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%.
Husky, the operator and majority owner of the White Rose Field, said it expects production there to ramp up to about 20,000 barrels per day after the start-up.
Producers completed 5,749 wells in Texas from January to July versus 6,514 in the same period last year, the Railroad Commission of Texas said on Aug. 16.
Companies added six oil rigs in the week to Aug. 16, the biggest increase since April, bringing the total count to 770, Baker Hughes, a GE company, said in its weekly report.