Schlumberger: Deep water, E&P to drive earnings Schlumberger Ltd.’s top executive expects robust world oil and gas activity, especially deepwater exploration and development outside the
Trang 25 NEWSLETTER 10 LETTERS / CALENDAR 12 JOURNALLY SPEAKING 14 EDITORIAL 26 EQUIPMENT
27 STATISTICS 29 MARKETPLACE 31 EDITOR’S PERSPECTIVE / MARKET JOURNAL 26 ADVERTISERS’ INDEX
Jan 31, 2011 | Volume 109.5International Petroleum News and Technology | www.ogj.com
Visit our video library www.ogj.com/index/video.htmlCLICK TO VIEW VIDEO
GENERAL INTEREST
roles in European fuels future
BOEMRE split, advisory panel
Nick Snow
Iraq gas-condensate find
24 E X P L O R A T I O N / D E V E L O P M E N T B R I E F S
Saudi Arabia going nuclear
to be ‘major’ energy
sources by 2030
The global fuel mix will continue to diversify,
with increased emphasis on alternative energy
until by 2030 “for the first time nonfossil fuels
will be major sources of supply growth,” said
analysts at BP PLC
to renew call to repeal
oil tax exemptions
Nick Snow
US President Barack Obama urged Congress
to financially support clean energy and other
innovative technologies in his 2011 State of the
Union address Repealing billions of dollars
in federal oil tax exemptions would be a good
place to start, he suggested
policies may stymie production
Nick Snow
2001-06 model year cars, trucks
Nick Snow
Where wild lands are
In the video below, ExxonMobil Corp discusses its multi-zone stimulation technology (MZST) and how this breakthrough research and technology is being used in the Piceance basin Video from ExxonMobil.
Trang 3A d v a n c i n g R e s e r v o i r P e r f o r m a n c e
to an Eagle Ford operator’s drilling plan
An Eagle Ford operator was losing valuable time waiting for frac-water tanks to fill to required volumes, forcing a substantial reduction in the drilling plan The operator considered drilling five new frac-water supply wells, at a cost of USD 1.25 million, to solve this problem
Baker Hughes had a better idea We installed a high-volume Centrilift electric submersible pumping (ESP) system and tripled the frac-water supply well production rate Downtime between completions dropped from 50 to 17 days A second Centrilift ESP on another water-supply well quadrupled its production rate and cut completion wait times to less than 12 days The operator regained its original drilling plan and scheduled to add 36 more wells per year
To learn how we can help you produce more profits from your shale operations, contact your Baker Hughes representative or visit us online You’ll find that partnering with us to maximize the value of your Eagle Ford assets is a very good idea
Trang 4PennWell, Houston offi ce
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Trang 6International News for oil and gas professionals
For up-to-the-minute news, visit www.ogjonline.com
Jan 31, 2011
GENERAL INTEREST Q U IC K TA K E S
Ecopetrol, Talisman acquire BP’s Colombia assets
Ecopetrol SA and Talisman Colombia acquired BP Exploration
Co Ltd for $1.75 billion and renamed the company Equion
Energia Ltd
Ecopetrol owns 51% interest of Equion and Talisman owns
the remainder Equion consists of all assets and business
for-merly owned by BP’s Colombia subsidiary
John A Manzoni, Talisman president and chief executive
officer, said, “Talisman looks to build a strong production base
in Latin America over the next 3 to 5 years We look forward to
deepening our strategic relationship with Ecopetrol.”
Equion produces 90,000 boe/d of which it has direct
own-ership of 27,000 boe/d Equion reports proved and probable
reserves of 94 million bbl
Schlumberger: Deep water, E&P to drive earnings
Schlumberger Ltd.’s top executive expects robust world oil and
gas activity, especially deepwater exploration and development
outside the US, will drive strong 2011 earnings for his company
and for oil service providers in general
Andrew Gould, Schlumberger chairman and chief executive
officer, recently told investors and analysts that he believes oil
prices have moved into a range that will encourage operators to
increase worldwide exploration investments
Schlumberger reported fourth-quarter profit of $1.04
bil-lion, or 76¢/share, compared with $795 million or 65¢/share
for the same period the previous year Last year, Schlumberger
closed its $10.8 billion acquisition of drilling fluids provider
Smith International
“While we do not anticipate a return to pre-Macondo
ac-tivity levels in deepwater US Gulf of Mexico in 2011, we do
expect a marked increase in deepwater activity in the rest of
the world,” Gould said of the April 2010 blowout of BP PLC’s
Macondo well off Louisiana and subsequent oil spill
Gould anticipates increased development activity and
pro-duction enhancement worldwide “promise stronger growth
rates as the year unfolds.”
During a Jan 21 conference call, Gould said it’s possible
Schlumberger’s first-quarter 2011 earnings could be lower than
fourth quarter 2010 earnings because of various factors,
includ-ing seasonality in the Russian market and North Sea weather
For natural gas, demand recovery has been less marked Increased supply of both US unconventional gas and of LNG worldwide will limit gas price increases, he said
“Nonetheless, activity in the United States is likely to remain strong—at least through the first half of the year—due to the commitments necessary to retain leases, the backlog of wells
to be completed, and the contribution of natural gas liquids
to overall project economics,” Gould said “Increased service capacity, however, will negatively affect pricing at some stage during the year.”
