March / April 2019
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Cover Courtesy of Island Operating
www.islandoperating.com
Page 4
Stories from Roger Hooper and Beyond 6
Go News Network 8Noble Energy and Shell in ColumbiaWeatherford’s Single-Trip Completion SystemGulfSlope Energy’s Tau ProspectW&T Offshore’s Lease Sale BiddingExxonMobil Permian Basin GrowthBP Trinidad and Tobago’s Angelin DevelopmentBorr Drilling Works for PEMEXPacific Drilling Emerges from BankruptcyRowan Renaissance Drillship in MexicoParker Drilling Emerges from BankruptcyTelford Offshore Awarded Contracts by ProtexaByron Energy’s SMI 58 and 69 Update
Oil Independence, Finally 22USA No Longer Needs to Import Oil
Oilfield Christian Fellowship 24 21st Annual Prayer Breakfast at OTC
Islanders Commit 26Island Operating Standing Firm on Safety
Apache Joins the USO 29A Force Behind the Forces
BSEE Reports 30 Safety Alert 347: Dropped Riser JointKeys to Energy SecurityBSEE 2020 Budget Request
BOEM Reports 33Lease Sale 252 Yields $244 Million in High BidsBOEM 2020 Budget Request
Flowline 34Gate, LLC Certified to ISO 45001Chet Morison Acquires 2 Pipelay BargesWood Awarded Contract by ADNOCDanos Acquires Shamrock Energy SolutionsSan Jacinto College’s Maritime Program AwardLogan Industries Completes RB-DAT ProjectConrad Shipyard Delivers 2 New Barges
Go Cards 37
LAGCOE in New Orleans 39
May 6 - 9, 2019
NRG Park
Houston, TX
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The American Petroleum Institute has released Recommended Practice 54 (RP 54), Occupational Safety andHealth for Oil and Gas Well Drilling and Servicing Operations, which provides procedures for promoting andmaintaining safe and healthy working conditions for personnel in drilling and well servicing operations.
“The safety of oil and natural gas operations is of paramount importance to our industry – and API continues tolead the way through the creation and revision of key standards that improve safety and environmental protection.Each day more than 11.9 million barrels of oil are pumped from thousands of wells in the United States to meet theneeds of U.S. consumers - and standards like RP 54 help the industry provide this important resource safely and sus-tainably,” said Debra Phillips, vice president of API Global Industry Services (GIS).
“U.S. energy development is safer than ever as a result of industry leadership, innovation and continuous invest-ments in safety. Over the last 100 years, API has created over 700 standards to enhance the safety, efficiency andsustainability of our operations, while protecting the environment and the communities in which we operate. Asoperating conditions change and technology advances come on line, we develop and revise standards improve oper-ations and safety performance.”
The document applies to rotary drilling rigs, well servicing rigs, and special services as they relate to operationson location. First published in 1981, significant revisions in this edition of Recommended Practice 54 include a newsection on flowback operations which is key for safe well testing, revised requirements for facility and site processhazard assessment and mitigation, and introduction of formal risk assessments as well as expanded provisions foroffshore operations.
API standards are developed under API’s American National Standards Institute accredited process, ensuringthat the API standards are recognized not only for their technical rigor but also their third-party accreditation whichfacilitates acceptance by state, federal and increasingly international regulators, including 96 references by the U.S.Bureau of Safety and Environmental Enforcement, or BSEE. API’s Global Industry Services (GIS) division isresponsible for certification, standards-setting, training, events, publications and safety programs for onshore, off-shore and refinery operations.
API also recently published a handbook, “Rules to Live By,” that contains fundamental safety reminders forworkers and employers. Each page of the handbook may be printed as a poster to remind workers of important safetytips while doing things such as working at heights, implementing stop work authority or driving safely.
API is the only national trade association representing all facets of the natural gas and oil industry, which sup-ports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API’s more than 600 members include largeintegrated companies, as well as exploration and production, refining, marketing, pipeline, marine businesses, andservice and supply firms. They provide most of the nation’s energyand are backed by a growing grassroots movement of more than 47million Americans. API was formed in 1919 as a standards-settingorganization. In its first 100 years, API has developed more than700 standards to enhance operational and environmental safety,efficiency and sustainability.
For more information, visit www.api.org.
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2019 Editorial Schedule
Issue Ad Deadline Mail Date Editorial Emphasis
Jan/Feb Jan 20 Feb 15 GOM Recovery Issue
Mar/April March 15 April 15 OTC Trade Show Issue
May/June May 15 June 15 Safety/Training Directory
July/Aug July 15 Aug 15 Shale Oil Issue
Sept/Oct Sept 15 Oct 15 Environmental Issue
Nov/Dec Nov 15 Dec 15 New Product Review Issue
is published every other month by Hooper Group
PO Box 86003 Baton Rouge, LA 70879 [email protected]
Roger B. Hooper Founder and Publisher
Go Gulf Magazine is sent FREE toindividuals in the Gas and Oil Industry. © Copyright 2019 All Rights Reserved.
Established 1999
We welcome comments, artwork and photographs,but please call for approval. Hooper Group assumesno responsibility for the validity of claims in connectionwith information appearing in this publication.Opinions expressed herein are not necessarily thoseof the publisher, government organizations or adver-tisers. Although the publisher makes every effort toensure all information published is accurate, The pub-lisher is not responsible for inaccuracies, mistakes,misprints or typographical errors. The publisherreserves the right to refuse any advertising.
It is Go Safety Time
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Go Gulf Magazine Page 8
A few days after signing two major Exploration and
Production contracts offshore in the Colombian
Caribbean Sea, Shell and Noble Energy, with the
approval of the Columbian National Hydrocarbons
Agency (ANH), signed an additional assignment of inter-
ests, rights and obligations in contracts "COL-3" and
"GUA OFF-3", where Shell cedes 40% of its participa-
tion and the quality of operator to the Noble Energy com-
pany.
The signing of the assignment was made in the facil-
ities of the ANH and was signed by the parties: Luis
Miguel Morelli, president of the ANH as contracting
authority; Ana María Duque, president of Shell in
Colombia as the assigning contractor; and Ian Gordon,
general manager of Noble Energy Colombia Limited and
Jim Demarest, vice president of Exploration of Noble
Energy Inc., as transferee and new contract operator.
According to the president of the ANH, Luis Miguel
Morelli: "The alliance that is established between Shell
and Noble Energy is great news for the country, because
it marks the arrival in Colombia of one of the most
dynamic operators in the United States, with more than
85 years of experience in continental and offshore explo-
ration, and that has discovered more than 3,000 million
barrels of net resources since 2005. It is a serious bet of
two large companies on the Colombian offshore poten-
tial, which will surely bring progress and well-being for
the Caribbean region as a whole ".
It is worth remembering that the E & P contracts
"COL-3" and "GUA OFF-3" cover an area that, overall,
exceeds 880,000 hectares. Its execution includes the
development of a Minimum Exploratory Program (PEM)
and the Agency estimates investment commitments that,
in its first phase, will exceed $100 million dollars.
Ana María Duque, president of Shell in Colombia,
said: "We want to welcome Noble Energy as operator of
blocks COL-3 and GUA OFF-3, and of course give a
warm welcome to Colombia, we have received all the
relevant approvals on behalf of the government, and this
is a very important step to continue exploring the
Colombian Caribbean and building win-win relation-
ships with communities and authorities. "
Finally, Ian Gordon, general manager of Noble
Energy Colombia, said: "Noble Energy is pleased to be
part of the exploration and production contracts for the
offshore blocks COL-3 and GUA OFF-3. Noble Energy
will operate these blocks with Shell as a member of the
contract, we hope to drill our first well after analyzing in
more detail the prospects and obtaining the correspon-
ding approvals from the government, and beyond, Noble
Energy hopes to build its business in partnership with the
communities and people of Colombia. "
Rig Managers: Ask about the Special GO GULF Discount
Noble Energy and Shell in Columbian Caribbean Sea
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Weatherford International has brought to market the
world's first remote-activated, single-trip deepwater
completion system. By combining the upper and lower
completions in one trip, the system has been shown to
reduce installation time between 40 and 60 percent and to
reduce rig time by four to six days.
