Ibama releases Petrobras’ deepwater Long Term Test production from Sergipe

December 12, 2019

Petrobras received from Ibama an operating license authorizing the start of the Farfan Reservoir Long Term Test, one of the discoveries made in the region. The plan foresees the installation of FPSO Cidade de São Vicente, connected to a production well. The license is valid for up to 180 days and by determination of Ordinance No. 422 of October 26, 2011, of the Ministry of Environment (MMA).

The company intended to perform the long-term test (TLD) in 2018. The FPSO Cidade de São Vicente is owned by BW Offshore and is contracted by Petrobras until the second quarter of 2020 – TLDs typically last six months. It has capacity to produce up to 30 thousand barrels / day of oil, connected to a well.

With the review, the deadline for completing the campaign in Cumbe, Farfan and Barra, discoveries made in the region, was postponed by one year from 2019 to December 2020. Decision is of the board of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

Great potential in Sergipe

About six years ago, Petrobras made giant discoveries of oil and natural gas off the Sergipe offshore, with great gas production potential. Since then, the projects have been postponed and the current schedule is to install two definitive FPSOs by 2020. The company even seeks a new partner for the project, which is partially for sale.

Only one discovery, Poço Verde, has 11.9 billion (P50) m³ of natural gas in place (VGIP). Volumes estimated for one of the reservoirs explored during well 1-BRSA-1022-SES discovery assessment plan (PAD), which began in 2013 and completed last year. The PAD encompasses contract areas BM-SEAL-4A (where ONGC is a 25% partner) and BM-SEAL-11 (100% Petrobras).

Source: epbr

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