Worldwide, he said the governing factor on gas activity, ticularly in the Middle East, will be the ability of many nations
par-to use gas as a substitute for oil par-to meet increased local energy demand, thus freeing up more liquids for export
Gould also expects that unconventional gas resources will continue to attract interest outside the US and Canada
“The leading activity will continue to be gas in tight, or low permeability, reservoirs, and in coalbed methane develop-ments,” he said “There will be exploration activity around the potential that shale gas offers in many other parts of the world.”
Halliburton’s profits climb on liquids-rich shale plays
Halliburton Co said higher drilling activity in oil and ral gas shale plays boosted its fourth-quarter earnings, more than offsetting declines in revenue from restrained interna-tional markets and suspended deepwater activity in the Gulf
natu-of Mexico
During a Jan 24 conference call, Halliburton reported fourth-quarter net income of $605 million, or 66¢/share, com-pared with $243 million, or 27¢/share, for the same period the previous year
“Our United States land operations experienced continued improved profitability,” said David Lesar, Halliburton chair-man, president, and chief executive officer “The increase in horizontal drilling and activity in liquids-rich plays continued
to drive service intensity.”
Meanwhile, Halliburton reported a decline in its Gulf of Mexico revenue and income following the April 2010 blowout
of BP PLC’s deepwater Macondo well off Louisiana and the sequent oil spill in the gulf
sub-“We continue to believe that prospects for a recovery in the
Trang 7Jan 19 Jan 20 Jan 21 Jan 24 Jan 25
Jan 19 Jan 20 Jan 21 Jan 24 Jan 25
Jan 19 Jan 20 Jan 21 Jan 24 Jan 25
Jan 19 Jan 20 Jan 21 Jan 24 Jan 25
Jan 19 Jan 20 Jan 21 Jan 24 Jan 25
Jan 19 Jan 20 Jan 21 Jan 24 Jan 25
WTI CUSHING / BRENT SPOT
NYMEX NATURAL GAS / SPOT GAS - HENRY HUB
IPE GAS OIL / NYMEX HEATING OIL
NYMEX GASOLINE (RBOB)1/ NY SPOT GASOLINE2
IPE BRENT NYMEX LIGHT SWEET CRUDE
PROPANE - MT BELVIEU /BUTANE - MT BELVIEU
1 Reformulated gasoline blendstock for oxygen blending
2 Nonoxygenated regular unleaded
Jan 10 Feb 10 Dec 09 Mar 10 Apr 10 May 10 Jun 10 Jul 10 Aug 10 Sept 10 Oct 10 Nov 10 Dec 10
1,000 800
1,400 1,600 1,800
1,200
400 600
200
BAKER HUGHES INTERNATIONAL RIG COUNT: TOTAL WORLD / TOTAL ONSHORE / TOTAL OFFSHORE
3,900 3,600 3,300 3,000 2,700 2,400 2,100 1,800 1,500 300 0
3,226 2,898
328
Note: End of week average count
BAKER HUGHES RIG COUNT: US / CANADA Note: Monthly average count
621
12/11/09 11/20/09 12/4/09 12/18/09 1/1/10 1/15/10 1/2210 11/6/09
12/25/09
1,713
12/24/10 1/7/11 1/21/11 10/29/10
11/13/09 11/27/09 11/12/10 11/26/10 12/10/10
11/19/10 12/3/10 12/17/10 12/31/10 1/14/11
495 1,282
1/8/10
US INDUSTRY SCOREBOARD — 1/31
Motor gasoline 8,962 8,789 2.0 8,795 8,671 1.4 Distillate 3,727 3,660 1.8 3,592 3,719 –3.4 Jet fuel 1,438 1,375 4.6 1,467 1,290 13.7 Residual 484 471 2.8 395 432 –8.6 Other products 4,902 4,503 8.9 4,861 4,575 6.3
TOTAL PRODUCT SUPPLIED 19,513 18,798 3.8 19,110 18,687 2.3
Supply, 1,000 b/d
Crude production 5,488 5,480 0.1 5,376 5,450 –1.4 NGL production 2 2,047 2,132 –4.0 2,057 2,082 –1.2 Crude imports 8,788 8,454 4.0 8,951 8,718 2.7 Product imports 2,450 2,581 –5.1 2,700 2,671 1.1 Other supply 2, 3 2,304 1,798 28.1 2,222 1,659 33.9 TOTAL SUPPLY 21,077 20,445 3.1 21,306 20,580 3.5
Crude 22.8 22.4 1.8 23.8 –4.2 Motor gasoline 25.4 24.6 3.3 25.9 –1.9 Distillate 44.5 43.0 3.5 42.9 3.7 Propane 28.8 32.8 –12.2 25.8 11.6
Light sweet crude ($/bbl) 90.05 91.03 –0.98 80.07 9.98 12.5 Natural gas, $/MMbtu 4.60 4.46 0.14 5.61 –1.01 –17.9
1 Based on revised figures 2 OGJ estimates 3 Includes other liquids, refinery processing gain, and unaccounted for crude oil 4 Stocks divided by average daily product supplied for the prior 4 weeks 5 Weekly average of daily closing futures prices.
Source: Energy Information Administration, Wall Street Journal
Trang 8Oil & Gas Journal | Jan 31, 2011 7
Gulf of Mexico will remain uncertain through the first half of
2011 and perhaps the full year,” Lesar said “However, I believe
it is prudent to maintain all of our infrastructure and most of
our headcount in anticipation of a rebound in the gulf.”
