Shell to boost deepwater offshore Brazil production

Shell Brazil map

Offshore staff

RIO DE JANEIRO – Shell has decided to move forward with two deepwater offshore Brazil production projects. Parque das Conchas and Bijupirá/Salema fields both will enter new development phases.

At Parque das Conchas (BC-10), Phase 3 will include installation of subsea infrastructure at Massa and Argonauta O-South fields. These will be tied-back to the Espírito Santo FPSO.

Phase 3 is expected to boost production to a peak of 28,000 boe/d. Phase 2 is on schedule to tie-in Argonauta O-North online late this year with a peak production of 35,000 boe/d. Ownership of BC-10 is 50% Shell, 35% Petrobras, and 15% ONGC.

A redevelopment at Bijupirá/Salema is under way and includes drilling four new production wells. Peak production is expected to reach 35,000 boe/d in 2014. Shell holds 80% and Petrobras holds 20%.

7/22/2013

Espirito Santos FPSO at Parque de Conches
Espirito Santos FPSO at Parque de Conches

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