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Deepwater Drilling
by Peter Aird
Latest Headlines

OPEC & Non-OPEC advise oil supply may exceed demand in 2019
The Joint Ministerial Monitoring Committee of OPEC and non-OPEC producers have warned global oil supply could rise above requirements...

ConocoPhillips to sell last of its North Sea assets
(11/18/2018) ConocoPhillips has advised that it will be calling for bids by yearend for the sale of its remaining assets in the UK sector of the North Sea...

Aibel awarded FEED contract for Equinor's Gudrun Phase 2
(11/18/2018) Aibel has been contracted to provide front-end engineering and design for the water injection project in Phase 2 of the Gudrun Field development...

Linde awarded 7th & largest LNG plant in China
(11/18/2018) The Linde Group has been awarded a contract by Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale liquefied natural gas plant...
BOEM weighing enviro effects of Beaufort Sea leasing
(11/18/2018) The US Interior Department's Bureau of Ocean Energy Management has advised its Environmental Impact Statement will analyze the potential effects...

Expro wins 4-year contract extension for BP's Shah Deniz 2 Project
(11/16/2018) Expro has been granted a contract extension of four years for Azerbaijan's BP-operated Shah Deniz Stage 2 Project in the South Caspian Sea...
Questerre expands its Kakwa core acreage in Alberta
(11/16/2018) Questerre Energy has completed a major expansion of its core acreage in the Kakwa area in west-central Alberta with the acquisition of 34 sections...

Williams and Brazos Midstream to enter into a joint venture
(11/16/2018) Williams Companies and Brazos Midstream have agreed to form a joint venture in Texas' Delaware Basin with Williams contributing its Delaware Basin assets...

Point Resources planning 21-well Norway field redevelopment
(11/16/2018) Point Resources has advised that plans are underway to redevelop the Balder and Ringhorne Fields in the Norwegian sector of the North Sea...

Anomaly in Sole export pipeline from field to shore
(11/16/2018) Cooper Energy has reported the new 65-km Sole pipeline from the Sole Field off Victoria, Australia to the onshore Orbost gas plant has an anomaly...

Inpex ships 1st liquefied petroleum gas from Darwin Ichthys LNG Project
(11/16/2018) Inpex Corporation has reported that the first shipment of liquefied petroleum gas has left its Ichthys LNG Project in Northern Territory, Australia...

Pemex's Abkatun-A2 platform sails from McDermott's Mexico yard
(11/16/2018) McDermott International has dispatched the Petroleos Mexicanos PB-Abkatun-A2 oil and gas production platform from its fabrication yard in Altamira...

US rotary rig count higher by 1 rig this week
(11/16/2018) Baker Hughes has reported that the US rig count increased by one rig this week to take the total working rotary rigs to 167 more than at this time last year...

Phillips 66 donates to Red Cross for California fires relief
(11/16/2018) Phillips 66 has pledged a donation to the American Red Cross to aid in recovery efforts following the devastation left by fires across California...
New Zealand Kohatukai-1 fails to find viable gas reserves
(11/16/2018) New Zealand Oil & Gas has revealed that the Kohatukai-1 exploration well onshore New Zealand's Taranaki Basin has failed to find economically viable gas...

ACCC clears way for Santos' Quadrant Energy acquisition
(11/16/2018) Santos has advised that the Australian Competition & Consumer Commission has decided not to oppose its acquisition of Quadrant Energy...

Armour awarded Queensland's Roma Shelf Surat Basin license
(11/16/2018) Queensland's Department of Natural Resources, Mines & Energy has notified Armour Energy that it is the preferred tenderer for Area PLR201718-2-4 on the Roma Shelf, in the Surat Basin...

CBM resources upgraded at India's Raniganj South Block
(11/15/2018) Great Eastern Energy Corporation has reported an upgrade in its coalbed methane resources at its Raniganj South Block onshore West Bengal India...

Talos contracts McDermott for Mexico's Zama development project
(11/15/2018) McDermott International has been contracted by Talos Energy to provide concept and engineering services for the Zama Field development off Mexico...