Halliburton’s gulf strategy could result in continuing losses
there until the rig count recovers, Lesar noted For 2011, he
expects US and Canadian operators will continue investing in
unconventional oil and gas
“Development of these resources requires expansive well
programs resulting in longer-term contracting arrangements
for some services,” he said “We continue to expect that we can
improve prices in select basins where the demand for our
inte-grated services is robust.”
For instance, one customer plans to increase the length of
its laterals in the south Texas Eagle Ford play to 10,000 ft
com-pared with 6,000-ft laterals that it is currently drilling, Lesar
said
Halliburton reported improved results in Norway, West
Af-rica, Iraq, and Algeria, Lesar said He expects activity increases
to continue in those markets despite a traditional first-quarter
decline for international earnings
“We continue to win significant additional awards in Iraq,”
he said Halliburton plans to double the number of workers it
has in Iraq to 1,200 this year
“The improving oil consumption demand levels combined
with the industry’s declining spare capacity provides a more
favorable outlook for oil services and technologies in 2011 and
beyond,” he said Halliburton plans to invest in technology and
to expand its manufacturing capacities as a result
Cairn soldifies position off West Greenland
Cairn Energy PLC, which plans to drill as many as four
explor-atory wells off western Greenland in 2011, will maintain 10-12
potential well locations in a variety of operating environments
and geological settings for as long as possible
The company will pick which prospects to drill in May 2011
Cairn continues to evaluate the results of its 2010 three-well
exploratory drilling campaign on the Sigguk Block in the Disko
Bay area The wells found biogenic and thermogenic gas and oil
but not significant target reservoir rocks Geochemical
evalua-tion has now identified three oil types
The Alpha-1S1 exploratory well has been suspended to
al-low possible reentry to sidetrack or deepen The T8-1 and T4-1
exploratory wells have been plugged and abandoned
The company has secured the dynamically positioned Leiv
Eiriksson semisubmersible and the Ocean Rig Corcovado
drill-ship for the 2011 drilling season
Cairn plans to shoot 3D seismic off Greenland this year,
subject to approvals Two 3D seismic survey vessels are
expect-ed to be contractexpect-ed to acquire as many as five 3D surveys in
different areas
The company shot more than 15,000 km of 2D seismic on
the Eqqua, Ingoraq, Napariaq, Pitu, Sigguk, and offshore south Greenland blocks in 2010, bringing its total 2D seismic data base in Greenland to more than 30,000 km
Cairn now holds 102,000 sq km off Greenland, equivalent
to 15 quadrants in the UK North Sea
The government has confirmed Cairn as operator of the ammik and Lady Franklin blocks, and Cairn has acquired the 47.5% interest held by Encana Corp The entitlement interests are Cairn operator with 87.5% and Greenland’s Nunaoil 12.5% The blocks are usually free of sea ice year-round
At-Cairn was awarded the Ingoraq, Napariaq, and Pitu blocks
in the December 2010 Baffin Bay bid round Shell, Statoil, GDF, Conoco-Phillips, and Maersk also won blocks in the round (see map, OGJ, Jan 3, 2011, p 71)
Total adds discoveries off Congo (Brazzaville)
Total SA notched two more oil discoveries on its Moho-Bilondo license off Congo (Brazzaville), boosting its confidence that a second development hub is emerging as a direct extension of the producing first phase in the southern part of the license
The Bilondo Marine 2 and 3 wells, in 800 m of water in the central part of the license 70 km off the coast, follow the suc-cessful Moho Nord Marine 1 and 2 exploratory wells drilled in 2007
Bilondo Marine 2 and 3 went to 1,800 m in the Tertiary series and flowed successfully at undisclosed rates They cut 77
m and 44 m, respectively, of gross reservoir, and neither well encountered water
This first phase, brought on stream in 2008, was the first tradeepwater field developed in Congo (Brazzaville) That field
ul-is making 90,000 b/d from 13 subsea wells tied into a ing production unit The oil is shipped to the onshore Djeno terminal
float-Total E&P Congo is operator with 53.5% interest in the cense Chevron Overseas Congo Ltd has 31.5%, and Soc Na-tionale des Petroles du Congo has 15%
li-Brazil Santos post-salt light oil find gauged
Petroleo Brazileiro SA (Petrobras) and Karoon Gas Australia Ltd found 38° gravity oil and associated gas in the Tertiary post-salt section at the Maruja-1 exploratory well on the BM-S-
41 concession in the Santos basin off Brazil
Karoon said Petrobras achieved an equipment-constrained flow rate of 6,142 stb/d through a 5/8-in choke during the clean-up flow period In the 24-hr main flow period, the high-porosity Oligocene sandstone reservoir stabilized at 4,675 stb/d
of oil and 800 Mcfd of gas on a 1∕2-in choke with 1,050 psia flowing wellhead pressure
Test interval at the well is 2,201.5-2,210 m Total depth is 3,789
m The wellsite is 16 km southeast of the Petrobras Tiro and Sidon discoveries, which are on extended well test in similar geology
Petrobras operates the block with an 80% stake, while roon holds a 20% stake subject to approval by Brazil’s Agencia Nacional do Petroleo
Trang 9Ka-8 Oil & Gas Journal | Jan 31, 2011
Analyst IHS Global Insight said Petrobras earlier indicated it
hopes the new find can form part of a new production pole in
the southwestern Santos basin along with the Caravela, Cavalo
Marinho, Coral, Tiro, and Sidon discoveries
Petrobras announced the Maruja find last November when it
said it discovered light oil in sandstone reservoirs in an
explor-atory well in Block S-M-1352 of the BM-S-41 concession (OGJ
Online, Nov 16, 2010)
DRILLING & PRODUCTION Q U IC K TA K E S
CNOOC orders Liuhua 4-1 subsea equipment
China National Offshore Oil Corp (CNOOC) placed an $85
million order with FMC Technologies Inc for the manufacture
and supply of subsea production equipment for the Liuhua 4-1
oil field development in the South China Sea
Liuhua 4-1 field lies in 850-1,000 ft of water about 130 miles
from Hong Kong and 150 miles from Shenzhen FMC expects
equipment deliveries to commence in this year’s fourth quarter
Intecsea, a unit of WorleyParsons Group, described the
Li-uhua 4-1 development as having eight subsea trees clustered
around a central manifold and an 11-km pipe-in-pipe flowline
tying back to the existing Liuhua 11-1 field, which has a Sedco
700 submersible production unit and a floating production,
storage, and offloading vessel
Both the Liuhua 11-1 and the Liuhua 4-1 have low reservoir
pressure and require downhole electric submersible pumps for
artificial lift Each Liuhua 4-1 well will have dual ESPs, with
one pump in standby mode Switching from one pump to the
other will be done remotely Three 5 kv power cables will
sup-ply power to the ESPs
Intecsea said Liuhua will have a permanently moored
drill-ing rig available to service the wells Control, monitordrill-ing, and
chemical injection will be via a 14-km umbilical The control
system is electrohydraulic
First oil from the field is expected in 2012, according to
In-tecsea
Chevron to expedite Platong Gas II project in Thailand
To meet Thailand’s rapidly growing demand for natural gas,
Chevron Corp hopes to begin production at the $3.1-billion
Platong Gas II project in the Gulf of Thailand later this year
“With gas demand in Thailand growing by 13% in 2010, we
are working to accelerate Platong II’s progress towards first gas,”
said Jim Blackwell, president, Chevron Asia Pacific Exploration
& Production Co
“The need to accelerate is very much understood,” said Joe
Geagea, managing director of Chevron Asia South, who joined
Blackwell and other officials at a “sail away” ceremony for
Pla-tong II’s central processing platform
“This is something that is very much needed for the
econo-my,” said Geagea, adding, “We’re getting close to putting this on
a big barge and…getting it online as soon as we can.”
Built by McDermott International, the platform will increase
Thailand’s gas production more than 10% from its current 2.89 bcfd
Analyst IHS Global Insight noted Chevron in March 2008 approved the launch of construction for the Platong II project, which it said would be completed by this year’s first quarter
Last April Chevron announced the project was 49% plete, but its launch date had been revised to 2012
com-“The cause of the project schedule revision is unclear but could potentially have been caused by uncertainties about Thailand’s gas demand in the immediate aftermath of the fi-nancial crisis,” IHS Global Insight said
Meanwhile, Chevron last month said its gas sales to PTTEP PCL for 2010 were 20% higher than contracted as solid eco-nomic growth generated stronger demand, particularly from the electricity and industrial sectors
Chevron Thailand Exploration Pres Pairoj Kaweeyanun said PTT last year took average gas delivery of 1.5 bscfd from Chevron, compared with 1.24 bscfd stated in its contract
Kaweeyanun said Thailand’s gas demand will likely rise 12% to 4.5 bcfd this year, and 3-5% next year
Chevron is operator of Platong Gas II with a 69.8% stake while Mitsui Oil Exploration Co Ltd holds 27.4% and PTTEP has 2.8%
Albanian gas-condensate field to be developed
Albania’s Ministry of Economy, Trade, and Energy formally proved development of Delvina gas-condensate field in south-ern Albania
ap-The approval allows Stream Oil & Gas Ltd., Calgary, to enhance production and sell petroleum products under state Albpetrol’s existing license for 25 years with 5-year extension increments
Delvina, near the border with Greece and 100 miles south of Tirana, was discovered in 1987
Two wells yield a combined 700 Mcfd of gas and 47 bbl/MMcf of 62.5° gravity condensate from fractured Cretaceous-Paleogene carbonates at 2,800-3,500 m A pipeline connects the field to a refinery in the Tirana area
Stream’s 2011 plan includes reworking the two existing wells and preparing to drill a horizontal well Management is preparing to evaluate NGL potential upside, future horizontal well plans, and NGL development
PROCESSING Q U IC K TA K E S
Hovensa plans partial shutdown of St Croix refinery
Hovensa LLC reported plans to shut down certain processing units on the west side of its 500,000-b/cd refinery at St Croix,
US Virgin Islands The shutdown will reduce the facility’s crude distillation capacity to 350,000 b/cd, with no impact on the ca-pacity of its coker or fluid catalytic cracking unit, the company said
The reconfiguration will be completed in this year’s first quarter, Hovensa said
Trang 10Oil & Gas Journal | Jan 31, 2011 9
The company also is in the process of determining its
work-force needs going forward, it said In the interim, the
compa-ny reported, it “has placed an immediate hold on filling most
open positions and cancelled the 2011 turnarounds previously
scheduled for west side units that will be shut down.”
