vito field shell

Vito is owned by Shell Offshore Inc. (63.11% operator) and Statoil USA E&P Inc. (36.89%). Vito is owned by Shell Offshore Inc. (63.11% operator) and Statoil USA E&P Inc. (36.89%). Shell estimates Vito has recoverable resources of 300 million barrels of oil equivalent. Ron Smith, Deep Down’s CEO, said, “This award highlights another step in the strong commitment Shell and Deep Down share, of ensuring a safe future for the oil and gas industry.” Posted on May 30, 2018 with tags Deep Down , Isolation Valve , Shell , Vito Field . Vito has estimated recoverable resource of 300 million boe, Shell said. Vito is located over Mississippi Canyon Blocks 940, 941, 984 and 985, and is a 1000ft Miocene turbidite reservoir. Vito (Shell interest 63.1%) is expected to reach an average peak production of 100 thousand boe/d. It is Shell’s attempt at a simplified newbuild 24,000-tonne FPU (floating production unit) that includes a 15,000-tonne hull and 8,800-tonne topsides. At this stage, Shell, Anadarko and Statoil are targeting to start the front end engineering and design (FEED) in 2015 for a final investment decision (FID) on Vito not before 2016. Since the discovery, Shell and its partners carried out an intensive campaign of exploration with appraisal wells until 2013. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The Vito development is owned by Shell Offshore Inc. (63.11%, operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 ft … by Mark Lammey 21/05/2018, 7:10 am Updated: 21/05/2018, 8:00 am The Vito field is contained in more than 4,000ft depth of water, and located nearly 241.4km southeast of New Orleans. The Vito development is owned by Shell Offshore Inc. (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 feet of water, approximately 150-miles southeast of New Orleans. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico. In July 2009, Anadarko discovered Vito in the Block MC 984 by 1,234 meters of water depth and 9,449 meters of total depth. Therefore Shell and its partners Anadarko and Statoil are evaluating different concepts to develop Vito including semi-submersible platform, SPAR (Single Point Anchor Reservoir) type platform or tension leg (TLP) platform. By Ellen Francis (Reuters) – Interpol has issued red notices for the captain and owner of the ship that carried the chemicals which devastated Beirut in an explosion in August, killing 200... By Chen Aizhu (Reuters) – China has issued 5 million tonnes of clean marine fuel export quotas in the first release for 2021, to five companies including a private refiner,... By Andrea Shalal (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and... For general inquiries and to contact us, please email: [email protected], To submit a story idea or contact our editors, please email: [email protected]. In the US Gulf of Mexico, we announced the FID to develop the Vito deep-water field. In 2015, Shell began to redesign the Vito project, reducing cost estimates by more than 70% from the original concept. In Statoil the benchmark is now 60% recovery rate for new projects. Shell Vito. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Shell announced its final investment decision for the 100,000 barrel-per-day Vito development in April after a years-long redesign of the project reduced cost estimates by more than 70% of the original concept to a break-even of less than $35 per barrel. The Vito development is owned by Shell Offshore (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 feet of water, approximately 150-miles southeast of New Orleans. Read more: Working with local businesses to develop America’s energy resources For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer. With more than 300 million barrels of oil equivalent (boe) Vito joins the short list of the most important discoveries in the US Gulf of Mexico on the last five years. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. The FPU is being made for Shell’s Whale field development, with the agreement coming ahead of a final investment decision to be made next year by Shell for the full project. The Vito FPU will feature a 4-column semi-submersible hull with topsides weighing 9,200 tonnes. We are fully committed to executing and delivering the project safely and efficiently.”. The field is located in the Alaminos Canyon Block 772 of the Perdido area in the Gulf of Mexico. The field lies in 4,000ft of water and spans four blocks within the Mississippi Canyon area, namely blocks 940, 941, 984 and 985. Scheduled to come online in 2021, it will be our 11th deep-water host project to be engineered and delivered for the US Gulf of Mexico. You are here: Home » Blog » One day - One Project » Shell Anadarko and Statoil at concept study on Vito US Gulf of Mexico. Email: [email protected] Phone: +1.805.704.2536. These cookies do not store any personal information. The Whale discovery is situated at a water depth of approximately 8,000ft, 322km south-west of Houston in Texas, US. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. As field sales representative you will be responsible to work prospects through the entire sales cycle. On April 24, 2018, Shell announced the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less than $35 per barrel*. For the lastest news about Oil&Gas and Digitalization, do not hesitate to follow our newsletter : Check you mail box or spam to activate your subscription and ensure not to miss any post. Field Sales Representative We are seeking and experienced field sales representative to attract new clients, take care of existing customers and maximize profits within dedicated sales territory. Shell Invests in the Vito Development in the Gulf of Mexico. After this discovery and releasing the drilling rig, Anadarko transferred the operatorship in Vito to Shell. Shell Invests in the Vito Development in the Gulf of Mexico On April 24, Shell announced the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico. Business & Finance. These different solutions will require to locate equipment offshore or onshore that may be either pumps, either compressors, thus with a major impact on the nature of the topsides to be considered for the design of the platform. Vito will be Shell’s 11th deepwater host in the GoM, the company said. From water depth perspective, the TLP is reaching the limit with existing design but it could be considered in including further development as long as Shell and its partners should access the corresponding risks. Shell owns more than 63 percent of … Vito is a deepwater oilfield located approximately 241.4km south-east of New Orleans in the Mississippi Canyon area of the Gulf of Mexico, US. The Vito field will consist of eight wells with a gas lift measuring 18,000ft in length. Vito deepwater oilfield is located 241km south-east of New Orleans, in the Mississippi Canyon area of the Gulf of Mexico, US, in 4,000ft of water depth. Shell Offshore with a stake of 63.11% is the operator of the Vito field and is partnered by Statoil USA E&P, which owns the remaining stake of 36.89%. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. The Vito development is owned by Shell Offshore Inc. (63.11%, operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 ft of water, approximately 150-miles southeast of New Orleans and is currently scheduled to begin production in 2021. Considering the distance from shore of approximately 100 kilometers and the cheap price of the methane in the Texas and Louisiana Gulf Coast, this solution would increase the capital expenditure of the Vito project but could significantly increase the oil recovery rate from the field. Shell plans to use Vito as a production facility to accommodate approximately 300MMboe or more. The Royal Dutch Shell (Shell), the US independent company Anadarko Petroleum Corporation (Anadarko) and the Norwegian national oil company (NOC) Statoil are mobilizing their best experts in enhanced oil recovery (EOR) techniques to compare the different solutions to boost the production from the Vito oil and gas field in the deep water of the US Gulf of Mexico. Originally thought to be developed as a tie-in of the neighboring Appomattox, the revision of the reserves imposed Shell and its partners to consider Vito development as a stand-alone project. It is mandatory to procure user consent prior to running these cookies on your website. You also have the option to opt-out of these cookies. It is currently scheduled to begin producing oil in 2021. Since then Shell and its partners share the working interests in Vito as following: Straddling across the blocks MC 985, MC 984, MC 941 and MC 940 on the boarder between the Mississippi River Canyon area and the Atwater Valley area, Vito is located approximately 200 kilometers southeast of New Orleans, Louisiana. The Vito development will be Shell’s 11th deep-water host in the Gulf of Mexico. Alternatively Shell and Statoil are considering gas injection, methane in this case. We use cookies on our website to give you the most relevant experience. Vitol acquired Shell’s downstream assets in Africa in February 2011, creating Vivo Energy, a joint venture between Vitol (40%), Helios Investment Partners (40%) and Shell (20%). William Gu, Sembcorp Marine Senior Vice President and Head of Rigs & Floaters, said, “We are delighted that Shell has awarded the Vito FPU contract to us. Sembcorp Marine today confirmed it would build the floating production unit for Shell's Vito field in the US Gulf of Mexico. The conventional solution relies on the well known water injection, but since all companies have realized that the injection of salty water in the reservoir has a limited effect on the long term recovery rate of the crude oil Shell and Statoil are looking for alternative solutions. Ltd. has signed a letter of intent with Shell Offshore Inc. for the construction of the hull and topsides and the integration of the Vito floating production unit in the deepwater Gulf of Mexico. The Whale field is situated adjacent to the Silvertip oil and gas field, which is operated by Shell. Sembcorp Marine Secures FPU Construction and Integration Contract for Shell’s Whale Field Development in Gulf of Mexico. It is currently scheduled to begin producing oil in 2021. The Vito field was discovered in 2009, 12mi from the Shell-operated Mars tension leg platform. A subsidiary of Singaporean shipbuilder Sembcorp Marine has been awarded a contract from Shell Offshore to construct and integrate the hull, topsides and living quarters of a new semi-submersible Floating Production Unit destined for Shell’s Vito project in the U.S. Gulf of Mexico. Therefore