New, deepwater production has started from the Lula Extreme South in Brazil’s Santos basin from Petroleo Brasileiro SA’s (Petrobras) P-69 floating production, storage, and offloading vessel, said Shell Brasil Petroleo Ltda.
The P-69 FPSO is a standardized vessel able to process up to 150,000 b/d of oil and 6 million cu m/day of natural gas. It will ramp up production through eight producing and seven injection wells.
Petrobras is the Lula consortium operator with 65% interest. Shell has 25% interest. Petrogal Brasil holds 10% interest.
