Alex Procyk

Houston

Upstream Editor at Oil & Gas Journal

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Articles

Valeura Energy takes FID on offshore Thailand field redevelopment

3 days ago | ogj.com | Alex Procyk

Valeura Energy has FID on redevelopment of Wassana field offshore Gulf of Thailand. Wassana proved plus probable (2P) reserves will increase to 20.5 million bbl with redevelopment. Valeura Energy Inc. has taken final investment decision (FID) on redevelopment of Wassana field in License G10/48 offshore Gulf of Thailand. Current production from the Wassana field is via a Mobile Offshore Production Unit (MOPU) that is constrained by an end-of-life expected at end 2027.
Chariot gains Energean interests offshore Morocco

3 days ago | ogj.com | Alex Procyk

Chariot obtained Energean's interests in Lixus and Rissana licenses. The Anchois-3 well did not deliver volumes required to expand the initial Anchois development plan. Adonis Pouroulis, CEO of Chariot, said the Anchois gas discovery "still offers the potential for a rescaled development". Chariot Ltd.
Petronas, partners sign deal for Caspian Sea gas

3 days ago | ogj.com | Alex Procyk

Petronas and partners signed a new production sharing contract with national oil company Turkmennebit for offshore Block I gas and condensate fields in Turkmenistan. Block I lies in the Caspian Sea and currently produces about 400 MMcfd of natural gas with access to over 7 tcf of natural gas resources and future opportunities for production capacity expansion, block partner XRG, an ADNOC-owned company, said in a May 14 release.
Eni starts gas production in Kutei basin

4 days ago | ogj.com | Alex Procyk

Eni started gas production from Merakes East field offshore Indonesia in 1,600 m of water. The field will contribute up to 100 MMscfd of gas or about 18,000 boe/d. Eni SPA started gas production from Merakes East field in Kutei basin, offshore Indonesia in 1,600 m of water about 10 km east of Merakes field. The field lies in the East Sepinggan block and will contribute up to 100 MMscfd of gas or about 18,000 boe/d.
Petrobras discovers oil in Aram block

1 week ago | ogj.com | Alex Procyk

Petrobras discovered oil in the Santos basin presalt, offshore Brazil. Two more wells will be drilled, and a drill stem test will be conducted as part of the appraisal plan. Petrobras discovered oil in Aram block in the Santos basin presalt, 248 km from the city of Santos, State of São Paulo, in 1,952 m of water. Electrical logs, gas shows, and fluid sampling from exploratory well 3-BRSA-1396D-SPS confirmed an oil-bearing interval. The oil was high-quality with no contaminants.
bp lets offshore services contract for Greater Tortue Ahmeyim

1 week ago | ogj.com | Alex Procyk

• bp Mauritania Investments Ltd. has let a multiyear contract to Oceaneering International Inc. • The contract is for subsea inspection, maintenance, and repair services and ROV services for Greater Tortue Ahmeyim. bp Mauritania Investments Ltd. has let a multiyear contract to Oceaneering International Inc. for Greater Tortue Ahmeyim (GTA) field offshore Mauritania and Senegal. The contract is for subsea inspection, maintenance, and repair (IMR) services and remotely operated vehicle (ROV) services.
ExxonMobil to invest in offshore Nigeria

1 week ago | ogj.com | Alex Procyk

• ExxonMobil will invest in developing Nigeria’s Usan deepwater oil field. • The company will also accelerate development of Owowo and Erha deepwater oil fields. ExxonMobil Corp. will invest in developing Nigeria’s Usan deepwater oil field, said the Nigerian Upstream Petroleum Regulatory Commission in a May 6 release. ExxonMobil plans to invest $1.5 billion dollars between second-quarter 2025 and end-2027.
PMT JV decommissions Tapti field

1 week ago | ogj.com | Alex Procyk

Panna-Mukta and Tapti (PMT) joint venture partners removed mid and south Tapti field infrastructure. Production from the Tapti fields ceased in March 2016. The Panna-Mukta and Tapti (PMT) joint venture partners completed India’s first offshore decommissioning project with the removal of mid and south Tapti field infrastructure off the country’s west coast.
Prio to take over Peregrino field operatorship in $3.5-billion deal with Equinor

2 weeks ago | ogj.com | Alex Procyk

Prio to take over Peregrino field operatorship in $3.5-billion deal with Equinor The two-part agreement, with Equinor Brasil Energia Ltda., will see Prio Tigris, a subsidiary of Prio SA, acquire 40% and operatorship of Peregrino in the first part, and an additional 20% in part two. Prio Tigris Ltda. agreed to take over operatorship of the Peregrino heavy oil field in Brazil through a $3.5-billion farm-in deal with Equinor.
bp lets contracts for Kaskida semisubmersible tow

2 weeks ago | ogj.com | Alex Procyk

BP Exploration and Production let a contract to SBM Offshore USA for the wet tow and installation of a floating produciton unit for Kaskida. Start-up is expected in 2029 and is expected to produce peak annual production of about 85,000 boe/d. BP Exploration and Production Inc. has let a contract to SBM Offshore USA for the wet tow and installation of a semi-submersible floating production unit (FPU) for the Kaskida project in the deepwater US Gulf of Mexico.