Field/project development
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
TotalEnergies signed off for 30% operated stakes in the Lang Lebah and B14 gas fields offshore Sarawak on the sidelines of ADIPEC in Abu Dhabi, while also highlighting methane-reduction partnerships in Angola, India, and Southeast Asia.
New rules requiring Mozambique’s LNG industry to supply 25% of production to the domestic market could stabilize gas deliveries to South Africa’s Secunda industrial center as the Pande and Temane gas fields near depletion.
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YPF has followed an unconventional path up the learning curve to develop the Vaca Muerta, which could be the first big ultratight play developed outside North America. -
Añelo is a small town in an arid, sparsely populated area with a new supermarket, police station, bank, skate park, hotel, and hospital. In the past decade the population has roughly tripled to 7,000, and in 5 years, it is expected to nearly triple again to 20,000.
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After Gustavo Astie, executive manager for unconventionals at YPF, presented what he thought was an aggressive growth plan for the coming year to YPF management, he was asked: Would it be possible to go faster?
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A drive down a gravel road in the Loma Campana follows the steep early learning curve in the Vaca Muerta.
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It is easy to fixate on what it will take to extract huge volumes of oil and gas from the nearly impermeable rock within the Vaca Muerta.
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Noble Energy’s latest planned gas development offshore Israel will not only have a major positive impact on the host country but could transform energy sourcing for the region, Project Manager Brian Hogan told the SPE Gulf Coast Section International Study Group recently.
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The workflow aims to reduce the startup time of a subsea production system (SPS). A dynamic integrated model is used to adjust the scheduled SPS startup time. The model evaluates the dynamic simulation response of a large field startup by integrating a reservoir- and gathering-network model.
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Touted as the Mediterranean Sea’s largest-ever gas discovery, the “supergiant” Zohr field is expected to cover much of Egypt’s gas demand in the coming decades.
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The Hebron field off the east coast of Canada has begun production 37 years after it was discovered. Production is expected to peak at 150,000 B/D and ultimately yield about 700 million bbl of oil over the field's life.
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KBR announced it has been awarded the Concept and front-end-engineering-and-design contract by Statoil for its ground-breaking Northern Lights project to develop an onshore carbon dioxide storage terminal in Norway.
