February 8, 2019
Equinor will install two FPSO-type platforms to produce oil and gas in Carcará, in the Santos Basin pre-salt. The first production facility, with capacity for 220,000 barrels per day of oil and 15 million m3 / day of natural gas, will be the largest in the country and is expected to come on stream in July 2024.
The second platform, which may represent a second phase of development of Carcará, is still under study by the consortium led by Equinor.
The production system designed by the company includes 32 wells, including 12 producing wells, four water injectors, four gas injection wells and 12 contingency wells. Equinor already has a well drilling license in the region and intends to expand the current licensing for the drilling of planned development wells.
The Norwegian company bought in 2016 Petrobras’ 66% stake in the Carcará project in the BM-S-8 exploratory blocks area for US $ 2.5 billion. In October 2017, after acquiring the North Block of Carcará, in the 2nd auction of pre-salt sharing, by the consortium formed between Equinor, ExxonMobil and Galp started the corporate reorganization in the project.
Equinor sold half of its stake in BM-S-8 to ExxonMobil for $ 1.3 billion. In addition, there was an agreement with Queiroz Galvão E & P (QGEP) and Barra Energia, which left the BM-S-8 consortium, and left the project distributed between Equinor (40%), ExxonMobil (40%) and Galp (20%).