Shell PLC subsidiary Shell Brasil Petróleo Ltda. has taken final investment decision (FID) on the Gato do Mato development in Block S-M-518 of Santos basin presalt, offshore Brazil.
Gato do Mato is a presalt gas-condensate discovery covering BM-S-54 and Sul de Gato do Mato blocks in 1,750-2,050 m of water. The development plan includes the installation of a floating production storage and offloading (FPSO) vessel designed to produce up to 120,000 b/d of oil.
The Gato do Mato FPSO will be moored about 250 km off the coast of Brazil. (OGJ Online, April 1, 2024).
Initial operations will reinject natural gas for reservoir pressure support, with future optionality to export gas to onshore installations.
The consortium anticipates Gato do Mato field to begin operations in 2029.
Estimated recoverable resource volumes of the Gato do Mato development are about 370 million bbl.
Shell (50%) operates Gato Do Mato (50%) on behalf of partners Ecopetrol SA (30%) and TotalEnergies SE (20%). The Brazilian government also participates in the shared production agreement through Pré-Sal Petróleo SA.
Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).