Using radio-frequency identification (RFID) tech-
nology, the field-proven TR1P system delivers 100 per-
cent interventionless operation in both producer and
injector wells.
"Weatherford's TR1P advanced deployment system
has set a new industry benchmark for completion instal-
lations, especially in deepwater environments," said
Mark Hopmann, President, Completions for
Weatherford. "The ability to perform multiple operations
in less time with less equipment and fewer personnel is a
game-changing deepwater solution, and the answer to
our customers challenge to significantly increase effi-
ciencies when installing deepwater completion systems.
TR1P gives you the ability to perform the operations
demanded by your reservoir, rather than your budget."
The industry has already taken note of TR1P's deep-
water capabilities: It has been named a Spotlight on New
Technology® Award winner by the Offshore Technology
Conference (OTC) ahead of their 2019 event to be held
in Houston, May 6-9. "Receiving this awards means the
industry has recognized the value in our TR1P technolo-
gy," said Hopmann.
"In a deepwater injector well in West Africa, TR1P
reduced installation time by 40-60 percent and cut rig
time by four to six days, compared to a two-trip upper
and lower completions process."
As the only provider of RFID technology-enabled
downhole tools, Weatherford coupled that capability with
elements from its existing completions technologies. The
result is the industry's first 100-percent interventionless
operation that significantly reduces the total cost of an
installation of a deepwater completion system.
The TR1P advantage:
-Zero control lines, washpipe, wireline, coiled tub-
ing, workover rigs and wet-connects
-Function test all components during installation
-Circulate the well from the toe to the heel
-Stimulate and isolate a zone or the whole well
-Set and test selective upper and lower completion
components
-Test independent barriers
-Bring the well online remotely
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Weatherford’s New Remote-Activated, Single-Trip Deepwater Completion System
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Go Gulf Magazine Page 10
GulfSlope Energy, Inc. (OTCQB: GSPE) has
announced that the Company’s “Tau Prospect” well has
drilled through approximately 7,000 feet of salt where
high pressures and hydrocarbons near the base of salt
were encountered and significant mud losses occurred.
The interval has been treated with lost circulation mate-
rials and cement. The Company is currently tripping for
a different drilling assembly to clean out the existing
wellbore and possibly run casing prior to drilling below
salt.
The Tau Prospect targets multiple Miocene sand lev-
els trapped against a well-defined, angled flank of the
large salt structure. The correlative target subsalt
Miocene sand levels are oil productive at the nearby sub-
salt Mahogany Field, located approximately five miles to
the southwest. The Company estimates that a projected
16,000 foot total vertical depth will test initial resource
potential in excess of 100 million barrels of oil equiva-
lent for the Tau Prospect. Larger projected resources at
deeper depths will require deeper drilling. In the
Company’s previous press release, it was reported that
the Tau well encountered drilling challenges associated
with shallow faults above the main salt layer.
Collectively, these challenges have resulted in additional
casing strings, rig time, and associated costs and required
a supplemental authorization for expenditure of $20 mil-
lion (100% working interest) to the partnership, of which
GulfSlope’s share is 20% or $4 million. An additional
supplement may be required for expenses associated with
lost circulation materials and cement.
The Tau Prospect is the first of eight drill-ready
exploratory prospects that the Company intends to drill
along the Louisiana Outer Continental Shelf, targeting
the substantial oil potential of the subsalt Miocene play.
By applying advanced seismic depth imaging technology
and geoscience modeling, GulfSlope intends to achieve
its goal of discovering large new oil and gas fields and
creating substantial value for our shareholders. Aligned
with our shareholders, GulfSlope management collec-
tively owns over 30% of the common stock of the
Company.
GulfSlope is the operator of the Tau well with a 20
percent working interest. Delek GOM Investments LLC,
a subsidiary of Delek Group Ltd. owns a 75 percent
working interest and Texas South Energy Inc. owns a
five percent working interest.
Delek Group is an independent E&P and the pioneer-
ing visionary behind the development of the East
Mediterranean Sea. With major finds in the Levant
Basin, including the Leviathan (21.4 TCF) and Tamar
(11.2 TCF) reservoirs and others, Delek is leading the
region’s development into a major natural gas export
hub. In addition, Delek has embarked on an international
expansion with a focus on high-potential opportunities in
the North Sea and North America. Delek Group is one of
Israel’s largest and most prominent companies with a
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ConfinedSpaceSpecialistsThe most reliable fleet of
specialized environmental
cleaning equipment in the Gulf
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consistent track record of growth. Its shares are traded on
the Tel Aviv Stock Exchange (TASE:DLEKG).
Texas South has interests in 9 offshore Federal leases
covering 7 mapped prospects. Water depths range from
250’ to 450’. Target depths range from 5,000’ to 28,000’.
Chairman of the Board is JOHN B. CONNALLY III.
W&T Offshore, Inc. (NYSE:WTI) announced the
Company was the apparent high bidder on 15 blocks in
the GOM Lease Sale 252 held on March 20, 2019. W&T
was the apparent high bidder on eight deepwater and
seven shallow water blocks, which includes Garden
Banks 173, Green Canyon blocks 3, 46, 47, 49, 91 and 92
and Mississippi Canyon 244 in the deepwater and
Eugene Island blocks 357, 378, 393, 395, 396, Main Pass
286, and South Marsh 205 in the shallow water.
These 15 blocks cover approximately 73,500 acres
and, if awarded, the Company will pay approximately
$3.5 million for all of the awarded leases combined,
which reflects a 100% working interest in the acreage.
All of the blocks have a five-year lease term, with the
exception of one of the deepwater blocks which has a
seven-year lease term. The royalty rate for eight of the
blocks is 12.5%, and the remaining seven leases are at a
rate of 18.75%.
Tracy W. Krohn, W&T's Chairman and Chief
Executive Officer, stated, "We are very pleased to expand
our acreage by being the apparent high bidder on 15
blocks in the most recent federal lease sale. Of the 30
companies that participated in the lease sale, W&T
ranked fourth in the number of apparent high bids. Over
the past 35 years, we have developed significant techni-
cal experience and have successfully discovered and pro-
duced properties on the conventional shelf and in the
deep waters across the Gulf of Mexico. We utilized our
proprietary seismic to determine the blocks we felt com-
plemented our current acreage and extended known dis-
coveries in the subsalt. We also believe that focusing on
acreage around our production facilities allows for more
economic and quicker development of potential discov-
eries. We remain focused on cash flow generation and
growing the Company profitably over time to maximize
value creation for our shareholders."
W&T Offshore currently has working interests in 48
producing fields in federal and state waters and has under
lease approximately 720,000 gross acres, including
approximately 515,000 gross acres on the Gulf of
Mexico Shelf and approximately 205,000 gross acres in
the deepwater. A majority of the Company's daily pro-
duction is derived from wells it operates.
ExxonMobil said it has revised its Permian Basin
growth plans to produce more than 1 million oil-equiva-
lent barrels per day by as early as 2024 – an increase of
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nearly 80 percent and a significant acceleration of value.
The size of the company’s resource base in the
Permian is approximately 10 billion oil-equivalent bar-
rels and is likely to grow further as analysis and develop-
ment activities continue.
“We’re increasingly confident about our Permian
growth strategy due to our unique development plans,”
said Neil Chapman, ExxonMobil senior vice president.
“We will leverage our large, contiguous acreage position,
our improved understanding of the resource and the full
range of ExxonMobil’s capabilities in executing major
projects.”
“Our plans are attractive at a range of prices and we
expect them to drive more value as we continue to lower
our development and production costs,” Chapman said.
ExxonMobil’s investments in the Permian Basin are
expected to produce double-digit returns, even at low oil
prices. At a $35 per barrel oil price, for example, Permian
production will have an average return of more than 10
percent.
