Petrobras-led group producing oil, gas from deepwater Lula South field

Petroleo Brasileiro SA (Petrobras) started deepwater production through the P-66 floating production, storage, and offloading vessel in Lula South field from the Brazilian presalt of the Santos basin in 2,150 m of water on May 17, said Royal Dutch Shell PLC subsidiary BG E&P Brazil.

The P-66 FPSO can process as much as 150,000 b/d of oil and 6 million cu m/day of natural gas. It’s the first in a series of Petrobras-operated vessels to begin production within the BM-S-11 block consortium. More FPSOs are planned within 3 years.

It is the first FPSO owned by the BM-S-11 consortium and seventh unit of Lula field. This system joins the eleven others already in operation in the Campos and Santos basins presalt.

Petrobras is the consortium operator with 65% interest. Shell has 25% interest. Petrogal Brasil holds 10% interest.

Shell said the P-66 vessel is its 10th deepwater FPSO in operation across Shell’s working interest in the presalt areas of Santos basin. Shell operates two additional FPSOs offshore Brazil.