Gas Discoveries News

Photo courtesy Sapura E&P

Sapura Commences Production at B15 Gas Field

evacuation pipeline tied into the existing B11 infrastructure for onwards transmission into the Malaysia Liquefied Natural Gas (MLNG) complex at Bintulu, Sarawak.   “This milestone achievement at B15 was achieved on schedule and within budget. Sapura E&P has made significant gas discoveries over the past two years. The development plans for these discoveries are progressing well and should come on stream over the next two to five years.   Once fully developed we expect Sapura E&P to be a significant supplier of natural gas into the Bintulu MLNG complex,” said Tan

Courtesy  Van Oord

Van Oord Bags Two Egyptian Offshore Deals

to prevent upheaval buckling.   The growth of the global economy and the expanding world population are generating an increasing demand for energy worldwide. In North Africa, and especially in Egypt, the demand for gas is rising for electricity generation. A string of sizable natural gas discoveries has been made in the eastern Mediterranean Sea over the past decade. The West Nile Delta development will make an important contribution to Egypt’s economic development and will ensure the country’s energy supply for the long term. Production from the West Nile Delta is expected

Photo: Douglas-Westwood

Offshore Prospects for 2016: Playing the Waiting Game?

rig markets still have a lot to digest before recovery. Rig dayrates have plummeted as a function of significant oversupply. Many of these rigs were ordered in the previous up-cycle, but have only recently entered the fleet at a time when the appetite to drill is poor. The number of offshore oil and gas discoveries made in 2015 dropped by 60 percent and 45 percent when compared to 2013 and 2014 respectively. The market for newbuilds has evaporated, and, such is the extent of the oversupply, rates are unlikely to recover any time soon and rig owners around the world will continue to defer the delivery of

Irene Rummelhoff, senior vice president exploration Norway in Statoil. (Photos Harald Pettersen)

Statoil's New gas Discovery at Aasta Hansteen

increases the resource base for the Aasta Hansteen field development project by around 15%,” says Irene Rummelhoff, senior vice president exploration Norway in Statoil. The Snefrid Nord discovery is located in the deep-water Vøring area in the immediate proximity of the three gas discoveries comprising the Aasta Hansteen field development: Luva, Haklang and Snefrid South. The discovery well 6706/12-2, drilled by Transocean Spitsbergen, proved a 105-metre gas column in the Nise Formation. Statoil estimates the volumes in Snefrid Nord to be in the range of 31-57 million barrels

Western Cooper Wet Gas Project Areas

Drillsearch Discovers Gas at Varanus South-1

(“SACBJV”). Drillsearch Managing Director Brad Lingo said, “This discovery represents an excellent start to our drilling campaign with Santos and highlights once again the prospectivity of this area for wet gas. We have an active program underway to commercialise the various wet gas discoveries in our portfolio and we look forward to working with Santos to bring Varanus South-1 into production.” Following casing and suspension of Varanus South-1, the rig will move to drill the Yarowinnie South-1 well, which is located 7.0km southwest of Varanus South-1 and 5.4km south of the

Image: Gazprom

Gazprom, Sonatrach make O&G find in Algeria

firm said in a statement. Gazprom and Sonatrach had made two discoveries in the same perimeter following the drilling of RSH-2 and ZERN-1 exploration wells. Sonatrach holds a 51 percent stake in the project while the remaining 49 percent is owned by Gazprom. Sonatrach has made 18 oil and gas discoveries for the first eight months of this year. Algeria made 32 hydrocarbon finds, including 29 by Sonatrach alone, in 2013. (Reporting By Hamid Ould Ahmed; editing by Susan Thomas)  

The new RWE Dea licences in the Gulf of Suez

RWE Dea Awarded Two New Concessions in Egypt

approximately 365 square kilometers. The license award is subject to approval from the Egyptian President. Including its predecessor company, RWE Dea Egypt has already been engaged in the upstream business in Egypt for 40 years. In recent years, the company has made a number of large natural gas discoveries in Egypt and considerably expanded its portfolio through the acquisition of additional concessions. In August 2014, Dea achieved first production from the Central Treatment Plant (CTP) of the Disouq Development Project. During just one year, the company has more than doubled its total oil and

INTECSEA Awarded Maersk Culzean Project

INTECSEA’s UK office has been awarded the subsea front-end engineering and design (FEED) contract for Maersk Oil UK's Culzean development in the North Sea. The Culzean development is one of the largest gas discoveries made in recent years in the UK North Sea. It is located in water depths of about 88m and the reservoir around 4,300m below sea level. The contract, which includes optional design scopes in support of the Culzean project, was awarded to INTECSEA following a competitive tender process. It is expected to run for 10 months. Work on the project began at the beginning of July

Image courtesy of Statoil

Another Gas Discovery Offshore Tanzania

Statoil's exploration activities in the Western Hemisphere. The new gas discovery was made in the same Lower Cretaceous sandstones as the gas discovery in the Zafarani-1 well drilled in 2012. The Piri-1 discovery is the venture's sixth discovery in Block 2. It was preceded by the high-impact gas discoveries Zafarani-1, Lavani-1, Tangawizi-1 and Mronge-1, and a discovery in Lavani-2. Piri-1 was drilled by the drillship Discoverer Americas. The well location is two kilometres southwest of the Lavani-1 well at 2,360-metre water depth. The Discoverer Americas has now moved location and is currently

RWE, SOCAR to Study Potential for Oil off Azerbaijan

evaluation in order to identify exploration opportunities in the area, which covers 850 square kilometres off the Absheron peninsula, south of Baku.   RWE did not provide an estimate of the area's reserve potential other than to say the basin is near other "world class oil and gas discoveries".   "The agreement gives us the opportunity to deepen our knowledge about the sub-surface in an highly prolific area of the Caspian Sea," Hans-Hermann Ecke, RWE senior vice president, said in a statement. (Reporting by Margarita Antidze and Nailia Bagirova; editing

Seismic Streamer MV Oceanic Endeavour. Photo: Michel Floch

Offshore Oil & Gas: Brazil’s Northern Frontier

das Graças Foster and Petrobras’ E&P Director, José Formigli have both indicated that the equatorial margin will be the next great challenge for Brazil’s oil and gas industry after the pre-salt, mainly due to the fact that there have been significant analogous oil and gas discoveries in West Africa, and there is much geological similarity between the equatorial margins on both sides of the Atlantic. The seismic data, including the re-processed data indicates that robust reservoirs are present in all the basins along the EM. Recently, there has been exploratory success by

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