Brazil Petrobras Starts Gas Output At Two Offshore Fields
June 15 2009 - 3:43PM
Dow Jones News
Brazilian state-run energy giant Petrobras (PBR) said Monday
that it had started natural gas production at two offshore
fields.
The Cangoa and Camarupim fields, which lie off the coast of
Espirito Santo state, started production on June 10, Petrobras
said.
The two fields were part of the company's Plangas, an ambitious
investment plan made in 2006 to boost natural gas output from
Brazilian reserves. The natural gas will be piped to the company's
UTGC treatment facility in Linhares.
Cangoa output started via the 7-CAN-1D-ESS well, connected to
the Peroa platform, Petrobras said. The field lies about 42
kilometers off the coast in 60 meters of water, with production
capacity of about 400,000 cubic meters of gas per day.
Camarupim output started via the 7-CMR-1H-ESS well, which is
connected to the FPSO Cidade de Sao Mateus. Three additional wells,
which have already been drilled, will also be connected to the
floating production, storage and offloading vessel.
The Cidade de Sao Mateus is the first FPSO dedicated to natural
gas production in Brazil.
The FPSO is anchored in 790 meters of water, with production
expected to reach six million cubic meters of gas and 8,000 barrels
of condensate per day. The Cidade de Sao Mateus has installed daily
capacity of 10 million cubic meters and 35,000 barrels of oil.
Camarupim is a joint venture between Petrobras, which holds a
75% stake, and El Paso Corp. (EP). El Paso holds a 25% stake.
-By Jeff Fick, Dow Jones Newswires; 55-21-2586-6085;
jeff.fick@dowjones.com