Project Profile
Value: Undisclosed
Location: 0.5 km northeast of Tartaruga Verde, BM-C-36 concession, Campos basin offshore Brazil
FPSO capacity: 150,000 barrels of crude oil per day, 176 million standard cubic feet of gas per day, 200,000 barrels of water injection per day and has storage capacity of about 1,600,000 barrels of crude oil
Reserves: 121 million boe
Water Depth: 2,870 m in 934 m
Start-up Year: first half of 2018
In January 2013, Petroleo Brasileiro SA (Petrobras) submitted commerciality declarations to Brazil’s ANP for the 100% owned Oliva postsalt oil and gas accumulations on Block C-M-401 of the BM-C-36 concession in the Campos basin offshore Brazil. Petrobras estimated 121 million boe from Oliva, to be called Tartaruga Mestica. Tartaruga Mestica, 0.5 km northeast of Tartaruga Verde, is at 2,870 m in 934 m of water and has an oil-water contact at 3,064m. Both have good quality 27° gravity oil in Albian carbonates. During the assessment period two wells were drilled in Tartaruga Mestica. In addition to this exploratory work, four cased-hole drillstem tests and two extended well tests (EWT) were carried out. The EWT results indicated excellent productivity and revealed information on the characteristics of the reservoirs that will be essential for optimising development plans. Petrobras submitted the declarations of commerciality more than 6 months ahead of the June 30, 2013, deadline in the assessment plan, moving up the expected start of production to 2017, in line with the company’s 2012-16 business and management plan.
Operator:
Petroleo Brasileiro SA (Petrobras): Operator with 100% interest
Contractors:
Modec and Schahin Group: Contract for supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM‐C‐36 block (Tartaruga Verde and Tartaruga Mestica fields). The FPSO will be deployed at Tartaruga Verde and Tartaruga Mestica fields. Modec and Schahin Group are responsible for the engineering, procurement, construction, mobilization, installation and operation of the FPSO, including topsides processing equipment as well as hull and marine systems.
SOFEC, Inc. (a subsidiary of MODEC): Contract to design and supply the spread mooring system