company:conocophillips

Shell Starts Production at Kaikias at $30 Break-Even Price – gCaptain
▻http://gcaptain.com/shell-starts-production-at-kaikias-at-30-break-even-price

▻https://www.offshoreenergytoday.com/wp-content/uploads/2015/11/Shell-confirms-Kaikias.jpeg
carte de novembre 2015
source : ▻https://www.offshoreenergytoday.com/shell-confirms-gulf-of-mexico-discovery

Royal Dutch Shell has kicked off production at its deepwater Kaikias development in the U.S. Gulf of Mexico at a break-even price of less than $30 per barrel.

Shell Offshore, a subsidiary of Royal Dutch Shell, announced Thursday the early start of production at the first phase of Kaikias, which has an estimated peak production of 40,000 barrels of oil equivalent per day (boe/d), around one-year ahead of schedule.

Shell says it has reduced costs by around 30% at this deep-water project since taking the investment decision in early 2017, lowering the forward-looking, break-even price to less than $30 per barrel of oil.
[…]
Kaikias is located in the prolific Mars-Ursa basin around 130 miles (210 kilometres) from the Louisiana coast and is owned by Shell (80% working interest), as operator, and MOEX North America LLC (20% working interest), a wholly owned subsidiary of Mitsui Oil Exploration Co., Ltd.

The Kaikias development, located in around 4,500 feet (1,372 metres) of water, sends production from its four wells to the Shell-operated (45%) Ursa hub, which is co-owned by BP (23%), Exxon Mobil (16%), and ConocoPhillips (16%). From the Ursa hub, volumes ultimately flow into the Mars oil pipeline.

In the first quarter of 2018, Shell deep water produced around 731,000 boe/d, globally.

Top Climate Scientist: Humans Will Go Extinct if We Don’t Fix Climate Change by 2023
▻https://gritpost.com/humans-extinct-climate-change

https://gritpost.com/wp-content/uploads/2018/02/Screen-Shot-2018-02-19-at-6.06.22-PM.png

In a recent speech at the University of Chicago, James Anderson — a professor of atmospheric chemistry at Harvard University — warned that climate change is drastically pushing Earth back to the Eocene Epoch from 33 million BCE, when there was no ice on either pole. Anderson says current #pollution levels have already catastrophically depleted atmospheric #ozone levels, which absorb 98 percent of #ultraviolet rays, to levels not seen in 12 million years.

Anderson’s assessment of humanity’s timeline for action is likely accurate, given that his diagnosis and discovery of Antarctica’s ozone holes led to the Montreal Protocol of 1987. Anderson’s research was recognized by the United Nations in September of 1997. He subsequently received the United Nations Vienna Convention Award for Protection of the Ozone Layer in 2005, and has been recognized by numerous universities and academic bodies for his research.

#climat #extinction

#Climat : #New_York assigne en justice cinq géants pétroliers
▻https://www.romandie.com/news/Climat-New-York-assigne-en-justice-cinq-geants-petroliers/879503.rom

Climat : New York assigne en justice cinq géants pétroliers

New York - La ville de New York a assigné en justice cinq groupes pétroliers géants pour leur rôle présumé dans le changement climatique, et annoncé son intention de se débarrasser de quelque 5 milliards d’investissements dans des sociétés actives dans les #énergies_fossiles.

Le maire démocrate, Bill de Blasio, a annoncé mercredi que la première ville américaine avait saisi la justice fédérale contre cinq géants pétroliers - BP, Chevron, ConocoPhillips, ExxonMobil et Shell - pour leur responsabilité supposée dans le changement climatique.

[...]

Les dommages éventuellement alloués par la justice contribueraient au financement des mesures prises par la ville pour lutter contre les conséquences du changement climatique, a annoncé la municipalité, qui a déjà lancé un programme d’investissement de 20 milliards de dollars.

