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Tuesday, January 23, 2018

Gas Production News

Gazprom Boosting Gas Industry in Eastern Russia

Kirinskoye onshore processing facility

The Gazprom Management Committee addressed the Company's large-scale efforts aimed at implementing the Eastern Gas Program. It was noted that the gas industry growth in Russia's East was strategically important for the socioeconomic development of eastern regions. The Company is active in expanding its resource base in eastern Russia as well as putting in place its gas production, transmission and processing capacities. A long-term balance plan for Gazprom's natural gas from the…

GOM Oil Industry Starts Comeback

Following a nearly complete shutdown of the oil and gas business in the Gulf of Mexico in the wake of Hurricane Katrina, signs indicate a comeback is starting, slow but steady. According to a Reuters report, oil and gas operations recovered slowly on Wednesday, with oil companies struggling to contact all of their workers and assess damage to rigs. Refinery progress was slow but steady. Three of eight refineries that Katrina completely shut have returned either full or partially, including Marathon Petroleum Co. LLC's large 245,000 barrels per day (bpd) plant in Garyville, Louisiana. Offshore, oil and gas production has also been on the rise after Katrina shut nearly all output.

GOM Offshore Ops Returning to Normal

Oil and natural gas production levels and the number of workers on offshore rigs and production facilities were close to or at normal levels today as offshore operations resumed after the threat of Tropical Depression No. 10 passed late last week. Workers remained evacuated from three production platforms, or 0.4 percent of the 834 manned platforms in the U.S. Gulf. All personnel evacuated from rigs have been redeployed to the 89 rigs operating in the Gulf. Approximately 19.3 percent of U.S. Gulf oil production remains shut-in, as does 8.8 percent of U.S. Gulf gas production. Estimated U.S. Gulf oil production as of April 2007 totaled 1.3 million b/d, while gas production totaled 7.7 Bcf/d at that time. [Source: http://www.energycurrent.com/index.php?print=5461]

Yuganskneftegaz Stimulates Construction of Wells at Priobskoye

Yuganskneftegaz Group Officials

Rosneft subsidiary Yuganskneftegaz officially opened two new oil and gas production units at the Priobskoye field, oil and gas production unit–22 and oil and gas production unit–23. The creation of new production units in Yuganskneftegaz is caused by intensive commissioning of producing wells after drilling, construction of multiple well platforms and infrastructure facilities. It is planned to complete 535 new wells at the Priobskoye Field during 2014, which will increase oil output by over 100 thousand tons. Production gain is provided not only by increased number of producing wells.

A.P. Moeller Hopes To Maintain 2001 Oil Production

Oil and shipping group A.P. Moeller said it hoped to maintain its record North Sea oil production in 2001 at 300,000 barrels per day (bpd). Danish Underground Consortium (DUC), in which A.P. Moeller holds a 39 percent stake, produced 1.275 million tons of oil in 2000, 10.1 percent above 1999 level, while gas production was down 3.5 percent at 6.401 billion cu. "Oil production in 2000 was in line with expectations. We hope to maintain the current production of 300,000 bpd, but it's an ambitious target," Maersk Oil & Gas deputy director Bo Wildfang told Reuters. A.P. Moller had expected its oil and gas production in 2000 to end "a little higher" than in 1999.

U.S. Oil and Gas Production Still Recovering

Oil and natural gas production from the storm-battered Gulf of Mexico continues to recover, Reuters reports. Around 727,000 barrels per day, or 48.47 percent of the Gulf's 1.5 million bpd of crude production, remained shut, along with 3.742 billion cubic feet per day, or 37.42 percent of the region's natural gas output, the report said. The complete recovery of the region's energy operations will take until the middle of 2006, about three months longer than previously estimated. Oil and gas production platforms and undersea pipelines took a severe beating from hurricanes Katrina and Rita. Since Aug. 26, hurricanes have shut more than 85 million barrels of crude production -- the equivalent of about four days of U.S. consumption. Source: Reuters

MMS Updates Activity Statistics

Offshore oil and gas operators in the are reboarding platforms and rigs and restoring production following both Hurricane Gustav and Hurricane Ike. The Minerals Management Service is monitoring activities for both hurricanes through its Continuity of Operations Plan team. This team will be activated until operations return to normal. Based on data from offshore operator reports submitted as of 11:30 a.m. CDT today, personnel are evacuated from a total of 425 production platforms, equivalent to 59.3 % of the 717 manned platforms in the . Production platforms are the structures located offshore from which oil and natural gas are produced. These structures remain in the same location throughout a project’s duration unlike drilling rigs which typically move from location to location.

