Deepwater ///

Pacific to sell stake in Santos basin blocks to Karoon

Pacific Exploration & Production has reached an agreement to sell its 35% working interest in five concession agreements—S-M-1101, S-M-1102, S-M-1037, S-M-1165 and S-M 1166—in Brazil’s Santos basin to Karoon Gas Australia.

Add Energy, Trendsetter boost well kill injection rates

Add Energy and Trendsetter Engineering have combined their expertise in well control engineering and equipment design to develop the Relief Well Injection Spool (RWIS).

How actual nuts and bolts are bringing down oil prices

Last spring, Statoil announced it had used the same oil well design and components to drill three reservoirs for the price of one.

Chet Morrison Contractors partners with OEM on riser project

Chet Morrison Contractors’ (CMC) Deepwater Riser Services division recently completed work on a complex deepwater riser maintenance project for an offshore drilling rig that included complete disassembly, blast, paint and reassembly of 57 risers.

HPHT keynote presents DeepStar initiative aimed at deepwater technology development

World Oil’s annual HPHT Drilling, Completions & Production Conference got underway this morning with keynote speaker Greg Kusinski, of Chevron ETC.

Shell Canada strikes out in Shelburne basin

Shell Canada, operator of the Shelburne basin joint venture exploration project, has advised that the drilling of the first exploration well has been completed and is non-commercial.

At $500 million a pop, it’s a gamble that has no precedent

In a far corner of the Caribbean Sea, one of those idyllic spots touched most days by little more than a fisherman chasing blue marlin, billions of dollars worth of the world’s finest oil equipment bobs quietly in the water.

Anadarko buys deepwater Gulf assets from Freeport for $2 billion

Anadarko Petroleum Corp. agreed to buy Gulf of Mexico oil assets from Freeport-McMoRan Inc. for $2 billion and said it will use revenue generated by the offshore wells to develop its U.S. oil fields on land.

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.

Murphy, Petronas, Sierra said to plan deepwater Mexico oil bid

Murphy Oil Corp., Petroliam Nasional Bhd. and Sierra Oil & Gas are in talks to form a group that would bid jointly for the first opportunity in more than seven decades to independently operate offshore fields in Mexico’s deep Gulf waters, a person with direct knowledge of the plan said.

Deepwater woes eclipse shale upturn in Schlumberger’s dimmer view

Schlumberger is expecting the situation to get worse for its drilling business in the third quarter as further deterioration in deepwater work around the world overshadows an uptick in U.S. shale plays.

GustoMSC introduces new harsh environment semisubmersible series

GustoMSC has launched a new harsh environment semisubmersible series—the OCEAN-HE.

Seadrill profit beats estimates as debt restructuring looms

Seadrill, the offshore drilling company controlled by billionaire John Fredriksen, beat earnings estimates after slashing costs while continuing talks with creditors.

Exxon, Chevron, Hess said to be in joint bid for Mexican oil

Exxon Mobil Corp., Chevron Corp. and Hess Corp. have agreed to bid together for rights to drill for crude in Mexico’s deepwater oil areas, according to a person with direct knowledge of the plans.

Drilling contract awarded to Frigstad Shekou drilling rig

A drilling contract has been awarded to the Frigstad Shekou, which is the first of two ultra deepwater semisubmersible drilling rigs, which were ordered by Frigstad Deepwater Ltd in December 2012.

Coring tool retrieves 71 sidewall core samples in one run

Aleksandar Milankovic, Ricardo Senne, Pablo E. Coronado, Halliburton

A high recovery rate and world record helped Petrobras achieve objectives, while saving 24 hr of deepwater drillship time, as well as operational costs.

Technip, DOF Subsea joint venture takes delivery of PLSV Skandi Açu

Technip and DOF Subsea’s 50/50 owned joint venture, TechDof Brasil AS, has taken final delivery of the pipe-lay support vessel (PLSV) Skandi Açu, the companies said Tuesday.

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.

Rotating solid expandable liner solves issues in high-angle directional wells

Roy Baker, Enventure Global Technology

The use of solid expandable liners is increasing; however, the perception remains that they are viable in limited applications. Yet, changes to the expandable connection and expansion assembly have enabled a liner to be rotated, to reduce the risk of stuck pipe when running tubulars in a directional wellbore.

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.