Home / Microsites (page 11)

Microsites

Encana’s cube development increases Permian type curves, premium return inventory

encana

Encana's cube development approach combined with advanced completion practices have significantly enhanced its Permian well performance and led to a 20% increase in the company's Permian type curves and 700 new premium return locations. The 700 new premium return locations is five times the quantity the company will drill this year and brings total premium return locations in the play to 3,450. Encana expects it will develop less than 30% of its Permian premium inventory through 2021....

Read More »

Hess takes final investment decision for Liza phase 1 development offshore Guyana

default-img-featured-deepwater[1]

Hess has sanctioned the first phase of development of the Liza Field, one of the industry’s largest oil discoveries of the past decade, located on the Stabroek Block offshore Guyana. In addition, the company announced positive results from the Liza-4 well which encountered more than 197 ft (60 m) of high-quality, oil-bearing sandstone reservoirs and will underpin a potential Liza Phase 2 development. Gross discovered recoverable resources for the Stabroek Block are now estimated to be 2.0 billion to 2.5 billion barrels of oil equivalent, including Liza and other successful exploration wells on Liza Deep, Payara and Snoek....

Read More »

IHS Markit: Large production growth expected for Canadian oil sands through 2026

img-featured-generic-workersTN_default

IHS Markit has released its outlook for Canadian oil sands production through 2026. IHS Markit expects large production growth through 2019—making Canada the second largest source of global supply growth during that time. More modest, but sustained growth is expected beyond 2019, with oil sands production at the end of 2026 around one million bpd higher than in 2017...

Read More »

New BSEE Director aims to balance environmental sustainability, safety and offshore energy development

angelle

One of the early priorities for Scott Angelle, newly appointed BSEE Director who assumed his role on 24 May, will be to review existing rules and regulations to ensure that they promote offshore safety but don’t create an undue regulatory burden. In a call with members of the media on 1 June, Director Angelle emphasized that he wants to make BSEE an “and” agency, rather than an “or” agency. “How do we implement a safety program and, at the same time, embrace domestic energy production?” he asked. “What I see is that it’s not an either/or proposition.”...

Read More »

Noble transforms training and collaboration center to support industry training

Noble’s custom simulators provide a hands-on approach for students to apply their learnings from the classroom to an offshore drilling environment. The simulators use actual data from Noble’s fleet to mimic real-world situations, such as well control, poor weather and power failure.

As the rapid pace of technology evolution pushes the need for knowledge sharing, Noble Corp has opened the doors of its NobleAdvances training and collaboration facility to the wider offshore drilling industry. The facility, located in Sugar Land, Texas, was originally launched in summer 2013 to deliver development and training to Noble’s more experienced drilling and marine personnel. Since then, however, Noble has begun offering introductory training courses to others in the industry, said Fritz Golding, Director of Learning and Development at Noble Drilling....

Read More »