Shell has added new, deep-water production in the Brazilian Santos Basin. Through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners have announced that the FPSO P-69 is now producing.
Operated by Petrobras, P-69 is a standardised vessel that can process up to 150,000 barrels of oil and 6 million cbm of natural gas daily. It will ramp up production through eight producing and seven injection wells.
“The Brazilian pre-salt fields are some of the best deep-water provinces in the world,” said Andy Brown, Upstream Director for Shell. “With significant flow rates, deep-water Brazil projects are breaking even under $40 per barrel. We commend Petrobras on this production milestone, and we look forward to progressing additional development plans with our consortium partners as well as for our recently-acquired, deep-water Brazil blocks.”
Following Lula Extreme South, the next FPSO is P-67 for Lula North. The Libra product sharing agreement continues to progress with an extended well test as well as the Mero 1 FPSO, and additional FPSOs are planned. Shell also has development drilling planned for its operated, Gato do Mato South field in 2019.
For more information visit: www.shell.com
25th October 2018
