Shell to boost deepwater offshore Brazil production

Shell has decided to move forward with two deepwater offshore Brazil production projects.

Shell Brazil map
Shell Brazil map

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

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