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Perenco plans to revitalize at least 50 wells in the Campos Basin

Written by Paulo Nogueira
Published 01/07/2019 às 01:00
Updated 30/06/2019 às 18:51

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Perenco will extend production from the Carapeba, Pargo and Vermelho fields over the next 20 years, in the shallow waters of the Campos Basin.

According to Perenco's Operations manager, Guillaume Moulinier, the company is considering reactivating at least 50 wells in the fields. Moulinier participated on Thursday, June 27, in the Campos Basin Knowledge Space, at the ONIP Arena of Brasil Offshore 2019, in Macaé (RJ).

Perenco signed an agreement with Petrobras in November 2018, the company bought the Pargo, Carapeba and Vermelho fields from the state-owned company for US$ 370 (R$ 1,4 billion). The closing of these deals will mean a new scale for the market of mature fields in Brazil, both onshore and in shallow waters.

“We are in Brazil to stay at least for the next 20 years, or 30 years. We see a lot of potential in the Pargo project,” said Moulinier, emphasizing the company's focus on revitalizing mature fields.

==>>> Decommissioning and revitalization of mature fields is discussed at Brasil Offshore 2019

Petrobras, which dominates the mature fields in Brazil, has concentrated its efforts on the pre-salt layer. The oil company has already communicated the raising of more than US$ 823 million (R$ 3,2 billion) with sales of mature assets.

The three fields, Carapeba, Pargo and Vermelho started operating between 1988 and 1989 and together produced 97 thousand barrels of oil equivalent (boe) per day in 1990, when Pargo and Vermelho reached their production peak.

In Carapeba, the peak was in 1992, when combined production was 81 barrels/day. Average production this year is 3,6 boe/day.

== >>> Brasil Offshore 2019 generates in just two of the four days of the event, R$196 million in business.

Only 16 of the more than 150 production wells already drilled in the Carapeba, Pargo and Vermelho fields produced in April 2019. The number of active wells has been declining since the late 1990s, with a drastic loss from 2016 onwards.

The fields have six fixed producing platforms, three in Vermelho, two in Carapeba and one in Pargo. The units have been operating since the beginning of production, around 30 years ago.

The state-owned company drilled the first wells in Pargo in the 1970s and the height of activity in the region was in the 1980s. The last production wells drilled in the region, in the Carapeba field, were made in 1998. Since then, Petrobras has carried out some campaigns in Pargo and Carapeba with exploration wells. The last well was drilled in 2011. – by epbr

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Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

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