The anticipated increase in production will be sup-
ported by further evaluation of ExxonMobil’s Delaware
Basin’s increased resource size, infrastructure develop-
ment plans, and secured capacity to transport oil and gas
to ExxonMobil’s Gulf Coast refineries and petrochemical
operations through the Wink-to-Webster, Permian
Highway and Double E pipelines.
Among the company’s key advantages in the
Permian, is its acreage position. The company has large,
contiguous acreage that enables multi-well pads in large
development corridors connecting to efficient gathering
systems, reducing development costs and accelerating
production growth. ExxonMobil’s scale, financial capac-
ity and technical capabilities enable the company to max-
imize the value of the resource.
ExxonMobil is actively building infrastructure to
support volume growth. Plans include construction at 30
sites to enhance oil and gas processing, water handling
and ensure takeaway capacity from the basin.
Construction activities include central delivery facilities
designed to handle up to 600,000 barrels of oil and 1 bil-
lion cubic feet of gas per day and enhanced water-han-
dling capacity through 350 miles of already-constructed
pipeline.
The investment plans will also bring great benefits to
the local area. ExxonMobil’s expansion in the region will
benefit communities in West Texas and southeast New
Mexico through billions in property tax revenue, eco-
nomic development and the creation of high-paying jobs.
ExxonMobil remains one of the most active opera-
tors in the Permian Basin and has 48 drilling rigs current-
ly in operation and plans to increase its rig count to
approximately 55 by the end of the year.
BP Trinidad and Tobago (BPTT) recently
announced first gas production from its Angelin develop-
ment. The project was on time and under budget.
The Angelin development, originally discovered by
the El Diablo well in 1995, includes a new platform and
four wells. It is located 60 kilometres off the south-east
coast of Trinidad in a water-depth of approximately 65
metres.
The new platform, BPTT’s 15th installation offshore
Trinidad & Tobago, has a production capacity of 600 mil-
lion standard cubic feet a day (mmscfd). Gas flows from
the platform to the existing Serrette hub via a new 21-
kilometre pipeline.
BP Upstream chief executive Bernard Looney said:
“This safe and successful start-up, less than two years
after sanction, is a credit to our BP teams and contractors.
Angelin is BP’s 22nd new upstream project to come
online in just over three years and reflects our commit-
ment to do what said we would, safely and competitive-
ly.”
BPTT regional president Claire Fitzpatrick added:
“BPTT is proud to deliver our promise of first gas from
Angelin in the first quarter of 2019. Angelin is the next
step in fulfilling our long-term development plan in
Trinidad and will play an important role in enabling us to
deliver our production commitments, which could poten-
tially include up to $8 billion of investment in several
more major projects over the next 10 years.”
Angelin is BPTT’s first major project development
supported by the application of ocean bottom cable
(OBC) seismic acquisition with advanced processing,
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allowing enhanced imaging of its reservoirs in the
Columbus basin offshore Trinidad.
BP started up two new gas projects in Trinidad –
Juniper and Trinidad Onshore Compression – in 2017
and recently announced the sanction of another two
developments – Cassia Compression and Matapal –
expected to come onstream in 2021 and 2022 respective-
ly. Angelin is BP’s third major upstream project start-up
in 2019, following Constellation in the US Gulf of
Mexico and the second stage of the West Nile Delta
development offshore Egypt.
BPTT is Trinidad and Tobago’s largest hydrocarbon
producer, accounting for more than half of the country’s
national production of oil and gas. BPTT holds explo-
ration and production licences covering 904,000 acres.
Angelin was sanctioned in June 2017 following exe-
cution of a gas sales agreement with Trinidad’s National
Gas Company. The Angelin platform was fabricated in
Mexico.
Borr Drilling Limited has announced that one of its
subsidiaries, in partnership with OPEX Perforadora S.A.
de C.V., has received an official award from Petroleos
Mexicanos (“PEMEX”) for the delivery of offshore wells
in Mexico
Under this award, Borr will deliver a total of 9 off-
shore development wells to PEMEX under an integrated
services model. The scope of services will include the
deployment of two of the Company’s premium new build
jack-ups, the “Grid” and “Gersemi”, both of PPL 400
design which are built to meet the requirements of
PEMEX, for period estimated to be around 18 months
and expected commencement in mid-2019. Further,
under this project, Borr will leverage on its strategic col-
laboration with our partner and main shareholder,
Schlumberger, to provide comprehensive oilfield servic-
es and deliver an end-to-end well solution to our cus-
tomer.
The Company currently operates a fleet of 16 jack-up
drilling rigs. Further, 10 high-specification jack-up
drilling rigs on order from Keppel FELS and and PPL
Shipyard Pte Ltd with delivery dates ranging from Q2
2018 to Q4 2020. This fleet places Borr Drilling in the
top five premium jack-up companies globally – with the
youngest fleet.
Pacific Drilling S.A. (NYSE: PACD) has reported
results for the fourth quarter of 2018.
Pacific Drilling CEO Bernie Wolford commented,
“Although market conditions continue to be challenging,
we delivered exceptional operational performance with
99.8% revenue efficiency for the quarter. The Pacific
Drilling team continues to be recognized by world-class
clients for our ability to deliver industry-leading opera-
tional performance. Pacific Bora’s work in Nigeria was
extended by Nigerian Agip Exploration Limited, a sub-
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sidiary of Eni, Pacific Sharav’s work in the U.S. Gulf of
Mexico was extended by Chevron and Pacific Santa Ana
secured new work with Total E&P Senegal in Senegal.
Although current dayrates remain challenging, we see an
increase in contracting activity compared to 2018. We
remain focused on securing additional backlog for our
currently operating fleet of three rigs and believe we will
have several opportunities to contract one of our smart-
stacked rigs before year-end.”
Mr. Wolford continued, “Following our emergence
from Chapter 11 on November 19, our leadership team
placed heightened emphasis on cost control and G&A
process optimization while ensuring that we continue to
deliver the level of high-quality drilling services for
which Pacific Drilling has become recognized in our
industry. Cost reductions as a result of the organizational
and process changes made will extend the benefits of our
recapitalization and result in better margins as the market
for deepwater drilling services improves.”
Fourth-quarter 2018 contract drilling revenue was
$59.6 million, which included $2.9 million of deferred
revenue amortization. This compared to third-quarter
2018 contract drilling revenue of $56.7 million, which
included $5.3 million of deferred revenue amortization.
The increase in revenue resulted primarily from the
Pacific Bora commencing its contract with Nigerian Agip
Exploration Limited, a subsidiary of Eni.
Operating expenses for the fourth-quarter 2018 were
$44.8 million compared to $44.2 million in the third-
quarter 2018.
General and administrative expenses for the fourth
quarter were $13.8 million, as compared to $10.9 million
for the third-quarter 2018. The increase in general and
administrative expenses was partially due to severance
costs for two former members of executive management.
Upon emergence from bankruptcy on November 19,
2018 (“Plan Effective Date”), we adopted and applied the
relevant guidance with respect to the accounting and
financial reporting for entities that have emerged from
bankruptcy proceedings, or “Fresh Start Accounting.”
Under Fresh Start Accounting, our balance sheet on the
Plan Effective Date reflects all of our assets and liabili-
ties at fair value. We refer to the Company as the
“Successor” for periods subsequent to November 19,
2018 and as the “Predecessor” for periods on or prior to
November 19, 2018.
Net loss for the fourth-quarter 2018 was $1.8 billion,
including $1,744.9 million of reorganization items of the
Predecessor, of which ($2,514.1) million related to Fresh
Start Accounting adjustments and $794.2 million result-
ed from gains on settlement of liabilities subject to com-
promise.
Rowan Companies plc (NYSE: RDC) announced
recently that the Rowan Renaissance, an R-Class ultra-
deepwater drillship, has been awarded a one-well con-
tract in Mexico by PC Carigali Mexico Operations, S.A.
de C.V. ("Petronas") for an estimated duration of 80 days
that is expected to commence in the second quarter of
2019. Following the initial contract term, Petronas has a
one-well priced option with an estimated duration of 80
days. The Rowan Renaissance is currently under con-
tract with Total in Mexico's Gulf of Mexico.
