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Petrobras begins drilling its 'crown jewel' in quest to reach 1 MILLION barrels of oil per day

Written by Alisson Ficher
Published 31/10/2024 ร s 02:04
Petrobras begins drilling in the pre-salt layer with a new well in Bรบzios, aiming to reach 1 million barrels/day by 2025. New platform ship on the way.
Petrobras begins drilling in the pre-salt layer with a new well in Bรบzios, aiming to reach 1 million barrels/day by 2025. New platform ship on the way.
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In the Bรบzios field, Petrobras is stepping up operations to break records in the pre-salt layer, with new drilling in search of 1 million barrels per day. The arrival of the FPSO Almirante Tamandarรฉ promises to provide a decisive boost. The information is from the portal petronews.

In recent days, Petrobras has moved another piece in its ambitious pre-salt exploration and production project.

Known as the โ€œBรบzios fieldโ€ and often referred to as the state-owned companyโ€™s โ€œcrown jewelโ€, the site is at the center of strategies to expand the companyโ€™s extraction capacity.

Sparing no effort and using cutting-edge technology, the company began drilling a new well in the field, with the support of the Carolina drillship, at an impressive depth of 1.939 meters.

The project reflects the Petrobras' bold goal: increase production in Bรบzios to 1 million barrels of oil equivalent per day (boed) by 2025.

Drilling and expectations of increased production

According to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the new well, technically identified as 9-BUZ-99D-RJS, is characterized as a โ€œspecial wellโ€.

The designation is due to the fact that this well meets specific objectives, which do not align with traditional purposes.

These objectives include pressure control, water collection and disposal, and the observation and control of potential problems, such as โ€œblow outโ€ โ€” a critical risk on drilling platforms, involving a sudden and uncontrollable increase in pressure.

These initiatives are indicative of the high technology and robust investments applied in Bรบzios to meet growing demand.

Projections and strategies with the FPSO Almirante Tamandarรฉ

To transform its ambitions into reality, Petrobras is already preparing to launch, in 2025, the FPSO Almirante Tamandarรฉ, a platform vessel that will have the capacity to increase production in Bรบzios.

The platform ship recently arrived in Brazil is part of a broader strategic plan by the state-owned company, focused on optimizing pre-salt resources and meeting the goal of producing 1 million barrels of boed in Bรบzios by the third quarter of 2025.

According to recent information from ANP, production in Bรบzios has already reached around 768 thousand barrels of boed per day, but this number should be significantly boosted with the arrival of the FPSO Almirante Tamandarรฉ, considered the state-owned company's largest production project.

According to Magda Chambriard, president of Petrobras, the expansion of the Bรบzios field is essential to maintain the pace of production, strengthen the company's competitive position and contribute to Brazil's energy security in the coming years.

Production history and the role of onerous assignment

The Bรบzios field has been a strategic asset for Petrobras since 2010 and has seen increasing production since 2021, when it was divided between two distinct exploration regimes: one under the onerous transfer regime and the other under the production sharing regime.

The onerous transfer regime was the result of an agreement with the federal government for the exploration of up to five billion barrels of oil in specific pre-salt areas.

The production sharing contract was obtained through the first Auction of Surplus Volumes of the Onerous Assignment, carried out by the ANP.

Both contracts complement each other, providing an investment base and allowing Petrobras to expand exploration capacity in the Bรบzios field in a sustainable and profitable manner.

Investments in pre-salt and the vision for the future

In addition to investments in the Bรบzios field, Petrobras is also seeking to consolidate its presence in other pre-salt areas, taking advantage of the expertise and learning accumulated over recent years.

The company plans to modernize its operations, driving sustainability and the use of new technologies, such as the use of artificial intelligence to monitor and optimize well performance in real time.

These technological advances are added to Petrobras' practical experience, which places it in a prominent position among the large companies in the sector.

The strategy adopted in Bรบzios has been positively evaluated in the market, as it combines operational growth with socio-environmental responsibility.

According to Chambriard, Brazil could consolidate itself as one of the main oil exporters in the coming decades, ensuring a solid base for the economic development and job creation in the oil and gas industry.

Pre-salt and new opportunities for job creation

Pre-salt projects, especially in the Bรบzios field, have the potential to generate new jobs in the oil and gas sector.

It is estimated that, by 2025, Petrobras will need thousands of specialized professionals to operate new platforms, drill ships and wells.

This growth in the sector could represent an opportunity for workers and companies in the area, creating a cycle of prosperity that will directly benefit the Brazilian economy.

With the expansion of pre-salt, Petrobras not only reinforces its production capacity but also fosters the development of the energy sector, which will play a crucial role in meeting growing domestic demand and expanding exports.

Will the billion-dollar investment in pre-salt oil guarantee Brazil's energy independence in the future?

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Alisson Ficher

Journalist graduated in 2017 and working in the field since 2015, with six years of experience in print magazines and over 12 thousand online publications. Specialist in politics, jobs, economics, courses, among other topics. If you have any questions, want to report an error or suggest a topic on the topics covered on the site, please contact us by email: alisson.hficher@outlook.com. We do not accept resumes!

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