'Frog's Leg' Proves Bountiful for Aker BP
Aker BP finds up to 153 million barrels of oil equivalents in North SeaAker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea.Known as Froskelaar (Frog's Leg) Main, the reservoir is estimated to hold between 45 million and 153 million barrels of oil equivalents, and may straddle Norway's maritime border with Britain."The drilling operation will continue…
Aker BP Makes North Sea Find
Aker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea, the Norwegian firm said on Monday.Known as Froskelaar (Frog's Leg) Main, the reservoir is estimated to hold between 45 million and 153 million barrels of oil equivalents, and may straddle Norway's maritime border with Britain, the company added."The drilling operation will continue, and a comprehensive data co
Russian President Commissions Kaliningrad LNG Terminal
Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave of Kaliningrad on the Baltic Sea. The facility includes floating storage regasification unit (FSRU) in Baltic Sea enclave.Gazprom CEO Alexei Miller said: "The floating storage regasification platform is currently moored at the receiving terminal…
30 years of Gullfaks oil - Statoil
Gullfaks was something of a final exam for Statoil – the first field where the company was both developer and operator. Since production started on 22 December 1986, 2.6 billion barrels of oil have passed the loading buoys. "Gullfaks is a prime example of the best that this industry has achieved in Norway," says Gunnar Nakken, senior vice president for the operations west cluster.
Qatar's Barzan Gas Project to Start in November
Qatar will begin operations at its Barzan gas project in November, two people close to the matter told Reuters on Sunday, as the Gulf state strives to meet rising domestic energy demand as it prepares to host the soccer World Cup in 2022. The $10 billion project, a RasGas-operated joint venture between Qatar Petroleum and Exxon Mobil, was originally expected to come online in 2014.
DNV GL Initiative Aims to Cut Well P&A Costs
Plugging and abandonment (P&A) of offshore wells represents the highest cost within field decommissioning for operating companies and national authorities. DNV GL has now issued a new, globally applicable Recommended Practice (RP), on risk-based abandonment of offshore wells which in combination with optimized project execution and new technology could potentially reduce P&A costs by 30–50%.
California Gas Well Leak Fix Draws Closer
A calamitous natural gas leak near Los Angeles is inching closer to finally being plugged after months of trial and error with different techniques aimed at sealing a foul-smelling hole that has forced thousands of residents from their homes. Southern California Gas Co, a unit of Sempra Energy, this week said it will start drilling a second relief well on Monday.
Warro-5 flows Gas Testing to Start
Transerv Energy informed that fracture stimulation work has been successfully concluded at the Warro-5 well in WA’s Mid-West. The Warro-5 and Warro-6 wells are now being completed in preparation for long term gas testing. Warro-5 stimulation operations were completed on 7th January and all the equipment is now being demobilized from site.
DNV GL's P&A Guideline Could Save O&G $ 32 bln
The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead of the current prescriptive practice.
Shell to Revisit Norway's Ormen Lange Gas Project
Oil and gas giant Royal Dutch Shell could restart work on offshore compression at its Ormen Lange gas field in Norway in the first quarter of 2016, after stopping the project in April, it said on Wednesday. Studies of the gas reservoir's behaviour have also shown that the delay in the project will not affect how much gas could be produced over the lifetime of the field…
