Offshore Activity

Brasco signs contract with QGEP for the Atlanta Field in the Santos Basin

August 30, 2017

According to Brasil Energia,  Brasco signed a contract for logistics support to the Atlanta field operated by Queiroz Galvão Exploration and Production (QGEP). The field is under development and is located 185 km from the coast in the Santos Basin in Rio de Janeiro.

Atlanta is a field derived from BS-4 block, in which Queiroz Galvão entered into a farm-in agreement in 2011. In 2013, the Atlanta Development Plan was approved by the ANP.

QGEP reveals in the Development Plan that there will be an Early Production System (EPS) , which will produce for a period of three years and will be followed by a Definitive System (DS) . The EPS includes the drilling of up to three producing wells connected to an FPSO (Floating Production, Storage and Offloading Unit) with production capacity of up to 30,000 barrels of oil per day (bopd), while the DS includes the drilling of additional wells, totaling a system with 12 horizontal wells, connected to an FPSO of 80k bopd of capacity. The development area is 115,920 km².

In a 1,550-meter water depth, Tejar’s Petrojarl I FPSO will be positioned and Brasco will initially provide port support for FPSO mooring equipment movements and support for subsea installation activities, by means of its base in the Island of the Conception, in Niterói. Subsequently, Brasco’s base will support FPSO’s production operations.

It is estimated that the operations will begin in September, with the logistics activities that precede the arrival of the FPSO. First oil is scheduled for the first quarter of 2018, with initial average daily production estimated at 20k bopd.

Categories: Offshore Activity

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