BC-10 Phase 2 starts production offshore Brazil

First oil production has started from Phase 2 of Shell’s Parque das Conchas (BC-10) project offshore Brazil.

Offshore staff

RIO DE JANEIRO – First oil production has started from Phase 2 of Shell’s Parque das Conchas (BC-10) project offshore Brazil.

Phase 2 connected a fourth reservoir to theFPSOEspirito Santoand it is expected to produce 35,000 boe/d of oil at its peak.

Shell and its partners recently announced thedecision to move forward with the project’s Phase 3, which will include the installation of subsea infrastructure at the Massa and Argonauta O-South reservoirs. Once online, Phase 3 of the BC-10 project is expected to reach a peak production of 28,000 boe/d.

“Building on what was already a successful proving ground for technology innovation, a4-D life-of-field seismic monitoring system was installed as part of Phase 2 subsea development,” said John Hollowell, executive vice president for Deep Water, Shell Upstream Americas. “This technology, consisting of a network of seismic sensors installed throughout the field on the seabed, allows us to more effectively and efficiently monitor the reservoir. This is the deepest installation of its kind on a full-field scale in the world (approximately 1,800 m or 6,000 ft).

BC-10 is held by Shell, 50%; Petrobras, 35%; and ONGC, 15%.

10/02/13

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