« ExxonMobil accueille favorablement toute tentative de répondre au changement climatique », a réagi ExxonMobil à l’AFP. « Ce type d’action en justice, (...) contre une industrie qui propose des produits sur lesquels nous nous reposons tous pour faire fonctionner l’économie et vivre au quotidien, n’en est pas une. »

Chevron a dénoncé une action « sans fondement factuel ou juridique », qui « ne fera rien pour répondre à la grave question du changement climatique », tandis que Shell soulignait que le réchauffement devait être traité « par des politiques gouvernementales raisonnables et le changement culturel », « pas par les tribunaux ».

Naomi Klein : “Why are so many news orgs, including @nytimes, not splashing this story on their front pages? NYC declared war on the richest industry on earth today, in the financial capital of the world. That’s a tad more significant than Bannon’s crashing career!” ▻https://t.co/tJFwd60jYD

L’ambassadeur séoudien aux États-Unis, Abdullah bin Faisal bin Turki, interrogé sur l’utilisation d’armes à sous-munitions au Yémen :
▻https://www.youtube.com/watch?v=Ql8RXwCPTfI

- Sir, let me ask you: will you continue using cluster weapons in Yemen?
– This is like the question: will you stop beating your wife? Ah ah…

Mothballing the World’s Fanciest Oil Rigs Is a Massive Gamble - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-09-19/at-500-million-a-pop-it-s-an-oil-gamble-that-has-no-precedent

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iutLF66y3Mrw/v2/1200x-1.jpg

In a far corner of the Caribbean Sea, one of those idyllic spots touched most days by little more than a fisherman chasing blue marlin, billions of dollars worth of the world’s finest oil equipment bobs quietly in the water.

They are high-tech, deepwater drillships — big, hulking things with giant rigs that tower high above the deck. They’re packed tight in a cluster, nine of them in all. The engines are off. The 20-ton anchors are down. The crews are gone. For months now, they’ve been parked here, 12 miles off the coast of Trinidad & Tobago, waiting for the global oil market to recover.

The ships are owned by a company called Transocean Ltd., the biggest offshore-rig operator in the world. And while the decision to idle a chunk of its fleet would seem logical enough given the collapse in oil drilling activity, Transocean is in truth taking an enormous, and unprecedented, risk. No one, it turns out, had ever shut off these ships before. In the two decades since the newest models hit the market, there never had really been a need to. And no one can tell you, with any certainty or precision, what will happen when they flip the switch back on.
[…]
Nearly half of the world’s available floating rigs are out of work today, and most observers expect that number will climb further. Not only are the drillship operators’ customers — the likes of ConocoPhillips and Total SA — slashing spending in high-cost offshore areas and canceling work contracts early, but new rigs that were ordered in recent years keep rolling out of shipyards. Bloomberg Intelligence estimates as much as $56 billion worth of offshore rigs, capable of drilling in everything from shallow water to oceans more than two miles deep, are still under construction.

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i7YILzjErogE/v2/-1x-1.png

#sous_cocon

Big Oil Abandons $2.5 Billion in U.S. Arctic Drilling Rights - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-05-10/big-oil-abandons-2-5-billion-in-u-s-arctic-drilling-rights

Drillers forfeit millions of acres amid slump in oil prices
Royal Dutch Shell still holding on to one lease in Chukchi Sea

After plunking down more than $2.5 billion for drilling rights in U.S. Arctic waters, Royal Dutch Shell Plc, ConocoPhillips and other companies have quietly relinquished claims they once hoped would net the next big oil discovery.

The pullout comes as crude oil prices have plummeted to less than half their June 2014 levels, forcing oil companies to cut spending. For Shell and ConocoPhillips, the decision to abandon Arctic acreage was formalized just before a May 1 due date to pay the U.S. government millions of dollars in rent to keep holdings in the Chukchi Sea north of Alaska.

The U.S. Arctic is estimated to hold 27 billion barrels of oil and 132 trillion cubic feet of natural gas, but energy companies have struggled to tap resources buried below icy waters at the top of the globe.

