Through The FPSO P-69 Located In The Santos Basin, Petrobras Successfully Starts Production At The Asset Today

About 290 km off the coast of Rio de Janeiro, Petrobras has just announced that its FPSO P-69 successfully starts production in Lula Extremo Sul at a depth of approximately 2,150 meters. The unit was designed with a processing capacity of up to 150 thousand barrels of oil and 6 million cubic meters of natural gas daily; the P-69 will produce through eight wells and inject 7.

The Lula field is Brazil’s most productive well and is responsible for 30% of the country’s supply. It was discovered in 2016 and is part of Petrobras’ concession in block BM-S-11 with 65%, along with its partners: Shell Brasil with 25% and Petrogal Brasil with 10%.

Andy Brown, Shell’s Upstream Director, said: “With significant flow rates, Brazil’s deep-water projects are breaking even below US $ 40 per barrel. We commend Petrobras on this production milestone and look forward to advancing the additional development plans with our consortium partners, as well as with our recently acquired deep-water blocks in Brazil.”

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Following Lula Extremo Sul, the next FPSO is P-67 for Lula Norte. The Libra product-sharing agreement continues to progress with a well-extended test, as well as the Mero 1 FPSO; additional FPSOs are being planned.

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Petrobras Just Produced The First Oil From Lula Extremo Sul

Through The FPSO P-69 Located In The Santos Basin, Petrobras Successfully Starts Production At The Asset Today

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FPSO P-67 Will Be Next

Diagnostic test

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