The assets currently produce approximately 28 623 boe/d, consisting of approximately 118.9 million ft3/d of natural gas, 5646 bpd of NGLs and 3161 bpd of condensate and light oil.
John Bell, Akselos, looks at the new super-fast simulation technology that is helping companies in the upstream industry achieve asset life extension.
Shell plan to use Trendsetter’s 15 000 psi 2 in. connectors to deliver gas lift service in the Princess Field located in the Gulf of Mexico.
A number of high-profile deals were signed at this year's St Petersburg International Economic Forum in Russia.
The company said the floating production system, located in the first producing field in the Norphlet area, will produce around 175 000 boe/d of oil and gas.
The winning companies offered bids totalling US$724 million, the government said in official statements, and won the rights to explore for up to 13 years in areas of the South Atlantic.
The company’s latest research reveals the top five companies with the greatest ABEX exposure from producing fields in the UK.
Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore master service agreement (MSA) with BMT.