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Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazils 5th Open Permanent Concession bid round. The license is in close proximity to the S-M-1378 block we already own, an area with strong potential that we can leverage to reinforce our position in the Santos basin. Already a member?
After a few years in the North Sea, I joined a company building a state-of-the-art, dynamically positioned drillship, capable of operating in offshore basins around the world. During my six years in the HSE role, the company expanded rapidly through a series of mergers and acquisitions. This marked the start of a change in my career.
The Selene discovery is a key driver for this Acquisition, which forms an important component of Viaro’s recently announced transaction with Shell and ExxonMobil, as well as within the broader basin context. The transaction reflects our commitment to advancing key developments responsibly and with the continuity they require.
It has been my experience in audits, observations, and investigations that if you find someone contending that a particular company rests on an equal “three-sided triangle” or “three-legged stool” (HSE: Health, Safety, and Environment), that person really should go to the field more often, for a dose of reality.
Then the Texas Railroad Commission initiated a program to monitor seismic activity focused on the Permian Basin. Their investment in pipelines, storage lagoons, and treatment facilities drastically reduced the cost of treating and moving PW around the basin. Ultimately this program led to SRAs and curtailment of volumes to some SWDs.
By reducing the number of personnel performing geology-related services at the rig, catering, security, logistics and HSE are also affected positively. Vertical Seismic Profiles (VSP) in certain situations are revelationary pieces of information which can shed a whole new light on basin analysis.
The Permian Basin is a hotbed of activity, always answering a relentless demand for output, and as experts look ahead, the infrastructure needed to accommodate surging output comes squarely into focus. He says the Permian Basin region has seen a couple of gigawatts of average growth.
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