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  • Volume 79, Issue 1

    1901offdata Z02
    Production

    OPEC+ production cuts will not be enough

    Jan. 2, 2019
    OPEC+ will need to stay 700,000 b/d below its agreed targets of 31.8 MMb/d through 2019 to bring a recovery in Brent prices to the $70 level, according to analyst Rystad Energy...
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    Geosciences

    Multi-client surveys highlight opportunities offshore Africa

    Jan. 2, 2019
    CGG has worked in Africa for more than 85 years. From the first surveys in Gabon and Tunisia in the early 1930s, to today’s massive offshore 3D multi-client surveys, the company...
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    Drilling & Completion

    Producing wells declining in the shallow-water Gulf of Mexico

    Jan. 2, 2019
    In the fourth part of this five-part series on Gulf of Mexico well trends, producing and idle wells in the shallow water and deepwater are examined.
    Paganie
    Regional Reports

    New opportunities boost offshore market outlook

    Jan. 2, 2019
    A new offshore is taking shape. Offshore oil and gas exploration and production activity appears to be on pace for steady, incremental growth for the foreseeable future as operators...
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    Field Development

    Virtual reality provides springboard for rebounding offshore capital

    Jan. 2, 2019
    Digitalization has emerged as a powerful lever for helping oil and gas operators reduce costs and improve efficiencies amid the low-price environment. This is particularly the...

    More content from Volume 79, Issue 1

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    Field Development

    Integrated supplier-led solution improves deepwater project economics

    Jan. 2, 2019
    In the industry’s quest to maintain profitable oil and gas developments, adopting an integrated supplier-led solution (SLS) is becoming a key component. It introduces opportunities...
    1901offvall Z01
    Drilling & Completion

    OCTG workover risers in deepwater: An alternative solution to drill pipe

    Jan. 2, 2019
    Designing a pipe and connection for the highly critical workover/completion/landing riser harsh environment involves satisfying both difficult service conditions and stringent...
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    Production

    Remote metrology now available ‘on demand’

    Jan. 2, 2019
    Zupt LLC recently completed its latest remote metrology in the Gulf of Mexico. According to the company, the timeline of the latest job was different than previous operations ...
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    Drilling & Completion

    Artificial intelligence improves real-time drilling data analysis

    Jan. 2, 2019
    Well delivery may be the mother of all exploration processes. Since Colonel Drake’s first commercial oil well in Pennsylvania 150 years ago, drilling has been one of the most ...
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    Drilling & Completion

    Wide-ranging environmental factors impact offshore moorings design

    Jan. 2, 2019
    Chains and connectors for mooring systems are not ‘standard’ products. Operational issues vary widely depending on the offshore location and the design must take varying factors...
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    Production

    Mobile command center enhances inspection capabilities

    Jan. 2, 2019
    AviSight has recently unveiled its proprietary C3UBE Command Center. This mobile command center enables unmanned Beyond Visual Line of Sight (BVLOS) data collection and near real...
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    Production

    Clock Spring introduces zero-emission gasket

    Jan. 2, 2019
    Clock Spring Company, Inc., has expanded its product line with the introduction of the patented Full Metal Gasket, which it says delivers a permanent, zero-emissions, non-leaking...
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    Equipment Engineering

    Industry advances managed pressure drilling solutions

    Jan. 2, 2019
    Oilfield equipment providers and downhole service firms are raising the bar for managed pressure drilling (MPD) technologies and systems. These new technologies will be of considerable...
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    Drilling & Completion

    Exploration returning offshore Mozambique with prospect of oil in emerging plays

    Jan. 2, 2019
    Recent analysis of sea surface oil slicks and new 2D seismic data suggest the elements are in place for a major offshore oil play in the Mozambique Channel and East Zambezi basin...
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    Field Development

    Anti-Two Block system reduces risk of dropped loads

    Jan. 2, 2019
    Over the years, the offshore and marine industry has witnessed multiple crane incidents and dropped loads due to two-block collisions. To address this problem, Keppel LeTourneau...
    (Courtesy Shell)
    The Dover discovery was drilled by the Transocean Deepwater Poseidon ultra-deepwater drillship.
    Drilling & Completion

    Operators make handful of important deepwater discoveries in 2018

    Jan. 1, 2019
    The outlook for deepwater drilling in the Gulf of Mexico has been slowly improving over the past year. The number of drilling rigs in the Gulf is up by four, from 19 to 23, compared...
    Content Dam Os En Articles Print Volume 79 Issue 1 Departments Data Worldwide Offshore Rig Count And Utilization Rate Leftcolumn Article Thumbnailimage File
    Drilling & Completion

