Pre-salt Santos, Campos basins surpass 500,000 bbls of oil/day

Posted on 03 July 2014

Oil production in the pre-salt Santos and Campos Basins have surpassed 500,000 bbl/day (bpd), topping-out at 520,000 bpd on 24 June and setting a new daily output record. Of this amount, 78% (406,000 bpd) belongs to Petrobras, while the rest belongs to partner companies. The 520,000 bpd output was achieved eight years after oil was discovered in the pre-salt layer in 2006. In the US Gulf of Mexico, according to Petrobras, it took 20 years from the first discovery to produce 500,000 bpd and in the North Sea, the level was reached in 10 years.

Petrobras has 25 producing wells in the province, of which 10 are located in the Santos Basin, accounting for 53% of the production from pre-salt (274,000 bpd). The other 15 are located in the Campos Basin and account for 47% of the output (246,000 bpd).

The average pre-salt output accounted for 22% of the operator’s total production in May in Brazil. From 2010 to 2014, the average daily output at the pre-salt reservoirs has soared more than tenfold, from 41,000 bbl to 520,000 bpd.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 02 September 2014

    FMC vocational technical training recognizes importance of non-technical skills

    The oilfield service business is a people business, and when you deal with human beings, there are no absolutes. In the world of vocational technical training, this means...

  • 28 August 2014

    DNV GL launches interactive Arctic risk map

    DNV GL has developed an interactive Arctic Risk Map to present the risks associated with offshore and maritime activities in the Arctic. The map aims to provide stakeholders...

  • 27 August 2014

    Video: Aviation safety program encourages employees to voluntarily report safety issues

    Since 2009, there have been no passenger fatalities on domestic airlines in the US, Ronny “Ronoo” Monsour, VP of Sales for Check-6, said. Mr Monsour also a pilot for...

  • 27 August 2014

    Vestigo Petroleum plans ‘manufacturing approach’ to marginal fields offshore Malaysia

    Vestigo Petroleum, a wholly owned subsidiary of Malaysian NOC Petronas Carigali, is about to put a tender out for its first rig on a first drilling program offshore...

  • 27 August 2014

    Case study from mining: Image-driven safety campaign removes communication barriers

    In the world of process safety, people, equipment, the environment and reputation are some of industry’s greatest assets, Marlane Kayfes, Senior Technical Writer...

  • Read more news