Hovensa Interim Chief Operating Officer John W George
said, “Simplifying our operation by eliminating some older,
smaller process units is expected to result in improved
efficien-cy, reliability, and competitiveness This is an important step
toward improving our performance at a time when Hovensa
and the refining industry are facing difficult economic
condi-tions.”
Hovensa is jointly owned by Hess Corp and Petroleos de
Venezuela SA (PDVSA)
Bulgarian refinery to add hydrocracking units
Burgasnefteproekt EOOD, OAO Lukoil’s engineering
subsid-iary, has let a contract to Technip, Paris, for the first phase
of a heavy residue hydrocracking complex to be built at the
115,240-b/cd refinery in Burgas, Bulgaria, along the Black Sea
The lump sum services contract is worth 70 million euros It
covers detailed engineering and procurement services for a 2.5
million ton/year residue hydrocracker based on Axens H-Oil
process, as well as amine, sour water stripper, and hydrogen
production units
Technip’s operating center in Rome will execute the
con-tract Completion is set for May 2013 The group successfully
completed the front-end engineering design contract for the
project Burgas is Bulgaria’s only refinery
TRANSPORTATION Q U IC K TA K E S
TransCanada proceeds with Cushing-to-GC oil line
TransCanada Corp will proceed with its Cushing Marketlink
crude pipeline project, having received sufficient market
sup-port in the project’s open season Cushing Marketlink will have
capacity to move 150,000 b/d from Cushing, Okla., to the US
Gulf Coast TransCanada expects the project to be in service
first-quarter 2013, subject to regulatory approval
TransCanada concluded its open season for the Bakken
Marketlink Project to deliver US-sourced crude from Baker,
Mont., to Cushing, Okla., earlier this month (OGJ Online, Jan
21, 2011) Both Bakken Marketlink and Cushing Marketlink
will use pipeline facilities forming part of TransCanada’s
Key-stone XL system Combined the two projects will transport up
to 250,000 b/d of US crude oil production to the Gulf Coast
Copano to build Eagle Ford NGL pipeline
Copano Energy LLC entered into a long-term fractionation and
product sales agreement with Formosa Hydrocarbons Co Inc
and, to facilitate deliveries of mixed NGLs to Formosa, also
formed a 50-50 joint venture with a subsidiary of Energy
Trans-fer Partners to construct, own, and operate a 12-in OD NGL
pipeline (Liberty Pipeline)
Liberty Pipeline will extend about 83 miles, from Copano’s Houston central gas processing complex in Colorado County, Tex., first to Formosa’s leased NGL product storage facility in Matagorda County, Tex., and then to Formosa’s petrochemical facility in Calhoun County, Tex
The agreement provides Copano with up to 37,500 b/d firm fractionation services beginning first-quarter 2013 for a term of
15 years The agreement also provides that Formosa will chase the resulting NGL products and make product storage available to Copano for operational reliability
pur-Following completion of Liberty Pipeline, expected by mer of this year, and until additional facility improvements at Formosa are complete, Copano will have access to a minimum
sum-of 5,000 b/d sum-of existing Formosa fractionation capacity, as well
as additional capacity on a “space available” basis
Liberty Pipeline will have initial capacity of 75,000 b/d, committed to Copano and Energy Transfer (50% each) under firm agreements Copano and Energy Transfer will together invest about $52 million for the pipeline and related facilities
Copano said the agreements would increase its total Eagle Ford NGL handling capacity to more than 80,000 b/d
Eagle Ford Gathering LLC (EFG), a joint venture of Kinder Morgan Energy Partners LP and Copano, earlier announced plans to construct 85 miles of 24-in and 30-in OD pipeline to move natural gas produced in the Eagle Ford shale by SM En-ergy Co from La Salle, Dimmit, and Webb counties in Texas to the Freer compressor station in Duval County, Tex., for trans-port on KMEP’s Laredo-to-Katy (LK) pipeline The LK line will
in turn transport gas to Copano’s Houston Central complex
Chesapeake Energy reached 10-year agreements in cember 2010 with Enterprise Products Partners LP providing Chesapeake with gas transportation, processing, and NGL pro-cessing and fractionation services for its Eagle Ford production
De-Ireland approves Corrib gas line’s onshore segment
Ireland’s planning authority, An Bord Pleanala (ABP), has granted permission for construction of the 9-km, 20-in OD onshore segment of the Corrib gas pipeline In its detailed de-termination, ABP stated the pipeline “would help safeguard the energy security of the state, would benefit the western region
of Ireland, would not seriously injure the amenities of the area, would not be prejudicial to public health or safety, and would not be likely to have significant effects on the environment.”
