Chevron starts oil production from Frade field off Brazil

Guntis Moritis
OGJ Production Editor

HOUSTON, June 23 -- Chevron Brasil Upstream Frade Ltda. has started oil production from Frade field, Chevron’s first operated deepwater development off Brazil.

Chevron plans to continue development drilling in the $3-billion project and expects the field to reach a peak production of 90,000 b/d of oil and natural gas liquids in 2011.
The field, discovered in 1986, lies in 3,700 ft of water in the Campos basin about 230 miles northeast of Rio Janeiro.

The company estimates that the field contains 200-300 million bbl of recoverable oil. The field produces 18° gravity oil from shallow reservoirs requiring long horizontal wells.

Production is through subsea-completed wells individually tied back to an internal turret-moored floating production, storage, and offloading vessel with a 1.5 million bbl oil storage capacity.

Chevron will export the oil to world markets and pipe the natural gas to the domestic market in Brazil.

Operator Chevron has a 51.74% interest in Frade. Partners in the field are Petroleo Brasileiro SA 30%, and Frade Japao Petroleo Ltda., a joint venture of Inpex Corp., Sojitz Corp., and Japan Oil, Gas & Metals Corp. 18.26%.

Contact Guntis Moritis at guntism@ogjonline.com.

Related Articles

Chevron to increase production, maintain capex level through 2017

03/24/2014 Chevron Corp. will increase production by 20% through 2017 without raising capital expenditures, executives said Mar. 11 at the company's annual se...

Chevron to increase production, maintain capex level through 2017

03/13/2014 Chevron Corp. will increase production by 20% through 2017 without raising capital expenditures, executives said Mar. 11 at the company's annual se...

IHS CERAWeek: Oil executives cite rising business costs

03/04/2014 Demand for all types of energy continues to increase as oil and gas companies adapt to handle the ever-rising costs of finding and producing hydroc...

Chevron gets approval for Alder field, reaches FID

01/20/2014 Chevron Corp. UK subsidiary Chevron North Sea Ltd. has reached a final investment decision (FID) and received approval from the UK government to pr...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected