Business/economics

Petrobras Starts Production in Atapu Pre-Salt

Petrobras started production of oil and natural gas from the shared deposit of Atapu, through platform P-70, in the eastern portion of the Santos Basin pre-salt, near the Búzios field offshore Brazil.

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Petrobras started production of oil and natural gas from the shared deposit of Atapu, through platform P-70, in the eastern portion of the Santos Basin pre-salt, near the Búzios field offshore Brazil.

The platform is the fifth floating, production, storage, and offloading (FPSO) of the series of replicants; it can process up to 150,000 B/D and treat up to 6 million m3 of natural gas. The unit will operate in a depth of 2300 m, with an interconnection of up to eight producing and eight injection wells.

Petrobras holds 89.257% of the rights to the deposit in partnership with Shell Brasil Petróleo (4.258%), Total E&P do Brasil Ltda (3.832%), Petrogal Brasil (1.703%) and PPSA, representing the Union (0.950%).

With continued developments on the Iara, Mero, and Lapa projects, Brazil’s group production should reach 150,000 B/D by 2025, Total’s President of Exploration and Production Arnaud Breuillac said.