Brazilian state-controlled oil and gas producer Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Wednesday it expects to produce 500,000 barrels a day from offshore Espirito Santo state by 2015, up from about 10,000 barrels a day in 2000.
Brazilian state-controlled oil and gas producer Petroleo Brasileiro SA
(PBR, PETR4.BR), or Petrobras, said Wednesday it expects to produce 500,000
barrels a day from offshore Espirito Santo state by 2015, up from about 10,000
barrels a day in 2000.
Petrobras' output from offshore Espirito Santo, in southeast Brazil, will reach
between 220,000 barrels a day and 240,000 barrels a day by the end of 2010,
Jose Antonio de Figueiredo, the company's executive manager exploration and production,
south-southeast region, told reporters in Rio de Janeiro.
Figueiredo spoke ahead of Thursday's inauguration of Petrobras' P-57 platform,
a new floating production, storage and offloading vessel, or FPSO, which will
be installed at the Jubarte field in the Parque da Baleias area, about 80
kilometers from the coast of Espirito Santo. P-57 will have a production
capacity for 180,000 barrels of oil a day and will reach its peak production by
early 2012, he said.
The new platform will start production in November and by the end of 2010 will
already be producing 30,000 barrels a day from two wells, according to
Figueiredo.
"It's a new platform that will operate on a large scale," Figueiredo
said. "All
wells will be connected during 2011."
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