Petrobras announces another pre-salt oil production record

Source:Petrobras

Petróleo Brasileiro S.A (Petrobras) has announced that on April 11, 2015, oil production in the fields it operates in the pre-salt province of the Santos and Campos basins reached the milestone of 800,000 barrels per day (bpd), constituting a new daily production record. Of this volume, around 74% (590,000 bpd) corresponds to Petrobras’ share and the remainder belongs to its partner companies in different presalt layer production areas.

The 800,000 bpd output was achieved just eight years after the first oil discovery in the pre-salt layer, in 2006 - less time than was necessary to arrive at the same level in other offshore production areas. It took Petrobras 40 years and 6,374 wells to reach oil production of 800,000 bpd in Brazil. In Campos Basin, this same production volume was reached in 24 years, using 423 wells.

In the pre-salt, the 800,000 bpd milestone was achieved now with just 39 production wells. Of these wells, 20 are located in Santos Basin, which accounts for 64% of output (511,000 bpd), while the other 19 wells are located in Campos Basin, representing 36% of production (291,000 bpd).

On the day the record was achieved, 11 definitive production systems and one early production system were operating in the pre-salt layer. Seven of these systems were exclusively producing oil from this geological layer.

This record was aided by the start-up of the early production system installed in Búzios field in March of this year, using a dynamic producer platform-ship – the first extended oil and gas production in the “Cessão Onerosa” area. Another contributor to this result was the start-up of platform P-20 in the pre-salt layer in Marlim field, Campos Basin, which will contribute to future production growth in the area.

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs