Petróleo Brasileiro SA (Petrobras), operator of BM-SEAL-4 and BM-SEAL-11 concessions, and sole owner of BM-SEAL-4A and BM-SEAL-10 concessions, submitted declarations of commerciality of the areas to the National Agency of Petroleum, Natural Gas and Biofuels (ANP).
In the declarations, Petrobras suggested field names Budião, Budião Noroeste, Budião Sudeste, Palombeta, Cavala, Agulhinha, and Agulhinha Oeste. The company intends to develop production from the fields in two modules—Sergipe Deepwater (SEAP) I and II, which foresee the installation of two FPSO-type platforms.
The first platform, planned to serve the SEAP I module, will be the P-81, scheduled to start production in 2026, with capacity to produce 120,000 bbl of oil/condensate and flow 8 million cu m/d of gas. The second platform, planned to serve the SEAP II module, is in the contracting planning phase and is scheduled to start production after the company’s 2022-2026 strategic plan horizon.
The SEAP I and II modules include the implementation of a new gas flow system connecting the two production modules to the Sergipan coast, with a capacity of 18 million cu m/d.
Petrobras is operator of BM-SEAL-4A and BM-SEAL-10 concessions with 100% interest, in BM-SEAL-11 concession with 60%, in partnership with IBV Brasil Petróleo Ltda. (40%), and in BMSEAL-4 concession with 75%, in partnership with ONGC Campos Ltda. (25%).