FPSO Cidade de Vitória kicks production

abarrelfullabarrelfull wrote on 09 Jul 2012 12:05
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November 19, 2007

PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces that vessel-platform FPSO Cidade de Vitória has been put online, marking the inauguration of Module II of the development of the Golfinho Field, in the Espírito Santo Sea.

Initially, the FPSO Cidade de Vitória will produce approximately 20,000 barrels per day of light oil (28° API), of higher commercial value, with the interconnection of well 7-GLF-16-ESS. By year’s end, the forecast is that two more producer wells will be interconnected and that the platform’s production will surge to 70,000 barrels per day.

When the FPSO’s peak production is reached, as foreseen for the first half of 2008, Espírito Santo’s production is expected to top-out at 200,000 barrels per day, up from the current 120,000 barrels per day.

The vessel-platform is capable of processing 100,000 barrels of oil and is anchored at a water depth of 1,386 m, nearly 50 km of the Espírito Santo coast.

The unit will be connected to four oil-producing wells, to two gas-producing wells, and to three water-injector wells. Oil production will flow through relief vessels, while the gas will be transported over a submarine gas pipeline to the Cacimbas Gas Treatment Unit, in Linhares-ES.

FPSO Cidade de Vitória going into production allows for an increase in higher-commercial value light oil participation in the company’s portfolio, an important step for Petrobras to achieve the production goals its Strategic Plan calls for.

The Golfinho field, located in the Espírito Santo Basin, is a deepwater light oil reserve. Discovered in July 2003, the field was declared commercial in January 2004 and production was kicked-off there, in the testing phase, in February 2006. Module 1 went online, with FPSO Capixaba, in May last year.


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