Onshore/Offshore Facilities
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As HPHT wells push equipment to the edge of material limits, operators are turning to advanced thermoplastics and sealed electrical assemblies to maintain system integrity. From ESP insulation to BOP control systems, the right component design can prevent failures, lower intervention costs, and extend equipment life in the harshest offshore environments.
The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.
The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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Deepwater subsea tieback expected online by the end of the decade, targeting more than 300 million BOE. -
The latest phase of the Sureflex Joint Industry Project, which dates back almost 30 years, provides data-driven industry guidance relating to unbonded flexible-pipe population and damage/failure statistics, integrity management, and good practice.
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The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
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Supermajor reached a final investment decision on a two-well subsea development to be hosted by the Perdido spar platform in the deepwater Gulf of Mexico.
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The grant was awarded by the Scottish Funding Council in partnership with Scottish Enterprise to assist in developing an AI demonstrator to optimize subsea decommissioning.
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Underwater robots that can predict waves in real time could reduce the cost of producing offshore renewable energy, a study suggests.
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Permits for the East Side Cluster carbon storage project have been awarded, and participants have begun announcing final investment decisions.
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A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
![2024 SPE online article - DRAFT[4]](https://assets.spe.org/dims4/default/737227f/2147483647/strip/true/crop/850x475+0+24/resize/365x204!/quality/90/?url=http%3A%2F%2Fspe-brightspot.s3.us-east-2.amazonaws.com%2F01%2Ff6%2Fb115cfe34bbd863f2f35f13e9293%2Fhero-sureflex.jpg)