Encore's 1st horizontal Berea well in Kentucky successful
(11/15/2018) Encore Energy has successfully drilled its first horizontal Berea oil exploration well in Lawrence County, Kentucky on the JD Hardin Lease...

Azinor Catalyst achieves oil discovery with Agar-Plantain well
(11/15/2018) Azinor Catalyst has reported making an oil discovery with its Agar-Plantain exploration well in the UK sector of the North Sea, Block 9/14a, license P1763...

Chevron donates $1 million to California wildfires relief
(11/15/2018) Chevron has announced a contribution of US$1 million from the Chevron Global Community Fund to the American Red Cross in support of relief efforts...

PGS to sell seismic acquisition vessel Ramform Sterling to JOGMEC
(11/15/2018) Petroleum Geo-Services has offered to sell the seismic survey source vessel Ramform Sterling to Japan Oil, Gas and Metals National Corporation...

Santos & Shell JV win 400 sq km Queensland gas acreage
(11/15/2018) Santos and Shell Australia have been awarded Queensland's PLR201718-2-5 license covering some 400 sq km in the Surat and Bowen Basins...

Faroe fails to find hydrocarbons with Rungne well in Norwegian North Sea
(11/14/2018) Faroe Petroleum has reported its operated Rungne exploration well in the Norwegian North Sea failed to encounter significant hydrocarbons...

PGS sells OptoSeis to Geospace for $25 million
(11/14/2014) Petroleum Geo-Services has sold its fiber optic permanent reservoir monitoring solution, OptoSeis, to Geospace Technologies for US$25 million...
Tecnicas Reunidas awaded Adnoc's Bu Hasa Field upgrade & expansion
(11/14/2018) Abu Dhabi National Oil Company has allocated US$1.4 billion to upgrade and expand its Bu Hasa Field onshore Abu Dhabi south of the capital city...

Whitebark & Point Loma JV to drill 2 high impact wells in Alberta
(11/14/2018) Whitebark Energy has reported its joint venture with operator Point Loma Resources will spud two high impact exploration wells on jointly held acreage...

Lukoil completes 2nd Yury Korchagin Caspian Sea well, drilling 3rd
(11/14/2018) Lukoil has completed construction of the second production well from the wellhead platform on the Yury Korchagin Field in the Russian Caspian Sea...

PGS picks up $75 million contract for 3D shoot off South America
(11/14/2018) Petroleum Geo-Services has revealed that it has received a contract for a new 3D seismic acquisition offshore South America from an undisclosed client...

Tallgrass holding open season for Pony Express Pipeline
(11/14/2018) Tallgrass Energy has announced a binding open season for its Tallgrass Pony Express Pipeline for crude oil transportation from Guernsey, Wyoming...

IEA predicts 45% demand growth for natural gas to benefit Australia
(11/14/2018) The APPA has advised that forecasts by the International Energy Agency confirm global demand for natural gas will surge over the next 20 years...

Oil Search drilling appraisal of Muruk-1 discovery in Papua New Guinea
(11/14/2018) Oil Search has reported the commencement of drilling of the Muruk-2 appraisal of the Muruk-1 discovery onshore Papua New Guinea...

Wolf launches open season for Texas Midland Basin Red Wolf oil pipeline
(11/14/2018) Wolf Midstream Partners has launched a binding open season to solicit shipper commitments for a new crude oil pipeline servingthe Midland Basin...
Eni takes 25% stake in Abu Dhabi's Ghasha Concession
(11/14/2018) Abu Dhabi National Oil Company has awarded a 25% interest in the company's giant Ghasha Concession in the UAE sector of the Persian Gulf...

Enbridge resumes limited British Columbia gas pipeline transmission
(11/13/2018) Enbridge has completed repairs to the ruptured 36-inch natural gas pipeline and has begun the process of bringing it back into service...

Dunquin South wellsite survey off Ireland to precede exploration well
(11/13/2018) Providence Resources has reported that the operator Eni Ireland and partners in Ireland's FEL 3/04 license have approved a wellsite survey...

