Petrobras begins deepwater Búzios field production

Offshore staff

RIO DE JANEIRO – Petróleo Brasileiro S.A. (Petrobras) has begun start-up of the early production system at the Búzios field in the Santos basin offshore Brazil. This will be the first large-scale and long-running production at the Transfer of Rights area.

The production system includes the FPSODynamic Producer, which is connected to well 2-ANP-1-RJS. Due to issues limiting gas utilization, its average production will be limited to 15,000 b/d of oil.

This early system will enable Petrobras to produce for a six-month period and gather data to enhance the field’s first permanent production system using platformP-74, which is in the final phase of conversion at the Inhaúma shipyard in Rio de Janeiro.

Búzios field is 200 km (124 mi) off the coast of Rio de Janeiro, at a water depth that ranges from 1,600 to 2,100 m (5,249 to 6,890 ft).

The Transfer of Rights is an assignment agreement signed byPetrobras with the Brazilian federal government to a set of Santos basin presalt areas and fields.

03/12/2015