Devon Energy´s New Discovery at the Campos Basin
Devon Energy has informed ANP (Brazil´s National Petroleum Agency), that it has discovered indications of hydrocarbons in block CM-471 at the Campos Basin. This block is operated by Devon in a 50%/50% partnership with Brazil´s national operator Petrobras.Block CM-471 was acquired by Devon and Petrobras back in 2005, during ANP´S 7 round of bidding along with block C-M-473, both making part of block BM-C-34. Earlier this year Devon had disclosed the existence of potential O&G reservoirs in the adjacent block BM-C-32. Devon plans to extend the drilling in both blocks down to the pre-salt depths. Well 6DEV18PRJS in block CM-471 is located at a depth of 2,484 meters, being one of the deepest of the deepwater wells in Brazil.
Production Starting at the Espirito Santo Pre-Salt
Petrobras has announced it will start producing today the first oil from the pre-salt layer of the Baleia Franca Field, which is located about 85 km from the city of Anchieta (state of Espírito Santo), in the Parque das Baleias area.The Baleia Franca Field´s pre-salt accumulations were discovered in December 2008. The Production will start through the connection of well 6-BFR-1-ESS to the FPSO Capixaba, chartered to Petrobras by SBM and previously operated in the Golfinho Field. Aiming to anticipate the production at the Cachalote and Baleia Franca fields, the platform was moved to Parque das Baleias, after some changes in its process plant. The Baleia Franca pre-salt well will start producing approximately 13,000 bpd of light oil, estimated at 29º API.
Petrobras and PGS Sign Agreement for Permanent Fiber-Optic Seismic Reservoir Monitoring in Brazil's Deepwater Jubarte Field
Petrobras and PGS (Petroleum Geo-Services) announced on June 14th, 2010 in Rio de Janeiro that they have signed an agreement for PGS to install a permanent seismic monitoring system in the Jubarte field in the North Campos Basin, Espirito Santo province, offshore Brazil.PGS will install its OptoSeis fiber-optic system, as well as perform seismic acquisition and data processing for the project. This project is a significant step forward in the use of geophysics for reservoir surveillance, in particular 4D-4C seismic to map the flow of fluids in Brazil's deep water reservoirs. It is hoped that the system will improve the quality and timeliness of information that Petrobras' geophysics team provide their counterparts, reservoir and production engineers, that operate the fields.
OGX Continues Positive Exploratory Campaign in Brazil
Since last year OGX Petróleo e Gás has been having excellent results in its exploratory campaign in the Campos Basin.OGX Petróleo e Gás, which is the Brazilian O&G company responsible for the largest private sector exploratory campaign in Brazil, recently announced that it had identified two oil-bearing intervals, one in the Aptian section of well 1-OGX-10-RJS and another in the Eocene section of well 1-OGX-13-RJS, which are located in the BM-C-42 and BM-C-41 blocks, respectively, in the shallow waters of the southern part of the Campos Basin, where they have been drilling the majority of their exploratory wells, with a very high percentage of success. OGX holds a 100% working interest in both blocks.
FMC Technologies to Build Research Center in Rio de Janeiro
The FMC research center will be located at the technology center inside the UFRJ campus, which already houses other important international research centers and CENPES research center, owned by Petrobras.FMC will be the fourth major international O&G service provider to establish itself at the UFRJ technology park, joining Schlumberger, Baker Hughes and Halliburton (still in negotiations). Expectation are high that with this great influx of researchers and investments in the UFRJ Technological Park, it will soon become the biggest O&G research center in the world, it is already acknowledged as being at the forefront of deepwater technological research.
C&C Technologies Leads the Brazilian AUV Market
C & C is known through the world as a technological leader in the survey field, they´ve been responsible for innovations such as C-Nav, Globally-corrected GPS and the C-Surveyor™ AUVs that have made groundbreaking advancements to the survey industry and subsequently have saved clients time and money worldwide.C & C Technologies do Brasil, a subsidiary of C & C Technologies, Inc. (C & C), the worldwide leader in deepwater autonomous underwater vehicle (AUV) operations, was recently awarded a $50 million contract by Petrobras. The 730 day contract will utilize C & C’s state-of-the-art C-Surveyor II AUV and M/V Northern Resolution. The contract can be renewed for an additional 730 days, making the contract potentially worth $100 million.
The Cost of Deepwater E&P
This cost isn´t only in equipment and manpower, it´s in lives, human and animal and destroyed ecosystems which will take at least a decade to recuperate. Safety must always come first. Even with the most reliable equipment and redundancy, there will always be the human factor. Nothing like a full on environmental tragedy to make for a vital attitude change: Safety first, and then all the profit scene. We all know now, that there is no infallible safety measure, well not man proof anyway. Pressure seems to be a wee bit of a problem too. Like the old saying goes: You only knows, when it blows! Well now we know, don´t we? This is the worst case scenario and it could not be correctly simulated.
New Pre-Salt discovery at the Marlim Field
This new pre-salt discovery in the Campos Basin, highlights the potential for new discoveries in both the pre and post salt layers of this mature basin, which up to now has been the main O&G producer in Brazil and until recently was considered by many as not having much more to give in terms of new reservoirs.Petrobras announced the discovery of a new accumulation of light oil (29o API) in the pre-salt layer of the Campos Basin, in water depths of 648 meters at the Marlim field. Marlim is located in the north-eastern part of Campos Basin, in water depths ranging from 648m to 1,050m. It has some 102 production wells and 50 injection wells. Over 80km of rigid pipelines and 400km of flexible lines have been laid on the field.
New Discovery in Caratinga Field and Confirmation of Barracuda Field Potential
The new discovery in the Caratinga field along with the possible confirmation of of the extension to the Barracuda field, raise expectations for the existence of an extensive pre-salt system in the Campos Basin.Petrobras has announced the discovery of two new light oil accumulations (29o API) in reservoirs in the Campos Basin's post- and pre-salt areas, by means of the drilling of well 6-CRT-43-RJS, known as Carimbé. The discovery was made by means of the drilling of well 6-CRT-43-RJS, known as Carimbé, located in Caratinga Field, about 106 km off the coast of Rio de Janeiro, at a water depth of 1,027 meters. The accumulation discovered in the post-salt reservoirs is nestled 3,950 meters under the seabed.
Pre-salt - Technological Challenges
Although not considered a major challenge by Petrobras, drilling two thousand meters below the water line, through about three thousand meters of sediments, and through two thousand meters of salt is done at the frontiers of technology.Drilling at a depth of two thousand meters is not a problem. Petrobras already has several wells at this depth, in Brazil and in the Gulf of Mexico, and produces at 1,886 meters in the Campos Basin, a mark that was once the world record (Shell currently holds the record, at more than two thousand meters from the water line in the Gulf of Mexico). The biggest challenge is the layer of salt, which, under high pressure and at high temperatures…
New Pre-salt Discovery has 4,5 billion barrels of Recoverable Light Oil
This new ANP discovery is the 2nd largest pre-salt discovery to date in Brazil and highlights the excellent potential of the Brazilian pre-salt.The ultra deepwater well (2-ANP-1-RJS ) was drilled at an area which has been named Franco, it lies 2.189 meters deep and the 4,5 billion barrels of light oil are of around 30º API. The well is located 195km from Rio de Janeiro and 41 km from the Iara pre-salt field, which has a recoverable oil potential of 3 to 4 billion barrels. Both are located at the Santos Basin. The Tupi field, also at the Santos Basin is still the largest discovery to date in Brazil, will a recoverable oil potential of 5 to 8 billion barrels.