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Offshore Drilling & Completion: Australia & New Zealand

Australian research aims to reduce pipeline, drilling costs

Australia has invested heavily in the oil and gas industry but with increasing capex and ever-increasing demand, the country is focusing heavily on R&D to help mitigate costs while continuing to attract foreign investment to exploit its oil and gas reserves. Australian researchers have pinpointed three areas in which costs can be decreased through innovation and new technology.

Analysts forecast steady deepwater growth

Brazil will account for 32% of deep and ultra-deepwater capex worldwide between now and 2018, according to a report from Infield Systems.

Hakuryu 11 jackup mobilizes to Gobi-1 well

Nido Petroleum Ltd. announced that the Hakuryu 11 jackup has mobilized to the Gobi-1 well location, offshore Republic of Indonesia.

AWE updates Bohai Bay exploration drilling

ROC Oil Co. Ltd has updated the current exploration drilling activity for block 09 /05 in the western Bohai Bay basin offshore China.

Whio-1 to be P&A’d offshore New Zealand

Cue Energy Resources Ltd. reports the Whio-1 well has reached TD of 9,265 ft (2,824 m) in the Paleocene Farewell formation in the Taranaki basin offshore New Zealand.

Santos confirms discovery in Browse basin offshore Australia

The Lasseter-1 exploration well offshore Western Australia in Browse basin has discovered gas and condensate.

Apache establishes new oil play offshore Western Australia

Apache Corp. has discovered a potentially large oil field in the Canning basin offshore Western Australia.

AWE updates global offshore projects

AWE Ltd provided its 2Q 2014 production and development update.

Apache hits gas at Phoenix South-1

Carnarvon Petroleum Ltd. reports that gas and indications of associated liquid hydrocarbons were observed in the Phoenix South-1 well, offshore Western Australia.

OMV spuds exploration well in Maari area offshore New Zealand

The semisubmersible Kan Tan IV has spudded the Whio-1 exploration well for operator OMV New Zealand in the PEP 51313 permit.

Webcasts

You're stuck at 24K feet in 6,500 feet of water. What now?

Join us to learn about a revolutionary advance in free-point technology that can identify a stuck point 50% faster with single trip operation: ...
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Improving the Design of Subsea Riser Systems

Join us on October 7 for a 30-minute live webinar, where experts from Intel, Cray and Altair will discuss a high-performance computing (HPC) soluti...

Advanced AUV Upgrades for Pipeline Inspection and GeoHazard Surveys

Pipeline inspection surveys with an ROV have historically been lengthy and costly. Forthis webcast, C & C Technologies will demonstrate how its...

Accelerate Exploration Data Access With Flash Storage

This webinar, sponsored by HGST, will explore the interfaces, server appliances, integration and configuration of flash storage, consider the advan...
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