Petrobras’ New Pre-Salt Record

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(Petrobras, 13.May.2015) – Petrobras announces that on April 11, 2015, oil production in the fields it operates in the pre-salt province of the Santos and Campos basins reached the milestone of 800,000 b/d, constituting a new daily production record. Of this volume, around 74% (590,000 b/d) corresponds to Petrobras’ share and the remainder belongs to its partner companies in different pre-salt layer production areas.

The 800,000 b/d output was achieved just eight years after the first oil discovery in the pre-salt layer, in 2006 – less time than was necessary to arrive at the same level in other offshore production areas. It took Petrobras 40 years and 6,374 wells to reach oil production of 800,000 b/d in Brazil. In Campos Basin, this same production volume was reached in 24 years, using 423 wells.

In the pre-salt, the 800,000 b/d milestone was achieved now with just 39 production wells. Of these wells, 20 are located in Santos Basin, which accounts for 64% of output (511,000 b/d), while the other 19 wells are located in Campos Basin, representing 36% of production (291,000 b/d).

On the day the record was achieved, 11 definitive production systems and one early production system were operating in the pre-salt layer. Seven of these systems were exclusively producing oil from this geological layer. This record was aided by the startup of the early production system installed in Búzios field in March of this year, using a dynamic producer platform-ship – the first extended oil and gas production in the “Cessão Onerosa” area. Another contributor to this result was the start-up of platform P-20 in the pre-salt layer in Marlim field, Campos Basin, which will contribute to future production growth in the area.

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