Assuming no significant tropical storm shutdowns this month, we should get a good read on the impact of the pipeline outage when the EIA production data for August are posted.
Posted in accidents, Gulf of Mexico, Offshore Energy - General, pipelines | Tagged Gulf of Mexico oil production, Mars pipeline, Shell | 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, pipelines | Tagged Chevron, Equinor, Gulf of Mexico production, Mars, Olympus, Shell pipeline, Ursa | 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: Mars, Ursa, and Olympus
- Chevron: Jack/St. Malo, Tahiti, and Big Foot
- Equinor: Titan
Shell, the pipeline operator, did not provide an estimate on the resumption of production.
Posted in accidents, Gulf of Mexico, Offshore Energy - General | Tagged Gulf of Mexico, Mars, Olympus, pipeline, production shut-in, Shell, Ursa | 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 climate, energy policy, Offshore Energy - General | Tagged Amendments, Congressman Roy, Inflation Reduction Act | Leave a Comment »
- 2021 (entire year) and 2022 (first half) BSEE incident tables. If safety is the highest priority, these data should be updated quarterly.
- IRF 2021 safety performance data
- An international treaty (accompanied by a standard) on disclosing major offshore accidents and the collection and release of incident data. (Also, see this related post.)
- Hogan and Houchin decommissioning update, most notably the financial responsibility aspects
- Huntington Beach pipeline spill report
- Workable California decommissioning legislation
- ONRR flaring and venting data (update: ONRR advises that they anticipate publication of these data in September.)
- DOI statement on the Sale 257 carbon sequestration bids
- Definitive casualty information and report on the 2-2-2022 Trinity Spirit FPSO fire
- Updated DOI-DOT offshore pipeline regulations
- Coast Guard report on the May 2008 Russell Peterson liftboat tragedy
- Updated US Coast Guard Subchapter N regulations
- Information on the mysterious sinking of the Aban Pearl semi-submersible in May 2010.
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 | Leave a 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 Offshore Energy - General | Tagged Colibri, Daryl Vaz, Jamaica, offshore drilling, United Oil and Gas | 1 Comment »
This interesting IER analysis of the US oil boom follows the methodology used by the White House to justify the unprecedented SPR withdrawals.
The bottom line is a $2/gallon savings to consumers totaling more than $2 trillion. As is the case with natural gas, most of the production boom is attributable to operations on private lands, without which we would be in deep economic trouble.
Posted in energy policy | Tagged IER, oil boom value, savings analysis | 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, gas, natural gas, Offshore Energy - General | Tagged Marcellus Shale, offshore gas, shale gas revolution | Leave a Comment »
- Largest-ever one year decline – 151.4 million bbl or 24.4% (see table below)
- 35.3% decline since 2010 (see chart below)
- 69 consecutive weeks of decline – 4/9/2021 to 7/29/2022
- For the first time, broke the 500 million barrel threshold (on the downside): 6/24/2022
- Lowest inventory since 5/17/1985 when the reserve was still being filled
| 7/30/2021 | 621.3 million bbls |
| 7/29/2022 | 469.9 million bbls |
Posted in energy policy | Tagged depletion, milestones, Strategic Petroleum Reserve | 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 energy policy, Offshore Energy - General | Tagged claims, disputes, oil and gas, South China Sea | Leave a Comment »
Bud's Offshore Energy (BOE) 