GE to sell up to 20% holding in Baker Hughes for about $4 billion
(11/13/2018) General Electric has decided to sell as much as 20% or around 101 million shares from its holding in Baker Hughes for approximately US$4 billion...
BP putting Egypt's West Nile Delta fields on production
(11/13/2018) Egyptian Minister of Petroleum Tarek el-Molla has advised today that BP will commence production at its two gasfields in the West Nile Delta Project...

Petroamazonas drilling G-48 well in Ecuador's Guanta Field
(11/13/2018) Ecuador's government-owned Petroamazonas Exploraccion y Produccion has begun drilling the G-48 well in the Guanta Field in Sucumbios Province...

KrisEnergy drilling Montha-1 in Gulf of Thailand
(11/13/2018) KrisEnergy has commenced drilling operations in its Montha-1 exploration well in the Gulf of Thailand with the Mist jackup rig...

Wood awarded major contract extension for Adnoc's Upper Zakum Field
(11/13/2018) Abu Dhabi National Oil Company has awarded a multimillion dollar contract extension to Wood Group for the Upper Zakum UZ750 Project...

Bass Oil to acquire North Madura Block offshore Java, Indonesia
(11/13/2018) Bass Oil has entered into a heads of agreement to acquire 100% interest in the North Madura Block in the coastal shallow waters north of Java...

SeaBird acquires CGG's seismic vessel Geowave Voyager
(11/13/18) SeaBird Exploration has taked possession of the seismic acquisition vessel Geowave Voyager, purchased from CGG for US$17 million...

ABB wins $79 million Bab Field upgrade contract in Abu Dhabi
(11/13/2018) ABB has been awarded a US$79 million contract by China Petroleum Engineering & Construction for the upgrade of Abu Dhabi's Bab Field...

ProPetro purchases Pioneer Natural Resources pressure pumping unit
(11/13/2018) ProPetro Holding has agreed with affiliates of Pioneer Natural Resources to acquire its pressure pumping assets for US$400 million cash and stock...

Spirit Energy to drill wildcat off Norway near Oda Field
(11/12/2018) The Norwegian Petroleum Directorate has granted Spirit Energy Norge a drilling permit for a wildcat well to be drilled in production license PL405...

Eland's Elcrest sub granted renewal of OML40 off Nigeria
(11/12/2018) Eland Oil & Gas subsidiary Elcrest Exploration & Production Nigeria has received consent to its renewal of Elcrest's participation...

Eni selling stake in Egypt's offshore North Sinai Noor Block
(11/12/2018) Ente Nazionale Idrocarburi and Mubadala Petroleum have agreed to the sale to Mubadala of interest in Eni's Noor North Sinai Block offshore Egypt...

Novatek wins Yugo-Leshchinskiy license in Siberia
(11/12/2018) Novatek has won rights to survey, explore, and produce the Yugo-Leshchinskiy subsoil license area on the Gydan Peninsula in Russia...
Petrobras bring Brazil's Buzios Field area 2 into production
(11/12/2018) Petroleo Brasileiro has begun production of oil and natural gas in the Buzios 2 area of the pre-salt sector of Brazil's Santos Basin via the P-75...

TGS & AGS link for North Sea MC OB node projects
(11/12/2018) TGS Nopec Geophysical had established a strategic collaboration with Axxis Geo Solutions for multi-client ocean bottom node projects...

 For more headlines, select from OGI Departments at top left
From the Editor

Rigs for recycling dumped in India, Bangladesh, Pakistan

Dev George
Managing Editor

Up to 80% of offshore drilling rigs, platforms, FPSOs, and allied vessels end their days in India, Bangladesh, and Pakistan, with most others seeing their final existence end in Turkey and China. With their numbers growing significantly as the aging fleet is replaced with newer versions of them, even more offshore units are to be decommissioned, with most of them to be cut up and recycled and only a few finding another purpose, including as a seafloor coral habitat...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
Crude climbs higher again today after volatile trading

(11/15/2018) Traders at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) sent crude oil futures slightly higher today as they found indications that the Organization of the Petroleum Exporting Countries will agree to reduce their output at their meeting next month in Vienna...⇒⇒⇒
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