Partners in the Corrib gas project, Shell E&P Ireland Ltd., operator, 45.5%; Statoil Exploration, 36%; and Vermillion En-ergy Trust, 18.5%, say that at peak production, Corrib will sup-ply as much as 60% of Ireland’s gas needs
Corrib, with 1 tcf of gas in place, expects production to peak
at 300 MMcfd for 2-4 years before a 20%/year decline ensues (OGJ Online, June 25, 2009)
Allseas’ Solitaire laid the 83-km, 20-in OD offshore tion of the pipeline from Corrib at 355 m water depth, through Broadhaven Bay, to landfall at Glengad, County Mayo, in sum-mer 2009
Trang 11sec-10 Oil & Gas Journal | Jan 31, 2011
2011-2012 EVENT CALENDAR
2011-2012 EVENT CALENDAR
Shale Gas Asia ence, New Delhi, 1 (800) 721-3915, 1 (800) 714-
Confer-1359 (fax), e-mail: info@
ferences.com, website:
american-business-con-www.shale-gas-asia.com
23-24
AOG Australasian Oil &
Gas Exhibition & ence, Perth, +61 3 9261
Confer-4500, +61 3 9261 4545 (fax), e-mail: aog@divex- hibition.com.au, website:
Con-petcokes@jacobs.com, website: www.petcokes.
c.pallen@theenergyex-www c.pallen@theenergyex- exchange.co.uk/3/13/
Confer-0480, (202) 457-0486 (fax), e-mail: info@npra.
org, website: www.npra.
org 1-2.
Annual Arctic Gas Symposium, Calgary, Alta., (877) 927-7936, (877) 927-1563 (fax), website: www.arcticgas- symposium.com/index.
www.spe.org 1-3.
APPEX/AAPG Property & Prospect Expo, London, +44 (0) 207 434 13
99, e-mail: Europe@
aapg.org website: www.
europetro.com 1-3.
Turkmenistan Asia Oil &
Gas Summit, Singapore, +44 (0) 20 7328 8899, +44 (0) 20 7624 9030 (fax), e-mail: info@
summittradeevents.com, website: www.summit- tradeevents.com/Hold-
ingA2011.php 3-4.
Libya International Petro
& Energy Fair, Tripoli,
00971 4 2988144,
00971 4 2987886 (fax), e-mail: nafees@orange- fairs.com, website: www.
orangefairs.com 7-10.
API Spring Committee
on Petroleum ment Standards Meeting, Dallas, (202) 682 8000, (202) 682-8222 (fax), website: www.api.gor
Measure-7-10.
CERA Week, Houston, (713) 840-8282, (713) 599-9111 (fax), e-mail:
info@cera.com, website:
www.cera.com 7-11.
Renewable Energy World Conference & Expo North America, Tampa, (918) 831-9160, (918) 831-9161 (fax), e-mail:
Tight Oil Shale Plays
World Congress, Denver,
com Jan 30-Feb 1.
Annual Gas Arabia
Summit, Abu Dhabi, +44
com Jan 31-Feb 1.
SPE Middle East
Uncon-ventional Gas Conference
and Exhibition, Muscat,
IADC Health Safety
Environment and Training
Conference & Exhibition,
Houston, (713)
292-1945, (713) 292-1946
(fax), e-mail: info@iadc.
org, website: www.iadc.
ent.com/index.html 1-3.
Global LNG Forum, celona, +421 257 272
Bar-112, +421 255 644 490, e-mail; beata.kyblova@
jacobfleming.com, site: www.jacobfleming.
web-com 2-3.
East African Petroleum Conference & Exhibi- tion (EAPCE), Kampala, +256 414 320714, +256
414 320437 (fax), e-mail: eapce11@
petroleum.go.ug website:
rica.com/en/eventdetail.
www.petroleumaf-php?Eventld=522 2-4.
IPAA OGIS Florida, lywood, Fla., (202) 857-
Hol-4722, (202) 857-4799 (fax), website: www.ipaa.
org/meetings/index.php
3-4.
UT Energy Forum, Austin, e-mail: info@
UTEneravForum.com, website: www.utenergy-
forum.com 3-4.
NACE Northern Area Western Conference, Regina, Sask., (281) 228-6200, (281) 228-6300 (fax), e-mail:
firstservice@nace.org, website: www.events.
arcweb.com, website:
www.arcweb.com/
rum-2011/Pages/default.
Events/ARC-Orlando-Fo-aspx 7-10.
International Gas Analysis Symposium & Exhibition, Rotterdam, +31 (0) 15
info@clarion.org, website:
www.clarion.org 14-17.
Unconventional Oil &
Gas Europe, Prague, 1 (888) 299-8016, 1 (888) 299-8057 (fax), e-mail:
registration@pennwell.
com, website: www.
europe.com/index.html
unconventionaloilandgas-15-16.
Russia Offshore Annual Conference & Exhibition, Moscow, +44 207 067
4799 (fax), website:
www.ipaa.org 16.
NAPE Expo, Houston, (972) 993-9090, (972) 993-9191 (fax), e-mail:
info@napeexpo.com, website: www.napeexpo.
com 16-18.
EPNanoNet Forum on Advanced Materials for E&P, Houston, +44 (0)
org.uk 21-23.
Nitrogen+Syngas national Conference &
Inter-Exhibition, Dusseldorf, +44 (0) 20 7903 2438, +44 (0) 20 7903 2432 (fax), e-mail: confer- ences@crugroup.com, website: www.crugroup.
com 21-24.
SUBSEA Tieback Forum & Exhibition, San Antonio, (918) 831-9160, (918) 831-9161 (fax), e-mail: registration@pen- nwell.com, website: www.
subseatiebackforum.
com 22-24.
SPE European ence on Health Safety and Environment in Oil and Gas Exploration, Vienna, +44 (0)1224
Confer-318088, website: www.
spe-uk.org 22-24.
Pipe Line Contractors Association Convention, Maui, (214) 969-2700, e-mail: plca@plca.org, website: www.plca.org
22-26.
