Petrobras declares Entorno de Sapinhoá fields commercial (Brazil)

Brazilian oil company Petrobras has filed the declarations of commerciality notices for oil accumulations located in areas adjacent to the Sapinhoá field, in the pre-salt layer of the Santos Basin, offshore Brazil.

Cidade de Ilhabela FPSO (Image source: Petrobras)

The Entorno de Sapinhoá area was acquired by the consortium in 2017, in the 2nd Bidding Round under the production sharing agreement regime.

In the declarations submitted to the regulatory agency, the names suggested for the new fields were Nordeste de Sapinhoá, Noroeste de Sapinhoá, and Sudoeste de Sapinhoá.

According to Petrobras, the new fields should be unitized with the Sapinhoá field once the corresponding Production Individualization Agreement is defined.

The Sapinhoá field is located about 300 km off the coast in ultra-deep waters, with current production of 250 thousand barrels of oil per day through the FPSOs Cidade de São Paulo and Cidade de Ilhabela.

The Entorno de Sapinhoá consortium, which has the same members as the Sapinhoá consortium, is led by Petrobras – with 45% stake – in partnership with Shell (30%) and Repsol Sinopec (25%), and Pré-Sal Petróleo S.A. (PPSA) acting as manager of the production sharing contract.

Entorno de Sapinhoá (Image by Petrobras)

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply