Petrobras seeks to improve Campos basin efficiency

Offshore staff

RIO DE JANEIRO – Petrobras Campos Basin Operating Unit plans to improve its operating efficiency to 90% by 2016, according to its 2012-2016 business plans. It was 71% at the end of 2011.

The resources foreseen include investments and funding, including $500 million as part of the expenditures already provided for under the plan.

Executive manager Erardo Gomes Barbosa Filho said, “The resources are intended to recover efficiency, both of the production platforms, and of the subsea systems and wells.”

Petrobras has operations managed by three Operating Units in the Campos basin. In addition to the UO-BC, UO-Rio and UO-Espírito Santo also have activities in the region.

The area covered by UO- BC has 31 platforms in operation in the area covered by the program, and accounts for about a quarter of the company’s production, about 450,000 bbl, in mature Campos basin fields, said general manager Joelson Falcão.

8/03/2012

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