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Archive for the ‘conferences’ Category

It’s OTC week and optimism abounds. We are so back!”

Preachin’ to the choir:

  • Deepwater is back in vogue.” (Pablo Medina, Welligence)
  • “Newer deepwater projects have the attributes oil and gas companies are looking for: longer-term production, lower breakeven costs, big resource potentials and lower carbon emissions.” (Medina)
  • Capital spending on all-new deepwater drilling is poised to hit a 12-year high next year (Rystad)
  • Investment in all-new and existing deepwater fields could hit $130.7 billion in 2027, a 30% jump over 2023 (Rystad)
  • Deepwater resources offer lower carbon emissions intensity than shale and other tight oils, averaging 2kg of carbon dioxide per barrel less than shale. (Rystad)
  • “The return of offshore and deepwater operations is going to be a big topic at OTC, and Namibia is going to be talk of the show.” (James West, Evercore)
  • Enthusiasm for offshore has climbed with discoveries and technology breakthroughs. Namibia’s Mopane is forecast to hold as much as 10 billion barrels of oil. (Portuguese oil company Galp Energia)
  • Rates for some rigs have surpassed $500,000 a day and contract durations are lengthening as supply dwindles.
  • Deepwater development: simpler, safer, greener!
  • Chevron is preparing to start ultra-high pressure production at their Anchor platform.

So as not to kill the buzz, I won’t mention the 5 Year (no)Leasing Plan and other troubling US matters, at least for one day.

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NOPSEMA has kindly provided links for the slides presented at the 3-4 October International Regulators’ Forum Offshore Safety Conference in Perth, Australia. They will be uploading the video recordings at a later date.

On day 2 (stream 2) Bryan Domangue (BSEE) presented updated data on the progress that is being made in plugging inactive wells and decommissioning idle platforms (see the charts pasted below). In the following session, Bryan made an interesting presentation on the capping stack deployment exercises in the GoM (picture below).

For excellent slides on investigation and sharing the lessons learned, see session 9 (day 2, stream 1).

Agenda

capping stack deployment exercise, Gulf of Mexico

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As a followup to the post on the sale of the Quissett estate, previously owned by the National Academies and used for conferences and meetings, the purchasers are William F Scannell and his wife Elizabeth A Scannell. Bill Scannell is President of Global Sales & Customer Operations at Dell Technologies.

The property was on the market for 2 years, and the purchase price was only about half of what NASEM was asking. NASEM must have really wanted to unload this great property which served the marine science community well for nearly 50 years

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According to Zillow, the National Academies beloved Jonsson Center in Woods Hole was sold on Friday (8/4) for $13.5 million, less than half the original asking price. I have no idea who bought it and how it will be used. The Jonsson Center was an amazing venue for meetings and conferences. The beautiful estate served the marine science and policy communities well for decades.

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  • Date: 3-4 Oct 2023
  • Location: Perth, Australia
  • Announcement

IRF conferences present an excellent opportunity for dialogue among regulators, operators, trade organizations, contractors, academics, and other interested parties.

Some suggested agenda topics for the Perth conference:

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Among the more important workstreams of the International Regulators’ Forum, a group of offshore safety regulators, are country performance data which provide a means of measuring and comparing offshore safety performance internationally. As we near the midpoint of 2023, the last data posted are for 2020. This lag makes it difficult to assess current trends and risks.

In addition to more timely updates, there are significant holes in the IRF data sets. For example, per IRF guidelines fatalities associated with illnesses or “natural causes” are not counted; nor are helicopter incidents that are not in the immediate vicinity of an offshore facility. Also, incidents associated with geophysical surveys, many pipeline segments, and (inexplicably) subsea wells and structures are excluded (see excerpts below).

Excerpts from IRF Performance Measurement Guidelines:

  • Exclude Geophysical and Geotechnical surveying and support vessel operations not directly associated with activities at an Offshore Installation
  • Exclude horizontal components associated with incoming and outgoing pipelines and flowlines beyond either the first flange at the seabed near an Offshore Installation or a 500 meter radius, whichever is less.
  • Exclude helicopter operations at or near an Offshore Installation
  • Exclude mobile or floating Offshore Installations being transported to or from the offshore location.
  • Exclude subsea wells and structures.
  • Do not include Fatalities and Injuries that are self-inflicted.
  • Do not include Occupational Illnesses in Fatality or Injury counts.
  • Do not include fatalities that are due to natural causes.

Perhaps the IRF can consider these and other data collection and publication issues at their next conference. Because voluntary incident reporting schemes have always suffered from incomplete or selective reporting, the regulators have to drive incident data collection and transparency.

Parallel US concerns about offshore incident data: After a review of BSEE fatality data provided in response to a Freedom of Information Act request, WWNO reported that “nearly half of known offshore worker fatalities in the Gulf of Mexico from 2005 to 2019 didn’t fit BSEE’s reporting criteria.” They noted that 24 of the 83 known offshore worker fatalities during that period were classified as “non-occupational.” (As previously posted, the rash of “natural cause” deaths (12) at Gulf of Mexico facilities in 2021 and 2022 is particularly troubling and warrants further investigation.)

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Energy security will be a featured topic at the conference. Note the lineup for the Zelenskyy session:

President Zelenskyy will be introduced by the Norwegian Prime Minister Jonas Gahr Støre, and will be followed on stage by Elon Musk, Ben Van Beurden (CEO, Shell), Patrick PouyannÊ (CEO, TotalEnergies) and Anders Opedal (CEO, Equinor) among others. 

ONS 2022

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COP26 bans oil industry. Is this helpful?

UAE Energy Minister Suhail al-Mazrouei has most definitely not forgotten:

“I think in COP 26 all the producers felt they were uninvited and unwanted but now we are again superheroes, it’s not going to work like that,” he said.

Reuters

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Per our post about old disputes preventing common sense decommissioning solutions for offshore California facilities, we were pleased to learn that an Orange County Coastkeeper’s workshop will address the flaws in the California’s unworkable rigs-to-reefs program with the objective of advancing decommissioning programs.

Coastkeeper’s upcoming Retiring Offshore Rigs Summit, or ROR, comes roughly ten years after Coastkeeper’s Rigs to Reef Conference in 2010. While that conference succeeded in passing new decommissioning and artificial reef enhancement laws, the language was not workable. In the decade since that legislation, known as AB 2503, or the “California Marine Resources Legacy Act” was signed into law, it was never implemented by the state.

Orange County Coastkeeper

Link for further information on the workshop.

Previous posts on California decommissioning:

Platform Houchin, Santa Barbara Channel

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Greenpeace climate activists stage a protest at a Shell refinery in Rotterdam, Netherlands
EuroNewa.green

Oil firms have been banned from taking an active role in the upcoming COP26 summit.

The news is a seismic victory for climate activists.

It stops Big Oil companies from sponsoring the conference and steering the narrative away from their culpability in the climate crisis.

Euronews.green

Comments:

  • This decision is more about exercising political power than advancing our energy future, which is dependent on collaboration among all sectors of the energy industry.
  • Oil and gas producers are “banned,” but major energy consumers are welcome to support the conference.
  • The 3 oil companies mentioned in the article are major investors in offshore wind and other renewable energy projects. These companies have spent hundreds of millions of dollars to purchase US offshore wind leases and will spend much more on the projects that follow. They are also major investors in low carbon intensity offshore oil and gas production.
  • Does the US government, which (at taxpayers expense) is sending a very large delegation to COP26, support this type of discriminatory behavior toward major contributors to our economy?
  • While the delegates are attending the conference, the folks at home are seething about gasoline prices and inflation.

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