Parker Drilling Company has announced that it has
successfully completed its financial restructuring and
emerged from Chapter 11 protection. Parker moves for-
ward with a stronger financial position, having reduced
total debt by approximately two-thirds, from $585 mil-
lion to $210 million, and securing access to $50 million
in exit financing. The Company has also raised an addi-
tional $95 million through a fully-backstopped equity
rights offering.
"Today is an important day in Parker Drilling's histo-
ry," said Gary Rich, President and Chief Executive
Officer. "Our new capital structure allows us to pursue
profitable growth opportunities and enhances our
resiliency across industry cycles. We have always had
strong operations, a great team, and loyal customers.
Now, we have the right platform on which we can build
scale in recovering markets and expand our suite of
value-added services and technology-driven solutions to
meet customers' needs across the full drilling cycle."
Rich continued, "The process we concluded today
opens new opportunities for our employees, customers,
vendors and investors. We are grateful for the over-
whelming support of all our stakeholders during this
process and are excited to build on our 85-year legacy of
innovation, reliability and efficiency."
Shares of the Company's common stock will no
longer trade on the OTC Pink Marketplace effective as of
March 26, 2019. The Company intends to list its com-
mon stock on the New York Stock Exchange ("NYSE")
as soon as possible.
Kirkland & Ellis LLP is serving as legal advisor to
Parker in connection with the restructuring. Moelis &
Company is serving as Parker's investment banker, and
Alvarez & Marsal is serving as its financial advisor.
Offshore services provider Telford Offshore has
been awarded multiple pipelaying and construction serv-
ices contracts by Mexican company Protexa, which is
chartering three of its DP3 multi-purpose vessels for a
combined period of approximately 400 days.
The vessels will be deployed on a shallow-water
engineering, procurement, construction and installation
(EPCI) project for multiple lightweight offshore plat-
forms and pipelines.These will be installed at state-run
Pemex’s Litoral de Tabasco area in the Gulf of Mexico.
Headquartered in Dubai, Telford Offshore provides
offering cost-effective construction and project manage-
ment solutions to the oil & gas industry, with a fleet of
five DP3 support vessels. The three vessels to be
deployed on the project are Telford 31, Telford 34 and
Telford 28. Around 300 people will be accommodated
onboard each vessel over the course of the project.
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Telford 31, which is already working in Mexico with
Protexa on another project, will mobilise in July 2019 for
the new contract, which includes scope for multiple sub-
sea and topside activities. Telford 31 is equipped with a
400t heave compensated main crane, a heave compensat-
ed gangway, a moonpool and 1300m2 of unobstructed
deck space.
Telford 34, which is currently deployed in Mexico
for another client, will mobilise for Protexa directly upon
completion of that contract and will undertake multiple
rigid pipelay and topsides works. The vessel is equipped
with an 800t heave compensated main crane, a S-Lay
system for pipe of 4” to 48” dia. (60” with coating), a
heave compensated gangway, a moonpool and 1300m2
of unobstructed deck space.
Telford 28 is currently being mobilised to the Gulf of
Mexico, where it will execute hook up works with anoth-
er client, and then undertake multiple subsea and top-
sides works for Protexa. The vessel is equipped with a
270t main crane, a heave compensated gangway and
1100m2 of unobstructed deck space.
Byron Energy Limited has announced it has closed
on the acquisition of South Marsh Island Block 58 and
associated SM69 assets, for $US 4.25 million with an
effective date of January 1, 2019. Byron has funded this
acquisition out of its internal cash resources. Byron has
also arranged an unsecured $US 4.2 million loan facility,
of which $US 3.25 million is sourced from the
Company’s directors, to cover any short-term contingen-
cies.
Byron now holds all of the operator’s rights, title,
and interest in and to the SM58 Lease Block to a depth of
13,639 ft. subsea with 100% working interest and
83.33% net revenue interest and a 53% WI (44.165%
NRI) in the associated non-operated producing assets
being the SM69 E Platform, the E1 wellbore, and the E
platform to B platform pipelines located within SM69;
all part of the greater SM73 Field. Below 13,639 ft. sub-
sea, Byron has a 50% WI (41.67% NRI) under a pre-
existing exploration agreement.
The prolific SM58 lease has, to date, produced 36
million barrels of oil and 265 billion cubic feet of gas
from 65 wellbores with all pre-existing wells (excluding
the #E1 wellbore) and platforms fully decommissioned
by the previous operators. Acquisition of the SM58 lease
provides access to significant additional exploration and
development opportunities within Byron’s recently
announced 2018 Reverse Time Migration and Vector
Imaging Partition proprietary seismic reprocessing proj-
ect area as described in the Company’s 17 January 2019
ASX announcement. SM58 is located immediately
between Byron’s SM57 and SM59 leases which when
combined provide Byron with contiguous exploration
acreage across the northern half of the SM73 Field. In
addition to the producing E1 well, Byron has to date
identified seven additional well locations on SM58 in the
shallow section above 13,639 ft. subsea with over 18.5
Mmbo and 57 Bcf of Prospective Resource* (gross)
potential utilizing Byron’s cutting edge proprietary 2018
RTM/VIP 3D data set . All seven of these prospects can
be tested without drilling through geo-pressure, which
greatly reduces most of the drilling risk and cost overruns
associated with drilling in the Gulf of Mexico. Four of
the seven locations will test development prospects in
reservoirs which have been productive in down dip loca-
tions which reduces the geologic risk and greatly
enhances the likelihood of success. All seven wells can
be drilled from a common surface location. Additional
information will be provided as evaluation is matured.
The other three locations, identified by Byron, will
test exploration prospects which Byron considers to be
low to moderate risk. Attachment 4 is a proprietary RTM
seismic line showing one of the exploration prospects
and illustrates a very strong and thick amplitude response
on the seismic data similar to seismic responses from
highly productive reservoirs updip from Byron’s
prospect. This prospect is further de-risked by the fact
that 3,000 ft. down dip from the prospect is a well that
intersected 500 ft. of clean porous sand in the target ‘O
sand’ section. Historical production in the ‘O sand’ inter-
val ft. has been characterised by thick sands, often over
300 ft. to 400 ft. thick, with very high recovery rates, but
covering only small areas in highly structurally complex
traps. This has made it difficult for previous operators to
identify all of these highly productive pools without the
benefit of advanced seismic imaging techniques such as
the ones that Byron is employing.
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In a pivotal geopolitical shift, the United States willsoon export more oil and liquids than Saudi Arabia. Thisremarkable turnaround is made possible by the continuedrise in oil production from US shale plays and theincreased oil export capacity from the Gulf Coast.
The US has for decades relied on large-scale importsto satisfy its thirst for oil, but this is about to change. Forthe rest of the 2019, US exports will grow fast withincreasingly attractive price spreads, while US demandfor imported heavy oil should again diminish.
“The oil market is overly preoccupied with short-term US crude stocks, but the big picture tells a newstory. Increasingly profitable shale production and arobust global appetite for light oil and gasoline is poisedto bring the US to a position of oil dominance in the nextfew years,” said Rystad Energy senior partner PerMagnus Nysveen.
He added: “The political and economic impact ofthis shift in global trade has already been dramatic, andwill be even more pivotal within the next five years. TheUS trade deficit will evaporate and its foreign debt willbe paid quickly thanks to the swift rise of American oiland gas net exports. The tanker shipping industry will seethe boom of the millennium, as the excess fossil fuelsfrom America will find plenty of eager buyers in fast-growing Asia.
Several important milestones are being reached thesedays. Since September 2018, Canada has been pipingenough crude oil across the border to balance the US
trade deficit in oil and petroleum products. US crudeexports stood at 3.6 million barrels per day (bpd) recent-ly, which neatly offsets the 3.5 million bpd of seabornecrude oil imports. At the same time, new pipelines arenow bringing more oil to Texas and Louisiana’s expand-ing export hubs.
