Oil & Gas Production: Latin America

Ultra-deepwater elephants: Giving way or marching ahead?

The OPEC resistance to reduced production quotas has spurred a continued oil price drop, following the trend from this past June. With Brent oil prices currently at $70/bbl, how robust are deepwater and ultra-deepwater developments? Will ultra-deepwater costs related to water depth, drilling time and other complexities favor the deepwater developments, or will the sheer size of ultra-deepwater elephants wrestle through to development no matter what?

Petrobras reports decrease in oil leaks

Petrobras says its total volume of leakages of oil and oil products fell by 63% last year.

Early production gets go-ahead for Búzios offshore Brazil

Petrobras has authorization to start up the early production system of well 2-ANP-1RJS on the presalt Santos basin Búzios field.

MAN compression modules fitted to Petrobras floater

MAN Diesel & Turbo has supplied two high-pressure compression modules to MODEC for Petrobras’ FPSO Cidade de Mangaratiba in the Santos basin offshore Brazil.

Petrojarl I to be converted for early production operations offshore Brazil

Teekay Offshore Partners has entered an agreement to provide an FPSO for the Atlanta field in the Santos basin offshore Brazil.

Papa-Terra marks first use of dry tree floating technology offshore Brazil

Petrobras started production from the Papa-Terra field on Nov. 11, 2013. Papa-Terra is a heavy-oil field in block BC-20 of the Campos basin offshore Brazil in 1,190 m (3,903 ft) of water. Development consists of an FPSO, the first tension leg wellhead platform in Brazil, and a tender assisted drilling unit.

BG delivers first gas from Starfish offshore Trinidad and Tobago

BG Group has produced first gas from the Starfish field in the East Coast Marine Area of Trinidad. 

Petrobras starts-up FPSO Cidade de Ilhabela

Petrobras has started production through the FPSO Cidade de Ilhabela from the Sapinhoá field in the Santos basin presalt offshore Brazil.

Presalt offshore oil drives Petrobras production to new records

Petrobras’ oil and gas production reached a new high last month of 2.795 MMboe/d, up 0.5% from September’s figure.

BG to rethink options for Jackdaw in North Sea

BG Group and its partners are delaying a sanction decision on the ultra-high-pressure/high-temperature Jackdaw project in the UK central North Sea.

 

Webcasts

Standardization of Offshore Production Systems

The EPC strategy and an update on the construction of the eight units will be presented as well as an overview of future opportunities.

Frac Smarter with Hydrocarbon Tracers

Water, Oil & Gas phase tracers applied during the hydraulic stimulation can tell you how your wellbore is producing.

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Offshore Top 5 Projects - 2014

The editors of Offshore have made their choices for the winners of the Five Star Award – the top five offshore field development projects for 2014....

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