Posted by In 2005, the pre-salt drilling campaign and the subsequent discovery of Lula represented a paradigm shift in Brazil’s E&P scene.
By Jul-2020, Búzios set a record production of 674k bbl/day. Let’s compare these assets during the development phase:
The well 1-BRSA-369A-RJS, Lula wildcat, took nearly 300 days to be drilled and tested.
The first Extended Well Test began 30 months later, producing 12k bbl/day on average.
The FPSO Cidade de Angra dos Reis – first definitive infrastructure – arrived 18 months later, 4 years after the wildcat conclusion.
Búzios was discovered 3.5 years later by the well 2-ANP-1-RJS, which took 150 days to be drilled and tested. The first EWT was carried five years later, averaging 10,300 bbl/day.
The FPSO P-74 launched production on Sep-2018, nearly eight years after the discovery.
When we compare the first two years of the definitive production system, Búzios has been developing its infrastructure considerably faster.
In the same period of 24 months, Búzios established 4 platforms, reaching a production of more than 500k bbl/day with 3 of its 4 FPSOs working close to maximum processing capacity.