“This means the US is destined soon to outpaceSaudi Arabia when it comes to gross exports of oil andpetroleum products,” Nysveen said.
The kingdom currently exports some 7 million bpdof crude oil plus about 2 million bpd of NGLs and petro-leum products, compared with the US now exportingapproximately 3 million bpd of crude oil and 5 millionbarrels of NGLs and petroleum products.
Rystad Energy forecasts that US oil production,which increased by about 2 million bpd last year, willgrow by close to another 1 million bpd in 2019, despitethe fact that independent operators are cutting capitalspending.
“This year’s lowered pace of oilfield activity pro-vides support for global oil balances and crude oil prices.And regardless of the reduced investments being made inthe first quarter, we will still see significant productiongrowth in the US towards year-end,” Nysveen remarked.
Equally important for oil markets is the incrediblyquick expansion of infrastructure across Texas to trans-port and export Permian crude, and the expansion ofrefineries’ distillation capacity for light crudes.
By Per Magnus Nysveen, [email protected]
Go Gulf Magazine Page 22
Oil Independence, Finally
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Apache Corporation (NYSE, Nasdaq: APA) hasannounced a corporate partnership with the UnitedService Organizations (USO), a leading nonprofit organ-ization serving America's military service members andtheir families throughout their service to the nation.Under the partnership, Apache joins the USO as a ForceBehind the Forces® to help strengthen our armed forcesby keeping them connected to family, home and country.
Apache employees across Texas will team up withthe USO to assemble 7,000 care packages for deployedmilitary personnel and build bicycles for service mem-bers’ children. In addition, Apache and the USO willpartner on future activities to support our military menand women and their families.
“We are proud to join the USO’s important work sup-porting military families and to become a Force Behindthe Forces. Apache has a long history of supporting ourservice members, and this partnership gives us the oppor-tunity to do even more,” said John J. Christmann IV,Apache’s chief executive officer and president. “We areso thankful for our heroes, their families and all they dofor us, and we are excited for the opportunity to givesomething back.”
“We thank Apache Corporation for being a tremen-dous military supporter, and we are looking forward tohaving their team join the USO family as a strong partnerthat brings their energy and innovative spirit to support-ing our mission,” said Chad Hartman, vice president,Development and Corporate Alliances. “Together wewill make a great impact in strengthening our servicemembers and their families.”
About the USO
The USO strengthens America's military servicemembers by keeping them connected to family, homeand country, throughout their service to the nation. Athundreds of locations worldwide, we are united in ourcommitment to connect our service members and theirfamilies through countless acts of caring, comfort, andsupport. The USO is a private, nonprofit organization,not a government agency. Our programs, services andentertainment tours are made possible by the Americanpeople, support of our corporate partners, and the dedica-tion of our volunteers and staff. To join us in this impor-tant mission, and to learn more about the USO, pleasevisit uso.org or follow us on Facebook, Twitter andInstagram.
Go Gulf Magazine Page 29
Apache Joins the USO as aForce Behind the Forces®
Drilling at the Stiles Ranch in the Granite WashBasin. (Photo courtesy of Apache Energy)
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Safety Alert No. 347Dropped Riser Joint
Nearly Crushes Floorhand
On 9 January 2019, a drilling contractor working ona rig in the Gulf of Mexico was lifting a riser joint with aHydraulic Running Tool (HRT) and travel block. Theriser joint disengaged from the HRT and fell to the drill-floor. Another floorhand noticed the riser falling and wasable to evacuate the area prior to impact. There were noinjuries to personnel reported.
The HRT initially appeared to lock in place above theriser joints locking profile. The HRT lock dogs wereundamaged, and no shearing appears to have occurred.
However, the lock dogs appear to have disengagedfrom the riser locking profile, or were never engaged intothe locking profile, at the time of the incident. After fur-ther investigation, the lockout ring was found in the“unlocked” position, indicating the lock dogs were notfully engaged, and it was determined that the indicatorrods prevented the lockout ring from moving into thelocked position.
The HRT likely was not inserted into the riser joint atthe required depth and the lock dogs did not engage theriser joint’s locking profile. The preliminary inquiryshows the indicator rods likely were not checked for fulltravel to the locked state and no confirmed attempt wasmade to move the lockout ring to the locked position toverify proper connection.
BSEE has records of similar incidents of dropped ris-ers from riser lifting tools in 2017 and 2018. In each inci-dent, no personnel were injured, but there was reportabledamage to equipment impacted by the riser.
Therefore, BSEE recommends that operators consid-er the following:
• Ensure all personnel involved in riser installationsreview all manufacturer’s recommended attaching andrunning procedures for HRTs and risers.
• Ensure designated personnel confirm that thehydraulic locking function has fully actuated with visualverification of indicator rods and manual lockout.
• Ensure the JSA, or procedure for the task of liftingthe riser joint, effectively captures all applicable hazardsand mitigation measures, including the confirmation thatthe locking function has successfully activated beforecontinuing with the job.
• Prior to any lifts made by an HRT, all personnel onthe rig floor, including the auxiliary floor, should clearthe floor area.
A Safety Alert is a tool used by BSEE to inform theoffshore oil and gas industry of the circumstances sur-rounding an accident or near miss. It also contains rec-ommendations that should help prevent the recurrence ofsuch an incident on the Outer Continental Shelf.
Bureau of Safety and Environmental Enforcement
Go Gulf Magazine Page 30
Drilling riser being lifted with hydraulic running tool Riser after falling from hydraulic running tool
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BSEE Director: Driving Offshore SafetyPerformance and EnvironmentallySustainable Energy Production are
Keys to Energy Security
NEW ORLEANS – Bureau of Safety andEnvironmental Enforcement Director Scott Angelleemphasized BSEE’s commitment to safe and environ-mentally sustainable energy production during meetingsin Louisiana with the Greater Lafourche PortCommission, the Louisiana Mid-Continent Oil and GasAssociation and BSEE Gulf of Mexico Region staff.
“BSEE’s portfolio is offshore safety, providing lead-ership in environmental stewardship, and making surewe are doing what we can to help America achieve ener-gy security,” said Angelle to members of the LouisianaMid-Continent Oil and Gas Association.
Angelle also emphasized BSEE’s focus on drivingsafety performance and environmental stewardshipthrough innovation and collaboration.
“When compared to calendar year 2016, in 2018,BSEE increased overall inspections, spent more timephysically inspecting equipment, implemented moresafety and environmental initiatives, and expanded itsfocus beyond prescriptive regulatory compliance toinclude managing and mitigating risk,” said Angelle.“We are not looking at an either/or approach; we areinstituting the ‘and’ equation. We can have robust pro-duction and it will be safe and responsibly produced.
When speaking with members of the GreaterLafourche Port Commission, Angelle highlighted therole deep water energy production plays in building astronger offshore energy industry and thanked the groupfor their critical support role.
“The Gulf of Mexico is changing,” Angelle said.“We are seeing bigger, fewer, deeper and more complexplatforms replacing shallow water facilities. ”
To illustrate the change, Angelle pointed to a 73 per-cent increase in wells producing in deep water and a 198percent increase in deep water oil production during the
In a series of working sessions with BSEE Gulf ofMexico Region staff, Angelle focused on the Bureau’sinternal Change Management Initiatives. The Bureau-wide program has been established to improve BSEE’sperformance in key areas that focus on safety perform-ance and environmental stewardship
“We are using metrics and data to drive offshoreoperators’ performance and we are using it to drive ourown,” Angelle told staff. “What you do is more importantthan you may realize. It is vital that we work together tobuild a safer and stronger offshore energy industry.America is counting on it.”
President Requests $200.5 million in FY 2020 Budget for Bureau of Safety and
Environmental Enforcement
WASHINGTON – President Donald Trump has pro-posed a $200.5 million Fiscal Year (FY) 2020 budget forthe Bureau of Safety and Environmental Enforcement.The proposed budget fully supports BSEE’s efforts tofoster safe and environmentally sustainable energydevelopment of the Nation’s offshore energy resourceson the U.S. Outer Continental Shelf.
