Equinor and Aker BP have entered an agreement on commercial terms for a coordinated development of the Krafla, Fulla and North of Alvheim licenses on the Norwegian Continental Shelf.
The area consists of many licenses and complex reservoirs that contain several oil and gas discoveries, with total recoverable resources estimated at more than 500 million BOE.
The contemplated development concept for the area consists of a processing platform operated by Aker BP and an unmanned processing platform operated by Equinor, with possibilities for several satellite platforms and tiebacks to cover the various discoveries.
The companies believe developing these resources will have a significant effect on the supplier industry when it comes to engineering, development and the operational phase.
The area is located between Oseberg and Alvheim in the North Sea. The partners in the licenses are Equinor, Aker BP and LOTOS E&P Norge.
Eni, BP and Total have drilled the first exploration well in the North El Hammad license on the Bashrush prospect. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs, discovered and produced from the so-called Great Nooros Area in the Mediterranean Sea offshore Egypt. The operators plan to fast-track production from the discovery.
In parallel, Eni will further explore the area with the drilling this year of another exploration well, Nidoco NW-1 DIR on the Abu Madi West concession.
CNOOC announced in June that Qinhuangdao 33-1S Phase 1 has commenced production. The field is located in central and western Bohai with an average water depth of 21 m.
The project has built one wellhead platform, in addition to utilizing existing facilities on the Qinhuangdao 33-1 and Qinhuangdao 32-6 fields. A total of 13 producing wells are planned, including nine production wells and four water injection wells. The project is expected to reach peak production of approximately 6,000 bbl/day in 2021.
Nigeria’s Department of Petroleum Resources recently announced the commencement of its 2020 Marginal Field Bid Round exercise. A total of 57 fields located on land, swamp and shallow offshore terrains are on offer. This is the first marginal fields bid round to be conducted in Nigeria since the early 2000s.
Neptune Energy recently announced the discovery of hydrocarbons from the Dugong well in the Norwegian sector of the North Sea. Upon entering the reservoir, logs and cuttings identified hydrocarbons, and a decision was made to initiate coring.
The operations in the reservoir section were still at an early stage as of early July, and final results were not yet available. A contingent sidetrack may be drilled to further define the extent of the discovery. The drilling program comprises a main bore with a down-dip sidetrack.
Dugong is located 158 km west of Florø, Norway, in a water depth of 330 m. The well was drilled by the Deepsea Yantai semisubmersible, owned by CIMC and operated by Odfjell Drilling.
SIMMONS EDECO recently completed its first drilling contract for Mexico oil and gas operator Newpek using Rig 738. Drilling and completion services were supplied on a concession in the Trevino oilfield, in the Burgos Basin in the state of Tamaulipas in northeastern Mexico.
Two vertical wells were drilled to depths in the 2,900-m range.
In May, Mubadala Petroleum and Tap Oil approved the drilling of three development wells in the Manora 2020 development drilling campaign in the Gulf of Thailand, using the Valaris 115 rig.
The wells – MNA-25, MNA-26 and MNA-27 – are initially expected to add 3,600 bbl/day to total production at Manora, which is currently approximately 5,000 bbl/day. The wells are required to mitigate production decline. Total estimated cost of the Manora 2020 campaign is $13.48 million.
While the rig is on location at Manora, it will also be used for workover on an existing well and to add water disposal capacity for a separate well.