Posts Tagged ‘horizontal well’

BP Oman Full Field Development phase-1 at bid stage

Block 61 among world largest tight gas development In January 2013, BP received the technical and commercial offers from the engineering companies bidding on the key packages of its Block 61 tight gas full field development phase-1 project in the Sultanate of Oman. Last September, BP had announced to scale up its […]

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BP scales up to $24 billion tight gas Oman Full Field Development

BP to develop Khazzan and Makarem in phase 1 BP revised significantly upward its capital expenditure in Oman Full Field Development project from $15 billion to $24 billion. Discovered in the 1990s, the huge reserves of natural gas in Center Oman have been left undeveloped because of the complexity and […]

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Oil sands

Definition Oil sands are bitumen deposits  which naturally occurred from the mixture of thick, heavy oil, water and sand. Since the heavy oil is classified as bitumen, Oil sands are scientifically named as Bituminous sands. Oil sands may also be called Tar sands where Tar refers to the residue produced from organic […]

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SAGD

Definition SAGD is the acronym of Steam Assisted Gravity Drainage. The Steam Assisted Gravity Drainage is a process to produce oil from tar-sands. Comments The SAGD process has been developed in Ontario, then in Alberta by Imperial Oil (ExxonMobil) in the years 1970s. Canada holds the most important reserves of extra […]

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BP awards first contracts for Oman Khazzan & Makarem

BP to invest $15 billion to develop Oman tight gas BP’s Khazzan tight gas project in Block 61 is one of the company’s top five upstream projects globally. BP’s Khazzan project is also the first and largest of its kind in the Middle East. In January 2007 BP signed a major exploration […]

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