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Petrobras Expects First Oil from Berbigão/Sururu Fields in Q4

Written by Paulo Nogueira
Published on 04/09/2019 at 01:00
Updated on 03/09/2019 at 19:45
Petrobras
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Petrobras Announces That 11 Platforms Will Come Online in the Coming Years, Five of Which Are in Contracting or Planning.

Petrobras’ forecast for the extraction of the first oil from the Berbigão/Sururu fields, in the pre-salt layer of the Santos basin, will be in the 4th quarter of this year, with expectations of remaining in production for 25 years. According to the state-owned company, the presentation to investors forced the company to disclose production data for August, after stating that disclosures would henceforth be quarterly. Last month, Petrobras achieved a record production of 3 million barrels per day of oil equivalent (oil plus gas).

The presentation to investors was made this Tuesday, September 3, by Petrobras and published in the Securities and Exchange Commission (CVM). According to the oil company, around US$ 2.6 billion was invested in the project.

According to the state-owned company, it took 26 years to produce 1 billion barrels of oil from onshore and shallow water production, and 15 years to reach the same volume in deep water, a segment in which it specialized until it reached the pre-salt layer, which achieved 1 billion barrels in just eight years.

In the presentation, Petrobras reports that 11 platforms will come online in the coming years, with five currently in contracting or planning (Marlim 1 and 2, Seap, Parque das Baleias, and Itapu).

This year, Petrobras installed the P-68 in the Berbigão field, which is not yet in operation, and next year plans to bring online the P-70 in the Atapu field. The remaining platforms will be installed starting in 2021, according to the company.

FPSO that will operate in the area will be the P-68, which has a daily processing capacity of 150,000 barrels of oil and six million cubic meters of gas, can store up to 1.6 million barrels of oil, and will operate at a water depth of 2,200 meters.

The Berbigão and Sururu fields, as well as the West of Atapu, were delineated in the former Iara area (block BM-S-11A). Petrobras operates with 42.5%, alongside Shell (25%), Total (22.5%), and Petrogal (10%).

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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