Egypt to Cut Down on LNG Imports

Photo: Egyptian LNG

Egypt is planning to import 80 cargoes of liquefied natural gas during the 2017-18 financial year that began in July, down from the 118 cargoes imported last year. Reuters reported that Egypt has been trying to speed up the development of recent gas discoveries with a view to halting imports by 2019. The report quoted Petroleum Minister Tarek El Molla saying that the country was  planning to import 154 cargoes of LNG in 2016-17 but it only imported 118 cargoes because of the increase in local gas production.

MMS Reports on Ike Damage Assessments

Minerals Management Service (MMS) reports that as of September 15, 2008, 28 of the 3,800 offshore oil and gas production platforms in the have been destroyed by Hurricane Ike. Several other platforms have been reported as significantly damaged; information on those facilities is being compiled and will be released in the near term. Initial estimates are that the destroyed production platforms produced a total of 11,000 barrels of oil per day and 82 million cubic feet of gas per day. (See table below.) The damage has been reported through over flights by MMS, the oil and gas industry and the U.S. Coast Guard. Additional damage reported includes three jack-up drilling rigs destroyed and one jack-up drilling rig with extensive damage.

GOM Production to Resume Soon

While U.S. officials expect 90 percent of the Gulf oil and gas production facilities damaged by Hurricane Katrina to be back on line in less than a month, gas prices will most likely remain elevated for some time as the supply rebuilds, according to a UPI report. Four producing refineries accounting for approximately 5% of total capacity are expected to remain off line for several months, the Energy Department said. Supplies from the Gulf of Mexico provide 29 percent of U.S. domestic oil production and 21 percent of U.S. domestic gas production.

MMS: Oil Production Offshore GOM to Rise Steeply

The Minerals Management Service (MMS), Gulf of Mexico Region, released new oil and gas daily production rate projections that encompass the year 2006. According to the new report, Daily Oil and Gas Production Rate Projections From 2002 Through 2006, Gulf of Mexico Outer Continental Shelf, MMS is forecasting a daily oil production rate of between 2.00 and 2.47 million barrels by the end of 2006, and a daily gas production rate of between 10.97 and 16.39 billion cu. ft. by the end of the same year. These represent high case and low case estimates. MMS Director Johnnie Burton called the new projections "a healthy, sizeable increase in the range of possible oil production.

MMS: Oil Production Offshore GOM to Rise Steeply

The Minerals Management Service (MMS), Gulf of Mexico Region, released new oil and gas daily production rate projections that encompass the year 2006. According to the new report, Daily Oil and Gas Production Rate Projections From 2002 Through 2006, Gulf of Mexico Outer Continental Shelf, MMS is forecasting a daily oil production rate of between 2.00 and 2.47 million barrels by the end of 2006, and a daily gas production rate of between 10.97 and 16.39 billion cu. ft. by the end of the same year. These represent high case and low case estimates. MMS Director Johnnie Burton called the new projections "a healthy, sizeable increase in the range of possible oil production.

Gassing About Ukraine

Ukraine’s oil and gas production appears to have been largely unaffected by the ongoing crisis involving Russia’s annexation of Crimea and the uprising of pro-Russian separatists in the east of the country. Most of the Black Sea state’s producing gas fields are located away from the areas of unrest, therefore through geographical location have avoided disruption. However, Ukraine has lost control of its offshore deposits due to their location in Crimean waters – with the local authorities due to hand over producer Chernomornaftogaz to Russian state-player Gazprom.

BSEE Proposes to Ease Offshore Drilling Safety Rules

Image: Bureau of Safety and Environmental Enforcement (BSEE)

In response to a Presidential Order to reduce undue burden on industry, the Bureau of Safety and Environmental Enforcement (BSEE) completed a comprehensive review of the Production Safety Systems regulations. The proposed regulations will be published Friday in the Federal Register. The announcement describes the proposed revisions and invites public comment on the proposal. “I am confident that this revision of the Production Safety Systems Rule moves us forward toward meeting the Administration’s goal of achieving energy dominance without sacrificing safety,” said Director Scott A. Angelle.

NOIA: Don’t Freeze US Opportunity with Arctic Regulations

National Ocean Industries Association (NOIA) President Randall Luthi issued a statement in response to the Obama Administration’s proposed Arctic Regulations on offshore oil and gas production, stating the U.S. must take steps to become a leader in Arctic Energy. "This long anticipated rule provides at least some certainty, consistency and reliability for offshore oil and gas production in the resource-rich Arctic region. Energy exploration is a highly regulated process with a 10-20-year lead time, but even the Administration’s own EIA recognizes that the majority of our energy in that time will still come from traditional sources like oil and natural gas.

