pre-salt

New local content regulations could speed up the pace of presalt oil production by more than 21 billion bbl by the mid-2020s. Karoon and Parnaíba Gás Natural are the first companies to apply to change their contract terms. Petrobras, Shell, BP, ExxonMobil, Petrogal, and Anadarko are also interested.

Equinor and ExxonMobil continued their aggressive pursuit of acreage offshore Brazil, collecting more blocks in the country's 4th pre-salt bid round.

Since the first intelligent completion was installed 20 years ago, the systems have become increasingly complex in order to reach productivity and optimization goals, allowing real-time independent monitoring and management of each zone in the well.

This paper describes an extended-well-test campaign using intelligent completions in a presalt reservoir. To understand reservoir behavior during production better, several options were analyzed for the first extended well test.

Low oil prices have made the goal of this Petrobras project and its four partners to lower the break-even price of operating to USD 35/bbl.

Brazil is embarking on a 3-year round of bid sales offering international oil companies multibillion barrel prospects with better contract terms.

This paper presents the development of Sapinhoá field, covering the fast-track transition and decision-making process, from appraisal to conceptual and basic engineering of the Sapinhoá pilot project and on to its subsequent execution, highlighting the challenges, lessons learned, and results.

This paper presents information regarding the installation of intelligent-well completions (IWCs) in the Lula and Sapinhoá fields of the Santos basin presalt cluster (SBPSC).