After 4D Seismic Mapping at the Frade Field, Chevron Discovers Productive Potential in the Asset and Will Open Service Window
[supsystic-social-sharing id=’1′]Chevron, a global oil and gas multinational, is finally launching a major bidding process in Brazilian waters to carry out operations to drill and complete wells located in the Frade Field in the Campos Basin. Initially, the project envisions the design of 6 wells, and at this moment, the company is mobilizing to evaluate third-party firms for service provision.
After the spills that occurred in the field between 2011 and 2012, production was halted for over a year at the site and until then, it had not seen any development due to this event. With new local content policies and reduced government taxes, Chevron felt comfortable injecting capital, consequently generating jobs for industry professionals and other segments indirectly.
Chevron utilized technological seismic apparatus from Ocean Bottom, but they were installed by Fugro. These equipment successfully allowed the evaluation and 4D mapping of the hydrocarbon deposits in the location, proving potential. Additionally, there are Christmas Trees connected to production pipelines on an FPSO at the site. Chevron’s stake in this field is majority, holding 51.74%, followed by Petrobras with 30% and Frade Japan with 18.26%.
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A new survey shows that the circular economy is gaining traction among Brazilians, but the preference for conventional products still hinders the sector’s progress, affecting investments, green job creation, and long-term environmental goals.
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A new survey shows that the circular economy is gaining traction among Brazilians, but the preference for conventional products still hinders the sector’s progress, affecting investments, green job creation, and long-term environmental goals.
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A new survey shows that the circular economy is gaining traction among Brazilians, but the preference for conventional products still hinders the sector’s progress, affecting investments, green job creation, and long-term environmental goals.
Some articles that may interest you: 1-Petrobras Will Have a New Contest in 2018; 2-CSE and Alphatec Open New Selection Processes Until December 20; 3-Third-Party Company Is Receiving Resumes for Route 3 Works at Comperj. Don’t forget to join our Telegram groups; we share opportunities daily with emails directly from companies and open selection processes. Like and share Click Petróleo e Gás, your official offshore and energy portal.

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