Petrobras hits production record in Santos, Campos basins

Petroleo Brasileiro SA (Petrobras) recently reached an oil production record of 428,000 b/d in company-operated fields in the Santos and Campos basins.

The company said the new mark was a result of the increased output that came with the Mar. 17 launch of operations from the P-58 platform in the Parque das Baleias area of northern Campos.

The platform has been producing 50,000 b/d through three presalt wells. Petrobras holds 100% of the rights in the area.

Twenty-four production wells have been drilled overall, of which 15 are in the Campos and nine in the Santos. Production from Campos and Santos has reached 222,000 b/d and 206,000 b/d, respectively.

Fifteen more production wells are expected to start up by yearend, of which 11 will be in the Santos and 4 in the Campos.

Of the 15 wells, two are connected to the Cidade de Sao Paulo floating production, storage, and offloading vessel, five to the Cidade de Paraty FPSO, one to the P-48 platform, and three to the P-58 platform. The remaining four wells will be split between the the Cidade de Ilhabela FPSO and the Cidade de Mangaratiba FPSO, both of which are slated to be installed and start producing in this year’s second half.

Petrobras last year reported plans to increase net production from its offshore presalt formation in the Campos and Santos to more than 2 million b/d of oil by 2020 (OGJ Online, May 7, 2013).

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