Empyrean Energy Share Discussion Threads

[jamesiebabie] 14/2/2022 21:47

I wonder if TK is being towed behind the survey vessel on his surfboard and Gaz might be in a doughnut.

[jamesiebabie] 14/2/2022 21:40

JJ - what happened to the partners?

ps. the yellow vessel I referred to is what, then?

[nametrade] 14/2/2022 20:54

Yes Jamesie,
It had good porosity
Very good permeability (more than one Darcy)
Good charge..:)
If we are ball park I think it would do.. but who knows what will happen.

[judijudi] 14/2/2022 20:31

Dated 2013


The Liuhua 11–1 oil field, to date, the largest oil field in the South China Sea, is located in approximately 310 meter of water. It was the first deepwater field in the South China Sea originally developed by a consortium of Amoco, CNOOC and Kerr-McGee in 1995. The development includes a Floating Production System (FPS) with a subsea production system, and a Floating Production Storage Offloading (FPSO) located approximately 3km northwest of the FPS. The development of a nearby field, the Liuhua 4–1, about 11km away from Liuhua 11–1, was approved in early 2010 and produced in 2012 through the Liuhua 11–1 FPS facilities via subsea tieback, which requires to FPS life extension and topsides capacities upgrading for another 15 years. There are significant technical challenges for the life extension and dry dock upgrade of the FPS, as well as the subsea tie-back of the Liuhua 4–1 field. The FPS mooring and subsea control risers need to be disconnected and reconnected after the FPS drydock. The new 11km subsea pipeline between two oil fileds, control umbilical and electrical cable risers need to be installed. The FPS upgrade project started in 2010 and completed successfully in 2012 with the reconnection of the mooring and risers to the FPS. Both the Liuhua 11–1 and the Liuhua 4–1 fields are currently producing. This paper gives an overview of the Liuhua11–1 and Li uhua4–1 development as a case study for South China Sea deepwater development and also discusses the technology and project execution for developing nearby marginal fields. Introduction Liuhua 11–1 Oil Field is the deepest oil field on production in China to date, located in South China Sea, started first oil production on March 1996. She was called a " crown jewels" in offshore oil industry with a series of technical innovation at that time, and she is still on production after 17 years service. Liuhua 4-1, as a marginal oil field, was developed via tie back to the Liuhua 11–1 Oil Field, raised new requirement on the existing offshore facilities. China National Offshore Oil Corporation (CNOOC) faced serious challenges on facilities upgrade, FPS disconnection, re-hookup, and technicalogy and project management. The Semi-Submersible Platform FPS Nan " Hai Tiao Zhan" was disconnected on Oct. 2011, went to Dry Dock upgrading, re-hookup on location on May 2012. Liuhua 11–1 production resumed on June and Liuhua 4–1 started the First Oil on July and all 8 wells were on production in Sept. 2012.

[jamesiebabie] 14/2/2022 19:50

JJ - who drilled 11-1, first and then what happened?

[jamesiebabie] 14/2/2022 19:47

Ride - have you looked at CGX Energy?

[jamesiebabie] 14/2/2022 19:43

Ride - Gaz is our best shot, but I suspect COSL/CNOC will be guiding.

I know what you are inferring. It's like being put in as an airline pilot after having your first ever flying lesson. Rookies luck?

[judijudi] 14/2/2022 19:27

JB,

Liuhuan 11-1 is a producing conventional oil field located in deepwater in China and is operated by CNOOC. The field has water depth of 1,017 feet.


Production from Liuhuan 11-1

The Liuhuan 11-1 conventional oil field recovered 85.55% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 47.14 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035.

[ride daice] 14/2/2022 19:13

Jamesiebabie14 Feb '22 - 17:11 - 44884 of 44886

RE: Who on this bb has invested in an offshore exploration play before?

I am invested here but my question would be slightly different...

Who on the EME board has ever drilled an offshore exploration play before?

i.e. As Operator do they know what they are doing ?

[jamesiebabie] 14/2/2022 19:01

Long time no read, Westy, I hope you are doing well?

So what do we know about block Liuhua 11-1? Who drilled the first well and what happened thereafter?

Will history repeat itself?

[westmoreland lad] 14/2/2022 17:23

I've had several Jamesie. Bahamas Petrolium to name one -- am still limping )-:

[jamesiebabie] 14/2/2022 17:11

Who on this bb has invested in an offshore exploration play before?

[jamesiebabie] 14/2/2022 16:49

Who's read any history on the neighbouring block to the north?

[buzzzzzzzz] 14/2/2022 16:48

Thanks for all your support.
Feeling returns to my legs and just had some serious drugs!!!

[buzzzzzzzz] 14/2/2022 16:48

Thanks for all your support.
Feeling returns to my legs and just had some serious drugs!!!

[lazarus2010] 14/2/2022 16:25

What's up Begorrah, not feeling the love? Here's a big hug mate 🤗

Buzz, all the best for a speedy recovery. I'm sure it will soon be the healthiest part of you 🤪

[jamesiebabie] 14/2/2022 16:22

Starz - How did you guess?

gbg - I think I've done enough.

[abergele] 14/2/2022 16:21

Yes to reiterate all those well wishes for you Buzzz,
go steady,and you'll be fine,
as will EME one day,,good luck Buzzzz

[digger2779] 14/2/2022 15:47

Speedy recovery buzz....get them dancing shoes polished!!!

[buzzzzzzzz] 14/2/2022 15:40

Staz

LOL

[starzerus] 14/2/2022 15:20

Had my operation 10am but still can’t move my legs from epidural.

Buzz was it a boy or a girl?

[blueblood] 14/2/2022 15:18

At least CORO gone blue!