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Home›Business & Finance›Third Brazilian well comes back on stream
Business & Finance

January 11, 2024 · about 2 years ago

Third Brazilian well comes back on stream

Brazilian oil and gas player Enauta has restarted production from another well at a field offshore Brazil.

2 minutes read
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FPSO Petrojarl I; Source: Enauta

Brazilian oil and gas player Enauta has restarted production from another well at a field offshore Brazil.

Following issues in the subsea pumping electrical system adopted for the FPSO Petrojarl I , Enauta temporarily halted the Atlanta field ’s production in July 2023. After the reinstallation of the subsea pumping equipment at one of the wells, production resumed on November 5, with well #5 flow managed at 12,000 bbl/day, below peak capacity of over 15,000 bbl/day, due to the FPSO’s limitations.

While the production from well #4 resumed on December 2, with an estimated flow rate above an average of 6,000 bbl/day, the third well was expected to be back online within 30 days. According to Enauta, the well #2 was brought online on January 1, 2024.

Currently, the well is going through the final steps of stabilization. Since the FPSO has now reached its full capacity with three wells on stream, the Atlanta field’s production registered by January 9, was 21,200 bbl/day.

Furthermore, the Brazilian player is also working on replacing the FPSO Petrojarl I with the FPSO Atlanta , which the company bought for Atlanta’s Full Development System (FDS) in 2022. To this end, the naming ceremony for the FPSO Atlanta was held at the Dubai Drydocks World shipyard on December 13, 2023.

Enauta claims that the naming ceremony has hallmarked the near conclusion stage of completion for the vessel’s industrial plant and the start of its commissioning phase. The FPSO Atlanta’s first oil is expected in August 2024, originally with six wells, reaching ten wells in 2029, in line with its development schedule at project sanctioning.

Located in block BS-4 in the Santos Basin , at a 1,500-meter water depth, the Atlanta field is operated by Enauta Energia, a wholly-owned subsidiary of the company, which also has a 100% interest in this asset. The field has been producing since 2018.

Enauta is working on expanding its portfolio. As a result, the Brazilian firm recently signed a contract with Petrobras for the acquisition of oil and gas fields in the Santos Basin and natural gas pipeline infrastructure. The company also inked a contract to acquire the FPSO Cidade de Santos operating in the Uruguá and Tambaú fields.

In addition, Enauta set the wheels into motion to acquire the entire stake held by QatarEnergy Brasil in the oil fields of Abalone, Ostra, and Argonauta, comprising the Parque das Conchas.

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