World news
September 2016
In brief
September 2016
Oilfield Technology
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5
CCG announces joint
venture with GOSCO
CGG has announced that it has signed
an agreement with GNPC Operating
Services Company Ltd (GOSCO) to form
a joint-venture company dedicated to
conducting high-end 2D, 3D an 4D marine
service acquisition and related services
in the territorial waters of the Republic of
Ghana.
The primary aim of the joint-venture
company, known as GOSCO Geoscience
Limited (GGSL), is to make advanced seismic
vessels and marine seismic acquisition
technologies and services available to oil and
gas industry players operating in Ghana.
The new joint venture will be a Ghanian
indigenous company and be based in Accra.
Its creation also recognises and supports
the requirement for knowledge transfer
and capacity-building in the Ghanian E&P
industry as well as the need for safe an
efficient oil and gas operations undertaken
to the highest international standards.
Mexico
Royal Dutch Shell plc, through its affiliate
Shell Offshore Inc., has announced it has
an agreement to sell 100% of its record
title interest in Gulf of Mexico Green
Canyon Blocks 114, 158, 202 and 248,
referred to as the Brutus/Glider assets,
to EnVen Energy Corporation, through its
affiliate EnVen Energy Ventures, LLC. In
line with Shell’s global divestment plans,
this transaction includes US$425 million
in cash.
Norway
Det norske has announced that drilling
of exploration well 25/2-18 S on the
Langfjellet prospect in the North Sea is
about to be completed.
The well encountered a gross oil
column of 109 m in the Vestland Group.
A technical sidetrack was drilled to
collect data and the well is currently
being prepared for a sidetrack and
welltest. Preliminary volume estimates
for the discovery are in the range of
24 to 74 million boe.
Senegal
Following the successful results of
the 2015/2016 appraisal programme
of the SNE oilfield offshore Senegal
in West Africa, FAR Ltd has assessed
that the minimum economic field size
for a commercial development has
been achieved. Cairn Energy PLC, the
operator, had previously assessed
the minimum economic field size for
the SNE project to be approximately
200 million bbls.
With the successful completion of the
2015/2016 appraisal drilling programme
(SNE - 2, SNE-3 BEL-1 and SNE-4), the
project is at the pre-FEED stage and
development planning is underway.
Statoil and Petrobras sign MoU for Santos & Campos basins
Statoil and Petrobras have taken a step forward in strengthening their cooperation in Brazil by
signing a Memorandum of Understanding (MoU).
The intention of the MoU is to evaluate joint participation in future tenders for exploration
areas and to increase upstream collaboration in producing fields in the Santos and Campos
offshore basins.
The agreement also sets out a potential framework for co-operation on value creating
opportunities in the gas value chain. The agreement was signed by Petrobras’ president and
CEO Pedro Parente and Statoil’s CEO Eldar Sætre during the ONS 2016 conference in Stavanger.
It follows the agreement in July 2016 whereby Statoil acquired Petrobras’ 66% operated
interest of the BM-S-8 offshore license in the Santos basin, subject to government approval.
“This MoU reflects our long-term commitment to Brazil and is a result of our strong and
long-standing relationship with Petrobras. Collaboration with partners like Petrobras, a
company well-known for its technical expertise and profound knowledge about one of our core
strategic areas, represents an excellent opportunity for us”, said Statoil CEO, Eldar Sætre.
Petrobras and Statoil through this agreement will continue their exploration strategic
alliance, with the intent to define opportunities in the pre-salt polygon of the Santos and
Campos basin.
The companies aim to capture value through application of technology and simplification
of operational activities. Currently, Petrobras and Statoil are partners in 13 blocks in either
exploration or production; 10 in Brazil and three abroad.
The agreement has a horizon of two years, and the joint activities undertaken will depend
on negotiations following the signing of the document.
Phoenix DAS announces free
electronic field ticket app
Phoenix DAS has introduced a free version
of their mobile field ticketing application.
The free OpenTicket module allows service
companies to replace paper-based field
tickets, enhancing workflow in the field,
improving the accuracy of information, and
decreasing the payment cycle from customers.
The OpenTicket module is fully mobile,
works offline, and includes a live dashboard
for tracking completed, in-progress and
invoiced jobs. Management teams are
provided with full visibility of each job, and
can follow every step in real time.
Companies that are using the OpenTicket
module have reported a reduction in days
sales outstanding of approximately 22 days,
on average, as compared to paper-based
tickets.
The OpenTicket module can be used
standalone, or combined with other
Phoenix DAS software modules depending on
operator requirements.
