CNOOC, which expects the majority of its production to come from China, plans to acquire nearly 27,000km² 3D seismic data in 2020 CNOOC plans commission ten new projects in 2020. (Credit: CNOOC plans commission ten new projects in 2020. (Credit: Pixabay/gloriaurban4) China’s offshore oil and gas firm CNOOC has announced plans to investment CNY85bn ($12.2bn) to CNY95bn ($13.7bn), targeting a net production capacity of 520-530 million barrels of oil equivalent (Mboe) in 2020.The state-owned firm expects nearly 64% of the production to come from China and the remaining 36% from its overseas assets.CNOOC’s net production for 2021 and 2022 are estimated to be around 555 million boe and 590 million boe, respectively.Of the total capital expenditure, the investment on exploration, development, production and others will account for approximately 20%, 58%, 20% and 2% respectively, the firm noted.CNOOC CEO and president Xu Keqiang said: “In 2020, the Company will steadily increase its oil and gas reserves and production, pursue profitable reserves and production, lay a solid foundation for high-quality development through technology innovations and management enhancement, and create excellent returns for our shareholders.”CNOOC plans to drill 227 exploration wells in 2020In addition to drilling 227 exploration wells, the company is planning to acquire nearly 27,000km² 3D seismic data in this year.Additionally, the firm is planning to commission ten new projects including the Penglai 19-3 oil field block 4 adjustment/Penglai19-9 oil field phase II, Qinhuangdao 33-1 South oil field phase I, Bozhong 19-6 gas field pilot area development project, and Luda 16-3/21-2 joint development project.Other projects include Nanbao 35-2 oil filed S1 area, Jinzhou 25-1 oil field 6/11 area, Liuhua 29-1 gas field development project and Liuhua 16-2 oil field/20-2 oil field joint development project in offshore China, Liza oil field phase 1 in Guyana and Buzzard oil field phase II in the UK.Among these projects, the Liza oil field phase 1 in Guyana has already been commissioned ahead of schedule.CNOOC CFO Xie Weizhi said: “The Company will continue to maintain cost competitiveness, maintain prudent investment decision-making, and ensure the effective implementation of the capital expenditure plan to fully promote the Company to a new phase of high-quality development.”Last year, CNOOC targeted a net production of 480-490 million boe with nearly 63% of the production to come from China and the remaining 37% from its overseas assets.
The Student Union Board (SUB) announced Tuesday night that Friday’s fall concert will feature Quinn XCII as the main act, with Odessa as the opener. The event will be the first SUB concert since Hoodie Allen and Sammy Adams performed on campus in November of 2016.Junior and lead programmer of concerts Bethany Boggess said the concert will be free for students this semester since it will take place in Legends.“We were unable to use Stepan this semester because athletics is using it, so Legends was the perfect alternative,” she said in an email. “Since Legends is a smaller venue, it allows us to offer free admission for students, which isn’t something SUB is usually able to do.”Legends will be an appropriate venue for Quinn XCII, Boggess said, because the nightclub has often hosted similar artists.“Legends often has up-and-coming artists — they had artists like Twenty One Pilots, Echosmith and Sam Hunt before they blew up — and we think Quinn XCII will fit that bill,” she said.Boggess said she hopes students who are unfamiliar with Quinn XCII and Odessa will take the chance to discover new artists.“Though not everyone will know Quinn XCII and/or Odessa’s music, we hope students will know that we chose them for a reason and will give them a listen and decide to come to the show,” Boggess said. “Quinn XCII is currently featured on Spotify’s Pop Rising playlist; we think he’ll only get bigger from here.”The process of choosing an artist for the SUB concert was a student-led effort, with Boggess and the concerts committee reaching out to agents and making offers, Madison McFarland, SUB co-director of programming, said.“With this one, because we went through Legends, they actually have contacts for us, so we go straight through them and they connect us with agents,” McFarland said. “And then Bethany and the whole concerts committee worked to just start contacting agents, and we just go from there — see what our price range fits with and the artists that will work for that, and then we get our top five, and we narrow it down from there. We start sending out offers and then contracts following that. It’s a long process — a lot of times things fall through, so we work really hard to try to do it really far ahead of time, and luckily, it worked out this semester.”During the spring 2017 semester, SUB decided to forego a concert because the concerts committee decided none of the artists available were worth the amount of money they were asking for, instead deciding to invest its budget elsewhere. Boggess said she was happy this year’s concerts committee was able to bring the event back with an artist about which the committee is excited.“We’re really fortunate to have the ability to be flexible in SUB and to try new ideas that we think the student body will like,” she said. “That said, we are excited to bring a concert back — and one we think the student body will really enjoy. We’ve also already started the process of planning next semester’s concert. For us, it’s all about starting early and responding to potential setbacks as opportunities to take a different direction.”McFarland said she is excited to be able to share the results of the committee’s hard work with the rest of the student body.“It’s a big deal when we can finally sign someone,” she said. “I don’t think a lot of students understand that we go through a very long process to get to this point, so there is a lot of effort that’s put into it.”Tags: Legends, Odessa, Quinn XCII, SUB, SUB concert
It’s no secret that Todd Gurley’s knee has been a bother since his college days.Speaking recently to CBS Sports’ Dave Richard, Gurley’s personal trainer, Travelle Gaines, confirmed the Rams running back has been dealing with arthritic issues in his knee. Rams coach Sean McVay had downplayed the injury and characterized it earlier this offseason as “wear and tear.””Everybody knew when Todd came out of Georgia that there would be some kind of arthritic component to his knee, which is part of every surgery whether it’s a shoulder, a knee, an ankle,” Gaines said. “He’s now at the year-five mark, all we’re doing is managing that. If we can pound him less in the offseason while keeping his weight down, working on his strength, working on his agility in short areas, that’s going to give him a better chance to be healthy Weeks 14 through 17 when they really count.” Related News Gaines, who noted that the Rams drafted Darrell Henderson, said that he hasn’t been told of a plan to decrease Gurley’s workload and expects him to be a full go when the regular season opens in September.”It’s never been told to me that there’s a plan to decrease his workload come Week 1,” Gaines said. “At the end of the day, you need solid running backs, and they grabbed a home-run running back in the third round. … If you watched the games last year, Todd typically sat out two to three series last year. I don’t see anything changing with that, so you need a back who can catch, and I believe Darrell averaged around 9.0 yards per carry, a home-run type guy.”Both Gurley and McVay insisted the rusher was healthy for the postseason despite missing the Rams’ final two regular-season games with knee inflammation. However, Gurley didn’t have many touches in the NFC championship game and played a limited role in the Super Bowl, which caused many to speculate whether he had fully recovered from his injury. Josh McCown retires after 16 NFL seasons, joins ESPN as analyst O.J. Simpson joins Twitter, tweets he’s ‘got a little getting even to do’ Gurley has also shed a few pounds on his specialized offseason plan, though Gaines believes playing at a smaller size will help him long-term.”It was a collective decision for him to play a little lighter this year, not because of injuries, just because I just feel he’s one of the faster players in the league,” Gaines said. “He doesn’t have to play at 224 — 218 is only six pounds less, so I wanted to decrease his body fat a little bit and get him to the point where he’s a tad smaller so he can be a tad faster and a little bit bigger from a lean muscle mass standpoint. He’s going from basically 10 percent body fat to 7 percent body fat.”Gurley, 24, finished with 1,251 rushing yards and 17 touchdowns last season after becoming the highest-paid running back in the NFL in April 2018. Whether Johnny Manziel plays in XFL ‘remains to be seen,’ Oliver Luck says