Natural Gas Production

Home>Topics>Natural Gas Production
Refine Results
  1. All
  2. Articles
  3. Online Articles
  4. Magazine Articles
  5. Videos
  1. Maersk Oil begins drilling on Culzean project, launches organizational review

    Maersk Oil , a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, started drilling the first production well on Sept. 28 in the company-operated Culzean field in the UK North Sea. The well is the first of six production wells to be drilled in the high pressure-high temperature (HPHT) field, with continuous drilling planned over the next 5 years. The start of natural gas production is expected in 2019. The Maersk Highlander rig is drilling the first production well through a wellhead platform (WHP) jacket and well access deck (WAD) installed in the field during the spring ( OGJ Online, June 9, 2016 ). When the three topsides are installed in 2018 and hooked up in 2019, three of the six production wells will be ready for gas production. The WHP jacket and WAD were constructed in the Netherlands and Hartlepool, UK, with construction of the wellhead topsides ongoing in Singapore. The drilling campaign will be supported by more than 30 UK-based well services companies. Maersk Drilling and Maersk Oil have jointly prepared the drilling on a digital “virtual well,” using a specialized drilling simulator at Aberdeen’s Robert Gordon University. “Working on a virtual rig, designed to look and feel like the Maersk Highlander has been invaluable,” commented Andrew Lough, Culzean’s wells delivery manager for Maersk. “It has enabled us to prepare in a very lifelike environment for the drilling campaign,” he said. Organizational review Maersk Oil also reported on Sept. 29 that it’s launching an organizational review of “the scope and scale of its headquarters organization over the next 3 months in response to the recent outcome of the Maersk Group’s strategic business review and Maersk Oil’s exit from Qatar in 2017.” AP Moller-Maersk last week said it was separating its transportation and oil businesses, aiming “to find solutions for the oil and oil-related businesses within 24 months ( OGJ Online, Sept. 23, 2016 ).” In June, Maersk Oil was informed by Qatar Petroleum that it had selected Total SA as partner for future development of Al Shaheen field, which Maersk Oil currently operates under a 25-year production sharing agreement expiring in July 2017 ( OGJ Online, June 27, 2016 ). “Despite a solid operational business performance, which saw the company return to positive earnings in the second quarter of 2016, Maersk Oil needs to continue to adjust the business to the continued low oil price , changes to both the portfolio and to long-term growth plans,” the company said. The review will be completed during the remainder of 2016. However, an initial phase to reconfigure the company’s growth organization and reduce the technology and projects group will be completed by the end of October. “Maersk Oil’s commitment to grow in the next few years is underscored by $1-2 billion in annual capex to deliver the exciting Culzean and Johan Sverdrup projects. They will deliver 100,000 [bbl] of new production to Maersk Oil,” commented Gretchen Watkins, Maersk Oil chief executive officer-designate.

    Online Articles

    Online Articles

    Thu, 29 Sep 2016

  2. Canada approves Pacific NorthWest LNG project

    With 190 conditions, Canada gave its approval to the Pacific NorthWest LNG project in western British Columbia.

    Online Articles

    Online Articles

    Thu, 29 Sep 2016

  3. Study shows fracking resulted in lower mortgage defaults

    Despite the negativity many associate with fracking, the controversial technique for extracting oil and natural gas from the earth, had a positive impact on mortgage defaults in areas where fracking occurred, according to research by a Clemson University finance professor.

    Online Articles

    Online Articles

    Wed, 28 Sep 2016

  4. Rosneft natural gas production rises 6.9% in first half

    OJSC Rosneft said its natural gas production of 33.23 billion cu m in the first half of 2016 was 6.9% higher than a year ago, but hydrocarbon liquids declined 0.1%.

    Online Articles

    Online Articles

    Fri, 12 Aug 2016

  1. EIA counts 5,000 DUC wells in major US shale regions

    Online Articles

    Online Articles

    Tue, 13 Sep 2016

  2. Petrobras sets more oil and gas production records

    In July, Petrobras’ total oil and natural gas production was 2.89 MMboe/d.

    Online Articles

    Online Articles

    Thu, 11 Aug 2016

  3. Chevron delivers first gas from Bangka offshore Indonesia

    Chevron Indonesia Co. Ltd. has started natural gas production from the Bangka field development in the Kutei basin offshore East Kalimantan.

    Online Articles

    Online Articles

    Thu, 1 Sep 2016

  4. Evacuations continue as storm develops in the Gulf of Mexico

    Operators in the Gulf of Mexico are evacuating platforms and rigs in preparation for Tropical Depression No. 9, according to the Bureau of Safety and Environmental Enforcement.

    Online Articles

    Online Articles

    Wed, 31 Aug 2016

  5. California natural gas power plant ready to fire up

    The project located in San Diego County, has a 25-year power purchase agreement with Sempra Energy utility SDG&E  

    Online Articles

    Online Articles

    Wed, 24 Aug 2016

  6. March US natural gas production down nearly 2% from February

    Natural gas production in the lower 48 US averaged 72.2 bcf/d in March—down just over 1 bcf/d compared to the February average, according to Platts Analytics.

    Online Articles

    Online Articles

    Mon, 25 Apr 2016

  7. Future U.S. tight oil and shale gas production depends on resources, technology, markets

    Based on projections, U.S. tight oil production is expected to reach 7.08 million barrels per day, and shale gas production is expected to reach 79 billion cubic feet per day in 2040.

    Online Articles

    Online Articles

    Tue, 23 Aug 2016

  8. GoM production restored following Tropical Storm Hermine

    Offshore oil and gas operators in the Gulf of Mexico were able to re-board platforms and rigs and restore production following Tropical Storm Hermine, reports the US Bureau of Safety and Environmental Enforcement.

    Online Articles

    Online Articles

    Tue, 6 Sep 2016

Get More Results