Santos drilled 16 wells in the GLNG acreage during the first quarter, which included 15 development wells in Roma and one appraisal well in Fairview, while 39 wells were completed as producers.
Valemon is a new Norwegian Continental Shelf project, said Arne Sigve Nylund, executive vice president--Development & Production Norway. There is a high-pressure/high-temperature reservoir. Expected recoverable reserves are 192 MMboe.
The aim is to start production from the field via the geostationary FPSO unit in late summer this year, Dalan added. Currently, two wells are being drilled; five wells have already been drilled and completed.
The SNE-1 and FAN-1 wells were the first deepwater wells drilled offshore Senegal in 26 years. They discovered oil and yielded key data for updating predrill geological models.
Anadarko and project partners estimate there is 75 Tcf of exploitable gas offshore Mozambique, Bloomberg said. The Rovuma Basin could hold 120 Tcf technically recoverable reserves, a consultant said.
The Bertam Field has been developed with a wellhead platform adjacent to a spread-moored FPSO in a water depth of 75 m (246 ft).
Ithaca Energy Inc. successfully completed flow test operations on the fifth development well on the Stella Field.
Tyra is 220 km off Denmark’s west coast. It should produce about 20 MMbbl of oil and 170 cf of gas, and 50 MMboe of combined reserves and resources.
ExxonMobil is co-venturer with Brazil's Petrobras and Italy's Eni in the Hadrian South, in the U.S. GoM's Keathey Canyon area. Hadrian South is ExxonMobil’s deepest subsea tieback.
Mexico’s initial production sharing contracts will contain extended exploration periods for 14 shallow-water projects, Reuters said. Companies can meet test well requirements, said the head of Mexico’s national hydrocarbons commission.
Statoil’s Yeti well in the U.S. GoM’s Walker Ridge area delivered good drilling results, Bloomberg said. The company acquired 14 more leases adjacent to Yeti in the recent GoM sale.
Power loss at an offshore facility last week forced production to shut down, Reuters said. The force majeure on exports of Saturno-grade crude oil is still in place.