U.S. Offshore ///

Service companies exposed to shale seen as winners of OPEC deal

Up to $15 billion in increased spending will flow into the non-OPEC shale market in 2017, according to a new analysis from Rystad Energy. This incremental change comes after OPEC’s decision to cut production by 1.2 MMbpd.

Subsea Integration Alliance awarded deepwater integrated EPCIC contract by Murphy E&P

Subsea Integration Alliance has announced the industry’s first deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting system award.

BP to add second platform to the supergiant Mad Dog field

BP has sanctioned the Mad Dog Phase 2 project in the U.S., highlighting its long-term commitment to the country despite the current low oil price environment. Mad Dog Phase 2 will include a new floating production platform with the capacity to produce up to 140,000 gross bopd from up to 14 production wells. Production is expected to begin in late 2021.

Jacobs wins Shell contract for Gulf of Mexico platform

Jacobs Engineering Group has been awarded a contract from Shell Offshore for its Vito host project in the Gulf of Mexico.

Talos Energy brings Tornado discovery online

Talos Energy has announced initial production from the Tornado exploration project in Phoenix field in the Gulf of Mexico. The field is located in Green Canyon Blocks 236, 237, 280 and 281 in approximately 2,700 ft of water.

Obama admin rules out Arctic leases in 2017-2022 OCS plan

U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Hopper have released the final plan to guide future energy development for the nation’s Outer Continental Shelf (OCS) for 2017-2022.

Energy issues

William J. Pike, World Oil

Systemic analysis shows a failure of systems to match up

Arctic Iñupiat Offshore joins campaign calling for Alaska's Arctic to remain in federal leasing plan

Arctic Iñupiat Offshore (AIO) has announced that it is joining the Arctic Coalition, a collection of 21 Alaskan and nationwide organizations that support responsible energy development in and off the coast of Alaska.

API highlights importance of Gulf seismic surveys and BOEM environmental report

Offshore Senior Policy Advisor Andy Radford today highlighted the importance of seismic surveys in the Gulf of Mexico and the potential significance of the Bureau of Ocean Energy Management’s (BOEM) recently released Draft Programmatic Environmental Impact Statement (PEIS).

BOEM to strengthen environmental cooperation with Mexico

The U.S. Bureau of Ocean Energy Management (BOEM) and Mexico’s Agency for Safety, Energy and Environment (ASEA) have signed a letter of intent to strengthen cooperation, coordination and information sharing on environmental matters related to offshore hydrocarbon activities in the Gulf of Mexico.

Dresser-Rand delivers equipment for Shell Appomattox deepwater project

The Dresser-Rand business, part of Siemens Power and Gas Division, recently delivered power generation equipment for a combined cycle power plant (CCPP) for the Shell Appomattox deepwater oil and gas floating production platform.

Port Fourchon signs agreements, plans next generation of port facilities

The Greater Lafourche Port Commission (GLPC) is moving forward with its plans to develop the next generation of deepwater port facilities at Port Fourchon, thanks to a newly signed agreement with the Edward Wisner Donation, granting GLPC a Right of First Refusal on over 900 acres of property immediately south of the port.

Schlumberger executes contract with Petronas for multi-client wide-azimuth deepwater seismic survey

Schlumberger announced today that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., has signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multi-client seismic survey in the southern Gulf of Mexico.

Turritella FPSO achieves first oil, formally on hire

SBM Offshore has announced that FPSO Turritella is formally on hire as of Sept. 2, 2016, after achieving Commencement of Commercial Production (CoCP).

Shell starts production at Stones development in the Gulf of Mexico

The Turritella FPSO vessel, which is the host facility for the world’s deepest offshore oil and gas project, started producing from the Lower Tertiary.

Shell divests Gulf of Mexico assets for $425 million

Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100% of its interest in Gulf of Mexico Green Canyon blocks 114, 158, 202 and 248, referred to as the Brutus/Glider assets, to EnVen Energy Corp., through its affiliate EnVen Energy Ventures, LLC.

Transocean Winner refloated and under tow after running aground

The Transocean Winner drilling rig that ran aground in bad weather on the Isle of Lewis nearly two weeks ago has been successfully refloated and stabilized, and is now under tow to safer waters.

Forged completion landing string addresses industry challenges

Mathieu Massines, Romain Branly, Alexandre Catry, Vallourec

A new forged completion landing string gives operators and drilling contractors the flexibility to use the same tubular string for both drilling and completion operations, without compromising performance or safety.

Halliburton introduces largest hole-size LWD density service

Sperry Drilling, a Halliburton business, has announced the release of the 9 1/2-in. Azimuthal Lithodensity (ALD) service, providing real-time density measurements and images in boreholes up to 17 1/2 in.

The last barrel

Roger Jordan, World Oil

Sowing the seeds of the next expansion