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Global E&P Briefs Global E&P Briefs Global E&P Briefs Global E&P Briefs

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US issues proposal facility, which would provide on Arctic drilling improved capital ef? ciency, regulations similar to Chevron’s Jack/

The US Bureau of Safety and St. Malo project. Chevron

Environmental Enforcement recently acquired an inter- (BSEE) and the Bureau of est in Tiber and Gila from

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Ocean Energy Management BP. Chevron, BP and (BOEM) released proposed ConocoPhillips already regulations for exploratory held interests in the Gibson drilling activities on the US prospect.

Arctic Outer Continental

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Noble bites Madison dust

Shelf. The regulations focus

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The US Gulf of Mexico solely on offshore exploration

F deepwater Madison well has drilling operations within the been plugged and aban-

Beaufort Sea and Chukchi Sea doned after failing to ? nd planning areas.

commercial hydrocarbons.

According to BSEE, the

Operator Noble Energy proposed rule seeks to drilled the well to a total address issues relating to

E D depth of 16,850ft, in 7149ft (100%) and the Camarupim design, development of an water depth, on Mississippi Norte concession is a integrated operations plan,

Canyon 479. It reached the partnership between the ability to deploy source targeted Upper and Middle Petrobras (75%) and Ouro control and containment

Miocene objectives. Noble Preto Energia (25%).

equipment, and procure-

Energy has 60% working ment of – and the ability to

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Campos basin Carribean interest with partner Stone deploy – a separate relief rig ? nd for Petrobras FLNG delayed

Energy Offshore holding the in the event of loss of well remaining 40%.

control situation, the ability Petrobras has made a new Belgium’s Exmar announced to monitor and respond to ice heavy oil discovery in that operator Paci? c Rubiales

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Explosion conditions and other adverse concession BM-C-35 (explor- Energy will delay start-up for kills six off Brazil weather events, the ability to atory block C-M-535), in the the Caribbean FLNG project

BW Offshore con? rmed that effectively manage contrac- Campos Basin post-salt layer. offshore Colombia, which an explosion on the Cidade tors, and the development The discovery was made was to be the ? rst operational

São Mateus FPSO, offshore and implementation of an oil while drilling well 1-BRSA- FLNG facility.

Espirito Santo state, Brazil, spill response plan. 1289-RJS (ANP nomenclature) Exmar said that Paci? c has resulted in six dead, three / 1-RJS-737 (Petrobras nomen- Rubiales attributed the delay

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Supermajors team up missing. There were 74 work- clature), informally known as to “unfavorable energy market for Gulf exploration ers onboard at the time of the Basilisco. conditions,” but that the explosion, which happened A team of supermajors led The well is about 143km company remains committed at 12:50pm local time on 11 by Chevron are exploring from the city of Armação dos to the project. Exmar said

February. and appraising 24 jointly- Búzios, on the coast of Rio de the company plans to take

The explosion is thought help offshore leases in the Janeiro state, in 2214m water delivery of the FLNG vessel in to be caused by a gas leak northwest portion of Keathley depth. The accumulations 2H 2015.

in the pump house. BW

Canyon in the deepwater consist of heavy oil and can “The uncertainty in

Offshore says production

Gulf of Mexico. The deal be found in two different oil prices continues and on the unit was shut in and between Chevron, BP, and reservoir depths, at 3190m although we believe that shut down. Before the blast,

ConocoPhillips, covers the and 3521m. oil prices will recover, we the FPSO was working the

Tiber and Gila discoveries, Petrobras, which is are taking a cautious view

Camarupim and Camarupim and the Gibson exploratory operator with 65% interest, on the timing, reducing

Norte ? elds, about 120km prospect. Further exploration will now with its partner BP both our costs and our 2015 offshore. The FPSO began and appraisal will be done (35%) assess the extent of capital budget to match production at Camarupim of these leases, in addition the discoveries, as well as expected cash ? ow,” said in 2009. The concession to evaluating the potential the concession’s exploratory Ronald Pantin, CEO of Paci? c is operated by Petrobras of a centralized production potential. Rubiales Energy.

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