Petrobras offering three Espirito Santo basin gas fields

The Peroá and Cangoá fields are in the Espírito Santo basin offshore Brazil.
The Peroá and Cangoá fields are in the Espírito Santo basin offshore Brazil.
Petrobras

Offshore staff

RIO DE JANEIROPetrobras has initiated the disclosure stage for the sale of its entire working interest in the producing Peroá and Cangoá fields, and 88.9% of the BM-ES-21 concession.

All are in the Espírito Santo basin offshore Brazil.

Peroá and Cangoá are shallow-water fields in turbidite sandstones 50 km (31 mi) offshore Linhares which came onstream in respectively 2006 and 2009. They currently produce around 900,000 cu m/d of non-associated gas.

The production system is based on up to six wells connected to the unmanned platform PPER-1, in 67 m (220 ft) water depth, and a further well tied directly to the pipeline that transports gas from the platform to the onshore Cacimbas Gas Treatment Unit for processing. The unmanned platform PPER-1 is in the Peroá concession in the Espírito Santo basin offshore Brazil.The unmanned platform PPER-1 is in the Peroá concession in the Espírito Santo basin offshore Brazil.Petrobras

Three of the wells in Peorá are currently in service, with one active in Cangoá. Both the platform and export pipeline are included in the proposed offer.

BM-ES-21, which is in deepwaters, includes Malombe, discovered in 2011 via the 1-ESS-206 exploration well.

Currently the area is under a discovery appraisal plan (PAD) with a declaration of commerciality expected soon.

The proposed development concept would involve a subsea tieback of the discovery well to the PPER-1 platform in the Peroá concession. Petrobras anticipates a final investment decision during 4Q 2019 and first gas in 1Q 2023, with peak production of 2.5 MMcm/d.

Repsol is in the process of surrendering its 11.1% stake in the concession to Petrobras, although this remains subject to ANP approval. If confirmed, Petrobras, would become 100% owner of Malombe.

07/08/2019The Peroá and Cangoá fields are in the Espírito Santo basin offshore Brazil.The Peroá and Cangoá fields are in the Espírito Santo basin offshore Brazil.Petrobras

More in Production