STAVANGER, Norway — Equinor has restarted production from the Peregrino Field in the Campos Basin offshore Brazil, following a suspension of nearly 27 months.
During the shutdown, the company undertook maintenance, upgrades and repairs on the FPSO and installed a third wellhead platform, Peregrino C, for the Peregrino Phase 2 project. This should deliver first oil in the current quarter.
The investments will increase the overall production capacity. Equinor estimates remaining reserves recoverable from Peregrino Phase 1 at 180 MMboe, while Phase 2 will recover a further 250 MMboe to 300 MMboe.
Phase 2 will lower CO2 emissions at the field by 100,000 metric tons per year, through the deployment of digital solutions to optimize energy consumption, and gas-powered turbines to reduce/replace diesel consumption.
Peregrino began producing in 2011 via the FPSO and Peregrino A and B wellhead platforms.