Shell, Anadarko and Statoil will have first to select the EOR solutions before evaluating the supporting platform. Just enter your email and get hot news every morning. More importantly, Shell and Statoil compare different solutions to boost production with enhanced oil recovery techniques. Field Start Ups; Shell makes FID on Vito development in Gulf of Mexico. The Vito development will be Shell’s 11th deep-water host in the Gulf of Mexico. By clicking “Accept”, you consent to the use of ALL the cookies. Sembcorp Marine Rigs & Floaters Pte. Vivo Energy operates more than 1400 retail stations across Africa under the Shell brand, and has access to 900,000 cubic metres of storage. During this period, Shell and its partners could revise upward by 50% their first estimations of the recoverable reserves in Vito. The leading global oil, gas and energy news resource. It is currently scheduled to begin producing oil in 2021 and has estimated recoverable resources of 300 million boe. It will consist of eight subsea wells with deep (18,000 feet) in-well gas lift. document.getElementById("comment").setAttribute( "id", "ae1285bd43929118ae95edc6870144b4" );document.getElementById("i53585e134").setAttribute( "id", "comment" ); Shell Anadarko and Statoil at concept study on Vito US Gulf of Mexico, For more information and data about oil and gas and petrochemical projects go to, cheap price of the methane in the Texas and Louisiana Gulf Coast, injection of salty water in the reservoir, Norwegian national oil company (NOC) Statoil, SPAR (Single Point Anchor Reservoir) type platform, US independent company Anadarko Petroleum Corporation (Anadarko), Vito oil and gas field in the deep water of the US Gulf of Mexico, Legal, General Terms & Conditions, Copyright. Vito is owned by Shell (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is beneath more than 4,000 feet of water, about 150-miles southeast of New Orleans. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The Vito field was discovered in the US Gulf of Mexico in 2009. The deepwater oilfield is jointly owned by Shell Offshore (63.11%) and Equinor (formerly Statoil, 36.89%), and operated by Shell Offshore. Vito is expected to reach peak production of approximately 100,000 barrels of oil equivalent (boe) per day, which represents a significant contribution to Shell’s continued growth in the Gulf of Mexico. Enter your email and get some awesome stuff every week. Whale FPU will take advantage of synergies from ongoing Shell Vito FPU project secured last year. June 15, 2018. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. Subsea 7 scores ‘sizeable’ Vito field contract with Shell. Necessary cookies are absolutely essential for the website to function properly. The Vito development is owned by Shell Offshore Inc. (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 ft (1,219 m) of water, about 150 mi (241 km) southeast of New Orleans. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, … The Vito FPU will be located in more than 4,000 feet of water in the Mississippi Canyon Block 984 in the Gulf of Mexico approximately 150-miles southeast of New Orleans. The Vito development is owned by Shell Offshore Inc. (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 feet of water, approximately 150-miles southeast of New Orleans. This category only includes cookies that ensures basic functionalities and security features of the website. In 2015, the Dutch supermajor started a design overhaul that reduced field development costs by about 70 percent through work with vendors like Subsea 7. Home; Field Development; Shell issues LoI for Vito semisubmersible FPU. But opting out of some of these cookies may affect your browsing experience. As BP they could opt for the injection of soft water, but the drawback is to load the topsides of the platform with 5,000 to 10,000 tonnes of additional equipment for the water treatment. Peak production of 100,000 boe per day is expected. “This decision sets in motion the construction and fabrication of a new, simplified host design and subsea infrastructure,” Shell said in the news release. Join the 64,397 members that receive our newsletter. This website uses cookies to improve your experience while you navigate through the website. The Vito field is more than 4,000 feet deep in the Gulf and is located about 150 miles southeast of New Orleans. At this stage, Shell, Anadarko and Statoil are targeting to start the front end engineering and design (FEED) in 2015 for a final investment decision (FID) on Vito not before 2016. Shell has awarded Subsea 7 a contract for work at its deepwater Vito development, approximately 150 miles south of New Orleans, in the US Gulf of Mexico. For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer The option to opt-out of these cookies barrels of oil equivalent solutions to boost with... Eor solutions before evaluating the supporting platform during this period, vito field shell and its partners out. On Vito development in the Gulf of Mexico, we announced the final investment for... Interest 63.1 % ) is expected Ups ; Shell makes FID on Vito development will be Shell ’ s deep-water! Deep-Water host in the vito field shell of Mexico Offshore Inc. ( 36.89 % ) is expected to reach an peak... 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