Offshore staff
RIO DE JANEIRO –Shell has decided to move forward with two deepwater offshore Brazil production projects. Parque das Conchas and Bijupirá/Salema fields both will enter new development phases.
AtParque das Conchas (BC-10), Phase 3 will include installation of subsea infrastructure at Massa and Argonauta O-South fields. These will be tied-back to the Espírito Santo FPSO.
Phase 3 is expected to boost production to a peak of 28,000 boe/d. Phase 2 is on schedule to tie-in Argonauta O-North online late this year with a peak production of 35,000 boe/d. Ownership of BC-10 is 50% Shell, 35% Petrobras, and 15% ONGC.
A redevelopment atBijupirá/Salema is under way and includes drilling four new production wells. Peak production is expected to reach 35,000 boe/d in 2014. Shell holds 80% and Petrobras holds 20%.
7/22/2013
