Petrobras: Campos E&P to Increase

Hydrocarbons E&P in Brazil's Campos basin will increasingly include revamping mature fields in coming years, an official with federal energy company Petrobras said during the opening ceremony of the Brazil Offshore conference.

"The increase in mature oil fields activity in the Campos basin would be equal to a big oil discovery in the region in terms of volume produced," Petrobras Campos business manager Carlos Eugenio Melro Silva da Ressurreicao said.

Petrobras on August 13 will celebrate the 30th anniversary of its first commercial activities in Campos. The Enchova field started production with volumes of 10,000b/d back in 1977. Thirty years later, Campos has 2,350 wells drilled and 45 fields operated by Petrobras. The federal company currently produces an average of 1.5Mb/d of oil and 22.1Mm3/d of gas.

Petrobras has 15 fixed rigs, 13 floating systems, 14 FPSO (floating production storage and offloading) vessels and one FSO (floating storage offloading) vessel in Campos. Petrobras by 2009 will install five more oil platforms in the Roncador, Marlim Leste and Marlim Sul fields, boosting the basin's oil production to roughly 1.75Mb/d.

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