    Worldwide offshore rig count and utilization rate

    Jan. 1, 2019
    The offshore rig market has improved somewhat in September, erasing most of the decline suffered over the last couple months.
    Content Dam Os En Articles Print Volume 79 Issue 1 Departments Business Briefs Business Briefs Leftcolumn Article Thumbnailimage File
    Company News

    Business Briefs

    Jan. 1, 2019
    The latest personnel changes and company news for the offshore oil and gas industry.
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    Field Development

    Boom in US offshore wind to boost America’s energy suppliers

    Jan. 1, 2019
    Six East Coast states – Massachusetts, New York, New Jersey, Rhode Island, Connecticut and Maryland – are proceeding with firm plans for almost 10 GW of OSW by 2030. Analysis ...
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    Field Development

    Floating production market outlook strengthens

    Jan. 1, 2019
    The floating production market outlook continues to strengthen, making this the third year in a row that more than 50% of survey respondents expressed positive sentiment (somewhat...
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    Field Development

    The upturn is now

    Jan. 1, 2019
    What a wild ride it has been. In our view, major industry changes were needed – collaboration, cooperation, and standardization to name a few. And customers have awoken to the...
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    Field Development

    Offshore is back – and shallow water is no exception

    Jan. 1, 2019
    The offshore industry weathered the storm of low oil prices by cutting costs and sanctioning fit-for-purpose scopes. Now with the worst of the downturn behind, the industry appears...
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    Field Development

    Shah Deniz 2 marks starting point for the Southern Gas Corridor

    Jan. 1, 2019
    The BP-led Shah Deniz consortium started up the Shah Deniz Stage 2 project in the Azeri sector of the Caspian Sea on June 30, 2018. The $28-billion project is the first subsea...
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    Production

    UAVs bring offshore inspection into the digital age

    Jan. 1, 2019
    As the oil and gas industry increasingly prioritizes digital innovation, many operators have yet to fully embrace asset integrity data as a means to drive decision making, optimize...
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    Field Development

    World’s largest spar platform opens deepwater production offshore mid-Norway

    Jan. 1, 2019
    Equinor and its partners commissioned the world’s largest spar platform, and the first to feature production/storage of condensate, for the deepwater Aasta Hansteen development...
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    Drilling & Completion

    Shell’s Kaikias achieves reduced cycle time, lower costs

    Jan. 1, 2019
    Shell has demonstrated what is possible in terms of lower costs and reduced cycle times with its Kaikias project in the deepwater Gulf of Mexico. In May, the company announced...
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    Field Development

    Offshore Wind Energy

    Jan. 1, 2019
    The US Department of Interior and the Bureau of Ocean Energy Management (BOEM) completed what it described as the nation’s eighth and highest grossing competitive lease sale for...
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    Drilling & Completion

    Drilling & Production

    Jan. 1, 2019
    Rystad Energy forecasts $210 billion expenditure globally on offshore oilfield services in 2019, as 100 new projects potentially go forward. This follows four consecutive years...
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    Vessels

    Vessels, Rigs, & Surface Systems

    Jan. 1, 2019
    Saipem has contracted Damen Verolme Rotterdam to upgrade the Saipem 7000’s DP-3 system. DEME’s offshore installation vessel Orion was successfully launched at the COSCO Qidong...
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    Field Development

    Subsea Systems

    Jan. 1, 2019
    Woodside Energy and its partners have awarded the subsea FEED contract for Phase 1 of the SNE oil field development offshore Senegal to the Subsea Integration Alliance. Siemens...
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    Drilling & Completion

    Gulf of Mexico

    Jan. 1, 2019
    Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project...
    Production

    Will divided government chill the offshore energy industry?

    Jan. 1, 2019
    Recovery for the offshore world has been slow, inconsistent, uneven and long awaited. If slow and steady wins the race, 2018 pointed to an upsurge in offshore activity in 2019...
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    Drilling & Completion

    Offshore Europe

    Jan. 1, 2019
    Equinor and its partners have approved major investments to extend the lives of the Troll, Gudrun, and Vigdis fields in the North Sea.
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    Subsea

    Subsea vessel/equipment spending set to rise

    Jan. 1, 2019
    Westwood’s latest market forecast estimates total subsea vessel operations and hardware expenditure globally of $152 billion during 2019-2023.