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22-Jun-09 2:00 PM  CST  

Letton-Hall Awarded Deepwater Research Contract 

The Letton-Hall Group, a Houston-based consulting firm, has received a contract from the nonprofit Research Partnership to Secure Energy for America (RPSEA) to conduct a deepwater measurement research project.

“This project is significant because if successful, it will clear the way to more affordable, more realistic deepwater production,” said Jim Chitwood, a spokesman for RPSEA.

“The current situation in deepwater exploration is that often companies drill several deepwater wells and commingle production. Measuring the flow from each well and allocating the oil and gas production is a big issue at those depths,” Chitwood said.

Both the Department of Interior and Department of Energy have called for advances in technology to address issues in measuring and monitoring deepwater production and this project is expected to address those technology gaps.

Funding for the project comes from the federal government plus a coalition of oil and gas companies including BHP Billiton, BP, Chevron, ConocoPhillips, Shell, StatoilHydro and Total.

The Letton-Hall research team plans to also draw on the deepwater expertise of Houston-based Oceaneering International Inc., a global leader in remotely operated subsea vehicles.

RPSEA projects are authorized and funded by the Energy Policy Act of 2005 through lease bonuses and royalties paid by industry to produce oil and gas on federal lands.
 
To view the article on the Houston Business Journal's website, click here.

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For additional information on this RPSEA in the News article, please contact:

Monica Perin

Source: Houston Business Journal
http://houston.bizjournals.com/houston/stories/2009/04/27/daily22.html?surround=etf

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