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Oil and Gas Energy News Update

Showing posts with label Platforms. Show all posts
Showing posts with label Platforms. Show all posts

Thursday, September 8, 2011

Weather Watch: BP Evacuates Nonessential Personnel from GOM Platforms

- Weather Watch: BP Evacuates Nonessential Personnel from GOM Platforms

Thursday, September 08, 2011
Rigzone Staff
by Saaniya Bangee

BP has evacuated nonessential personnel from three of its production platforms in the Gulf of Mexico due to Tropical Storm Nate.

BP spokesman Daren Beaudo said personnel have been evacuated from the Mad Dog, Holstein and Atlantis platforms in the southern Green Canyon section of the Gulf of Mexico.

The storm is expected to move toward the southern tip of Texas but will not make landfall until late Sunday or Monday, according to the National Hurricane Center.

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Tuesday, August 9, 2011

Black Elk, ES&G Join Forces to Protect Platforms during Hurricane Season

- Black Elk, ES&G Join Forces to Protect Platforms during Hurricane Season

Tuesday, August 09, 2011
Black Elk Energy, LLC

Black Elk announced a proactive project with ES&H Consulting & Training Group to strategically place waterproof sensors on each platform. The sensors emit a continuous location signal that is used as a tracking device. If the sensor becomes submerged or is damaged, as it might in hurricane conditions, the signal is then lost, suggesting damage to the structure and thus a possible environmental impact. This would alert ES&H Consulting & Training Group and Black Elk Energy to quickly investigate the incident, enabling a more effective management response. Black Elk Energy is currently 50% deployed with the remainder to be installed within the next 45 days.

The units are manufactured by ESSI Corporation and utilize low earth orbit satellites (LEO) and transmit on L-band frequencies, providing excellent rain fade performance. The systems send a small data packet with location information, battery status, etc., every four hours as long as there is a clear line of sight to the sky. If no signal is received, resources can be concentrated within 4 hours’ passage of a storm. The lithium ion batteries last an entire hurricane season and are field serviceable.

"We understand the importance of being prepared for what may come with hurricane season," said John Hoffman, CEO of Black Elk Energy. "This new technical measure will aid in the overall tracking and management of our platforms in the Gulf. Black Elk Energy maintains an intranet site that provides a gulf-wide view of each of our platforms, which indicates a green symbol for every structure that’s operating normally."

"We commend Black Elk Energy for initiating a proactive measure for their platforms in the Gulf of Mexico, just in time for hurricane season," said Kevin Voisin, Vice President/Partner of ES&H Consulting & Training Group. "We believe this project proves Black Elk’s commitment to the environment and certainly demonstrates their efforts in going above and beyond industry standards to diligently monitor the integrity of their platforms."

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Tuesday, June 21, 2011

Pemex to Lease 8 Platforms in Deal Worth $1.2B

- Pemex to Lease 8 Platforms in Deal Worth $1.2B

Tuesday, June 21, 2011
Dow Jones Newswires
MEXICO CITY
by Laurence Iliff

Pemex said it expects to issue soon an international tender to lease eight offshore oil platforms, along with other work in the southern Gulf of Mexico, in a deal worth more than $1.2 billion.

Pemex said the rigs will be used for the drilling, termination, maintenance and repair of wells as part of its program to maintain crude-oil output at its two biggest oil complexes in the Gulf: the mature Cantarell fields and nearby Ku-Maloob-Zaap, or KMZ.

A Pemex Exploration and Production committee has approved the tender, which now moves to the board of directors. If authorized, Pemex said, the tender would be published in the official government gazette and posted on its website in July, with some contracts to begin by the end of the year and early next year.

Five of the platforms are destined for KMZ, Pemex's No. 1 production site, which averaged about 845,000 barrels a day during the first five months of the year, according to Pemex preliminary figures.

Two of the platforms are to be used at Cantarell, a supergiant field that began declining in 2004. Cantarell averaged about 465,000 barrels a day in the January-to-May period of this year. Pemex's total crude-oil output averaged about 2.570 million barrels a day over the same five months.

The platform leasing program will be staggered and end in 2016, Pemex said.

Copyright (c) 2011 Dow Jones & Company, Inc.

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Thursday, May 26, 2011

CB&I Secures Engineering Work for Golden Eagle Platforms

- CB&I Secures Engineering Work for Golden Eagle Platforms

Thursday, May 26, 2011
CB&I

CB&I has been awarded a contract valued at approximately $150 million by Nexen Petroleum U.K. Limited for the detailed engineering of two fixed platforms for the Golden Eagle field in the U.K. sector of the North Sea.

CB&I's scope of work includes detailed engineering design for the topsides facilities of a wellhead platform and a production utilities and quarters platform. CB&I's contract is expected to be completed by year-end 2012. CB&I recently completed the front-end engineering design (FEED) for the project.

"This award builds on our decades of experience in the offshore industry," said Philip K. Asherman, President and CEO. "Following our successful completion of two projects in the Buzzard field, we are pleased to extend our relationship with Nexen for additional work in the North Sea."

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Tuesday, April 5, 2011

Leed Halts Production at GOM Platforms

Leed Halts Production at GOM Platforms

Tuesday, April 05, 2011
Leni Gas & Oil plc
Leni Gas & Oil announced potential short-term impacts following the recent announcements by Leed Petroleum plc ("Leed").

Leed has notified the Company that with immediate effect it has temporarily suspended production from the Eugene Island -184 ("EI-184") and Ship Shoal-201 ("SS-201") platforms where LGO has interests in the Gulf of Mexico. This follows the decision of Leed's Board of Directors to cease business operations at the end of March. LGO holds net royalty interests in the EI-184 development ranging from 2.50540% to 6.04167% and receives a 0.4714% overriding royalty interest from SS-201. Leed has indicated that these suspensions are expected to be temporary and will be reviewed once their principle creditor, UniCredit Bank AG ("UniCredit"), has appointed a receiver.

Production from EI-184 has been seriously constrained during 2011 awaiting the planned recompletion of the A-8 well and consequently the present shut-in has only marginal impact on the Company's financial projections for 2011. The longer term impact is considered to be a deferral of production which is expected to be restored with reserves recovered at a later date.

The Company continues to monitor the situation closely and has notified Leed and UniCredit of its wish to see production operations restored without delay.