The startup of an early production system by Petroleo Brasileiro SA (Petrobras) from Buzios field in the Santos basin represents the first large-scale and longest-running production operations from Brazil’s Transfer of Rights area.
Transfer of Rights is a contract with the Brazilian federal government authorizing Petrobras to carry out oil and gas exploration and production of up to 5 billion boe in certain Santos presalt areas with related payments to the government.
Buzios lies 200 km offshore Rio de Janeiro in 1,600-2,100 m of water. Petrobras reported its commerciality in December 2013.
Buzios will be produced using the Dynamic Producer floating production, storage, and offloading vessel, which is interconnected to well 2-ANP-1-RJS. Average production will be limited to 15,000 b/d of oil due to issues limiting gas utilization.
The early production system will enable Petrobras to produce for a 6-month period and gather information to enhance the field’s first permanent production system using platform P-74, currently in the final phase of conversion at the Inhauma shipyard in Rio de Janeiro.