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Bacalhau field development given go-ahead

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Oilfield Technology,


Equinor (operator) and ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area. The investment is approximately US$8 billion. First oil is planned in 2024. 

The Bacalhau field is situated across two licenses, BM-S-8 and Norte de Carcará. The resource is a high-quality carbonate reservoir, containing light oil with minimal contaminants.

The development will consist of 19 subsea wells tied back to a FPSO located at the field. This will be one of the largest FPSOs in Brazil with a production capacity of 220 000 bpd and 2 million barrels in storage capacity. The stabilised oil will be offloaded to shuttle tankers and the gas from Phase 1 will be re-injected in the reservoir.

The FPSO contractor will operate the FPSO for the first year. Thereafter, Equinor plans to operate the facilities until the end of the license period.

Lifetime average CO2 intensity is expected to be less than 9 kg per barrel produced, significantly lower than the global average of 17 kg per barrel. Work will continue through the lifetime of the field to reduce emissions and increase energy efficiency.


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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/01062021/bacalhau-field-development-given-go-ahead/

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