New, deep-water production has come online from the Brazilian pre-salt Santos Basin. Shell Brasil Petróleo Ltda. (Shell Brasil) and its consortium partners today announced the start of oil and natural gas production at the P-68 floating production, storage, and offloading unit (FPSO), located in BM-S-11-A Concession in Berbigão, Sururu and West Atapu.
The FPSO can process up to 150,000 barrels of oil and 6 million cubic meters of natural gas daily. Operated by Petrobras, P-68 features ten producing wells and seven injection wells.
This new production at P-68 adds to Shell’s already prolific deep-water portfolio in Brazil. With the development in Iara, the company is opening a new production frontier in the Pre-Salt. This is also the first step in developing the large resource potential at Sururu.
Key data points: The growth forecast = 6.6% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in smart oilfield market to 2031 by component (hardware, software, and services), technology (internet of things, artificial intelligence & machine learning, cloud computing, data analytics, and automation & remote monitoring), application (upstream activities, midstream activities, and downstream activities), end use (independent oil & gas operators, national oil companies, international oil companies, service companies, government & regulatory bodies, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages“It has been a banner year for Shell Brasil,” said Wael Sawan, Shell’s Upstream Director. “From winning new acreage to setting records in drilling and production, the country continues to solidify its place as a heartland in our Upstream portfolio.”
“Brazil is home to some of the best deep-water opportunities in the world and we look forward to working with Petrobras and other partners to progress additional development plans,” he added.
