offshore

Colombia is walking a thin line between becoming another fading petroleum province and Latin America’s next big success story. Its aces in the hole: unleashing its nascent offshore and unconventional sectors.

A case study in the deepwater Gulf of Mexico in which pressure transient analysis, fractional flow, and production logging tools were integrated to identify correctly the cause of, and execute an effective remedy for, a well’s productivity deterioration.

The Hebron platform was successfully installed on the Grand Banks offshore Newfoundland and Labrador in June 2017. It consists of a single-shaft concrete gravity-based structure (GBS) supporting an integrated drilling and production topsides.

The complete paper presents and discusses the authors’ technology-development program regarding very-long oil-tieback architectures (50–100 km) and enabling technologies.

As part of an effort to evaluate existing riser systems, an operator launched an inspection and testing program to investigate risers retrieved following well abandonment after a service life of nearly 10 years in the Gulf of Mexico.

The completion of the subsea installation marks another major step for one of several projects scheduled to tie back to the Gjøa platform in the Norwegian North Sea. Production for the Wintershall Dea-operated project is expected to start up in 2021.

Following a 42-day journey from Singapore, the Liza Destiny has arrived at the Stabroek Block offshore Guyana, where it is expected to produce up to 120,000 gross boe/D from the ExxonMobil-operated deepwater project upon startup.

In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel.

The firms are now partners on multiple blocks in the North Argentina Basin.

Australia’s BHP Billiton and the recently acquired Anadarko Petroleum submitted the largest dollar totals of high bids in US Gulf of Mexico Lease Sale 253.