Petrobras and its partners in the BM-S-11 Consortium have started oil and gas production in the Santos Basin’s Lula Sul area through platform P-66, the first FPSO vessel owned by the consortium, the company said in a news release.
With a daily capacity to process 150,00 bbl of oil and to compress 6 MMcm of gas, the P-66 is located at a water depth of 2,150 m about 290 km offshore Rio de Janeiro. The vessel is connected to the Lula Field through well 7-LL-60D, Petrobras said.
Lula Field is located at concession BM-S-11. Petrobras is the operator with 65% interest. Partners are Royal Dutch Shell subsidiary BG E&P Brasil with 25% and Petrogal Brasil with 10%.
The bucks don’t stop in the Eagle Ford, speakers say, but they certainly grow there.
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