Deepwater

Experts at Offshore Production Efficiency Workshop to help delegates maximize their production potential

May 21, 2015

More than 50 wells, reservoir, facilities and interventions experts will gather in Houston, on June 17, to identify and quantify new production optimization opportunities for wells,...

Big data needs big value to attract independents

May 5, 2015

Effective data management can mean big savings for operators, but less than a third of firms currently regard it as a priority, according to an independent report.

Offshore project management costs soar 20% in two years

May 1, 2015

The cost of project management on offshore exploration projects has risen 20% in the past two years and will rise further as operators drill more complex projects in deeper waters,...

Shell may use BG acquisition to rewrite the rules for LNG

Apr 17, 2015

Royal Dutch Shell’s $70 billion acquisition of BG, announced on April 8, will help the former to boost reserves. But the deal will also give the combined company a production pipeline...

Chauhan: GoM to remain a key market for producers

Apr 16, 2015

The Gulf of Mexico remains a key production hub for operators, offering high margin barrels. The region has benefitted from a large number of projects coming on-stream over 2014 and...

Statoil discovers oil in the Miocene Yeti prospect, GoM production increases expected through 2019

Apr 16, 2015

Statoil reported an oil discovery in the Miocene Yeti prospect at approximately 220 miles from New Orleans. Drilling was conducted with the semi-submersible Maersk Developer drilling...

Operators identify skills shortage in flow assurance

Apr 1, 2015

The oil and gas industry is facing a shortage of trained engineers as the cohort that joined the industry in the 1970s retire. This is particularly severe in the flow assurance field,...

Upstream Intelligence Brief, March 26 - April 8, 2015

Apr 1, 2015

Exxon Mobil Corporation has announced that production has begun at the Hadrian South field in the deepwater US GoM, while FMC Technologies and Techinp signed an agreement to launch...

Decreasing operational costs and financial risks through FPSOs

Feb 23, 2015

Almost 40 years have passed since Shell’s launch of the first FPSO (floating production, storage and offloading) in the Castellon Field, off the Spanish coast. Initially used as a cost...

Aqualis Offshore signs contract with Saudi Aramco

Jan 19, 2015

Aqualis Offshore has signed a three-year jack-up rig moving services contract with Saudi Aramco.

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