Sunday, August 3, 2008

Jubarte field production slated to begin

Petrobras President José Sergio Gabrielli de Azevedo confirmed that production from the first pre-salt well in the Jubarte field in Brazil's offshore Campos Basin will begin next month.

Initial production is expected at 10,000 b/d; the well is interconnected to platform P-34, which went online in late 2006. Speaking at a press conference in London, Gabrielli also said long duration testing at Tupi, located offshore Brazil in the Santos Basin, is scheduled to take place in March 2009. The pilot project will take place in 2010, with initial production estimated to reach 100,000 b/d of oil and some 3.5 MMcm/d (123.6 MMcf/d).
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