Posted in accidents, Gulf of Mexico, Offshore Energy - General, pipelines, tagged Chevron, Equinor, Gulf of Mexico production, Mars, Olympus, Shell pipeline, Ursa on August 12, 2022| Leave a Comment »
But late Thursday, a Shell spokesperson said that repairs were underway and that the company expected both pipelines to be back in service Friday.
CNN
This is a good example of the interconnectivity of deepwater projects with major Shell, Chevron, and Equinor facilities shut-in as a result of a relatively minor downstream pipeline incident.
Mars crude price appears to have reacted to the shut-in news:
Posted in accidents, Gulf of Mexico, Offshore Energy - General, tagged Gulf of Mexico, Mars, Olympus, pipeline, production shut-in, Shell, Ursa on August 11, 2022| Leave a Comment »
A small pipeline leak (estimated 2 bbl spill) at an onshore booster station is having a major impact on Gulf of Mexico production. Per Reuters, as much as 600,000 bopd could be temporarily shut-in. GoM production averaged 1.6 million bopd in May.
These major platforms are reported to be shut-in:
Shell, the pipeline operator, did not provide an estimate on the resumption of production.
Posted in climate, energy policy, Offshore Energy - General, tagged Amendments, Congressman Roy, Inflation Reduction Act on August 11, 2022| Leave a Comment »
They are listed here. This one is the most entertaining 😀
AMENDMENT TO SENATE AMENDMENT TO H.R. 5376
OFFERED BY MR. ROY OF TEXAS
Strike line 1, page 1, and all that follows.
Posted in accidents, CCS, decommissioning, Offshore Energy - General, pipelines, Regulation, tagged aban pearl, BSEE, CCS, flaring, Hogan and Houchin, Huntington Beach, incident data, offshore pipelines, Russell Peterson, Trinity Spirit, USCG on August 11, 2022| Leave a Comment »
Posted in Offshore Energy - General, tagged Colibri, Daryl Vaz, Jamaica, offshore drilling, United Oil and Gas on August 10, 2022| 1 Comment »
Jamaican Energy Minister Daryl Vaz “cautiously anticipates a play-opening exploration well declaration by 2024.”
bnamericas
With extensive seismic data coverage, including 2,250 km2 of 3D data, numerous plays and prospects have already been identified and mapped across the area – leading to over 2.4 billion barrels unrisked mean prospective resources being assigned to the licence. The drill-ready, high-impact Colibri prospect alone contains mean prospective resources of 406 mmbbls.
United Oil & Gas
The Colibri prospect is in 750 m of water, and according to this article, would be developed with a tenstion-leg platform if a commercial discovery is made.
Posted in energy policy, gas, natural gas, Offshore Energy - General, tagged Marcellus Shale, offshore gas, shale gas revolution on August 9, 2022| Leave a Comment »
Where would we, and the world, be today without the shale gas revolution? 12.5 years after posting about this amazing success story, I’m still waiting for the national celebration!
For a reminder about the environmental advantages of natural gas in general, and nonassociated offshore gas in particular, see this post.
Posted in energy policy, Offshore Energy - General, tagged claims, disputes, oil and gas, South China Sea on August 8, 2022| Leave a Comment »
The dashed red line outlines China’s claim. Needless to say, Brunei, Indonesia, Malaysia, the Philippines, Taiwan, and Vietnam differ with China’s creative interpretation.
In recent years, satellite imagery has shown China’s increased efforts to reclaim land in the South China Sea by physically increasing the size of islands or creating new islands altogether. In addition to piling sand onto existing reefs, China has constructed ports, military installations, and airstrips—particularly in the Paracel and Spratly Islands, where it has twenty and seven outposts, respectively.
Global Conflict Tracker
Never mind that Beijing’s claims are fundamentally incompatible with established international law on maritime boundaries, the United Nations Convention on the Law of the Sea, which China has ratified and by which it professes to abide. Never mind, as well, that the claims have been ruled fraudulent by an international tribunal in The Hague.
ForeignPolicy.com
Posted in CCS, energy policy, Gulf of Mexico, Offshore Energy - General, tagged Lease Sale 257, Manchin, Schumer on August 7, 2022| 1 Comment »
Tucked into the end of the nearly $370 billion deal struck last week by Senate Majority Leader Chuck Schumer (D-N.Y.) and Senate Energy and Natural Resources Chair Joe Manchin (D-W.Va.) is a requirement for the Interior Department to reinstate a massive 80 million-acre Gulf of Mexico lease sale that a federal judge blocked earlier this year for violating NEPA.
E&E News
Tracts covering 1.7 million acres received bids at Lease Sale 257. 30.5% of those tracts received bids for CCS purposes, leaving about 1.2 million acres receiving bids for oil and gas exploration. Nonetheless, some continue to distort the magnitude of this rather ordinary lease sale. It’s also important to note that the number of active US offshore leases has declined by 72% since 2011, and is now under 2000 for the first time in decades.
Posted in energy policy, Gulf of Mexico, Offshore Energy - General, tagged BHP, East Breaks, Hoodoo, Lease Sale 257, Westwood on August 5, 2022| Leave a Comment »
Westwood has highlighted 13 wells planned for the remainder of 2022 as ‘key wells to watch’. These include a number of frontier play tests, for example Raia offshore Mozambique, and Pensacola, offshore UK; extensions of proven plays, including Zanderij offshore Suriname and Hoodoo, US Gulf of Mexico; and large prospects in proven plays, such as Wei, offshore Guyana.
Westwood
The Hoodoo prospect cited by Westwood is operated by BHP and is in East Breaks Blocks 699 and 700. At Sale 257 (11/17/2021), BHP was the sole bidder on 4 blocks just to the north of this prospect. The lease sale was vacated by a Federal judge in January. If the vacature of Sale 257 is not reversed, either by appeal or legislation, one or both of the following outcomes could easily occur:
Either outcome would be unfair to BHP and would discourage investment in OCS exploration and development.
Posted in Gulf of Mexico, Offshore Energy - General, tagged 75 years, drilling, Gulf of Mexico, leasing, production on August 3, 2022| Leave a Comment »
Per our post on the first Gulf of Mexico OCS production, here is what has happened since:
Except for the GAO pipeline estimate, all numbers are from BSEE and BOEM online data centers.
Bud's Offshore Energy (BOE) 