Petrobras: Oil Production Starts from Bauna Field

Brazil’s state-controlled oil company Petrobras has put into operation the FPSO Cidade de Itajaí, starting oil production in offshore block BMS-40 Baúna field, in the post-salt cluster of Southern Santos Basin.

The FPSO is connected to well 9-SPS-88, which can produce up to 12,000 barrels per day. Other ten wells (5 production, 4 water injection, and one gas injection) will be connected to the FPSO in the upcoming months, further to the Development Plan of Tiro and Sídon accumulations. Peak production is expected to be achieved in August.

The new FPSO, which belongs to the OOG-TK (Odebrecht and Teekay) consortium, was converted at the Jurong Shipyard, in Singapore, and chartered to Petrobras. It is able to process up to 80,000 barrels of light oil (34º API) and 2,000,000 m3 of gas per day. The unit is anchored at a water depth of 275 meters, 210 km off the coast and the produced oil will be carried by relief tankers. Petrobras holds 100% of the exploratory rights of the block BMS-40.

With the start up of FPSO Cidade de Itajaí, Petrobras has put the third system on stream this year. The other 2 units were FPSO Cidade de São Paulo, which started production at the Sapinhoá field in January, 5, and FPSO Cidade de São Vicente, in Sapinhoá Norte, in February, 12. These units have added 200,000 bpd to Petrobras production capacity.

[mappress]
February 20, 2013