Santos Basin
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Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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The supermajor says it aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years.
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BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule.
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The new vessel, P-78, will be deployed on the Buzios field in the Santos Basin offshore Brazil.
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Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.
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In the wake of the falling number of exploratory wells in the country, Brazil-owned Petrobras addressed audience concerns as well as outlined new avenues for production at the Offshore Technology Conference.
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Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
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Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
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The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
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FPSO to be connected to high-pressure subsea separation technology pilot project.
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