Field/project development
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
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Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
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This paper establishes that the use of a dual-gradient fluid column during the running of large casing in an extreme-reach deepwater well is an effective method to overcome drag and enable the casing to reach total depth.
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The authors write that by replacing outdated, labor-intensive processes with an integrated, cloud-based platform, companies can streamline planning, improve accuracy, and foster better coordination across teams and vendors.
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The authors write that deployment of artificial-intelligence-based high-gas/oil ratio well-control technology enabled stabilization of well performance and maintenance of optimal production conditions.
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In this paper, a case study is described in which a software solution enabled prescriptive optimization of well delivery using a physics-informed machine-learning approach for predictive identification and characterization of well-construction risks.
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This paper describes the integration of iterative torque/drag/buckling and hydraulic simulations for multiple tapered string combinations, the results of which guided the selection of a string configuration that deemed planned well total depths feasible.
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Hydraulic fracturing holds great potential in the region, but there are several key questions worth asking as efforts move forward.
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Saipem can begin early subsea engineering on ExxonMobil’s Longtail project in Guyana under a Limited Notice to Proceed, while the operator awaits final investment decision and government sign-off.
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Three wind projects planned to produce around 300 MW have entered the execution phase under a partnership with OMV Petrom and RNV Infrastructure.
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The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.