Sépia to Start Producing in August

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Nine and half years after the first oil shows, and almost seven years after its subsequent declaration of commerciality, the Sépia field is set to start producing next month, according to operator Petrobras.

MODEC, Inc.’s FPSO Carioca arrived at its location around two weeks ago and is charted for the next 21 years. It has a production capacity of 180,000 bopd and 6 million m³ of gas per day, as well as a storage capacity of 1.4 million barrels. There are currently 12 wells drilled on Sépia, 5 of those were drilled last year (3 for production and 2 for injection – CO2 reinjection is planned).

This is the first of 13 new platforms that will arrive on the pre-salt between 2021 and 2025. For next year, another two are expected: FPSO Guanabara (on Mero) and FPSO Almirante Barroso (on Búzios).

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