Odebrecht and Teekay received a letter of intent from the Libra consortium to charter an FPSO for the extended well test campaign in the Libra area of the Santos Basin pre-salt, offshore Brazil, Petrobras announced on 10 October 2014.
The two companies will form a 50-50 joint venture to operate the FPSO.
Petrobras CEO Maria das Gracas Foster announced in mid-September at the Rio Oil & Gas conference that she expected the contract for the Libra FPSO to be signed that month.
The Libra consortium is made up of Petrobras (operator, 40%), Shell (20%), Total (20%), CNPC (10%), and CNOOC (10%), together with Pré-Sal Petróleo S.A. (PPSA) as the consortium manager. Petrobras said the FPSO delivery and first well test are planned for 4Q 2016.
The tests will be carried out in several areas of the Libra block in order to gather more information about the area and evaluate production. Petrobras said that based on the information gathered, the consortium will determine the best production system for the area.
For each of these tests, two wells will be connected to the FPSO: a producer of oil and an injector for gas. Petrobras said the tests will be the first to use gas re-injection.
The proposed FPSO will have a processing capacity of 50,000bo/d and a capacity of 4MMcm/d for gas injection. Petrobras said the majority of gas produced will be rejected back into the reservoir to maintain pressure, while a small portion will be consumed during operations
Petrobras also said that the consortium began drilling two wells on the Libra block. It was announced in August that the Schahin Cerrado drillship spud the first of the two Libras wells, 3-RJS-731. The well will be drilled to 5850m final depth, about 170 km off the coast of Rio de Janeiro state and about 5km southwest of discovery well 2-ANP-2A-RJS.
Located in the Santos Basin, 183km off the coast of Rio de Janeiro, Libra covers 1500sq km.
According to Brazil’s national petroleum agency ANP, Libra has recoverable reserves estimated between 8-12 billion boe. PPSA CEO Oswaldo Pedrosa told OTC in May that the consortium expects Libra will produce more than 1MMb/d by 2022, and to reach that capacity, it will need 10-15 FPSO units handling 100,000-150,000b/d.
Image: Maria das Gracas Foster/Petrobras
Read more:
Subscribe
