Government subsalt management company Pre-Sal Petroleo SA (PPSA) said the 14 subsalt areas that Brazil sold at the country's five production-sharing auctions will yield about 2.1MM b/d and 24.0MM m~3 (847.6MM cf)/d in new production by 2028. Subsalt output, which already accounts for more than 50% of Brazil's 2.3MM b/d of production, will start to trend steadily higher in 2021, when the first floating production, storage, and offloading (FPSO) vessel is installed at the Mero field in the Libra area. The FPSO will have installed capacity to produce 180.0K b/d and process 12.0MM m~3 (423.8MM cf)/d. Investments in the new areas will reach $144B to drill 316 injection and production wells that will feed 19 separate FPSOs.
展开▼
