Petrobras Starts Production at Bauna Field

Source: www.gulfoilandgas.com 2/19/2013, Location: South America

Petrobras announces that it has put into operation, on Saturday (02/16), the FPSO (Floating, Production, Storage and Offloading) Cidade de Itajai, starting oil production at Bauna field, located at block BMS-40, in the post-salt of the southern portion of Santos Basin.

The FPSO is connected to well 9-SPS-88, which has a potential to produce up to 12,000 barrels per day (bpd). Another ten wells (five production, four water injection and one gas injection) will be connected to the FPSO within the upcoming months, complementing the Development Plan of Tiro and S?don accumulations. Peak production is expected to be achieved in August.

The new FPSO, which belongs to the OOG-TK (Odebrecht and Teekay) consortium, was converted at the Jurong Shipyard, in Singapore, and was chartered to Petrobras. It is able to process up to 80,000 barrels of light oil (34 API) and 2,000,000 m3 of gas per day. The unit is anchored at a water depth of 275 meters, 210 km off the coast and the produced oil is going to be shipped by relief tankers.

Petrobras holds 100% of the exploratory rights of block BMS-40.

With the start up of FPSO Cidade de Itajai, Petrobras has put the third system into production this year. The other 2 units were the FPSO Cidade de Sao Paulo, which started production at the Sapinhoa field in January, 5th; and the FPSO Cidade de Sao Vicente, in Sapinhoa Norte, in February, 12th. These units have added 200,000 bpd to Petrobras production capacity.

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