The FY 2020 budget request of $200.5 million iscomprised of $129.9 million of appropriated funds and$70.6 million in offsetting collections of revenue fromrental receipts, and cost recovery and inspection fees.This $70.6 million of revenue accounts for 35 percent ofthe requested budget.
“President Trump’s proposed FY 2020 budget sup-ports BSEE in continuing its mission overseeing safe,environmentally sustainable and robust offshore energyproduction,” said Director Scott Angelle. “As theAdministration works to promote sustained domesticenergy exploration and production, BSEE is continuingits ‘We Can Do It All’ approach by increasing safety andenvironmental stewardship while at the same time sup-porting robust energy production on the U.S. OuterContinental Shelf.”
Building on FY 2019’s efforts, BSEE’s 2019-2022Strategic Plan and the Director’s “Change ManagementAction Plan” initiatives will continue to guide the Bureauin strengthening environmental safeguards and drivingsafety performance. Examples of environmental initia-tives include the development of an EnvironmentalCompliance Handbook -- a standard program compo-
Bureau of Safety and Environmental Enforcement
Go Gulf Magazine Page 31
BSEE Director Scott Angelle discusses BSEE’srole in offshore oil and gas production with staffMonday, March 11, 2019.
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nent, and the incorporation of environmental inspectionsin BSEE policies, which did not previously exist. Safetyinitiatives include increasing physical inspection time onoffshore facilities, using technology to increase eRecordsinspections, and launching a risk based component of theoverall inspection strategy. With the launch of risk basedinspections, BSEE uses data analysis to focus inspectionson targeted operations and facilities staying steps aheadof potential issues.
The FY 2020 budget supports the following priori-ties:
Safe and Environmentally Sustainable EnergyDevelopment: As directed in the April 2017 ExecutiveOrder 13795 and the May 2017 Secretarial Order 3350,BSEE conducted a critical analysis of specific regula-tions in an effort to refine burdensome regulations thatdid not yield enhancements in safety. These reformefforts will continue in FY 2020 with a particular focuson processes and regulations that fail to reflect the inno-vations in technology and the attendant changes in indus-try project planning processes.
BSEE is continuing the review of its current permit-ting and inspection strategies. The inspection strategyreview focuses on annual planning and incorporates reg-ulatory compliance, risk management systems, and per-formance-based techniques or methodologies.Implementation of the refined inspection strategy allowsBSEE’s inspectors to conduct a more efficient, thorough,and critical physical inspection of components ensuringthe safety of personnel and the protection of the environ-ment. Throughout FY 2020, BSEE will continue refiningits current permitting and inspection strategies to betterreflect the actual risks and phases of development on theOCS.
Enhancing Mission Capacity and Accountability:In FY 2018 and FY 2019, BSEE revised its EnterpriseRisk Management framework to better integrate manage-
ment initiatives such as internal control reviews, programevaluations, audits, risk assessments, policy/procedurecompliance, a formal vital statistics program and per-formance measures. Enhanced integration of these ini-tiatives supports stronger communication and decisionmaking within the Bureau.
In FY 2020, BSEE’s mature policy program will con-tinue to emphasize consistency, accuracy, and accounta-bility, and it will strengthen the Bureau’s mission capac-ity while ensuring accountability through ongoing imple-mentation of key management tools. BSEE understandsthat employees who are accountable, competent, andengaged are essential to efficient, highly-effective organ-izations and enhance the overall capabilities of the organ-ization.
Oil Spill Preparedness and Research: BSEEensures the preparedness of the offshore community byassessing the quality and performance of response equip-ment listed in the plans, such as skimmers, pumps,booms, storage devices, and integrated fast response ves-sels.
In FY 2020, BSEE will continue advancing tech-nologies capable of detecting oil spills and determiningoil slick thickness using remote sensing tools, integratingremote sensing data to support operational decision-mak-ing, and developing “smart” skimmering technologies toimprove recovery rates.
BSEE remains committed to working with Federalpartners such as the USCG Research and DevelopmentCenter and the National Oceanic and AtmosphericAdministration (NOAA), and international organizationssuch as the Arctic Council’s Emergency Prevention,Preparedness, and Response Working Group to engage inits continuous programs of domestic and global informa-tion exchange facilitating forward movement on oil spillresearch.
Go Gulf Magazine Page 32
Bureau of Safety and Environmental Enforcement
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Gulf of Mexico Lease Sale Yields MoreThan $244 Million in High Bids
WASHINGTON – In support of President Donald J.Trump's America-First Offshore Energy Strategy,Interior’s Assistant Secretary for Land and MineralsManagement Joe Balash announced that region-wideGulf of Mexico Lease Sale 252 generated $244,299,344in high bids for 227 tracts covering 1,261,133 acres infederal waters of the Gulf of Mexico. A total of 30 com-panies participated in the lease sale, submitting$283,782,480 in all bids.
“Today’s lease sale shows strong bidding by estab-lished companies, which indicates that the Gulf ofMexico will continue to be a leading energy source forour nation long into the future,” said Assistant SecretaryBalash. “The results from today will help secure well-paying offshore jobs, while generating much-needed rev-enue to fund everything from conservation to infrastruc-ture.”
Lease Sale 249 in 2017 saw $121 million in highbids, while Lease Sale 250 in 2018 had $124 million inhigh bids. Lease Sale 251, the last lease sale beforetoday, had $178 million in high bids.
Lease Sale 252 included 14,699 unleased blocks,located from three to 231 miles offshore, in the Gulf’sWestern, Central and Eastern Planning Areas in waterdepths ranging from nine to more than 11,115 feet (threeto 3,400 meters). The following are excluded from thelease sale: (1) blocks subject to the congressional mora-torium established by the Gulf of Mexico EnergySecurity Act of 2006; (2) blocks that are adjacent to orbeyond the U.S. Exclusive Economic Zone in the areaknown as the northern portion of the Eastern Gap; and(3) whole blocks and partial blocks within the boundariesof the Flower Garden Banks National Marine Sanctuary.
“The Gulf of Mexico remains a premier basin, cov-ering about 160 million acres. It holds about 48.5 billionbarrels of oil and 141 trillion cubic feet of undiscoveredand technically recoverable gas,” said Acting BOEMDirector Walter Cruickshank. “Today’s lease sale repre-sents another step forward in the Administration’s com-prehensive effort to secure domestically produced energyfor our Nation’s energy future.”
Revenues received from OCS leases (including highbids, rental payments and royalty payments) are directedto the U.S. Treasury, certain Gulf Coast states (Texas,Louisiana, Mississippi, and Alabama), the Land andWater Conservation Fund, and the Historic PreservationFund.
Leases resulting from this sale will include stipula-tions to protect biologically sensitive resources, mitigatepotential adverse effects on protected species, and avoidpotential conflicts associated with oil and gas develop-ment in the region.
In addition, BOEM has included appropriate fiscalterms that take into account market conditions and
ensure taxpayers receive a fair return for use of the OCS.In recognition of current hydrocarbon price conditionsand the marginal nature of remaining Gulf of Mexicoshallow water resources, these terms include a 12.5 per-cent royalty rate for leases in less than 200 meters ofwater depth, and a royalty rate of 18.75 percent for allother leases issued under the sale.
Lease Sale 252, livestreamed from New Orleans,was the fourth offshore sale held under the 2017-2022National Outer Continental Shelf Oil and Gas LeasingProgram. Under this program, 10 region-wide lease salesare scheduled for the Gulf, where resource potential andindustry interest are high, and oil and gas infrastructureis well established. Two Gulf lease sales will be heldeach year and include all available blocks in the com-bined Western, Central, and Eastern Gulf of MexicoPlanning Areas.
All terms and conditions for Gulf of Mexico Region-wide Sale 252 are detailed in the Final Notice of Saleinformation package, which is available athttp://www.boem.gov/Sale-252/.
