Offshore Activity

Total is the first private pre-salt production operator

December 7, 2017

The ANP board approved the transfer of 35% of Petrobras’ stake and the operation of the Lapa field, in the pre-salt Santos Basin, to Total. The agency’s board decided to segregate the Lapa development area into a new concession agreement.

The acquisition of 35% of the field of Lapa is part of a business announced in March of this year by Petrobras and Total involving E & P and natural gas assets valued at US $ 2.2 billion. The oil company is currently licensing the drilling of eight wells in the Lapa field.

The Lapa field went into operation in December of last year. The production is under the FPSO Cidade de Caraguatatuba, chartered by Petrobras to Modec.

The field currently produces 57,800 barrels per day of oil and 1.5 million cubic meters per day of natural gas. The FPSO is the 13th largest production unit in the country and currently produces from three wells.

The Lapa field is located in the former block area BM-S-9 and is still operated by Petrobras with a 45% stake. After approval by the ANP, Total will have 35% of the area in partnership with Shell (30%), Repsol Sinopec Brasil (25%) and Petrobras (10%).

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