Petrobras Cranks Up P-66 At Lula Field Offshore Brazil

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.

With a daily capacity to process 150,00 bbl of oil and to compress 6 MMcm (211 MMcf) of gas, the P-66 is located at a water depth of 2,150 m (7,054 ft) about 290 km (180 miles) 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%.

Catcher Project Stays On Track For 2017 First Oil

Progress is being made at the Catcher project in the U.K. North Sea with costs falling by nearly 30% to $1.6 billion, according to Premier Oil.

“Good progress is being made on the FPSO [unit] with the construction work for the installation and integration of the topsides complete while the construction scope in the hull is nearing completion,” the operator said in a May 15 operations update. “Commissioning is underway, and this will continue up until sail away.”

First oil is targeted for later this year.

The company also reported that seven producers and three injectors have been drilled. A subsea campaign is set to begin in June to tie in four Varadero wells.

“As a result of the positive drilling results, Premier is optimistic that a higher plateau production rate can be achieved and a review is underway to understand the potential additional production capacity available from the FPSO [unit],” Premier said.

—Staff Reports

Offshore