Project Profile
Value: US$3,300 million
Location: Block BC-10, Campos Basin, offshore Brazil
Reserves: 300 million bbls
Capacity: 100,000 b/d of oil with a maximum storage capacity of 2 million barrels of oil
Start-up Year: 2013
The project will see the development of a cluster of deep water heavy oil discoveries. The development will be an FPSO with a capacity in the order of 60,000 - 100,000 bbls/day. The recoverable reserves are estimated at 300 million bbls, covering all four fields. The fields, known individually as Abalone, Ostra, Nautilus and Argonauta, are being referred to as Parque das Conchas. Crude ranges from 18 to 24 degrees API with water depths of around 6500 ft. The wells will be connected to SBM\'s Espirito Santo FPSO. The unit is capable of processing 100,000 b/d of oil with a maximum storage capacity of 2 million barrels of oil. The natural gas production will be sent to Jubarte field through a 40km gas pipeline.
The development project will be divided into two phases: the first phase will be for the production of light oil from the Ostra, Argonauta and Abalone fields and the second phase is for reducing heavy oil at Argonauta, rated at about 17º API. Seven additional development wells will be drilled as part of phase 2. Shell has a 50% interest in the project and is the operator. Other partners are ONGC 27%, and Qatar Petroleum International 23%.
Operators:
Shell: Operator with 50% interest
ONGC Videsh: 27% interest
Qatar Petroleum: 23% interest
Contractors:
FMC Technologies: Supply subsea systems
Fugro: Engineering services
InterMoor: Install the electrical submersible pump conductors
Nexans: Provision of cables
OYO Geospace: Provide deepwater seabed seismic reservoir monitoring system
SBM Offshore Malaysia: FPSO contract
Songa Offshore AS (Norway)
Subsea 7: install jumpers, umbilicals and associated subsea structures
Transocean: Drilling rig
Helix Energy Solutions Group, Inc.: Deepwater trenching contract in Parque das Conchas field (BC-10) offshore Brazil, through a contract to Helix’s robotics subsidiary, Canyon Offshore Inc., to trench and bury over 40 kilometres of pipe in 1675 meters of water in the Campos Basin offshore Brazil. The work will be performed in the fourth quarter of 2015 from the DP III M/V Grand Canyon I utilizing the T-1200 Deepwater Trenching System.
Sulzer and FMC Technologies: Received a subsea multiphase boosting pump contract to upgrade one of the pumping modules in Shell’s Parque das Conchas, a deepwater oil field. The pump modifications suit the specifics of the oil field with a high shut-in pressure of 517 bar (7 500 psi). They meet Shell’s maintenance and service needs with high reliability and short turnaround intervention. The subsea pump will be manufactured from a global supply chain with a large amount of assembly and testing conducted at Sulzer’s facilities in the United Kingdom. The advantage of the mudline pump is that it fits into an existing infrastructure with minor and cost-efficient modifications, yet is smaller and lighter than the pump it replaces. The first subsea pump for Shell from FMC Technologies and Sulzer will be launched in the field in 2017. (May 2016)
Subcontractors:
Doedijns: Received an order for a major component of a Rig-less Intervention System (RIS) from services firm SBM Offshore Malaysia