Integrating Technology to Deliver Safe Operations? ? At Promethean Energy we are very excited to be piloting Detect Technologies’ latest AI product in the GOM. This is the very first of its kind offshore – the application of visual intelligence and machine learning to identify and analyze unsafe conditions round the clock. As we proceed with the abandonment of Orphan Wells on behalf of BSEE, we are confident that this will enhance our ability to identify and address risks to safety and environmental performance on a 24/7 basis. Having tools that can facilitate and improve our ability to manage such risks from orphan infrastructure is critical. Integrating leading edge technology into our decommissioning programs is a differentiating aspect of Promethean’s strategy and operating model. As we remove hazards to safety and the environment by decommissioning orphaned infrastructure, we look forward to assessing progress with this pilot as we complete our program at Matagorda Island and move on to subsequent blocks. #GOM #decommissioning #oilandgas #energytransition
Promethean Energy
石油天然气
Houston,Texas 687 位关注者
Meeting the world's energy needs in the era of energy transition
关于我们
Promethean is an oil & gas operator with an integrated approach to the development, production, and ultimate decommissioning of mature assets OUR VISION Our vision is to help meet growing energy demand and enable an Orderly Energy Transition by producing readily available, secure, low-cost and low-carbon oil & gas, produced to high ESG standards with minimal environmental footprint. OUR MISSION We develop, produce and decommission mid- to late-life oil & gas assets in a cost-effective and environmentally sustainable manner, thereby helping the world and the oil industry transition to a low-carbon era. WHAT WE DELIVER Low cost of supply, low GHG emissions/ intensity, and a small environmental footprint while extending the life of the assets. HOW WE DO IT Via an integrated application of technologies, risk management, data and best practices. OUR THESIS Promethean’s thesis is primarily driven by the market opportunity created by the exit of U.S. independents from the Gulf of Mexico, which is recognized as a cost- and carbon-advantaged oil & gas basin. Significant development upside can be captured with the application of capital, technology and best practices to a deep inventory of underdeveloped, low-risk mid- to late-life assets. This creates the opportunity to build a pioneering, disruptive, transition-era, material Development & Production company, uniquely positioned to aggregate assets in the GoM. OUR STRATEGY SELECT: Producing assets in the GoM with infrastructure and development upside OPTIMIZE: Deliver integration of data, technologies and best practices ENHANCE: Execute staged development model with minimal capex EXTEND: Capture value via near-term optimization and enhancement of discovered resources
- 网站
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https://promethean-energy.com
Promethean Energy的外部链接
- 所属行业
- 石油天然气
- 规模
- 11-50 人
- 总部
- Houston,Texas
- 类型
- 私人持股
- 创立
- 2017
- 领域
- Oil & Gas, Development & Production, Gulf of Mexico, Asset Selection, Technology Selection & Integration, Commercial Structuring, Project Execution, Operations, Subsea Tie-Backs, Seafloor Boosting
地点
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主要
2200 Post Oak Blvd
Suite 1000
US,Texas,Houston,77056
Promethean Energy员工
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Panos Cavoulacos
Global Oil & Gas Executive and Non-Executive Director
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Stephen Shatto
CFO @ Promethean Energy | Corporate Finance, M&A
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Steve Louis
SVP @ Promethean Energy | Program Director, Professional Engineer
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Ernest Hui
Promethean CSO Late-Life & Decommissioning Retired Shell Decommissioning Center Program Manager
动态
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Promethean is proud to have executed make safe activities and repairs for orphan facilities in the Matagorda Island area on behalf of BSEE. The typically dilapidated condition of such infrastructure made these activities especially challenging. Our operator mindset - best-in-class safety, environmental and operational performance - is aimed at managing and not transfering risk. And this together with our innovative approach was key. We undertook a drone-based laser scan which enabled us to digitize the structures in order to develop safe boarding plans and make safe procedures. #decommissioning #GOM
We’re excited to share that necessary repairs are complete in preparation for the Matagorda Island orphan decommissioning project occurring in the Gulf of Mexico region. Workers can now safely access the facilities for the crucial well plugging work that is currently in progress. Navigational lights in the area were also replaced, enhancing safety for mariners and reducing risks offshore. Work in the Matagorda Island area further demonstrates BSEE's continued commitment to enhancing safety and promoting environmental sustainability offshore. Partial funding for the project was provided by the Biden-Harris Administration’s Bipartisan Infrastructure Law. https://ow.ly/wbjJ50Thmj8
