Technical Report Focuses on Offshore E&P Safety-Related Data
SPE released a new technical report last month, “Assessing the Processes, Tools, and Value of Sharing and Learning from Offshore E&P Safety-Related Data” (SPE-182847-TR).
The report was written by a steering committee of subject matter experts (SMEs) with industry input from an SPE summit held April 2016 in Houston as well as members from SPE online communities. The report is based on discussions and conclusions from the summit and is intended to provide guidance on an industry-wide safety management data sharing program. The overall objective of the effort is to: a) eliminate or reduce risk of harm through industry sharing of data; b) to generate information that builds knowledge, understanding, and ownership; and c) to disseminate recommended corrective actions to prevent a reoccurrence. It was approved by the SPE Board of Directors in September 2016.
BP Begins Gas Production From Phase 2 of West Nile Delta Project
Current production from the phase is 400 MMcf/D and expected to peak at 700 MMcf/D. A third phase also is slated to come on stream this year.
Keep Your Eye on the Oil Price Ticker To Gauge 2019 Oilfield Services
The oilfield services sector showed steady revenue growth in 2018 thanks, in part, to increased project sanctioning. With the oil price falling $20 in the past 2 months, however, the future may be murkier than expected.
Operations Suspended Following Oil Spill in White Rose Field
A shut-in subsea flowline is believed to be the source of the spill on Husky Energy’s SeaRose FPSO offshore Newfoundland and Labrador. The spill is believed to be the largest in the history of the Canadian province.
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