Brazilian oil and gas player Enauta has concluded the production ramp-up of the first well in its three-well drilling campaign at a field offshore Brazil.
Enauta disclosed on Friday, 31 March 2023, that it had wrapped up the production ramp-up phase for the new well, 7-ATL-5H-RJS (5H), at the Atlanta field , which was connected to the FPSO Petrojarl I . As the well was completed on time, the costs determined so far are in line with the approved amounts, says the Brazilian player.
Even though the 5H well has demonstrated a higher potential, Enauta decided to keep its production stabilized at around 15 thousand barrels per day (bbl/d) for a longer period until it starts its natural downward curve, to preserve equipment, which will be replaced with the start of to the Full Development System (FDS) , estimated by mid-2024.
At that point, the FPSO Petrojarl I will be replaced by a vessel named FPSO Atlanta – currently being converted at Dubai Drydocks World – which will be deployed at the Atlanta field and operated under ABS Class , following conversion.
Currently, the daily production at the Atlanta field is approximately 22.0 thousand bbl/d. Located in block BS-4 in the Santos Basin , at a 1,500-metre water depth, the Atlanta field is operated by Enauta Energia, a wholly-owned subsidiary of the company, which also has a 100 per cent interest in this asset. The field’s reserves are estimated at 106 MMbbl.