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Best Practice - Campaigning Opportunities in Decommissioning For offshore decommissioning, campaigning is where two or more parties agree to work together to achieve defined and shared objectives in the execution of their separate decommissioning requirements. Collaborative contracting is a key component of campaigning and provides an opportunity to identify and solidify alignment between participating companies and to unlock the benefits that can accrue from campaigning. The benefits from campaigning synergies can include not just cost savings but also safety, efficiency, schedule and cash flow management. At Promethean we see campaigning as a best practice and differentiating element of our operating model and strategy to be implemented where feasible. Campaigning also aligns with our approach to transparency, trust, innovation and integration of people and data. ? Promethean has implemented campaigning in its decommissioning work in the Matagorda Island area and will be adopting a similar approach in its upcoming program in West Delta, High Island and the Mississippi Canyon. #decommissioning #GOM #gulfofmexico #energy #oilandgas #energytransition
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Promethean is focused on being the best, last steward of offshore oil and gas production assets.?We are therefore excited to be partnering with UH Energy, University of Houston ROICE program to advance clean energy repurposing of facilities in the Gulf of Mexico. https://lnkd.in/gVH6YU6q #energy #decommissioning #repurposing #energytransition #GulfofMexico
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We are delighted that?the Department of Interior’s Bureau of Safety and Environmental Enforcement?(BSEE)?Director Kevin Sligh and other senior officials have been surveying?progress on our Orphaned Well Decommissioning Project.? ? We are proud to be able to demonstrate some of our differentiated approaches with the application of innovative technology and best practices. We are honored to be part of this important project to address orphan infrastructure, reducing environmental risks and enhancing safety. https://lnkd.in/gQcSJNFf #decommissioning #GOM #gulfofmexico #energy #oilandgas #energytransition
Interior Department Officials Tour Progress of Bipartisan Infrastructure Law-Funded Orphaned Well Decommissioning Projects in the Gulf
bsee.gov
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Pleased to have been able to demonstrate some of our differentiated approach with the application of innovative technology and best practices as we kick off this project.
Promethean Energy has started work on the temporary abandonment of nine orphan wells in the Matagorda Island lease area in the Gulf of Mexico on behalf of the U.S. Federal government. #oilandgas #offshore #decommissioning
Promethean Energy Kicks Off Decommissioning Works of Orphan Wells in Gulf of Mexico
oedigital.com
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The oil and gas industry confronts some familiar if evolving challenges as it looks to the future – reliably and cost-effectively meeting demand while addressing expectations relating to the energy transition and sustainability more broadly. One issue that has typically attracted less attention historically is that of mature oil fields and their ultimate decommissioning. Optimizing remaining production from often neglected mid to late-life fields can help meet ongoing demand without new exploration while helping offset the burgeoning costs and obligations of decommissioning oil and gas infrastructure. Applying best practices, technology and management focus to these challenges can help provide better outcomes for the industry, governments, and society as a whole. An orderly energy transition over the coming decades requires ongoing demand to be met and redundant infrastructure to be decommissioned in responsible and cost-effective ways. This task is core to?Promethean Energy’s strategy which is focused on mature assets, and also feeds the agenda of the Decommissioning & Abandonment GOM Conference next week in Houston. This will be chaired by Promethean’s?Steve Louis?and?Jim Christie, while?Clint Boman, CSP?will talk about applying best practices to deliver technology-driven safe and responsible decommissioning. #decommissioning?#collaboration?#houston?#OffshoreNetworkLtd. ? Event website: https://lnkd.in/gt2K69DB
D&A GOM 2024 - Gulf of Mexico's Leading Decommissioning and Abandonment Event
https://events.offsnet.com/DA-GOM-2024
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We are delighted to be partnering with D&A GOM 2024 next month (April 9th?& 10th) In Houston. Our very own Steve Louis and Jim Christie will be chairing the proceedings. We are looking forward to seeing you there, and for some great discussions and learnings from decommissioning challenges and solutions from the Gulf of Mexico and beyond. If you haven’t yet registered and want to hear more about the event reach out to Joseph Watson at?[email protected]