E&P Highlights: May 27, 2025

From a new contract for tubular running services to high frequency sensors, you will find a compilation of the latest headlines in the E&P area below.

activity

Production begins with the Mero4 project off the coast of Brazil

The Alexandre de Gusmão platform ship began in the Mero area in the Santos basin off the coast of Brazil, three companies announced in the boring group. It is the fifth platform in the field.

The field is located in the Santos basin in front of the Salt Southeasters Offshore Brazil, about 180 km from Rio de Janeiro, at a water depth of 1,800 m to 2,100 m.

The operator Petrobras holds a share of 38.6% of the Mero4 project. The other partners are Shell Brazil (19.3%), total energy (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal Petróleo SA (3.5%).

The new FPSO has the ability to produce 180,000 BBL/D oil and 12 mmcm gas. If it is in operation, the installed production capacity is increased by around 31% to 770,000 BBL/D.

The project requires 12 development fountains, including five oil producers, six water or gas alternative injectors and a convertible fountain. The wells are equipped with intelligent Well -Completion technology.

Contracts and company news

ABS approves liquefied CO₂ Barge for us operation

ABS granted basic approval for the preliminary design of a liquefied CO₂ Barge to Overseas Shipholding Group Inc., the parent company of Aptamus Carbon Solutions. The articulated tractor and barge unit is a unique survival to operate carbon capture projects in the USA

The development of the barge design is a central component of the Tampa Regional Intermodal Carbon Hub project in order to obtain, store and process emissions from Florida Industries for transport to regional sequestration centers.

The design of the freight handling system is based on LCO2-Typ-C tanks with medium pressure and can transport 20,000 MT freight. The maximum operating pressure was determined by success studies and market trends as well as taking into account the stress capacity and the holding time.

ABS celebrated completed design exams based on the class requirements, in particular the latest ABS requirements for the construction and classification of liquid gas containers.

TGS publishes the data set for Uinta, Picance, Paradox Basin

The energy data provider TGS has published a stratigraphic and a reservoir framework that covers the Uinta, Picance and paradox basin in the USA. This data record is intended to support a number of underground applications in the oil and gas industry, including conventional and unconventional exploration, regional screening and carbon storage assessment.

The data record contains:

• A regionally consistent stratigraphic frame with 39 correlated surfaces in more than 4,500 wells;
• Petrophysical interpretation protocols that describe important reservoirat tributes such as porosity, permeability and water saturation;
• Regional property maps of important reservoirs that support prospect identification and pelvic scale; And
• Transparent documentation, the methodology, data and quality controls outlined.

Deepocean acquires shelf underwater to expand the portfolio

The provider of Ocean Services Deepocean has acquired Regal Subsea, an independent provider of underwater services with a strong position in the eastern hemisphere. The terms were not announced.

The shelf underwater is integrated into Deepocean and the company's business region, Deepocean APAC, is formed. The companies offer engineering and project management for underwater construction and installation, underwater survey and positioning services, underwater -MR services as well as removal and recycling of underwater assets.

“We look forward to combining our leading technologies and innovative solutions with the business activities of Regal -Untersee in the APAC region and getting valuable findings from your leading project model,” said Deepocean CEO, CEO from Deepocean, Øyvind Mikaelsen.

Expro recorded two tubular mileage contracts

Expro was awarded two leading operators in the Gulf of America worth several years of tubular mileage contracts worth more than $ 80 million, which cover both deepwater drills and platform rigs.

Expro will use his Centri-Fi-Operational Hub and Itong Rig integration package to support the offshore operators in the former Golf of Mexico.

“Our advanced technologies-including Centri-Fi and Itong helps to change the opportunities in tubular running services, to improve security, reduce exposure to personnel and to achieve the consistent performance,” said Jeremy Fishing, Vice President for Well Construction.

Neo Oiltools introduces Neosmart high frequency sensors

Neo Oiltools, a creator of drilling tools for the oil and gas and geothermal industry, has introduced neosmart high frequency sensors. They offer detailed, high-resolution post-run diagnostics that help maximize the drilling performance and at the same time minimize the downhill hole risk.

As a embedded optional device, Neosmart monitors downhole vibrations in three dimensions and follows the axial movements of the NeoTork downhole during a run. The data that Neosmart offers can adjust the drilling parameters, bit design or the BHA configuration (Bottomlhole Assembly) for future runs and provide more predictable and efficient holes.

“Neosmart is of field samples to enable targeted improvements to the drilling programs by correlating the tool behavior with the formation reaction and the BHA dynamics,” said Robert Borne, CEO from Neo.