Trang 12Oil & Gas Journal | Jan 31, 2011 11
DEA(e) Technical Oil &
Gas Conference on Well
Control, Bad Bentheim,
NACE Corrosion
Confer-ence & Expo, Houston,
AIChE Spring Meeting
& Global Congress on
Process Safety, Chicago,
(800) 242-4363, (203)
775-5177 (fax), website:
ences/springmeeting/
www.aiche.org/confer-index.aspx 13-17.
Offshore West Africa Conference & Exhibition, Accra, Ghana, (918) 831-
9160, (918) 831-9161 (fax), e-mail: registra- tion@pennwell.com, website: www.offshore-
westafrica.com 15-17.
World Heavy Oil gress, Edmonton, Alta., (888) 799-2545, (403) 245-8649 (fax), website:
Con-
www.worldheavyoilcon-gress.com 15-17.
TUROGE Turkish International Oil & Gas Conference & Showcase, Ankara, +44 (0) 20 7596
5000, +44 (0) 20 7596
5111 (fax), e-mail: quiry@ite-exhibition.com, website: www.turoge.
en-com 16-17.
NPRA Annual Meeting, San Antonio, (202) 457-
0480, (202) 457-0486 (fax), e-mail: info@npra.
org, website: www.npra.
org 20-22.
MEOS/SPE’s Middle East Oil & Gas Conference &
Exhibition, Manama, +44 (0)20 7840 2139, +44 (0)20 7840 2119 (fax), e- mail: meos@oesallworld.
com, website: www.
meos2011.com 20-23.
GPA Europe at GasTech Conference & Exhibition, Amsterdam, +44 (0)
1737 855000, +44 (0)
1737 855482 (fax),
e-mail: info@gastech.co.uk, e-mail: www.gastech.
co.uk 21-24.
GASTECH International Conference & Exhibition, Amsterdam, +44 (0)
1737 855000, +44 (0)
1737 855482 (fax), mail: info@gastech.co.uk, e-mail: www.gastech.
e-co.uk 21-24.
IADC Drilling HSE Asia Pacific Conference &
Exhibition, Singapore, (713) 292-1945, (713) 292-1946 (fax), e-mail:
spedal@spe.org, website:
www.spe.org 27-29.
NPRA International rochemical Conference, San Antonio, (202) 457-
Pet-0480, (202) 457-0486 (fax), e-mail: info@npra.
org, website: www.npra.
org 27-29.
Howard Weil Annual Energy Conference, New Orleans, (504) 582-
529 090, +44 (0) 1242
529 060 (fax), e-mail:
wra@theenergyexchange co.uk, website: www.
wraconference.com
27-30.
ACS National Meeting
& Exposition, Anaheim, Calif., (202) 872-4600, e-mail: help@acs.org, website: www.acs.org
27-31.
Purvin & Gertz tional LPG Seminar, The Woodlands-Houston, (713) 331-4000, (713) 236-8490 (fax), e-mail:
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Prashant Modi
President & Chief Operating Officer
GREAT EASTERN ENERGY CORP LTD.
P.K Bhowmick
Executive Director K.D.M.I.P.E
ONGC
Al Holcomb
VP Strategic Planning
LEWIS ENERGY GROUP
Ratindra Nath Pande
General Manager
R & D
GUJARAT STATE PETROLEUM
RELIANCE NATURAL RESOURCES LTD
Scott Sheffield
CEO
PIONEER NATURAL
RESOURCES
Expert Speakers From E & P Companies Include:
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February 23rd & 24th, 2011
Sheraton New Delhi Hotel, India
Assessing The Resource Potential, Adapting Cost-Competitive Technology
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Official Media Partner
Trang 13Training gets real
Training in the oil and gas industry can consist of several types: hands-on, lectures, and even multime-dia It’s important for training strategies to evolve as each generation enters an industry’s workforce The newest generation always seems to be motivated by the most-advanced of technologies
In a virtual environment, simulation training brings clarity and uniformity where trainees are able to experience realistic scenarios while re-maining safe Simulation training is interactive and engaging, making it easier for trainees to re-tain information and apply what they have learned
to real life scenarios
Simply “being trained” is no longer enough
Employees must be able to demonstrate that they can apply their knowledge and skills to the stan-dards required With various test scenarios pre-sented in simulation training, trainers and train-ees are able to assess the user’s real-time task performance Personnel also will be able to under-stand the entire work process flow as well as their colleagues’ roles and responsibilities
Downstream simulation
Earlier this month, UOP LLC launched new ing simulators for its “unionfining” and fluid cata-lytic cracking processes, intended to improve op-erational excellence and profitability at refineries
train-The simulators allow process engineers and erators to develop troubleshooting skills and gain experience in a safe, repeatable, and controlled environment
op-Unlike other training simulators, UOP embeds proprietary reactor models, operating philosophy, and engineering expertise directly into the train-ing simulator software The simulators include realistic exercises that mimic real-life operations and allow the operator to experience upset con-ditions typically only experienced over a lifetime
UOP provides a comprehensive operator ing solution with web-based training for process fundamentals, followed by hands-on practice of skills using the UOP training simulator
train-Upstream simulations
Kea Studios, a simulation training developer based
in Miri, Malaysia, launched PetroSims, a tion training environment geared for the oil and gas industry, at Getenergy 2010 (Global Education
simula-and Training for Energy) in Kuala Lumpur The first simulation training module showcased was the Off-shore Orientation (Safety Briefing), which enabled trainees to explore and familiarize themselves with the platform environment and safety procedures
Trainees learned about various types of
person-al protective equipment (PPE) by equipping their virtual selves The competency of the trainee was assessed and evaluated through the actions and responses made when faced with test scenarios
They experienced many realistic—but tual—scenarios such as firefighting, “man over-board,” platform abandonment, and hazard iden-tification
vir-Separately, KCA Deutag this month teamed up with Robert Gordon University to provide drilling and rig training from the university’s new Energy Centre at its Garthdee campus in Aberdeen The company will relocate its DART simulator (Drill-ing and Advanced Rig Training) facility from the company’s offices to a new complex within the En-ergy Centre, expected to open in 2013
