This seems to be a good summary video and includes a clip of the FPSO that will be producing the field.

Posted in Offshore Energy - General, tagged dispute, FPSO, Israel, Karish Field, Lebanon on June 8, 2022| Leave a Comment »
Posted in energy policy, Gulf of Mexico, Offshore Energy - General, tagged leasing, offshore energy, oil production, supply chain on June 7, 2022| Leave a Comment »
active leases ➡ producible leases ➡ energy production
The future of US offshore energy production is in jeopardy. As is clear in the first chart below, the problem is the precipitous decline in opportunities (l.e. leases), not the will to produce. At 27.3% (6/2022 data), the % of active leases that are producing is near the historic high of 30%. The spin doctors really need to drop the old and tired nonproducing leases excuse.
While not nearly as high as it could be with better lease management, offshore production has held up relatively well thanks to deepwater discoveries that were made years ago and technical innovation that makes projects more cost-effective, safer, and cleaner. Gulf of Mexico production should be relatively stable for several years as production from these projects offsets declines elsewhere. However, in the intermediate and longer term, reserve depletion and the absence of new exploration opportunities ensure a downward production trend.


Posted in California, drilling, Offshore Energy - General, tagged 9th circuit, court decision, offshore California, well stimulation on June 6, 2022| Leave a Comment »
A full EIS is needed!
Further to the summary from the 2016 EA announcement, it appears that the only Pacific Region well operations over the past 2 years have been for plugging and abandonment purposes. The legal circus continues with or without actual operations.
There have been 24 well stimulation treatments (21 of which involved hydraulic fracturing) on the OCS offshore California between 1982 and 2014, and these were conducted on four of the 23 platforms. Reservoirs on the OCS off Southern California tend to be much more permeable than onshore reservoirs, and are already highly naturally fractured. Therefore, little permeability enhancement has been required for their development. As described in the scenario evaluated in the EA, the future use of Well Stimulation Treatments is expected to continue to be occasional rather than essential to hydrocarbon production from these platforms.
BOEM, 2016
Posted in drilling, Gulf of Mexico, Offshore Energy - General, tagged drilling, Gulf of Mexico, rig counts on June 4, 2022| Leave a Comment »
Posted in energy policy, Gulf of Mexico, Offshore Energy - General, rigs-to-reefs, tagged aquaculture, Gulf of Mexico, NAOA, Rigs-to-Range, Rigs-to-Redfish/Rockfish, rigs-to-roe on June 3, 2022| Leave a Comment »

As is the case every 5 years or so, there is another aquaculture push within the Federal government. It looks like this will be a very process-rich endeavor (check out the list of “Scoping Information Needs“), so don’t expect much soon.
NOAA Fisheries is conducting public scoping for a programmatic environmental impact statement to consider identifying one or more AOAs in federal waters of the Gulf of Mexico. The programmatic environmental impact statement will evaluate the impacts and benefits associated with siting aquaculture in those locations, which could occur through future proposals and project level review. Public scoping is an opportunity for the public to provide input on the range of issues to be addressed in the programmatic environmental impact statement. This is a planning effort and no specific aquaculture-related activities or individual aquaculture projects are being proposed at this time.
NOAA FIsheries
Posted in Alaska, energy policy, Gulf of Mexico, Offshore Energy - General, tagged 554days, locked down, OCS Leasing Program, political prisoner on June 2, 2022| Leave a Comment »
Locked down for 561 days!

What the law says vs. current reality
Now <500 producing leases for the first time in more than 5 decades!
Posted in energy policy, Gulf of Mexico, hurricanes, natural gas, Offshore Energy - General, tagged Gulf of Mexico, jackup rigs, LNG, New Fortress Energy on June 1, 2022| Leave a Comment »
In the past the thought was that we would be importing LNG, i.e. “Rigs-to-Regasification.” Now that we are exporting LNG, we are adding “Rigs-to-Refrigeration” to the alternative use list.
Per our previous post on this topic, New Fortress Energy is moving forward with fast-track LNG projects in the Gulf. Three converted jack-up rigs purchased from Maersk will make up the first “Fast LNG” liquefaction train.

New Fortress is planning to install its first two “Fast LNG” units in West Delta Lease Block 38, located about 16 nm off Grand Isle, Louisiana. The two independent liquefaction trains at this deepwater “port” would export about 1.4 million tonnes per annum (mtpa) of LNG each. Though small by shoreside standards, the plant design would offer a number of advantages, like low cost and speed to market – a critical factor at a time of high demand for LNG. The company says that it should be able to produce each facility on an 18-20 month timescale, from engineering through construction and commissioning.
Maritime Executive
Given the challenges posed by tropical storms, particularly for jackup units, the design criteria for these “permanent” jack-up liquefaction facilities and the role of classification societies are of particular interest.
Posted in Canada, Offshore Energy - General, tagged Cenovus, Newfoundland, West White Rose on May 31, 2022| Leave a Comment »
Newfoundland is only 30 to 90 minutes ahead of the other Atlantic provinces and states, but the offshore energy gap is much greater. Newfoundland continues to be the only Atlantic producer, and the future is looking brighter with another positive step by industry and the provincial government.
Calgary, Alberta (May 31, 2022) – Cenovus Energy Inc. and its partners have agreed to restart the West White Rose Project offshore Newfoundland and Labrador. First oil from the platform is anticipated in the first half of 2026, with peak production anticipated to reach approximately 80,000 barrels per day (bbls/d), 45,000 bbls/d net to Cenovus, by year-end 2029.
Construction includes the completion of the concrete gravity structure and topsides, which will serve as the drilling platform for the project. Once installed, the platform will be tied into existing infrastructure.
Cenovus

Posted in Gulf of Mexico, Offshore Energy - General, tagged deepwater production, floating production units, Gulf of Mexico, oil production on May 31, 2022| Leave a Comment »
Waiting for a boost from the deepwater startups. The first of that group, King’s Quay did not begin producing until April.

Posted in accidents, hurricanes, Offshore Energy - General, tagged Coast Guard, macondo, Memorial Day on May 28, 2022| Leave a Comment »