Alex Procyk

Houston

Upstream Editor at Oil & Gas Journal

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Articles

ExxonMobil receives FPSO for additional Stabroek block production

1 week ago | ogj.com | Alex Procyk

ExxonMobil received the ONE GUYANA FPSO to operate in the Yellowtail development area offshore Guyana. With initial production capacity of 250,000 b/d and overall storage volume of 2 million bbl, the FPSO joins three others in Stabroek block. ExxonMobil Guyana (EMGL) received the ONE GUYANA floating production, storage, and offloading (FPSO) vessel in Stabroek block offshore Guyana.
Petrobras to start Guaricema field decommissioning

1 week ago | ogj.com | Alex Procyk

Petrobras received the PA-38 jack-up rig for Guaricema field shallow water well decommissioning about 9 km from the coast of Brazil. The rig arrived Apr. 13. Expected operations are part of Petrobras' estimated $1.7-billion infrastructure decommissioning program in Sergipe basin as part of the company's overall 2025-29 strategic and business plan. The rig will carry out intervention activities for deactivation and plugging.
Turkey leads way for Mideast geothermal

1 week ago | ogj.com | Alex Procyk

Turkey contains extensive geothermal capacity which has been exploited through large-scale drilling projects. Data from more than 300 wells revealed abrasion, vibration, thermal, and fluid-loss drilling difficulties. Offset-well analysis showed that vibration mitigation tools, cooling procedures, proper bottom hole assembly (BHA) selection, and specific stuck-pipe practices minimized geothermal drilling risks.
USGS assesses reserves in Western Gulf basin

1 week ago | ogj.com | Alex Procyk

The US Geological Survey (USGS) released its assessment of potential for undiscovered oil and gas in Maverick basin formations in the Western Gulf basin province. USGS estimates that there are technically recoverable resources of 366 million bbl of oil and 11 tcf of gas in the area, as much gas as the United States consumes in 4 months at the current rate of consumption and is more than 3 times the total historic gas production from Maverick basin.
PTTEP acquires additional interest in Sinphuhorm gas field

1 week ago | ogj.com | Alex Procyk

PTTEP HK Holding Ltd., a subsidiary of PTT Exploration and Production Public Co. Ltd. (PTTEP), has acquired an additional 9.52% interest in its operated Sinphuhorm gas field onshore northeastern Thailand through a deal with Jadestone Energy plc. In an Apr. 16 letter to the Stock Exchange of Thailand, PTTEP said it acquired an additional 27.18% stake in APICO LLC from Jadestone Energy Pte. Ltd. through the acquisition of all shares in Jadestone Energy (Thailand) Pte.
Grand Gulf Energy applies to acquire interest in block offshore Namibia

1 week ago | ogj.com | Alex Procyk

Grand Gulf Energy Ltd. entered into a binding option agreement to gain an exclusive option to acquire Wrangel Pty Ltd., which could result in Grand Gulf acquiring interest in Block 2312 in Walvis basin, offshore Namibia. Wrangel is an applicant for a 70% working interest in a petroleum exploration license in Block 2312 in partnership with Namibian-based oil and gas company TSE Oil and Gas (Pty) Ltd. (20%) and state-owned NAMCOR (10%).
ExxonMobil drills non-commercial well in Cyprus

1 week ago | ogj.com | Alex Procyk

ExxonMobil Exploration and Production Cyprus (Offshore) Ltd. drilled a non-commercial well in Block 5 of the Exclusive Economic Zone (EEZ) offshore the Republic of Cyprus. The Elektra-1 well data and preliminary evaluation work indicate the presence of natural gas, but in non-commercial quantities, the country's Ministry of Energy, Commerce, and Industry said in a release Apr. 14.
Shell increases resource estimate at UK North Sea Selene prospect

1 week ago | ogj.com | Alex Procyk

Shell plc has increased its resource estimate at the Selene prospect in the UK Southern North Sea License P2437, said license partner Deltic Energy PLC (25%) in an Apr. 15 release. Analysis of core samples from discovery well 48/8b-3Z is now substantially complete (OGJ Online, Oct. 31, 2024). Porosity and permeability measurements on 176 core plugs were taken from drill core samples over the Leman B-Sand, which is the key producing interval within the much thicker Leman Sandstone package.
bp discovers oil in deepwater Gulf of Mexico

1 week ago | ogj.com | Alex Procyk

bp has discovered oil at the Gulf of Mexico Far South prospect 120 miles off the coast of Louisiana. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. bp plc discovered oil at the Far South prospect 120 miles off the coast of Louisiana in deepwater Gulf of Mexico. The exploration well was drilled in Green Canyon Block 584 to a total depth of 23,830 ft.
BW Energy makes FID on Golfinho Boost project

1 week ago | ogj.com | Alex Procyk

BW Energy Ltd. made a final investment decision (FID) for the Golfinho Boost project at Golfinho field in Espírito Santo basin offshore Brazil in 800-1,700 m of water. The project includes multiple measures aimed at boosting production efficiency and increasing recoverable reserves by about 12 million bbl.