Repsol begins production from one of Brazil's largest oil fields

Wednesday, Jan 09, 2013

The consortium formed by Repsol, Petrobras and BG Group has begun commercial production at the Sapinhoá field, located in block BM-S-9 of the Brazilian pre-salt region, producing high quality crude oil that will contribute decisively to the company's growth plans for the coming years.

The first producing well (Guara-1) with more than 25,000 barrels of daily production potential, has been connected to the Cidade de São Paulo platform, ahead of its scheduled start-up date. Further wells will be connected to the platform in the coming months to reach a production of 120,000 barrels of crude oil per day in the first half of
2014.

In a second development phase of the Sapinhoá field, the Ilhabela Cidade platform, with a daily production capacity of 150,000 barrels of oil and 6 million cubic meters of gas, will be installed and is expected to begin operation in the second half of 2014.

Source: Repsol

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