DART is the only system of its kind offering real-time drilling simulation and downhole mod-eling There are currently DART facilities in Ab-erdeen, Russia, Sakhalin, Azerbaijan, Libya, and Dubai
The facility in Aberdeen provides a full-scale reproduction of an offshore platform or land rig, complete with state-of-the-art touch screen con-soles for both driller and assistant driller Three-dimensional graphics of the rig’s drill floor and automated or remotely controlled equipment are projected onto a 60-ft wide cinema screen at the front of the drilling control room cabin
As the driller operates the rig-floor equipment, the simulation depicts realistic and dynamic graphics and sounds to simulate what the driller would see and hear on an actual rig
The recent Macondo well blowout and oil spill
in the Gulf of Mexico has highlighted the potential for drilling operations to suffer the worst-possible consequences when things go wrong
The DART team identified an opportunity for the simulator to help ensure that the people working with blowout prevention equipment have
a high level of formal training with written and practical assessments to verify competency
Trang 14tomorrow’s performance
C O N F E R E N C E & & E X H H I B I B I T I I O N
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Trang 15The spill report—3
A core message of the report to US President Barack Obama on the Macondo tragedy of 2010 is the need for the oil and gas producing industry to improve its safety culture This is strong medicine Most op-erators and service companies probably bristled at that finding of the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drill-ing Most consider themselves supremely diligent about safety Many of them probably believe the fa-tal blowout and subsequent spill couldn’t have hap-pened to them Maybe they’re right But before the Macondo accident, BP, too, considered itself com-mitted to the highest safety standards
After publication of the commission’s report, the offshore industry stands accused of safety lapses that the authors describe repeatedly as “sys-temic.” To that accusation, whatever its validity, the industry must respond systemically Without such a response, the safety of offshore work will remain subject to public doubt And that doubt, inflamed by extremists opposed to all oil and gas work, will impede leasing and permitting
Systemic initiative
The report suggests a systemic initiative that serves serious attention from the industry It is the creation of a self-policing function to supplement governmental regulation The nuclear industry of-fers a model with its Institute of Nuclear Power Op-erations (INPO), set up as a nonprofit organization after the partial meltdown in 1979 of the radioac-tive core of a unit at the Three Mile Island generat-ing facility in Pennsylvania
de-INPO regularly inspects nuclear sites and ports individual plant assessments to the compa-nies involved and at a conference of utility chief executives, where all plants receive grades INPO inspection teams usually have about 20 mem-bers—some of them full-time inspectors employed
re-by INPO and others on loan from the industry
Inspections last 5-6 weeks INPO inspectors visit each of 66 nuclear sites, including 104 reactors operated by 26 utilities, every 24 months
Obviously, much about the INPO model doesn’t apply to offshore drilling and production As the report notes, the upstream oil and gas industry is more fragmented than the nuclear industry Its operations are more mobile and transitory Drill-
ing and production technologies also are more verse; there can be more than one right way to drill and complete a well Furthermore, collective action by oil and gas executives raises antitrust concerns that don’t as intensely bedevil regulated utilities And operators and service companies le-gitimately would worry about exposure of propri-etary information
di-Still, the oil and gas industry should find the concept of a self-policing safety mechanism, adapted to its special characteristics, intriguing The presidential commission notes similarities be-tween the oil-and-gas and nuclear industries that the former industry should find persuasive
One similarity is self-interest following a blow
to public confidence “As the Deepwater Horizon disaster made unambiguously clear,” the report says, “the entire industry’s reputation and perhaps its viability ultimately turn on its lowest-perform-ing members.” Another similarity is the need to se-cure governmental approval—and therefore pub-lic acceptance—for work A third parallel is the potential for industry self-policing to supplement regulation The report calls for regulatory im-provement but says regulators “are unlikely ever
to possess technical expertise truly commensurate with that of private industry.”
Constructive suggestions
As argued earlier in this series of editorials, the commission report overreaches in some areas, in-cluding its tendency to condemn an entire industry
on the basis of a single disaster, to advocate new layers of environmental regulation that would limit activity without enhancing safety, and generally to assume that more regulation means better regula-tion
Overall, however, the commission is right to call for change And it offers constructive sug-gestions—among them a shift in the regulatory approach toward the European “safety-cases” model, as described here last week, and adop-tion by the industry of some form of collabora-tive inspection Self-policing would not only help restore public confidence in offshore drilling and production but also, if structured properly, im-prove practice in the most important dimension
of industry work
Trang 166th Annual Conference & Exhibition
29 - 31 March 2011
Sands Expo & Convention Center
Marina Bay Sands, Singapore
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In the current climate a reliable, industry leading source
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Presentations in the LNG track will examine the unique nature of
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