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Gulf of Mexico Report - Deepwater GoM discoveries thinning - The number of deepwater discoveries in the US Gulf of Mexico continued a downward trend in 2004, dropping to 12 from 17 in 2003 and 21 in 2002.
Gulf of Mexico Report - GoM shelf key to gas supplies - Production from deep wells in the shallow water Gulf of Mexico is one of the most promising sources of additional natural gas to help meet the near and mid-term energy needs of the nation.
Gulf of Mexico Report - GoM deep shelf incentive fails to overcome decline - The Gulf of Mexico shelf has a serious problem: Declining production that is not being arrested. Production from shelf wells has dropped from above 333 MMbbl and 4.8 tef in 2000 to it projected 186 MMbbl and 2.5 tef in 2004.
Gulf of Mexico Report - Mexico moves toward deepwater GoM - For the first time, the Mexican offshore oil and gas industry is looking at deepwater E&P as a top priority. Recently, Pemex confirmed its first deepwater discovery with the Nab-1 well in Campeche Bay.
Gulf of Mexico Report - Study looks at generic gas field production in ultra-deep GoM - EnerSea Transport LLC and Kerr-McGee Oil & Gas Corp. awarded a study to Parugon Engineering Services Inc. and Advanced Production and loading Inc. to develop the field architecture of a generic gas field in the ultra-deep Gulf of Mexico.
OPERATIONS-MANAGEMENT INFORMATION - Technologies needed to meet deepwater business needs - Emerging new technologies offer the opportunity to reduce costs and improve the economics of deepwater field development. As more of these technologies become industry practice or field qualified, significant field facility economic improvements are expected that should make many of today's marginal fields commercial to develop.
DRILLING & COMPLETION - Multilateral, intelligent technologies prove winner for Glitne - Statoil has combined advanced multilateral and intelligent well technologies to increase production, tap additional reserves, and control water production in its Glitne field.
PRODUCTION - Sand extraction system reduces erosion, increases flow rates - A device designed to remove debris has also proved successful in sand removal, resulting in the development of a new sand removal system.
GEOLOGY & GEOPHYSICS - Nodal seismic system aids deepwater field development - To properly image complex features, geoscientists must record the seismic data using a wide variety of source-receiver azimuths, unlike the narrow azimuth of data recorded using conventional towed streamers.
EQUIPMENT & ENGINEERING - SeaQuest fracturing fluids service GoM - The trend for high-permeability offshore fracturing systems has reduced treatment fluid damage while maintaining the viscosity and thermal stability needed to perform the job. As the industry moves farther offshore into deeper water, operators place higher demands for a successful job on fracturing fluids.
EQUIPMENT & ENGINEERING - Ultima Labs delivers resistivity measurement-while-drilling tool - Ultima Labs has delivered its 4.75-in. Compact Propagation Resistivity tool (CPR) to the drilling industry.
EQUIPMENT & ENGINEERING - Excalibur trencher system now available - Ocean Works International Inc. has installed and completed trials of a pipeline trenching upgrade package for the 1,200-hp Excalibur trencher system for Global Marine Systems Ltd. (GMSL).