New Well Test Begins at Sapinhoa North

BG Group announced Monday the start of a new extended well test in the Sapinhoá North area of the BM-S-9 concession in the pre-salt Santos Basin – the latest stage in the field's development plan.

The floating production, storage and offloading vessel (FPSO) Cidade de São Vicente was connected to the 3-BRSA-788-SPS well, in water depths of approximately 7,000 feet.

BG said the FPSO will operate in the area for up to six months, gathering technical information on reservoir behavior and oil flow in the subsea lines, along with other data. During this initial test phase the well is expected to produce at around 15,000 barrels of oil per day (bopd) – as authorised by Brazil's National Agency for Petroleum, Natural Gas and Biofuels.

Commercial production from the Sapinhoá discovery began early last month when FPSO Cidade de São Paulo started up, on time and on budget, with a capacity to process 120 000 barrels of oil per day and 176 million standard cubic feet of gas per day.

Another FPSO, the Cidade de Ilhabela, also known as FPSO 4, will produce from the Sapinhoá field and is on track to start production in the second half of 2014. This second FPSO has a production capacity of 150,000 barrels of oil per day and 212 million standard cubic feet per day of natural gas.

BG Group has a 30-percent interest in block BM-S-9, with operator Petrobras holding 45 percent and Repsol Sinopec Brasil 25 percent.


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