US upstream news

The combined purchase price and anticipated development capital represents an incremental ~US$450 million commitment to the Eagle Ford for Warwick.

McDermott will provide engineering, procurement, construction, installation and commissioning (EPCIC) for 30 miles (50 km) of pipeline and approximately 9 miles (15 km) of umbilical to connect five drill centres to a new offshore platform.

Several riser joints and the lower marine riser package separated from the Noble Globetrotter II ultra-deepwater drill ship during the storm and sank to the seabed.

Rystad Energy’s initial assessment of Hurricane Ida’s impact on US oil production and refinery capacity estimates a peak daily supply curtailment of 1.8 million bpd in the Gulf of Mexico.

Once delivered from the shipyard, the Deepwater Atlas is expected to commence operations at the Shenandoah project in 3Q22, with the initial drilling programme expected to last approximately 255 days.

According to Vaalco, compared to the current FPSO solution the Cap Diamant FSO will reduce storage and offloading costs at the Etame field offshore Gabon by almost 50%, as well as lower total operating costs by approximately 17% to 20% through to 2030.

The new service expands the depth detection range and improves resolution compared to existing services, while utilising cloud and digital solutions to offer reservoir insights.

Most US shale producers are being conservative in their production and capital guidance, as priorities remain around protecting balance sheets and generating free cash flow, according to GlobalData.

The electric fracturing solution reduced emissions for Chesapeake in the Marcellus by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake’s local field gas network.

Williams will also provide crude oil transportation services as well as onshore natural gas processing services for the Whale development, located approximately 10 miles from the Shell-operated Perdido host facility.