Page 14: of Offshore Engineer Magazine (Jun/Jul 2013)

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Global Briefs

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C ConocoPhillips Shell to develop paused its 2014 Alaska

Stones project

Chukchi Sea drilling

Royal Dutch Shell plc will program, saying it would develop the Stones ultra- not be practical to make deepwater project in 9,500ft

B C monetary commitments of water, about 200mi given uncertainties of southwest of New Orleans. evolving federal regulatory

D

Development will start with requirements and lion in revenue, ANP said.

two subsea wells tied back operational permitting Total offered the highest bid to an FPSO, followed by six standards. for a single block, US$171.4

E additional wells. This frst million (R$345.950 million), phase is expected to reach

B for Block FZA-M-57, in the Julia feld peak production of 50,000

Foz do Amazonas Basin. To- to be developed boe/d.

ExxonMobil and Statoil (50% tal (40%) will operate with

F

D each) will develop Julia oil partners Petrobras (30%)

Brazil enjoys feld, 265 miles southwest of and EOC BP (30%). licensing success

New Orleans in the Walker ANP, Brazil’s National Petro- (1-RJS-711), known as

E

Ridge area of the US Gulf of leum Agency, announced the Entorno de Iara 1, is in

Petrobras discovery

Mexico. Initial development winners of its 11th licens- Petrobras discovered good- 2266m of water, 235km off will be designed to produce ing round. There were 289 quality oil (26° API) in the Rio de Janeiro state. The 34,000 bo/d, Exxon said. blocks (150,000 sq km) up Entorno de Iara area in the well produced oil from car-

Capital costs could be more for bid. Thirty high bids were Santos Basin pre-salt region. bonates at 5045m, just below than US$4 billion. accepted, about US$1.4 bil- Well 1-BRSA-1146-RJS the salt.

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