Danos has been awarded multiple contracts with Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, to provide integrated operations on its Enchilada platform. Danos’ production, construction, scaffolding and coatings service lines are all working on the asset, located approximately 170 miles southwest of New Orleans.

“By working together on the same platform, Danos can integrate operations and share project resources to be more efficient, minimizing both the risk and cost involved,” said owner Mark Danos.

Approximately 80 Danos employees have been contracted for work on Enchilada. The facility upgrade project, which began in April, is expected to last through November. The project requires multiple skill sets, including welders, fitters, riggers, scaffold builders and project managers. And starting mid-June, Danos will perform coatings remediation on over 90,000 square feet of facility infrastructure and production equipment.

In addition to work on Enchilada, Danos has been awarded another contract with Shell Exploration and Production Company for coatings services on the Perdido spar, which is the world’s deepest spar, located 200 miles off the coast of Texas. The contract, which will employ nine new positions, also begins this month.

“Many of our crews have a level of familiarity with Shell assets and a high level of customer service that our clients have come to expect,” said Danos. “We are pleased to have the opportunity to continue providing quality service to Shell.”

Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK. With a plateau production of 100,000 barrels of oil equivalent per day (boe/d), Culzean will account for around 5% of the UK’s gas consumption, bringing to 18% the proportion of the country’s gas demand supplied by Total.

Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, announces that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility located 475kms North East of Broome in Western Australia. This shipment will be delivered by the Valencia Knutsen to customers in Asia.

As industry interest in hydrocarbon exploration offshore East Africa increases, attention is turning to frontier areas in the region such as the West Indian Ocean. At first glance, this area looks like a barren oceanic crust with little potential, but there is tantalising evidence to suggest otherwise. CGG geoscientists have been sifting through the evidence to re-evaluate opportunities offshore East Africa and in the West Indian Ocean.

C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has been awarded a significant contract to perform Riserless Light Well Intervention (RLWI) activities for BP in the Gulf of Mexico.

Total and its partners have taken the investment decision for the second phase of the Mero project (Libra block), located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin in Brazil.

Petrobras completed ten years of production in the Santos Basin pre-salt cluster in May, with above-average efficiency and productivity indicators in the offshore industry. There are 16 platforms and more than 150 wells operating in that pole alone, which account for 90% of all of the Brazilian pre-salt production. Lifting costs below $7 a barrel and high field productivity rank the pre-salt as one of the most competitive frontiers in the industry.

ExxonMobil and its partners says they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels. As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10 percent equity interest.

SBM Offshore announces that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 22.5 years lease and operate of FPSO Mero 2, to be deployed at the Mero field in the Santos Basin offshore Brazil, 180 kilometers offshore Rio de Janeiro.

Eliminating the need for costly equipment or hazardous manual handling, Coretrax, the wellbore clean-up and abandonment specialist, has seen the deployment of its drill pipe cleaning tool, the CX-Ball, bypass more than 2,000 sales within five years, saving more than 11 days of rig-time cost and risk.

Oceaneering International, Inc. has secured a contract to perform the first-ever deepwater Autonomous Underwater Vehicle (AUV) survey in Mexican waters.

The geophysical survey will be performed for BHP at its Trion development. Oceaneering will use the DP-2 Ocean Investigator, equipped with their OS-VI AUV and light geotechnical capabilities.

Deepwater depth is considered between 1,000-3,000 m.

Work is currently underway and will continue for approximately 45 days. Oceaneering will also provide light geotechnical services by acquiring 6 m piston core soil samples.

For more information, visit: oceaneering.com/survey-and-mapping/geoscience-and-auv-surveys

W&T Offshore, Inc. has provided an operational update regarding the successful drilling of the Gladden Deep well in the deepwater of the Gulf of Mexico and the awarding of leases from the federal lease sale held earlier this year.

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a contract by Equinor for the processing of seismic data from the Johan Sverdrup Permanent Reservoir Monitoring (PRM) system in the North Sea.

Well-Safe Solutions has announced the award of a major contract to decommission up to twenty-one wells on the Schooner and Ketch fields in the UKCS, operated by DNO North Sea (ROGB) Limited, a wholly owned subsidiary of DNO ASA.

Industry heavyweights will be joined by an internationally recognized leader on global climate change at the opening session of SPE Offshore Europe 2019 in September.

Current Events Have Huge Impacts on Price Ranges

Oil Market:

Crude oil prices are range-bound. Yes, they bob up and down like a cork in the ocean, but all that movement does little but provide traders with miniscule profit-taking opportunities. In reality, oil prices are waiting for events to unfold that will provide clarity about future oil supply and demand.