Deepwater Tupi field reaches 2 Bboe mark

Sept. 28, 2020
Production from the Tupi field in the presalt Santos basin, 230 km (143 mi) from the Rio de Janeiro state coastline, reached 2 Bboe in July, according to the Brazilian National Agency of Petroleum, Natural Gas and Biofuels.

Offshore staff

RIO DE JANEIRO – Production from the Tupi field in the presalt Santos basin, 230 km (143 mi) from the Rio de Janeiro state coastline, reached 2 Bboe in July, according to the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP).

This coincided with the 20th anniversary of Petrobras signing the concession agreement for block BM-S-11, where the Tupi field – the world’s largest deepwater oil producer in the world – according to the company – currently delivers around 1 MMb/d.

Discovered in 2006, production operations started in 2010 via the FPSO Cidade Angra dos Reis.

Between 2010 and 2019, Petrobras and partners Shell and Petrogal brought online a further eight production systems.

Currently the partners are working on initiatives to increase the oil and gas recovery factor.

Projects include interconnecting new wells to the production systems and the use of alternating water and gas injection technology to maintain the reservoir’s pressure.

Petrobras also has agreed to take on Total’s operated interest in five exploration blocks in the Foz do Amazonas basin, 120 km (74.6 mi) offshore Amapá state, northeast Brazil.

FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125, and FZA-M-127 are in ultra-deepwaters, a frontier basin on Brazil’s equatorial margin.

All were awarded under the 11th ANP bidding round.

Petrobras plans to increase its stake to up to 70%, depending on the preemptive right of BP, also part of the consortium.

09/28/2020