilling and quarter (PDQ) platform based on a steel jacket, with a floating storage unit (FSU).
Petrobras CEO, Maria das Graças Silva Foster – named one of the world’s 100 most influential people by Time magazine in 2012 – will be a keynote speaker for the New Frontiers roundtable at Nor-Shipping’s Agenda Offshore conference on June 5.
OilCareers.com and Expro reveal industry shift to permanent positions OilCareers.com has released statistics suggesting that staff roles offered by employers in the Gulf of Mexico have increased almost sixteenfold in the last three years.
Global leaders in the oil and gas industry will descend on the U.K. for an annual technical day organized by Reservoir Group member company Kirk Petrophysics. Experts from across the field will lead the discussions at the event, which is being held at the firm’s newly expanded Core Center
Statoil and partner Petoro have proven additional resources in the Shetland Group/Lista Formation in the Gullfaks license. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Brent Group where the
Rising energy demand from Asia Pacific countries is a key factor driving the growth in regional offshore oil and gas exploration and production (E&P) activities. In response to this, The Royal Norwegian Embassy in Singapore, Innovation Norway in alliance with DNV and Norwegian Business
Waterways Council, Inc.’s (WCI) Executive Committee has endorsed two Senate waterways bills introduced by Senator Dick Durbin (D-IL): “Mississippi River Navigation Sustainment Act” (S. 565) and “Water Infrastructure Now Public-Private Partnership Act” (WIN P3) (S
Gas production has begun from the Rhyl gas field in Morecambe Bay, helping to secure the future of 400 North West jobs and boost energy security for the U.K. The Rhyl field, located 39km off the coast of Barrow, was first discovered in 2009 and is wholly owned and operated by Centrica Energy
Louisiana Gulf Coast Oil Exposition (LAGCOE) appointed its 2013 officers, according to LAGCOE Executive Director Angela Cring. Kirby Arceneaux has been named 2013 LAGCOE Chairman. Since 2001, Arceneaux has been an active contributor to the success of LAGCOE
ABB won a $26m order to supply electrical power and propulsion systems for two next generation ‘Ramform’ vessels, capable of three-dimensional (3D) seismic data acquisition for deep sea resource exploration. The ships will be constructed by Mitsubishi Heavy Industries
Norway-based TGS will commence the Europe 2013 acquisition season with two 3D multi-client surveys in the Norwegian Barents Sea. The two surveys, both supported by industry funding, involve the Finnmark Platform 2013 (FP13) covering 3,500 km2 and the Hoop to Fingerdjupet 2013 (HF13) covering 8
Offshore Solutions expand its Offshore Access System (OAS) operations in Qatar with another contract. Offshore Solutions BV (OSBV), the joint venture between AMEC and Cofely Nederland NV, continues to build on recent successes in The Gulf, after being awarded a Variation Order (VO) to its
Offshore Solutions BV (OSBV), the joint venture between AMEC and Cofely Nederland NV was awarded a Variation Order (VO) to its existing contract with Qatar Shell GTL Limited (Shell Qatar) for a second Offshore Access System (OAS), bringing its operational units with oil and gas majors in the
IOS InterMoor AS, an Acteon company, contracted by Eni Norge to provide two complete mooring spreads in the Goliat Oilfield. The contract is for the provision of general mooring equipment services, including equipment rental, service and repair, and personnel for mooring operations
Just as the nation averted the fiscal cliff, it looks as if the inland waterways industries narrowly escaped its own fiscal waterfall. At press time, the U.S. Army Corps of Engineers indicates that, despite record low water levels, the Mississippi River will be able to sustain navigation through
Baker Hughes Incorporated announce the international offshore rig count for January 2013 was 307, up 8 from the 299 counted in December 2012. The count is unchanged from the 307 counted in January 2012. The average U.S. offshore rig count for January 2013 was 53