Remember me | Forgot password
For full content view: Log in Now!
The first Floating Production, Storage and Offloading (FPSO) development is moving forward in the remote, ultra-deep waters of the US Gulf of Mexico (GOM) at Petrobras’ Cascade and Chinook Fields in the promising Lower Tertiary play, Fig. 1. FPSOs are commonly used in other deepwater provinces, but were prohibited in the GOM until recently. Their use makes sense in a frontier environment, especially from a transportation standpoint. Pipeline costs rise disproportionately as water depths increase, while shuttle tanker costs are insensitive to water depth and-to a certain extent-to distance. Wood Mackenzie has analyzed the transportation options of a hypothetical oil discovery in a remote part of the Lower Tertiary play, comparing the costs of shuttle tanker use to paying tariffs through new and existing pipelines. The shuttle tanker has a cost advantage over a pipeline when considering the full life of the field; however, the advantage is concentrated in the first half of the field’s life.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Doha - January 20-22
Cancun - January 27-29
Oslo - January 28-29
All material subject to strictly enforced copyright laws.
© 2013 World Oil. © 2013 Gulf Publishing Company.