Guará: FPSO para piloto já fretada

Guara pilot production FPSO chartered

Jan 29, 2010

By OGJ editors
HOUSTON, Jan. 29 -- Petroleo Brasileiro SA (Petrobras) along with partners BG Group and Repsol YPF SA signed a letter of intent with the Schahin Group and Modec Inc. for a 20-year charter and operation of a floating production, storage, and offloading vessel that will be used for the Guara pilot production.

Guara is a presalt oil discovery in the Santos basin on Block BM-S-9 off Brazil.

The FPSO will have 65% Brazilian content and be capable of handling 120,000 bo/d and 5 million cu m/day of gas. Conversion work on the hull will take place outside of Brazil while several modules will be integrated in Brazil.

Petrobras expects Guara to go on stream in late 2012.

Flow tests, limited by equipment capacity, on the Guara presalt discovery well 1-SPS-55 (1-BRSA-594), in 2,141 m of water, produced at about 7,000 bo/d and Petrobras estimates that the well initially could produce at about 50,000 bo/d (OGJ, Sept. 14, 2009, Newsletter).

Petrobras believes that the area contains about 1.1-2 billion bbl of recoverable 30° gravity oil.

Operator Petrobras holds a 45% interest in the block. The remaining interest is held by BG 30% and Repsol YPF 25%.