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Vantage Drilling announces contract for Topaz Driller

Vantage Drilling is mobilizing the Topaz Driller to work for Ophir in Thailand.

Vantage Drilling announced that it has entered into a contract with New Age Cameroon Offshore Petroleum for its premium jackup rig, the Topaz Driller, to perform drilling services in Cameroon for 150 days. “We are very pleased to announce this contract with New Age for the Topaz Driller in Cameroon,” said Ihab Toma, CEO of Vantage. “This contract will enable us to have two of our premium jackup rigs operating in West Africa after we mobilize the Topaz Driller from Asia to Cameroon. Our rigs and crews have proven and continue to prove to our clients that Vantage is a leader in safety and operational performance in the region. We look forward to commencing work for our esteemed client.”

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Shell announces large deepwater discovery in Gulf of Mexico


Shell has announced one of its largest US Gulf of Mexico exploration finds in the past decade from the Whale deepwater well. The well encountered more than 1,400 net ft (427 m) of oil-bearing pay. Evaluation of the discovery is ongoing, and appraisal drilling is under way to further delineate the discovery and define development options. “Deepwater is an important growth priority as we reshape Shell into a world-class investment case,” said Andy Brown, Upstream Director for Royal Dutch Shell. “Today’s announcement shows how, through exploration, we are sustaining a strong pipeline of discoveries and future projects to sustain this deepwater growth.” Whale is operated by Shell (60%) and co-owned by Chevron (40%). It was discovered in the Alaminos Canyon ...

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Premier Oil awarded exploration license offshore Indonesia


Premier Oil, together with its joint venture (JV) partners Mubadala Petroleum and Kris Energy, has been awarded the Andaman II License in the 2017 Indonesian Licensing Round. The Andaman II license is located in the underexplored but proven North Sumatra basin offshore Aceh, Indonesia. Premier has identified numerous prospects and leads that exhibit direct hydrocarbon indicators on the existing 2D seismic data, significantly de-risking a potentially material gas play, the company stated. Premier assesses that the overall license has the potential for significant gas volumes that, in the success case, would be delivered to existing gas consumers in North Sumatra. Going forward, the plan is to acquire 3D seismic in the initial three-year term, Premier stated. Tony Durrant, CEO of Premier, ...

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Shell to sell stake in Thailand’s Bongkot field to PTTEP


Shell Integrated Gas Thailand and Thai Energy Company, affiliates of Royal Dutch Shell, have agreed to an asset sale of their 22.2% interest in the Bongkot field and adjoining acreage offshore Thailand to PTT Exploration & Production Public Company (PTTEP) and PTTEP International, a wholly owned subsidiary of PTTEP, for a transaction value of $750 million. The transaction is expected to complete in Q2 2018, subject to completion conditions as prescribed in the agreement. The agreement is for Shell’s stake in blocks 15, 16 and 17 and Block G12/48. Following the completion of this transaction, PTTEP’s stake in Bongkot will increase to 66.7%, with the remaining 33.3% owned by Total. PTTEP is the current operator of Bongkot. Shell’s decision to ...

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Hess announces $2.1 billion for 2018 E&P capital and exploratory budget


Hess has announced its 2018 E&P capital and exploratory budget will be $2.1 billion, the same as 2017. The 2018 budget allocates increased capital for continuing exploration and development activities offshore Guyana and for the Bakken, which includes growing the rig count from four rigs to six rigs. These increases are offset by lower capital allocated to the Gulf of Mexico and Malaysia compared to 2017...

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Expandable liners enhanced for more precise, reliable refracs


Enventure has launched its enhanced versions of its ESeal RF and ESeal RFHT refrac expandable liners at the 2018 SPE Hydraulic Fracturing Technology Conference and Exhibition, held 23-25 January in The Woodlands, Texas. The Enhanced ESeal RF and ESeal RFHT provide 16% and 45% higher strength, respectively, than the original ESeal RF Liner. This has expanded the operating envelope for installations using higher treatment pressures and in higher temperature reservoirs, which could exceed 300°F. The liners now offer more predictable zonal isolation and better ID preservation, said Matt Meiners, Technology and Product Development Manager at Enventure. The enhancements were made in response to recent surges in refracturing programs as operators seek to increase production and estimated ultimate recoveries of shale wells. Watch ...

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Coiled-tubing frac sleeve with collet locating system improve BHA placement in extended-reach laterals


Coiled-tubing frac sleeve systems are gaining popularity due to their ability to deliver stimulation treatments to a large number of stages in extended-reach laterals. However, many of these systems rely on depth correlation for bottomhole assembly (BHA) placement, which can be imprecise. As a result, these systems often cannot accurately locate sleeves once they’re installed downhole. In response to this challenge, Baker Hughes, a GE company, developed the Blitz coiled-tubing frac sleeve system, which was launched at the 2018 SPE Hydraulic Fracturing Technology Conference in The Woodlands, Texas. In this video from the conference on 23 January, Scott Sanchez, Product Line Manager-Unconventional Multistage Completion Systems, explains how the Blitz’s collet locating system enables more accurate BHA placement. He also discusses the results BHGE saw when the system was deployed for an operator in Alberta, Canada...

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