The first well has come onstream at 22,000 bpd and in several days a second well is expected to come online and bring production up to 40,000 bopd and 700,000 cubic meters of gas per day. Production is expected to peak at 90,000 bpd during the second quarter of 2003.
Roncador Field was discovered in 1996 and holds proven reserves of approximately 2 billion barrels of oil equivalent. Initial output began in January, 1999 and was interrupted in March, 2001 when the P-36 sank.
The FPSO Brazil is under lease until 2007, when the P-52 is expected to be ready for operations. The FPSO was converted for use in record time of 15 months, between the time it was hired and the time it arrived in Roncador Field.
The FPSO Brazil is located in 1,290 meters of water and has the capacity to produce 90,000 bpd, store 1.7 million barrels of oil, process 3 million cubic meters per day of natural gas and inject 15,000 cubic meters of water per day.
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