Page 14: of Offshore Engineer Magazine (Sep/Oct 2019)

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REGIONAL REPORT Brazil more than 100 billion reais ($26 billion). in the Santos basin, produced the most operation in the Santos basin over the oil, an average of 1.026 million boepd. past decade has been astounding.”

PRODUCTION RISING It was also the largest producer of natu- The output leader in August, ANP

Brazil’s monthly oil and natural gas ral gas: an average of 43.4 million cubic said, was the FPSO Cidade de Maricá production reached a record 3.828 mil- meters per day. in Lula Field, producing 150,600 boepd lion boe per day (boepd) in August “The size and productivity of the res- through seven interconnected wells.

2019, regulator ANP reported. ervoirs in the Santos basin offshore Bra- More large producers are on the way.

The majority (63.4%) of production zil are huge,” McCaul said. “Production In mid-September, the newbuild FPSO was from the pre-salt, where 110 wells achieved by ? oating production, storage P-68 left the Sembcorp Marine’s Esta- produced 2.427 million boepd. Lula, and of? oading units (FPSO) placed in leiro Jurong Aracruz (EJA) shipyard in Brazl for deployment in the ultra- deepwater Berbigao and Sururu ? elds, adding up to 150,000 boepd production from the Santos basin. The same ship- yard is also working on the P-71 FPSO, also destined for Santos. “Santos output has been increasing ever since the ? rst large ? elds started in 2010 and is now producing around 1.5 million boepd. With all the pre-salt developments and large projects such as Iara, Buzios and Mero, we expect a boom in new FPSO installations and production exceeding 3 million boepd by 2025,” Lysdahl said.

Source: Petrobras

Most acreage on offer in Concession Round 16 and PSC Round 6 will be in the Campos ad Santos basins.

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