The director of exploration and production at Petrobras, Fernando Borges, said that Petrobras is close to launching the process of contracting the HISEP module for the Júpiter field, in the Santos Basin . As a reminder, HISEP is a new technology developed and patented by the state-owned company for the separation and reinjection of CO2 existing in oil into reservoir rocks. According to the executive, contracting the technology is a crucial step to make the production of Jupiter viable, due to the characteristics of the oil in the deposit.

“In Jupiter, we are about to go to the market for the HISEP module. It is an important step in the technological development of HISEP. [The technology] is an important element for the economy of the Jupiter deposit, given the characteristics of the high CO2 content of the area, but with a high amount of condensate and a lot of hydrocarbon to be produced. So, hiring HISEP is a technological route that we are following to make Jupiter viable”, declared Borges, during a virtual conference with investors held this morning.

In September of last year, Petrobras announced the completion of the formation test of the Jupiter Discovery Assessment Plan. The results announced pointed to the excellent productivity of the well, containing condensed oil with high added value and high flow rates, thus reinforcing the potential of the area. Jupiter belongs to the BM-S-24 concession, in which Petrobras is the operator, with an 80% stake, in partnership with Petrogal (20%).

The executive director of development at Petrobras, João Henrique Rittershaussen, also highlighted the technological challenges that the Jupiter area imposes on the company: “Regarding the Jupiter asset, Petrobras continues to evaluate the project. It has a large volume of oil in place and important technological challenges in relation to the amount of CO2 present in the reservoir”, explained Rittershaussen. “But we are doing a strong job to bring this project into a resilience scenario, so that the total cost of development is supported within the resilience value of 35 dollars per barrel, which is a very important number in the development of new projects”, he concluded.

Petrobras assesses that with the auction of surplus volumes from Sépia and Atapu, scheduled for the end of this year, there is a possibility for new development projects to increase production, including new units for these fields. “We have enough oil to support a project in each of these two deposits,” said director Fernando Borges. The executive also finished talking about the Búzios field, which can receive a total of up to 12 platforms. Currently, there are four units in production in the area and another five in the process of construction or contracting. “So we are working on Búzios 10, Búzios 11, Búzios 12. We have a very interesting set of projects ahead,” he added.

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