Petrobras: Lula pilot project confirms high productivity of pre-salt

July 08, 2011 | Licensing & Concessions, South America

Petrobras_oil_platform

Petrobras announces that well 9-RJS-660, located in Lula field, registered the Companys highest volume of production for May, reaching an average production of 28,436 barrels of oil per day (bpd). This well is the first to produce on a commercial basis in the SantosBasinpre-salt.

This result confirms the high potential of Brazils pre-salt reservoirs, and, if we consider oil and natural gas production, the volume reached 36,322 barrels of oil equivalent per day (boed).

The well is interconnected to FPSO Cidade de Angra dos Reis and is the first of six production wells to be connected to the FPSO. Besides this well, a gas injection well is already connected to the platform, which, since the beginning of April 2011, reinjects produced gas into the reservoir through 9-RJS-660. Two injection wells are also planned, of which one will be of water, and the other will alternate injection of water and gas.

The FPSO Cidade de Angra dos Reis is expected to be producing around 100 thousand bpd throughout 2012.

The consortium developing the production in block BMS-11, where Lula field is located, is composed of Petrobras, which is the operator, with a 65% stake, BG Group, with 25%, and Galp Energia, with 10%.