Cidade de Itaguai FPSO starts production from Santos basin

The Cidade de Itaguai floating production, storage, and offloading vessel started production on July 31 from the Iracema North area of Lula field on the Petroleo Brasileiro SA-operated BM-S-11 block offshore Brazil.

The FPSO, anchored in 2,220 m of water 240 km offshore Rio de Janeiro, arrived to the area at the beginning of last month (OGJ Online, July 7, 2015). Its first connected well, 7-LL-36A-RJS, has the potential to produce 32,000 bo/d. Eight production wells and nine injection wells will be connected to the FPSO, which is expected to reach peak production of 150,000 bo/d in early 2017.

Cidade de Itaguai is the second leased FPSO deployed on the Iracema development following Cidade de Mangaratiba’s start-up last year (OGJ Online, Oct. 15, 2014), and doubles the gross production capacity to 300,000 bo/d and 16 million cu m/day of natural gas from the area. Cidade de Itaguai will also be able to store 1.6 million bbl of oil.

Petrobras describes the oil from Iracema North as high quality with medium density at 30º gravity (OGJ, May 4, 2015, p. 88). It will be transported by shuttle tankers.

Petrobras holds 65% interest in Block BM-S-11, with BG E&P Brasil Ltda. 25% and Petrogal Brasil SA 10%.