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Challenges & Solutions for Offshore Frontiers: How Far Can We Go?

Challenges & Solutions for Offshore Frontiers: How Far Can We Go?. James Watson President & COO, Americas Division Houston, TX 20 February 2014. NAMEPA 2014. Well-Known Factors. Easy locations have been discovered Increased emphasis on safety and environment

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Challenges & Solutions for Offshore Frontiers: How Far Can We Go?

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  1. Challenges & Solutions for Offshore Frontiers: How Far Can We Go? James Watson President & COO, Americas Division Houston, TX 20 February 2014 NAMEPA 2014

  2. Well-Known Factors • Easy locations have been discovered • Increased emphasis on safety and environment • Broader expectations for equipment

  3. Increasing Oil Recovery Source: Center for Oil Recovery

  4. Proven & Probable Deepwater Discoveries Source: Alex Chakhmakhchev, IHS

  5. Deeper Drilling Capabilities The 53,000-ton the Italian-owned, Chinese-built Scarabeo 9 is a state-of-the-art, semi-submersible ultra-deepwater drilling platform capable of working in up to 12,000 feet of water depth with a 50,000 foot (9.5 miles) drilling depth capacity. The platform has accommodations for full-time support of up to 200 workers. (Source: “Background on Scarabeo 9″ in CubaStandard.com by Jorge Pinon,) Source: Scarabeo 9 in CubaStandard.com by Jorge Pinon

  6. Offshore Technology Advancements

  7. Broad Spectrum of Issues Source: Oilpro

  8. High Pressures & Temperatures

  9. Harsh Bottomhole Conditions

  10. High Profile Wells Source: CBS News

  11. Arctic Challenges

  12. Ice Management for Offshore Structures

  13. Loop & Eddy Currents

  14. Condition-Based Monitoring

  15. Rapid Response Source: gCaptain

  16. Life Cycle Management

  17. Challenges & Opportunities

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