Shell last year ended a nearly $8 billion, mishap-marred quest for Arctic crude after disappointing results from a test well in the Chukchi Sea. Shell decided the risk is not worth it for now, and other companies have likely come to the same conclusion, said Peter Kiernan, the lead energy analyst at The Economist Intelligence Unit.
“Arctic exploration has been put back several years, given the low oil price environment, the significant cost involved in exploration and the environmental risks that it entails,” he said.

All told, companies have relinquished 2.2 million acres of drilling rights in the Chukchi Sea — nearly 80 percent of the leases they bought from the U.S. government in a 2008 auction. Oil companies spent more than $2.6 billion snapping up 2.8 million acres in the Chukchi Sea during that sale, on top of previous purchases in the Beaufort Sea.

Shell relinquished 274 Chukchi leases and others in the neighboring Beaufort Sea. In doing so, the company forfeits what it paid the U.S government for the rights to drill in those tracts — and the millions of dollars it spent on annual rent since then.

“These actions are consistent with our earlier decision not to explore offshore Alaska for the foreseeable future,” Shell spokesman Curtis Smith said by e-mail. The decision also reflects the high costs of operating off Alaska’s northern coast and evolving regulatory standards, Smith said.

#Arctique #Mer_des_Tchouktches #Mer_de_Beaufort

Fort McMurray parti en fumée
▻https://lundi.am/Fort-McMurray-parti-en-fumee

« De toutes choses il y a échange contre le feu, et du feu contre toutes choses, commes des marchandises contre de l’or, et de l’or contre des marchandises. » Héraclite

Shell va cesser ses #forages en #Alaska
▻http://www.lemonde.fr/energies/article/2015/09/28/shell-va-cesser-ses-forages-en-alaska_4774720_1653054.html

La compagnie Royal Dutch Shell a annoncé, lundi 28 septembre, qu’elle allait arrêter ses explorations à la recherche de pétrole et de gaz en Alaska après une première série de forages jugée décevante.

Le président américain Barack Obama avait provoqué la colère des écologistes en autorisant en mai Shell à forer sous la mer des Tchouktches dans l’Arctique. Mais après moins de deux mois de forage, Shell a estimé que le résultat de l’exploration était « clairement décevant », le poussant à abandonner des recherches plus poussées.
[…]
Les ressources de la partie américaine des mers de Tchouktches et de Beaufort sont considérables, selon une estimation du département de l’intérieur : 22 milliards de barils de brut techniquement récupérables et 2,6 milliards de m3 de gaz.

Shell a englouti 7 milliards de dollars dans ces opérations sans avoir extrait le premier baril d’or noir. D’autres compagnies y ont des permis, comme l’américaine ConocoPhillips et la norvégienne Statoil, mais elles ne les utilisent pas encore.

ConocoPhillips wins first regulatory approval of fracking in the North - The Globe and Mail

▻http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/canadian-regulator-grants-conocophillips-permission-to-frack-in-nwt/article15171502

A Canadian energy regulator has given a major oil and gas company permission to produce oil using a controversial technique in the Northwest Territories.

The National Energy Board gave ConocoPhillips Co. the right to drill two wells and then use horizontal fracturing, known as fracking, methods to extract oil out of shale rocks. This is the first time the NEB has authorized a company to frack in the North.

#arctique #canada #énergie

BP gets go-ahead for £4.5bn North Sea oil field | Business | guardian.co.uk
►http://www.guardian.co.uk/business/2011/oct/13/bp-north-sea-oil-field-shetland-islands

The second phase of the giant Clair field, west of the Shetland Islands, forms part of £10bn being spent on four projects by BP and its partners from Shell, ConocoPhillips and Chevron over the next five years.

At £4bn, BP’s involvement represents the highest level of annual investment the company has made in the UK North Sea.

#pétrole

Factbox: U.S. oil companies’ interests in Libya | Reuters
►http://www.reuters.com/article/2011/02/24/us-libya-usa-oilcompanies-idUSTRE71L5VI20110224

intérêts pétroliers #US en #Libye #pétrole

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