US Authorizes Non-FTA LNG Export from Golden Pass

Photo: Golden Pass LNG Terminal

The U.S. Department of Energy announced that it has signed an order authorizing Golden Pass Products LLC to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the United States. Golden Pass is authorized to export LNG up to the equivalent of 2.21 billion cubic feet per day (Bcf/d) of natural gas to any non-FTA country not prohibited by U.S. law or policy from the Golden Pass Terminal near Sabine Pass, in Jefferson County, Texas. With the dramatic increase in domestic natural gas production, the U.S.

Aker Solutions Awarded Troll extension

International oil service group Aker Solutions has been awarded a contract by Statoil to deliver three subsea trees, tubing hangers and a tool package to the Troll field on the Norwegian continental shelf. Estimated contract value is NOK 250 million. The extension is a call-off from a contract signed with Statoil in February 2012. The spare tubing hangers will be utilized on several parts of the Troll field. The Troll field is the world's biggest subsea development with regards to the number of subsea wells. Last year, Aker Solutions reached a major milestone in delivering the 100th subsea tree to the Troll field. The Troll contract awards and deliveries have helped shape and develop Aker Solutions' subsea business.

Maersk Reaches Key North Sea Tax Deal with Denmark

File photo: Maersk Oil

Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay less tax on its North Sea oil and gas activities through 2025. The deal, which has been under negotiation for months, makes it viable to redevelop the Tyra field through which 90 percent of Denmark's gas production is processed, and it is seen as crucial for the Danish company that is seeking to spin off its energy assets via a listing or merger. Maersk and its partners in the Danish Underground Consortium (DUC) -- Shell…

Russia: 2014 Crude Exports Down 4.3 pct

Novak says Russian oil output to rise 0.6 pct in 2014; Natural gas production seen down 4 pct this year. Russia's oil exports are expected to fall by 4.3 percent this year, Energy Minister Alexander Novak said on Tuesday, citing preliminary data. He said oil exports will be 229 million tonnes (4.6 million barrels per day), while natural gas production will fall by 4 percent to 641 billion cubic metres (bcm) and exports by 6.7 percent to 183.3 bcm. Russia, one of the world's top oil producers, has been cutting crude exports in recent years due to rising domestic demand and refining volumes. Novak said that crude oil output will edge up 0.6 percent to 526.6 million tonnes, in what would be a post-Soviet record high. Output may edge down to 525 million tonnes next year, he added.

Kongsberg Contracted to Support FLNG Conversion

CG drawing of the Golar Hilli after conversion (Image courtesy of Kongsberg Maritime)

Keppel Shipyard in Singapore and Black & Veatch in the U.S. have awarded Kongsberg Maritime an order for the delivery of an electrical package and safety and automation system for Golar LNG’s conversion of the ex-LNG Carrier Golar Hilli to an FLNG (Floating Liquefied Natural Gas production unit). Kongsberg Maritime’s technology will be the backbone of the Integrated Control and Safety System (ICSS) for the new FLNG. In addition to automation and control products, Kongsberg Maritime…

Offshore Spend to Rebound after 2009-10 Lows

Despite the global recession, offshore spend is expected to grow strongly – from $578b Capex and $379b Opex over the last five years to $807b Capex and $549b Opex over the period to 2013. Exploration for fresh oil & gas supplies and development of existing and newly found accumulations from ever more demanding reservoirs in new extremes of environment, are expected to drive offshore industry spends. These headline forecasts appear in the new, fully updated edition of the “World Offshore Oil & Gas Production and Spend Forecast 2009-2013” published by Douglas-Westwood and Energyfiles.

ODS-Petrodata Launches FPSbase

ODS-Petrodata, a provider of market intelligence for and about the offshore oil and gas industry, commercially launched FPSbase, a web-based tool providing data on the world's floating oil and gas production systems. FPSbase is designed to track all forms of floating production systems, including FPSOs, FSOs, TLPs, spar-shaped and semisubmersible units; and to deliver analysis of upcoming project tenders, available FPS supply, and current and future demand. The system is also designed to provide technical specifications for all working floating production systems, and projected availability for units operating on a lease basis.

Oil spill Trims U.S. Offshore Natural Gas Supply

According to a May 2 report from Reuters, the government said on May 1 that two offshore production platforms in the Gulf of Mexico were shut as a safety precaution, the first sign that the giant oil slick was affecting the region's energy production. But analysts said the location of the spill was well east and north of the heart of the region's oil and gas production, which accounts for about 15 percent of U.S. natural gas supply and 25 percent of crude oil output. (Source: Reuters)  

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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