Proposed BOEM budget advancesAdministration goals to implement an
America-First Offshore Energy Strategy
President Donald Trump today proposed a $193.4million Fiscal Year (FY) 2020 budget for BOEM to safe-ly and responsibly manage offshore energy and mineralresources.
The President’s FY 2020 budget request reflectscareful analysis and focuses on the execution of BOEM’smission, including offshore oil and gas exploration andleasing, offshore renewable energy, marine mineralsmanagement, and science-based analyses.
It continues to support efforts that are vital toadvancing the President’s Executive Order 13795,Implementing an America-First Offshore EnergyStrategy, which requires BOEM to develop and imple-ment a new National Outer Continental Shelf Oil andGas Leasing Program (National OCS Program) in con-formity with the provisions of the OCS Lands Act.
“This Administration calls for boosting domesticenergy production to stimulate the Nation’s economy andstrengthen America's energy security, while providingfor environmental stewardship,” said BOEM’s ActingDirector Walter Cruickshank. “The FY 2020 budgetrequest allows BOEM to continue its efforts to advancethese goals as part of our statutory mission.”
Bureau of Ocean Energy Management
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GATE, LLC is proud to announce that in addition tothe renewal of their ISO 9001 quality management pro-gram certification for 2019, they are also the first compa-ny in North America to be certified by DNV-GL to theISO 45001 Occupational Health and Safety ManagementSystem standard. ISO 45001 was published in March2018 to reflect the latest global best practices for healthand safety program delivery and replaces the olderOHSAS 18001 standard.
Lee Jordan, GATE's COO, said, "The transition fromOHSAS 18001 to ISO 45001 was an important one for usand the comprehensiveness and rigor of the DNV-GLaudit process was a key part of ensuring its ultimate suc-cess. The fact that GATE is the first organization in NorthAmerica that has been certified by DNV-GL to this newbenchmark is a testament to the commitment and dedica-tion of our staff and their justifiable pride in the safetyand quality of the work that they provide to the global oiland gas industry."
"GATE is honored to be at the vanguard of the adop-tion of this new benchmark for our industry. Not onlydoes the alignment of the ISO requirements for qualityand health and safety allow us to better deliver both with-in a common management framework, but the greateremphasis on culture, leadership and management com-mitment in ISO 45001 also more closely lends itself tothe environment that we strive for at GATE and so is abetter standard against which to measure ourselves," Leewent on to say.
Grant Gibson, CEO and Founder, says, "OurIntegrated Management System is the cornerstone of oursuccess and must be inherent in every aspect of our dayto day activities if we are to deliver projects safely, aspromised, within Client specifications and in a way thatpositions us as the Thought Leaders and PreferredPartners in the markets that we serve."
GATE, LLC, a GATE Energy Company, is a multi-disciplinary engineering company providing full-fieldservices from concept selection, pre-FEED, FEED,detailed design, installation, commissioning, and opera-tions in areas of chemical systems, production chemistry,flow assurance, materials selection, integrity manage-ment, initial startup, commissioning, operations readi-ness, and high-risk marine operations.
GATE Energy is a family of companies that providescalable, fit-for-purpose services for the energy sectorincluding engineering, commissioning, field services,and operations and maintenance staffing services.
For more information on GATE, visitwww.gateinc.com
For more information on GATE Energy, visitwww.gate.energy
Chet Morrison Contractors, has acquired twopipelay/construction barges and a saturation diving sys-tem, effectively doubling the size of its pipelay bargefleet and increasing its saturation diving capabilities.
MORRISON acquired the following:• LB Super Chief, a 265 ft x 72 ft ABS-classed
pipelay barge with accommodations for 93 personnel. Itis outfitted with a 100 KIP pipe tensioner, is U.S. flaggedand provides extended capabilities for pipe size andwater depth lay and recovery.
• DLB Subsea Vision, a 415 ft x 100 ft ABS-classedpipelay and construction barge with accommodations forup to 140 personnel. It is outfitted with a PDI LargeDiameter Pipelay System with a 100 KIP pipe tensioner,a Seatrax 300-ton crane and a moonpool.
• Saturation Diving System, a 12-man ABS-classedportable IMCA compliant diving system capable of div-ing to depths up to 1,000 ft.
The acquisition complements MORRISON’s exist-ing fleet of pipelay barges consisting of the CM-15, CM-9 and MORRISON’s two six-man saturation diving sys-tems, a portable system and one installed on the DSVJoanne Morrison, a 240 ft saturation diving vessel andthe largest of its class in the Gulf of Mexico with a 70-ton subsea crane. The DSV Joanne Morrison recentlycompleted a major dry dock with upgrades to the vesseland diving systems resulting in enhanced performancefor safety and operational assurance.
Chet Morrison, Chief Executive Officer, said, “Weare excited about this strategic acquisition as it will sig-nificantly enhance our capabilities for greater pipe sizeand water depth operations; globally broaden our serviceofferings to our clients; and offer employment opportuni-ties for many mariners, divers and other craftsmen. Thiscoupled with our ongoing upgrades to our existing fleetdemonstrates the commitment to our clients, employeesand the overall industry, reinforcing MORRISON as thetrusted subsea infrastructure solution.”
Wood has been awarded an $8 million contract byADNOC Refining to deliver pre-front end engineeringand design (pre-FEED) for a new refinery in Ruwais, inthe western region of the Emirate of Abu Dhabi, whichis set to become the world's largest refining and petro-chemicals complex.
The award is for a state-of-the-art refinery with acapacity of 600,000 barrels of crude oil per day. The newrefinery will be designed to have full conversion capa-bility and allow integration with existing petrochemicalsinfrastructure in Ruwais.
Wood will provide a pre-FEED package based on itsproven design and execution expertise, drawing uponthe company's global centres of engineering excellencesupported by the local Abu Dhabi-based team. Woodwill also provide services including licensor selection,site master plan development, scope of work for the
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New Products and Services
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FEED phase as well as an EPC schedule and cost esti-mate. The pre-FEED phase is expected to be completedby the end of 2019.
Bob MacDonald, CEO of Wood's SpecialistTechnical Solutions business, said: "We are pleased tocontinue our relationship with ADNOC Refining. Thispre-FEED award allows us to partner with ADNOC indeveloping a world-scale state-of-the-art facility - a flag-ship development for the UAE.
Danos has announced that it has reached a tentativeagreement to acquire the assets and business ofShamrock Energy Solutions, a privately held 22-year-oldoilfield service company, based out of Houma,Louisiana. The deal is will increase the number of Danosemployees by nearly 50 percent, from 2,200 to 3,200.The closing is subject to certain remaining contingencies.
“There are a lot of synergies between the compa-nies,” said Danos Owner and Executive Eric Danos.“Both are privately owned, Louisiana-based and have asimilar customer-centric, values-based approach to busi-ness.”
The acquisition will expand Danos’ portfolio serviceofferings – production workforce, construction, fabrica-tion, coatings, scaffolding, automation, project manage-ment, materials management, shorebase and logistics,and specialized consultants – adding mechanical mainte-nance, valve and wellhead, regulatory compliance andmeasurement, and power generation.
Danos added, “This strategic investment allowsDanos to better meet our customers’ needs throughexpansion of craftsmen, geographies served and servicelines offered.”
Danos will retain Shamrock’s team of over 1,000employees, making it one of the largest service providersin the marketplace.
“Danos exemplifies many of the same family-orient-ed values we’ve established at Shamrock,” saidShamrock Owner and President Jeff Trahan. “I’m excitedto see how the integration of Shamrock’s business intoDanos builds upon the foundation of excellence we’veestablished when I purchased the business in 2008.”
Danos also announced that Phoenix Construction hasbegun construction on their new Permian office. Set onan 11.56-acre lot, south of Interstate 20 between Midlandand Odessa, the 20,245 square-foot building will houseoffice and meeting space, training facilities and comput-er-based training stations. Additionally, the building willhave a 12,522 square-foot shop, featuring drive-thru andcrane bays, with space for fabrication, automation,instrumentation and electrical, coatings and hydro-test-ing, work. The new office will consolidate multiple,existing offices for Danos in the Midland/Odessa area.Construction is expected to be completed summer 2019.
