Page 15 - LatAmOil Week 43 2021

LatAmOil NEWS IN BRIEF LatAmOil

Edouard Guinotte, CEO of Vallourec, says: “I am an average particle size of 4 to 100 microns. of Petroleum, Natural Gas and Biofuels (ANP).
pleased that we have been awarded this impor- The FourPhase DualFlow was chosen due to This contract has Petrobras as operator, with
tant line pipe contract with ExxonMobil, our the limited space on the platform deck. The tech- 100% stake, and encompasses other fields
long-standing partner and customer. Guyana, nology is the only dual cyclone desander on the besides the Catuá field, which will not be part of
like Brazil, is one of our sector’s flagship regions market with a 6.7 x 6.7-foot (2 x 2-metre) foot- the present assignment of rights process.
and, thanks to the decisions we have made and print. The smallest desander available, its mod- The concession area is located in the terri-
the competitiveness of our industrial routes, we ular design was strategically developed to create torial waters of the Espírito Santo State, about
are able to serve the region’s most important a flexible, stackable, and compact solution also 128 km off the coast, in water depths that vary
projects.” incorporating a choke manifold skid within this between 1,700 and 1,950 metres. There are four
Guinotte concluded: “I would like to thank footprint. wells drilled in the Field where light oils were
ExxonMobil for their trust and congratulate the This operation only required a four-person found in carbonate reservoirs.
entire Vallourec project team which has been (two + two) crew to operate and the DualFlow Petrobras, October 22 2021
able to present a tailor-made offer that incorpo- was controlled from a remote location on site
rates the best of our Research and Development to minimise the exposure of personnel. As the United Hunter Oil & Gas
and is thus ideally placed to provide optimum first automated solids management system with
support for all future projects, without ever los- remote operation capabilities available on the issues update on proposed
ing sight of excellence in execution.” market, the system has the capability to remove
Vallourec will serve its customer from its POB completely and be fully remote where the amalgamation with Bocana
Brazilian base, comprising two competitive rigs infrastructure allows. The system deliv-
high-performance factories located in Jeceaba ers solids-free production flow while reducing Resources
and Barreiro (Minas Gerais), benefiting from operational costs, reducing emissions from per-
large production capacities enabling it to supply sonnel logistics and eliminating risks related to United Hunter Oil & Gas Corp. (UHO) is
the important volumes required by EEPGL for human error. pleased to provide an update as to the status of
future projects in Guyana. Øyvind Heradstveit, CEO at FourPhase, the financials and geophysical work being done
Vallourec, October 26 2021 comments: “Removing nearly 350 kg of solids on the previously announced amalgamation
from a well is an achievement. Given it was the agreement with Bocana Resources Ltd.
FourPhase removes 348 first time a desander has been used in the region, Further to the news release announcing the
it makes it even more special. We look forward closing of the non-brokered offering on April 12,
kg of solids in first-ever to working with more clients in the region and 2021, Bocana has largely completed its required
pushing our technology to new and exciting audited statements for the purposes of the Trans-
desander project in Trinidad limits. We are fully committed to bringing our action. This includes the audits of both Bolivian
cleaner technology to the Americas. This was a entities (Huiracocha International Service, SRL
FourPhase, the solids and production perfor- big month for us as we retrofitted two desand- and Inversiones Bocana SA), along with Bocana
mance specialist for the oil and gas sector, has ers to cater specifically for the region, as well as and UHO, and the consolidated financials of the
announced the first ever successful desander appointed our Executive Vice President for the Resulting Issuer. Additionally, this week, Bocana
operation in the wider Trinidad region. The Americas, Caleb Roquemore. and UHO submitted the initial documents for
operation was successfully completed without FourPhase, October 25 2021 the purposes of the Transaction, together with
safety or operational incidents for one of the a draft joint information circular to the TSX
major oil and gas operators in the region. Venture Exchange for their initial review of the
During production, the well experienced a INVESTMENT proposed Transaction.
heavy accumulation of solids in the injection line
resulting in a well shut-in. A plug was set above Petrobras releases
the production packer by the operator. When the
gas lift valve was pulled from the lowest gas lift teaser for Catua field
station, debris from the A annulus entered the
tubing. A coiled tubing operation was selected as in Campos Basin
the best course of action to clean out the solids,
pull the plug, and gain access to the lower zone. Petrobras informs that it has started the oppor-
This was the first time a desander has been tunity disclosure stage (teaser), regarding the
used in Trinidad and the DualFlow 5K cyclonic sale of its entire stake (100%) in the Catuá field,
separation system was selected as the best tech- in the BC-60 block, located in the Campos Basin,
nology to undertake the job. The coiled tubing in the state of Espírito Santo.
cleanout operation was completed using seawa- The teaser, which includes key information
ter as the main cleanout fluid with gel pills used about the opportunity, as well as the eligibility
to assist lifting the solids. FourPhase deployed a criteria for the selection of potential participants,
suite of its own products including the DualFlow is available on the Petrobras Investor Relations
5K desander, flow meter manifold, dual choke website.The main subsequent stages of the pro-
manifold, Surface Safety Valve (SSV) and Four- ject will be reported to the market in due course.
Phase production specification pipework. In About the Catuá field: The Concession
total, 348 kgs solids were returned and accurately Contract No 48000.003560/97-49 refers to the
measured by the 560 sensors built into the sys- exploratory concession of the BC-60 Block
tem. A fluid sample taken from the well showed acquired in Round Zero of the National Agency

Week 43 28•October•2021 www. NEWSBASE .com P15