Partners submit Peregrino Phase 2 plan of development

Offshore staff

STAVANGER, Norway – Statoil and partner Sinochem have submitted the plan of development for the Peregrino Phase 2 project offshore Brazil to the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

The $3.5-billion project entails a new wellhead platform and drilling rig (Platform C) and adds about 250 MMboe to the Peregrino field in the Campos basin.

The current solution consists of a wellhead platform with a drilling unit (WHP-C) tied-back to the existing FPSO Peregrino. The facilities contain standalone power generation and will export power to WHP-A.

Phase 2 will enhance production from the Peregrino field by increasing the number of production wells from a new area (Peregrino Southwest), which is not reachable by platforms A and B.

A total of 21 wells – 15 oil producers and 6 water injectors – are planned to be drilled. All the production and injection wells are planned to be drilled from one new drilling center, WHP-C installed in 120 m (394 ft) water depth.

Production is expected to start toward the end of the decade.

02/27/2015

Peregrino Phase 2 plan of development

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