Petrobras contracts Endeavor for Papa Terra review

Petrobras has retained Endeavor Management to provide third-party review and advisory services on Papa Terra.

Offshore staff

HOUSTON –Petrobras has retained Endeavor Management to provide third-party review and advisory services on Papa Terra. Endeavor will work with the Papa Terra project team to improve the drilling and completion programs for wells to be drilled from the tension-leg wellhead platform and the tender assisted drilling rig.

“This is a major project for Petrobras and is their first use of a TLWP and tender assisted drilling unit,” said Bruce Crager, EVP of Endeavor Management. “We are pleased to have been selected to join Petrobras on the Integrated Project Team along with personnel from Chevron, who are a partner in the Papa Terra field.”

Chevron says Papa Terra will cost $5.2 billion and recover an estimated 380 MMbbl of heavy oil. Papa Terra is 70 mi (110 km) offshore in 3,900 ft (1,190 m) of water in block BC-20 of the Campos basin. The project will have the first TLP offshore Brazil.

3/13/2013

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