Shell proceeds with Phase 2 of Parque das Conchas project

By OGJ editors
HOUSTON, Oct. 15
-- Royal Dutch Shell PLC plans to proceed with Phase 2 of its Campos basin Parque das Conchas project, 62 miles off Brazil.

Phase 2 will develop a fourth field in Block BC-10, Argonauta O-North (OGJ, May 5, 2008, p. 54).

Shell said the full project will recover about 300 million boe at rates of about 100,000 boe/d.

Production from the first phase of Parque das Conchas started in 2009 from nine wells in three fields—Abalone, Ostra, and Argonauta B-West. Phase 2 includes seven additional development wells, which will have TDs of about 3,600 ft below the seabed.

Parque das Conchas was the first full-field development to separate and pump oil and gas from the seabed. The project has 1,500-hp electric pumps for lifting the 16-42° gravity oil from the wellheads to the Espirito Santo floating, production, storage, and offloading vessel, moored in 1,780-m of water.

The facilities on the FPSO can process about 100,000 bo/d and 50 MMcfd of gas.

Shell notes that to obtain better production rates, the fields are developed with extended reach, horizontal wells.

Operator Shell holds 50% interest in the development. Partners are Petroleo Brasileiro SA (Petrobras) 35% and ONGC Videsh Ltd. 15%.

Related Articles

India’s ONGC to invest in Daman development in Arabian Sea

08/29/2014 India’s Oil & Natural Gas Corp. will invest $864.5 million to enhance natural gas and condensate production from its Tapti Daman block in the A...

Nexen boosts CNOOC’s first-half production

08/29/2014 Nexen Energy ULC contributed 36.3 million boe during this year’s first half to CNOOC Ltd.’s total net oil and gas production of 211.6 million boe, ...

Fitch: Drilling downturn might prompt some consolidation

08/28/2014 A cyclical downturn in offshore drilling might provide an opportunity for driller contractors having financial flexibility to buy their peers at fa...

Verma named managing director at India’s ONGC Videsh

08/27/2014 India’s ONGC Videsh Ltd. has named Narendra Verma its managing director. Verma’s previous positions include director of exploration of Maharatna ON...

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