Petrobras Breaks Monthly Oil Production Record in Its Deepwater Field - Búzios

Petrobras Breaks Monthly Oil Production Record in Its Deepwater Field – Búzios

Written by Valdemar Medeiros

Published on 06/08/2020 at 11:22

Updated on 06/08/2020 at 11:34

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Petrobras Hits Record Oil Production at Búzios Field in July

Petrobras reported on Wednesday that its four FPSOs installed in the field – P-74, P-75, P-76, and P-77 – achieved new monthly production records in July of this year, 2020. According to the oil company, the Búzios field produced 615,000 barrels of oil per day (bpd) and 765,000 barrels of oil equivalent per day (boed).

Three More FPSOs from Búzios to Come This Year from Petrobras

Furthermore, at the end of July, Petrobras approved the start of a bidding process to build three new FPSOs for Búzios. These units are part of an asset development plan aimed at installing a total of twelve units by the end of the decade. At the end of the development phase, the Búzios field is expected to produce more than 2 boed, becoming Petrobras’ largest production asset.

Similarly, the first of the three new units will be the Almirante Tamandaré, which is scheduled to start production in the second half of 2024. The FPSO will be chartered with a daily processing capacity of 225,000 barrels of oil and 12 million cubic meters of gas.

Finally, with this capacity, the FPSO Almirante Tamandaré will be the largest oil production unit in operation in Brazil.

Petrobras Breaks Monthly Oil Production Record in Its Deepwater Field – Búzios

Petrobras Hits Record Oil Production at Búzios Field in July

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Three More FPSOs from Búzios to Come This Year from Petrobras

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Petrobras Breaks Monthly Oil Production Record in Its Deepwater Field – Búzios

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