Marine link
 

Oil Reservoir

i-TEC Launches Revolutionary Well Technology

I_TEC.jpg

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 Secures Order For FPSO

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 and Halliburton Renew Contract

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


Statfjord Celebrates 30 Years on Stream

Photo courtesy Statoil

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


Maersk Taking $1.7b Charge on Brazil Assets

Full-year underlying profit guidance unchanged; writedown raises questions over company's oil strategy. Danish oil and shipping group A.P. Moller-Maersk moved to shrink its Brazilian petroleum operations on Tuesday, selling its stake in its only producing Brazilian oilfield and saying it will write off $1.7 billion of investments in the country. The write-off affects two exploration areas, Itaipu and Wahoo, which failed to deliver on oil volume expectations, and the Polvo field


Cairn Confirms Successful Senegal Appraisal

The results help to confirm the overall scale and extent of the resource base in Senegal and further appraisal activity is expected to lead to future revision of the estimates. Courtesy Cairn Energy

  Cairn informed that the successful testing of the SNE-2 appraisal well offshore Senegal with positive results. Operations have been safely and successfully completed following drilling, coring, logging and drill-stem testing (DST). The well is now being plugged and abandoned. Following this first successful appraisal well, resource estimates for the SNE field will be fully revised and  announced after the results of the further appraisal activity


New Technology from Camcon

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


Petrobras Hits in Deepwater GOM

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


Another discovery in the Gullfaks area

This is the fourth infrastructure-near discovery in the Gullfaks area in a 10 month period.

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


OPTION Attracts New Partner for Oil Recovery

This Project combines novel technologies and recent scientific discoveries with the ambition of creating a game changer in the oil field

  OPTION (Optimizing Oil Production by Novel Technology Integration) aims to significantly improve simulation tools for the prediction and control of the flow between the horizontal wells and the reservoir – with a focus on enhancing oil recovery. As part of their investment in the project, DONG Energy will contribute with the complete subsurface dataset from the Siri and Stine fields, located in the Danish sector of the North Sea.


Damen Ships Modular Dredger to the Andes

Photo: Damen

Reservoirs are notoriously tricky to maintain: from the surrounding area plenty of sand and silt is brought in by the river and the material deposits at the dam. As reservoirs are usually rather deep, dredging can be quite a challenge. For the Tablachaca dam in Peru another challenge was added;


Culzean Wellhead Jacket and Access Deck Set Sail

Heerema Fabrication Group (HFG) has completed the project for the Culzean Wellhead jacket and Access Deck for client Maersk Oil. April 13 at Heerema Vlissingen, the Netherlands the Wellhead jacket and April 11 at Heerema Hartlepool, U.K. Wellhead Access Deck set sail to their final destination:


Statoil Launches New Subsea Concept

Cap-X Image by  Statoil

 Norwegian oil major Statoil presented a new subsea concept that is designed to reduce cost and increase efficiency. The concept is called Cap-X.   The  concept was presented by Margareth Øvrum, executive vice president for technology, projects and drilling in Statoil.


Highest-Pull Wireline Conveyance System from Schlumberger

The MaxPull high-pull conveyance system deploys wireline tools in any well trajectory more efficiently while reducing sticking risk.

Schlumberger announced today the launch of the MaxPull high-pull wireline conveyance system that can pull from 18,000 lbf to 30,000 lbf in wells 40,000 ft [12,192 m] deep or more. The MaxPull system’s engineered integration of wireline conveyance components brings efficiency


China, Russia in Sea of Japan Joint Military Drills

China and Russia will hold joint naval and air defence drills in the Sea of Japan, China said on Thursday, the latest exercises between the two countries which could concern Japan, involved in a marine dispute with China to the south. The manoeuvres also come as the United States ramps up


Shell Arctic Drilling "Risky"

Photo: N. Scott Trimble / Greenpeace

 Former BP PLC Chief Executive John Browne said fellow FTSE 100 giant Royal Dutch Shell PLC is risking its long term reputation and finances by deciding to drill n the Arctic, the BBC reported.   But the CEO of Royal Dutch Shell says he decided to drill for oil off the coast of Alaska


The FPSO Cost Discussion

Packed with “optimized technology”: The ENI FPSO at tow-out from its Korean yard.  Credit: Courtesy Eni Norge

At first, the oil-price and project-cancellation forecasts had hushed the audience at FPSO Europe Congress 2015. Speaker No. 1 had delegates looking at each other for signs of fear. Then, rival contractors — veterans of many a bitter tender — piled on the logic of their own methods for


Largest Underwater CO2 Release from Pipeline - DNV GL

Pipeline DNV GL

  Carbon capture, utilisation and storage (CCUS) is gaining momentum to meet stringent climate change goals and secure energy supplies for the future. To fully understand the environmental and safety implications associated with the development of CO2 pipelines


Bibby Offshore Clinches BP Contract

Howard Woodcock Photo Bibby Offshore

  Bibby Offshore, a leading subsea services provider to the oil and gas industry, has been awarded a multimillion pound contract by BP to replace subsea infrastructure in the Central North Sea.   The work is part of the $1billion Eastern Trough Area Project (ETAP) Life Extension


OTC Names 2016 Award Winners

The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston.   As part of the OTC Distinguished Achievement Awards Luncheon, the conference will recognize Robert (Don) Vardeman of Anadarko Petroleum


Intertek Enhances Sample Cylinder Service

Intertek has enhanced its sample cylinders services with the aim of providing further cost savings for clients.   Sample cylinders are used by offshore chemists to transport live crude, gas and water samples from offshore to onshore laboratories for testing


Offshore Brazil: Production Starts at FPSO Unit

FPSO Cidade de Paraty image (CG) Photo NYK

In February, a second floating production, storage, and offloading (FPSO)* unit deployed by NYK for the BM-S-11 consortium through a joint venture company started oil production in a pre-salt area off Brazil.   This FPSO unit, FPSO Cidade de Marica


Schlumberger, Cameron Merger Complete

Park Towers South Houston Texas headquarters of Cameron

Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14.44 in cash, in exchange for each Cameron share


Cegal Launches Blueback ODiSI

Petrel ODiSI The technology was originally developed solely by BP Image by Cegal

Cegal today announced the release of Blueback ODiSI - an innovative One Dimensional Stochastic Inversion method.   Blueback ODiSI produces high-quality images of reservoir property estimates and associated uncertainties.   According to Sara Grant, Geophysicist, BP


Damen Delivers Reservoir Dredge Package

Barracuda in action - Algeria Photo Damen

The Damen Field Service crew has just returned from commissioning the Barracuda cutter suction dredger in Algeria. The customised Damen Cutter Suction Dredger (CSD) 500 has been delivered with a complete dredging package including a booster station and dredge piping enabling immediate start up






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