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Petrobras announces record pre-salt production

16th May 2014

Petrobras has announced that oil production in the the pre-salt layer of the Santos and Campos basins passed the milestone of 470 thousand barrels of oil per day (bpd) on May 11th, which is a new daily production record

Petrobras announces record pre-salt production
FPSO Cidade de São Paulo currently produces around 100 thousand bpd, with three wells, while the production of FPSO Cidade de Paraty, stands at around 60 thousand bpd, with two wells

This production level was achieved from 24 wells, nine of which are in the Santos Basin. Thus, the average productivity per well from the Santos Basin’s pre-salt layer reached 28 thousand bpd, representing an increase of almost 30 per cent compared with February 2013, when the daily production record reached 300 thousand bpd.

This result is largely due to the start-up of well 7-LL-22D-RJS on May 9. This well, with a currently flow of 31 thousand bpd, is connected to the FPSO Cidade de Paraty, located in the Lula field, through a buoyancy supported riser (BSR). Using this pioneering technology, the ascending production pipeline is suspended from a submerged buoy. This is the third well connected using BSR technology and the first connected to the FPSO Cidade de Paraty.

The first BSR, installed at FPSO Cidade de São Paulo, in the Sapinhoá field, has already two producing wells. The performance of the first well connected has been well above average and is the country’s most productive well, with a production of approximately 36 thousand bpd. The second well of this BSR was connected at the beginning of April and is producing  35 thousand bpd. Installation of the third BSR, also connected to the FPSO Cidade de São Paulo, and of the fourth BSR, connected to the FPSO Cidade de Paraty, was completed in April and May, respectively.

FPSO Cidade de São Paulo currently produces around 100 thousand bpd, with three wells, while the production of FPSO Cidade de Paraty, stands at around 60 thousand bpd, with two wells.

Over the coming months, new wells will be connected to the FPSOs Cidade de São Paulo and Cidade de Paraty through the BSRs, thereby ensuring continued sustainable growth in the pre-salt production, with the achievement of the full production capacity of these platforms – of 120,000 bpd – in the third quarter of this year.

Lula field is operated by Petrobras (65 per cent), in partnership with BG E&P Brasil (25 per cent) and Petrogal Brasil S.A. (10 per cent). Sapinhoá field is operated by Petrobras (45 per cent), in partnership with BG E&P Brasil (30 per cent) and Repsol Sinopec Brasil (25 per cent).

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