Table of Contents

Offshore Magazine

Volume 75, Issue 7
  • Departments

    • Comment

      • Construction market in flux

        As witnessed in past cycles, drilling contractors and fabrication yards alike are facing the daunting task of managing an oversupply of rigs, while demand for their services is weakening.

    • Data

    • Global E&P

      • GLOBAL E&P

        Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

    • Offshore Europe


        Demand for well services in UK waters held steady last year, according to a report by industry association Oil & Gas UK.

    • Gulf of Mexico


        Prompted by the ongoing reform of Mexico's oil and gas market, a number of oilfield service providers have begun to ramp up their E&P activities in the Mexican portion of the GoM.

    • Subsea Systems


        After having to move its Big Foot platform to sheltered waters from its current location 225 mi (362 km) south of New Orleans in the US Gulf of Mexico in May due to subsea installation tendon damage, Chevron Corp. reported damage to additional units.

    • Vessels, Rigs, & Surface Systems

    • Drilling and Production

      • Placing oil prices in perspective

        As oil hovers at the $60/bbl level, it is interesting to take a look at the long-term effects the downcycle may have on companies, nations, and the market in general.

    • Geosciences


        In addition to the CGG GeoSoftware update noted with the accompanying screen shot, there are a number of other new geophysical software advances made available over the last few weeks.

    • Regulatory Perspectives

    • Business Briefs

    • Beyond the Horizon

    • Offshore Automation Solutions

      • Safety lifecycle management can prove challenging for upstream assets

        Even though mandated by functional and process safety standards such as ISA-84 and ISA/IEC 61511, many automation and safety instrumented systems (SIS) vendors do not provide safety lifecycle management software that extends beyond the initial work performed to commission the SIS logic solver.

  • Geology & Geophysics

  • Drilling & Completion

  • Engineering, Construction & Installation

  • Production Operations

  • Equipment & Engineering

    • New wellhead system designed for HP/HT environments

      With the higher loads encountered in high-pressure/high-temperature (HP/HT) environments due to large BOPs, taller capping stacks, new rigs, etc., existing industry equipment is reaching its limit and the manufacturing sector is developing the next-generation technology, says Jim Kaculi, vice president - engineering at Dril-Quip.

  • Latin America Report

    • Mexico issues final model for shallow-water PSC

      On June 9, 2015, the Mexican National Hydrocarbons Commission (CNH) published the latest model production-sharing contract (the PSC) for the first phase of Mexico's Round One bid process relating to 14 contract areas located in the shallow waters of the Gulf of Mexico.

    • E&P activities heat up offshore Colombia

      Colombia has seen a dramatic increase in oil production in recent years following a period of steady decline.

    • Falklands wells extending Sea Lion oil play

      Exploration off the Falkland Islands got off to a flying start earlier this year, with two oil discoveries in the first two structures drilled by the semisub Eirik Raude in the North Falkland basin.

    • Corruption investigations into Petrobras muddy offshore waters

      Offshore oil and gas operations in Brazil remain confused as governmental investigations into allegations of corruption at Petroleo Brasileiro SA (Petrobras) continue while drilling and production successes mount.

  • Rig Report

Trending News

IHS paints gloomy picture for oil prices ahead

Jul 31, 2015

With oil production from the US, Saudi Arabia, Iraq, and to some degree Russia rising in the face of declining prices, and with output from Iran looming on the market, IHS Energy sees another drop in per barrel prices as possible.

Offshore photo of the day

Mexico to postpone deepwater auction, revise bid terms

Jul 31, 2015

Officials with the Mexican government have indicated that it will postpone auctions for deepwater oil exploration and production contracts, and adjust the terms of upcoming tenders, according to reports from Reuters and the Financial Times. 

INPEX to drill offshore Japan in 2016

Jul 31, 2015

The Agency of Natural Resources and Energy of the Ministry of Economy, Trade and Industry of Japan has commissioned INPEX Corp. to drill one exploratory well for its “Heisei 26~28 Domestic Offshore Drilling Program in Japan.” 

Dragados completes giant Mariner field jacket

Jul 31, 2015

The jacket for Statoil’s Mariner project was loaded out recently from Dragados Offshore’s yard in southwest Spain.

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