The Libra Consortium – Petrobras (40%), Shell (20%), Total (20%, CNOOC (10%) and CNPC (10%) – is expected to launch a bid for a new phase of asset development in the Santos Basin pre-salt. With 17 wells, this will be the largest integrated well services package bid by Petrobras, and the trend is that only one supplier will be responsible for the demand.
The integrated contracting model was applied in the first phase of development of Libra, with Halliburton. For two years and nine months from November 2016, the contract provided for the construction of up to nine wells, five of which were firm. In the scope were drilling services, profiling and training tests, as well as the supply of drills, fluids and completion tools.
The Libra consortium has drilled 13 wells in the block since 2014, at an average water depth of 2,061 m, and in eight of them – all of extension – have been found signs of oil. One of these wells, 3-BRSA-1310-RJS, was permanently abandoned, while 3-BRSA-1255-RJS is listed as “equipped awaiting production start” in the ANP database.
Also on the list is the 3-BRSA-1350-RJS, which gave rise to the Mero field, whose commerciality was declared on November 30 of last year. Perforated in water depth of 2,098 m between June and October 2017 by the West Carina rig, the well reached a depth of 5,877 m.
Until this report was closed, Petrobras drilled the well 3-BRSA-1355-DRJS in water depth of 1,988.5 m with the West Tellus rig, which also belongs to Seadrill. It was started in November of last year.
The consortium is expected to drill four more wells in Libra this year, completing a total of 17 planned in the first phase of development of the bloc.
Bids
Suppliers were waiting until mid-April to launch a bid by Statoil to contract well services for the second phase of Peregrino’s development in the Campos Basin, which will have a total of 22 wells, 15 of which are producers and seven injectors .
Another expectation is around the Lapa field in the Santos Basin, whose operator Total will go to the market to contract well services between this year and the beginning of 2019. The scope of competition should include the construction of three to five wells , but the most likely is that the French oil company will only drill two at first.
Licensing
Shell will launch – possibly later this year – a competition to acquire well services for the development of Gato do Mato, in the pre-salt of the Santos Basin. The area was acquired in the 3rd Round of Production Sharing, in October of last year, in partnership with Total.
Another good news is that PetroRio has started the second phase of the Polvo field revitalization plan in the Campos Basin, which provides for investments of US $ 20 million in the drilling of three wells. According to the company, the figure could reach $ 50 million, depending on the results obtained. The estimated time for completion of the three perforations is six months. Much of the well service is provided by BHGE.
The activities aim to continue Phase 1, held in the first quarter of 2016, which resulted in a 20% increase in the production and volume of reserves in the field. Revitalization is expected to extend the economic life of Polvo in five years, until 2026.
Source: Brazil Energy
Brazil Energy Insight 
Leave a comment