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Whether the reservoir is a sandstone or carbonate, completing an offshore well is high-stakes and logistics-intensive, but technologies have helped drive down emissions associated with offshore hydraulic fracturing.
Part 2 of this three-part series examines the full lifecycle operations simulations performed using BMT’s SLOOP event domain software, to compare subsea (wet tree) and dry tree concepts. This article argues for using a permanently moored dry tree concept with key performance statistics of DP MODUs and platform rigs.
Skyrocketing oil prices caused by Russia’s war on Ukraine and Biden’s war on hydrocarbons present the Gulf of Mexico E&P industry with a conflicting brew of circumstances.