deepwater

Mexico’s historic public tender for its deepwater real estate resulted in the awarding of eight out of 10 blocks on offer.

Successful rejuvenation of two declining fields was enabled through innovation in both engineering and procurement strategy.

The sharp downturn in the offshore oil business has sparked interest in using subsea pumps to add production. If those conversations turn into orders, it may convert this rarely used option into a commonly used tool for extending the life of offshore fields.

Offshore exploration will be slow to come back as companies have delayed billions in projects through 2020. Exploration projects also must complete for funds with brownfields developments like EOR that potentially provide a shorter time to show a return.

For deepwater development, panelists at OTC emphasized the need for scalable technology, the standardization and simplification of projects, patient capital investment in innovation, greater collaboration, and new perspectives coming from outside the industry.

A panel discussion at the 2016 OTC in Houston focused on the factors that influence deepwater developments, the scenario for the future, and the opportunities available within the industry. One key question asked was: What oil price is required to keep deepwater viable over the long term?

A 2-year comprehensive effort to design, test, manufacture, and deploy a new high-pressure completion tubular for Chevron’s deepwater Gulf of Mexico (GOM) operations is presented.

A new method for accessing and cementing hard-to-reach spaces around complex offshore wells.

The BC-10 asset, located in deep water offshore Brazil, produces heavy oil in the range of 16 to 24 °API. In this article, two examples of production optimization for this field will be provided (further examples are available in the complete paper).

This paper evaluates the feasibility of a number of production- and export-riser configurations for ultradeepwater applications.