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190917 Equinor Utgard

Equinor brings Utgard gas, condensate field on stream

Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea, came on stream Sept. 16, reported Equinor Energy AS, the operator. The company estimates Utgard’s resources at 40 million boe.

MARKET WATCH: Oil price benchmarks jump about $8/bbl

Light, sweet crude prices soared by about $8/bbl on markets in New York and London Sept. 16 as investors evaluated the effects on Saudi crude oil production following drone strikes that knocked out 5.7 million b/d.

190912 Rystad Production Chart

Rystad: US shale production to reach 14.5 million b/d by 2030

US shale production will peak at 14.5 million b/d around 2030, Rystad Energy forecast, saying US light, tight oil (LTO) represented less than 1% of world oil supply 9 years ago but represents close to 10% of total world oil supply in 2019.

190912 Equinor Tordis Vigdis

Tordis, Vigdis facilities to operate 34 years beyond previous consents

Equinor has been granted consent by the Norwegian Petroleum Directorate to use the facilities on Tordis and Vigdis fields in the North Sea beyond their respective December 2019 and March 2024 consents.

API issues offshore operations integrity management standards

API published three new integrity management standards on Sept. 10 to assure continued reliable and efficient operation of offshore floating production platforms, including facilities designed to produce crude oil and natural gas as well as export LNG.

Hurricane well flows 9,800 b/d off UK

Hurricane Energy has suspended for possible completion as an oil producer its 205/26b-14 Lincoln Crestal well in the West of Shetlands area offshore the UK. The well flowed on tests with an electric submersible pump at a maximum stable rate of 9,800 b/d.

190911 Wgc Equus Schematic

Western Gas aiming for 2024 for start of Equus gas production

Western Gas Corp. reported that its Equus gas project offshore Western Australia is on track for coming on stream in 2024. The estimate follows completion of an “upstream-to-LNG development plan” and the commencement of project financing and partnering.

Alberta okays MEG’s Surmont SAGD project

The Alberta government has approved the development plan for MEG Energy Corp.’s Surmont oil sands project 53 miles south of Fort McMurray. The phased project is to have ultimate production capacity of about 120,000 b/d of bitumen from SAGD.

Aramco lets contracts for work offshore Saudi Arabia

Saudi Aramco has let contracts to Subsea 7 for projects offshore Saudi Arabia.

190909 Noble Leviathan Lift

Two main topsides lifted onto Leviathan platform

Heerema Marine Contractors’ Sleipnir semisubmersible crane vessel, said to be the world’s largest, completed a 15,300-tonne lift, installing the topsides for Noble Energy’s Leviathan development in the Mediterranean Sea.

ExxonMobil, SBM Offshore sign long-term FPSO supply deal

ExxonMobil Corp. and SBM Offshore NV, Amsterdam, have signed a long-term agreement covering potential future orders for floating production, storage, and offloading vessels.

Equinor, partners planning October start-up for Johan Sverdrup

Equinor, as operator, and its partners—Lundin Norway, Petoro, Aker BP, and Total SA—have accelerated the planned start-up schedule for Phase 1 production of Johan Sverdrup oil field to October from November.

Suction anchor and template from Aker Solutions in Sandnessjoen passing Helgelandsbroen.

Equinor brings Snefrid Nord gas field on stream

Equinor and partners on Sept. 1 started production from Snefrid Nord natural gas field, the first discovery tied back to Aasta Hansteen field, in the Norwegian Sea, setting a new depth record on the Norwegian continental shelf.

Ohio reports higher 2Q crude production from Utica shale

Crude oil production from horizontal wells increased at a higher rate year-to-year during the second quarter than for horizontal wells producing natural gas in the Buckeye State, the Ohio Department of Natural Resources (ODNR) reported on Sept. 3.