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Chevron cancels Success

Beaufort plans offshore Brazil

Chevron is canceling plans Petrobras has made new oil to drill for oil in the Beaufort discoveries in the Espirito

Sea in Canada’s Arctic Santo Basin, according to because of economic uncer- partner Inpex. tainty in the industry amid The discoveries, in the low oil prices. BM-ES-23 concession, 115km

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The move follows Husky offshore the State of Espirito

Energy’s decision to defer an Santo, found 36° API oil at

K investment decision on the 4300m deep.

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West White Rose project off- Petrobras, Inpex and PTTEP, shore Atlantic Canada. COO are conducting an ongoing

Rob Peabody said the ? rm was appraisal drilling campaign on going to evaluate cost ef? cien- the block. cies on a proposed platform Also offshore Brazil, for the ? eld. production testing began on Karoon Gas Australia’s

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Woodside in

Kangaroo-2 appraisal well, in produce about 24,000 boe/d,

Nova Scotia farm-in exploration Block S-M-1165. from what will become the

BP accepted Woodside’s offer Karoon said ? ow rates reached ? rst normally unmanned plat- to acquire a 20% interest in 1820-3700 stb/d through form west of Shetland.

exploration licenses 2431, 40/64-88/64in. chokes.

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First oil on 2432, 2433 and 2434, in the The oil is 33° API with

Eld? sk II achieved

Scotian basin, off Nova Scotia, zero CO2, H2S, water or sand production wells on the ? eld,

ConocoPhillips achieved ? rst Canada. BP will remain produced on a ? rst produc- in the Norwegian North Sea to install subsea equipment and oil on its Eld? sk II project in operator. tion test and 31° API oil with achieved ? rst production the Norwegian North Sea. The licenses cover 14,000sq zero CO2, H2S, water or sand early January.

plug wells no longer in use.

Eld? sk II, along with Eko? sk Valemon, containing about km in 500-3600m water produced on a second. Balder is a subsea develop-

South and other projects off- 192 MMboe recoverable depth. The future work pro- Work is underway to start ment tied back to an FPSO. shore Norway, will add about reserves, is being produced gram is anticipated to include a side-track program in both

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Egypt signs 60,000 boe/d production by drilling exploration wells down-dip and up-dip locations by what will become Statoil’s six agreements 2017, ConocoPhillips said. from 2017. to better de? ne the resource ? rst platform remotely con-

The Eld? sk II project trolled from shore, turning size and recovery factors. Egypt’s government has

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Chevron’s includes plans to drill 40 into a “normally unmanned signed six new agreements for

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Anchor hits big Steel cut on Catcher new production and water platform” when drilling the oil and gas exploration in the injection wells from the new 10 production wells on the Chevron made a signi? cant Earlier January, Premier Oil Gulf of Suez and the Western

Eld? sk 2/7 S platform. ? eld completes in 2017. oil discovery at its deepwater saw ? rst steel cut on the North Desert, the Oil Ministry said.

First oil was also achieved Condensate from Valemon US Gulf of Mexico Anchor Sea Catcher project FPSO. The agreements were with from the Det norske-operated will be piped to Kvitebjørn for prospect. Preparations for development Shell, Italy’s Eni, BP and

Bøyla ? eld offshore Norway. processing, and from there to Chevron says the high drilling on Catcher are due Canada’s Trans Globe, along

Bøyla, a subsea tie-back to Mongstad. Gas will be sent to quality oil pay was found to start in 2H 2015, with the with Tharwa and General the Alvheim FPSO is esti- Heimdal for processing. in multiple Lower Tertiary project on schedule for ? rst oil Petroleum Co., the state- mated to contain 23 MMboe Wilcox Sands at well No. 2. in 2016. owned companies, with

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West Alpha and is expected to produce The ? rm is expecting to begin Premier Oil was planning minimum investments of to drill Balder at a gross peak rate of about appraisal drilling later this to submit a plan for develop- about US$5.271 million and a 20,000 boe/d. ExxonMobil received consent year. ment for the Vette (previously signature bonus of $124 mil- from the Petroleum Safety The well is 225km offshore named Bream) FPSO develop- lion to drill 41 wells.

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Valemon

Authority Norway to use the Louisiana in Green Canyon ment offshore Norway during

J comes on stream Nene Marine

Block 807, in 1580m water January. West Alpha semisubmersible quick start

The Statoil-operated, US$2.95 depth and was drilled by First oil on Premier’s west drilling rig on the Balder ? eld, billion Valemon high-pres- in the central North Sea. Paci? c Drilling’s Paci? c Santa of Shetland Solan ? eld, is now Italy’s Eni has started produc- The West Alpha will be sure, high-temperature, gas Ana drillship, to a depth of targeted for Q2, after weather tion from Nené Marine ? eld, used to drill and complete new and condensate development 10,287m. delays. Solan is expected to offshore Congo, just eight

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