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World Oil News
The Kaskida project is a greenfield development 250 miles southwest of New Orleans, in the Keathley Canyon area of the Gulf of Mexico. Comprising a single topside module supported by a four-column semi-submersible hull, the Kaskida FPU is supported by subsea production wells located in a water depth of approximately 6,000 ft.  Source
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The second day of the Energy NL Annual Conference & Exhibition 2024 got underway today with a morning address by the Honourable Seamus O’Regan Jr., Minister of Labour and Seniors, who outlined the Government of Canada’s efforts to support energy development, including amendments to the Atlantic Accord. Source
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The comprehensive campaign spans over 120 days and is segmented into five sub-campaigns, each addressing specific tasks crucial for the decommissioning process. Source
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The block has significant 2D and 3D seismic data already completed and no additional seismic acquisition or drilling of wells is planned in the three-year carried period. During this period, Eco will complete the interpretation and analysis required for its planned Work Program with its in-house exploration team. Source
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Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released new research that analyzes which oil and gas plays show the greatest rate of increase in drilling speeds and whether well costs correlate with drilling speeds. In addition, the report looks at how well designs are affecting drilling efficiencies. Source
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Engineering studies (FEED) are progressing for the development of the Sapakara and Krabdagu fields, with combined recoverable resources estimated above 700 MMbbl, thanks to the integration of Water Alternating Gas (WAG) injection technology to maximize recovery. Source
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The U.S. LNG developer has reviewed various equity investment offerings from the energy companies related to its proposed Driftwood plant, said the people, who asked not to be named as they’re not authorized to speak to the media. Source
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Buzzard reached peak production of 80,000 boed after its phase II started production in 2022. Today it’s closer to half that level of output. The field was shut from April 27 for 12 days of planned maintenance. There is another planned turnaround in late August for about 14 days. Source
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Drilling will shortly commence on the final section of the State 36-2R well.  The objective for this short section is to land the well safely within the Cane Creek reservoir and drill the remaining 320 ft to intersect both the reservoir and the productive natural fracture system encountered by the original well. Source
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The Energy NL Annual Conference & Exhibition 2024 began on Tuesday, June 4, 2024, with an opening address by Premier Dr. Andrew Furey, who committed his support for the Newfoundland and Labrador energy industry, including the offshore oil and gas sector and the renewable energy sector. Source
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