San Jacinto College’s Maritime Program wasnamed the 2019 Bellwether Award recipient inWorkforce Development this week, awarded by theCommunity College Futures Assembly to the most inno-vative community college workforce program in thenation.
“We are thrilled to win the prestigious BellwetherAward,” said Dr. Allatia Harris, San Jacinto College ViceChancellor of Strategic Initiatives. “We competed for thishonor with workforce programs from across the countrythat are all striving to create opportunities for their stu-dents and leverage advantages for employers in theirregion. San Jacinto College is proud to be the educationalprovider for mariners beginning their careers as well asthose coming ashore in Houston, and having our programrecognized nationally is a testament to our commitmentto our mission.”
The Bellwether Awards are an integral part of theCommunity College Futures Assembly—sponsored bythe Institute of Higher Education at the University ofFlorida—focusing on cutting-edge, trendsetting pro-grams that other colleges might find worthy of replicat-ing. The awards are widely regarded as the nation's mostcompetitive and prestigious recognition for communitycolleges, and are presented annually to colleges with out-standing and innovative programs or practices in threecategories: workforce development, instructional pro-grams and services, and planning, governance, andfinance.
Selected from a competitive, nationally reviewedfield of hundreds of Bellwether applications, San JacintoCollege’s Maritime program took the top honor in work-force development, categorized as public and/or privatestrategic alliances and partnerships that promote commu-nity and economic development by producing workforce.
“All of San Jacinto College has played an instru-mental part in the success of the Maritime Program,” saidJohn Stauffer, Associate Vice Chancellor of the MaritimeTechnology and Training Center. “Our goal at SanJacinto College Maritime is to provide a solution for ashortage of mariners in the Gulf Coast Region. We areaccomplishing this through strong partnerships with ourindustry partners and our community to provide theskilled workforce needed to build a stronger regionaleconomy. Winning this prestigious award was a totalteam effort.”
San Jacinto College's 45,000-square-foot MaritimeTechnology and Training Center is home to more than 70USCG-approved courses and Texas' first and only asso-ciate degree in maritime transportation program. Led bya uniquely qualified staff of USCG-approved ShipCaptains, Chief Engineers, and former U.S. Military andMerchant Marine Officers, these dedicated marinershave more than 225 years of industry experience com-bined and are committed to shaping the maritime leadersof tomorrow.
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Surrounded by monuments of history, industries andmaritime enterprises of today, and the space age oftomorrow, San Jacinto College has served the citizens ofEast Harris County, Texas, since 1961. The College isfiscally sound, holding bond ratings of AA and Aa2 byStandard & Poor’s and Moody’s. San Jacinto College isa 2019 Aspen Prize for Community College ExcellenceTop 10 institution, a 2017 Aspen Prize Rising Star Awardrecipient and an Achieving the Dream Leader College.The College serves approximately 45,000 credit andnon-credit students annually, and offers eight areas ofstudy that puts students on a path to transfer to four-yearinstitutions or enter the workforce. San Jacinto College’simpact on the region totals $1.3 billion in added income,which supports 13,044 jobs.
Logan Industries, a hydraulic repair, manufacturingand rental company, has successfully completed aReduced Bore Direct Acting Tensioner (RB-DAT) proj-ect to enable the use of the DAT in shallow water.
The project required making an existing deepwaterDAT suitable for shallow waters using the existing rodand barrel, external footprint and interface points, whilemaintaining the same pressure rating and tuning theoperating characteristics from deepwater to shallowwater.
Logan used a sub-arc welding machine and precisionbarrel positioners to manufacture the equivalent ofreduced bore direct acting tensioner barrels and insertedthese barrels (which become reduced bore sleeves at thispoint) into the existing DAT to effectively reduce ten-sioning forces between the marine riser and subsea well-head. This improved the operational performance of theDAT in shallow waters with lighter loads.
Dean Carey, technical director, Logan, said, “Weprovided the operator with a DAT that looks the same,but provides better operational performance in shallowwater. We were able to save the client full replacementcosts, while accommodating their existing interfacepoints and control lines. We provided an option to theoperator that wasn’t readily available and gave them adrop-in solution. Also, it gives them the ability to convertand un-convert when their water depths change for dif-ferent well locations. We see this as a huge cost savingfor DAT owners, giving the drilling contractors moreflexibility in where they can operate – in both shallowand deep waters.”
Headquartered in Hempstead, TX, Logan Industriesis a hydraulic repair, manufacturing and rental companyserving the marine, industrial, mill, dredging and oil andgas industries. Logan’s services include providinghydraulic machinery, performing hydraulic repairs andrefurbishing, manufacturing and designing equipment.
Health and safety company Pharma-SafeIndustrial has recently added DeWayne Misner to theirteam as the new executive vice president of health, safetyand environmental management (HSE).
Misner brings more than 30 years of HSE experienceto the position and a deep understanding ofOSHA/BSEE/EPA principles and regulations. AtPharma-Safe, Misner will be responsible for the over-sight and mentoring of the HSE department and itsemployees from recruitment into career development.Based in Lafayette, Louisiana, he’ll also be traveling toclient locations and working closely with each to ensurethat the company’s HSE personnel are performing up tothe industry-leading standards that Pharma-Safe has setfor itself.
“DeWayne’s experience directing corporate-wideHSE programs will be incredibly valuable for the team.His ability to implement programs aimed at reducingorganizational losses from accidents and injuries will bea valuable resource not only for us, but for all of Pharma-Safe’s clients. We know he’ll be a key player in expand-ing our HSE division and developing new talent intoeffective professionals,” said Doug Voisin, ChiefOperating Officer of Pharma-Safe.
Pharma-Safe Industrial Services Inc. is a leadingprovider of highly-qualified, experienced safety person-nel for a broad range of industries worldwide, specializ-ing in comprehensive safety solutions. Backed by morethan 150 years of combined industry experience, theyoffer all levels of Health, Safety, and Environmental(HSE) personnel, including remote industrial medicalpersonnel, remote industrial occ-med clinics, telemedi-cine, training and a variety of safety and health supportservices.
Conrad Shipyard has delivered the Articulated TugBarge unit, tug Wachapreague and barge DOUBLESKIN 803 to The Vane Brothers Company headquarteredin Baltimore, Maryland. This ATB unit is the third of aseries of three like units built for Vane.
DOUBLE SKIN 803 has an overall length of 403feet, beam of 74 feet and overall depth of 32 feet. Thebarge is equipped with bow thrusters and thermal heatersfor its cargo of asphalt. The 110foot Wachapreague,named for a city on the Eastern Shore of Virginia, has abreadth of 38 feet and a design draft of 15 feet-four inch-es. She is powered by two 2200HP Cummins enginesand has accommodations for a crew of ten.
Conrad Shipyard Chairman and CEO, JohnnyConrad, discussed the valued relationship. “It is alwaysrewarding to deliver new vessels to a repeat customerlike Vane,” he said. “The Vane team is great to workwith, and this ATB is representative of the quality, crafts-manship, integrity and service consistently delivered byour extraordinary shipbuilding team. We appreciateVane Brothers’ continued confidence in ConradShipyard.”
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OCF luncheons and dinners are held in Canada,Colorado, Oklahoma, Texas, Louisiana, Wyoming,and Pennsylvania, with more chapters in the making.Speakers share how they came to know Christ andwhat He is doing in their lives. Because of this, thou-sands of men and women have been encouraged,lives have changed and many have accepted Christfor the first time.
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Raleigh Nepveux
Sales
For Sale GMC 21 x 60 Lathe
Like New Condition
Used very little
DRO and some tooling
Taper and Threading
10hp 220 VAC 3 Phase
Weight 8000 lbs
New $17,000 +
Selling Price $7999
Offers/Maybe Trade for ?
Contact:
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