Petrobras Restarts Extended Well Test at Tupi
Petrobras announced that oil and natural gas production has been resumed for the Extended Well Test (EWT) for the Tupi Area, in the Santos Basin's Pre-Salt Pole, on September 5. Well 3-RJS-646 was closed in early July 2009 for the replacement of the Wet Christmas Tree (a submarine well flow control device) and went back into normal production. The device was replaced successfully in less than two months, in full compliance with the Company's strict health, safety and environmental policies (HSE). The return was much faster than the initial estimates of up to 4 months.
With the resumption of the EWT, the Company will continue collecting important data in order to get to know the long-term behavior of the reservoirs that are in production, to learn how fluid will move and drain during production, and it will gather information about submarine outflow, fundamental knowledge to prepare the development plan for the Santos Basin's Pre-Salt Pole area.
The Tupi area is operated by Petrobras (65%) in partnership with BG Group (25%) and Galp Energia (10%).
- Oil May Bring 400,000 Jobs and $258B in Investments to Brazil (Jan 17)
- Petrobras Sells Rights in 37 Oilfields for $823MM (Nov 28)
- Brazil Subsea Pipeline Project Goes to McDermott (Nov 21)
Company: BG Group more info
- Shell Mulls LNG-Hub Network as Use by Ships and Trucks Expands (Jul 11)
- Tanzania Laws Would Allow Govt to Tear Up Mining, Energy Deals (Jun 29)
- Despite Cuts, Big Oil to Expand Production into the 2020s (Sep 05)
Company: Galp Energia more info
- Galp To Start Drilling Exploration Well Offshore Portugal (Jul 02)
- Galp Says Little Impact From Portuguese Refineries Strike (Jun 14)
- Galp Cuts Investment Plan, Sees Higher EBITDA Growth (Feb 21)