Posted in accidents, pipelines, Russia | Tagged Angela Merkel, germany, NordStream | Leave a Comment »
The quote below is encouraging. Hopefully, the technical team will be able to function independently, and will have strong leadership. I would like to see participation by the Petroleum Safety Authority of Norway.
“There are good teams in place to handle pipeline accidents, there are emergency pipe inventories and experts for onshore and offshore,” Jens Schumann, managing director of gas pipeline grid company Gasunie Deutschland, said.
Reuters
Meanwhile the seemingly straightforward Huntington Beach pipeline spill investigation drags on one year after the incident.
Posted in accidents, natural gas, Norway, pipelines, Uncategorized | Tagged germany, leaks, NordStream, Norway, pipelines, Sweden | Leave a Comment »
This notice from the Petroleum Safety Authority of Norway adds yet another twist to the Nord Stream saga:
In recent times, Ptil has received several notices/messages from operator companies on the Norwegian continental shelf about observations of unidentified drones/aircraft in the vicinity of offshore facilities. We have called for increased vigilance from all operators and shipowners on the Norwegian continental shelf.
Here is Nord Stream’s update on their investigations into the pipeline leaks:
Nord Stream AG has started mobilization of all necessary resources for a survey campaign to assess the damages in cooperation exchange with relevant local authorities. Currently, it is not possible to estimate a timeframe for restoring the gas transport infrastructure. The causes of the incident will be clarified as a result of the investigation.
Meanwhile, Swedish seismologists have reported explosions near the leaks.
Posted in accidents, Norway, Offshore Energy - General, pipelines | Tagged leaks, Nord Stream, Norway, pipelines, PSA | Leave a Comment »
190,358 BOPD shut-in as of 12:30 p.m. ET today. Presumably, most of the shut-in production is associated with the major deepwater platforms mentioned in our previous post. Given the projected storm track, these shut-ins should be brief.
Posted in Gulf of Mexico, hurricanes, Offshore Energy - General | Tagged BSEE, Gulf of Mexico, Hurricane Ian, shut-in production | Leave a Comment »
Based on current forecasts, Ian’s impact to Gulf of Mexico production facilities should be minimal. However, BP has shut-in Na Kika and Thunder Horse and Chevron has shut-in Petronius and Blind Faith given their more easterly locations.
Posted in Gulf of Mexico, hurricanes, Offshore Energy - General | Tagged Blind Faith, Gulf of Mexico production, Hurricane Ian, Na Kika, Petronius, Thunder Horse | Leave a Comment »
Attorney General Anil Nandlall today said that Guyana is closer to securing a Council of Legal Education-recognised law school.
Stabroek Times
Posted in Guyana | Tagged Guyana, law school, oil wealth | Leave a Comment »
Meloni at the rally said Italy should exploit gas resources in the Adriatic Sea and not just look to buy gas from countries like Algeria, as Draghi has done, to wean Italians from supplies from Russia, given that country’s war against Ukraine.
AP
Posted in energy policy, Offshore Energy - General | Tagged Adriatic, Giorgia Meloni, Italy, offshore gas | Leave a Comment »
Sept 22 (Reuters) – Talos Energy Inc (TALO.N) said on Thursday it will buy EnVen Energy Corp, a private producer in the deepwater U.S. Gulf of Mexico, in a $1.1 billion deal including debt.
As the data below demonstrate, this is a significant merger from a regional perspective. In 2021, the combined company would have been the sixth largest GoM producer of both oil and gas. The two companies are operating 105 platforms, and their 8 deepwater (>1000′) platforms are 14% of the GoM total. Their compliance records, while not at Honor Roll levels, are better than the GoM average based on INCs/inspection. Some major decommissioning projects loom (see the second table below), and the extent to which the merged company is financially prepared for these obligations is unknown. Particularly noteworthy is the Cognac platform, which was the world’s first platform installed in >1000′ of water.
| EnVen | Talos | |
| 2021 Oil (MMbbls) | 9.6 | 17.5 |
| GoM oil rank | 13 | 7 |
| 2022 Gas (Bcf) | 12.6 | 34.8 |
| GoM gas rank | 16 | 9 |
| 2021/2022 well starts | 8 | 8 |
| platforms: total | 14 | 91 |
| platforms >1000′ | 4 | 4 |
| BSEE inspections | 37 | 176 |
| 2022 INCs (W, CSI, FSI) | 12/4/1 | 38/23/10 |
| INCs/inspection | 0.46 | 0.40 |
Decommissioning obligations of note:
| Platform | owner | type | water depth (ft) | installed |
| Amberjack | Talos | fixed | 1100 | 1991 |
| VK 989 | Talos | fixed | 1290 | 1994 |
| Ram Powell | Talos | TLP | 3216 | 1997 |
| GC 18 | Talos | fixed | 750 | 1986 |
| Cognac | EnVen | fixed | 1023 | 1978 |
| Lobster | EnVen | fixed | 775 | 1994 |
| Brutus | EnVen | TLP | 2900 | 2001 |
| Prince | EnVen | TLP | 1500 | 2001 |
Posted in decommissioning, energy, Gulf of Mexico, Offshore Energy - General | Tagged Cognac, Deepwater, EnVen, Gulf of Mexico, merger, Talos | Leave a Comment »
The first 20 minutes of this video are highly recommended.
Posted in Uncategorized | Tagged Cajun music | Leave a Comment »
Which bid was rejected? BOEM announced that 307 of the 308 high bids were accepted. One bid was rejected on fair market value grounds. The unsuccessful bid is not specified on the Sale 257 web page.
When can we expect a statement from Exxon on their intentions for the 94 blocks they acquired? Those 94 blocks (31% of the entire sale) are the elephant in the room, yet we have heard nothing from the company. Given Exxon’s apparent interest in using these leases for CCS purposes, and the tax credits and Federal funding associated with CCS projects (as per the Infrastructure Bill and Inflation Reduction Act), clarification regarding Exxon’s intentions would seem to be appropriate.
Posted in energy policy, Gulf of Mexico, Offshore Energy - General | Tagged BOEM, CCS, Exxon, Lease Sale 257 | Leave a Comment »
Bud's Offshore Energy (BOE) 