Campos Basin

Chevron authorized to restart Frade oil field offshore Brazil

Production was halted following a November 2011 offshore oil seep.

Chevron
01/04/2014 18:22
Chevron authorized to restart Frade oil field offshore Brazil Imagem: Divulgation Visualizações: 1160 (0) (0) (0) (0)

 

Chevron Corp. has received final approval to restart oil production from Frade field off Brazil and was expected to bring the field on at about 20,000 b/d, said Inpex Corp., one of the partners.
Production was halted following a November 2011 offshore oil seep in the Campos basin. At that time, production was 70,000 b/d. Brazil’s National Petroleum Agency (ANP) recently announced that production will be lower for the restart. In addition, regulators have said Chevron is to provide periodic reports regarding the reservoir conditions.
In 2011, Chevron reported well-control operations significantly reduced an oil seep believed to be coming from an appraisal well (OGJ, Nov. 21, 2011, Newsletter).
Earlier this year, a Brazilian judge dropped criminal charges against Chevron, drilling contractor Transocean Ltd., and 17 of their employees regarding the November 2011 seep (OGJ Online, Feb. 21, 2013).
Chevron has a 51.74% operating interest in Frade field. Partners are Petroleo Brasileiro SA 30%, and Frade Japao Petroleo Ltda., a joint venture of Inpex Corp., Sojitz Corp., and Japan Oil, Gas & Metals Corp. 18.26%.
Chevron started production at Frade field in 2009.


Chevron Corp. has received final approval to restart oil production from Frade field off Brazil and was expected to bring the field on at about 20,000 b/d, said Inpex Corp., one of the partners.


Production was halted following a November 2011 offshore oil seep in the Campos basin. At that time, production was 70,000 b/d. Brazil’s National Petroleum Agency (ANP) recently announced that production will be lower for the restart. In addition, regulators have said Chevron is to provide periodic reports regarding the reservoir conditions.


In 2011, Chevron reported well-control operations significantly reduced an oil seep believed to be coming from an appraisal well (OGJ, Nov. 21, 2011, Newsletter).Earlier this year, a Brazilian judge dropped criminal charges against Chevron, drilling contractor Transocean Ltd., and 17 of their employees regarding the November 2011 seep (OGJ Online, Feb. 21, 2013).


Chevron has a 51.74% operating interest in Frade field. Partners are Petroleo Brasileiro SA 30%, and Frade Japao Petroleo Ltda., a joint venture of Inpex Corp., Sojitz Corp., and Japan Oil, Gas & Metals Corp. 18.26%.


Chevron started production at Frade field in 2009.

Most Read Today
see see
E&P
Investments in exploration could reach up to US$ 2.3 bil...
03/04/25
OTC Houston 2025
Sebrae Rio: Registrations for the Technical Mission to O...
02/04/25
Company News
Global Reach Inspires OMMICA to Significant Sales Increase
31/03/25
Local Content
The National Agency of Petroleum, Natural Gas, and Biofu...
28/03/25
Pernambuco
RNEST Increases Processing Capacity with Completion of T...
28/03/25
Equatorial Margin
Petrobras Contributes to the Expansion of Brazil’s Conti...
28/03/25
iBEM25
Engineering Students Adapt Vehicle for Renewable Energy ...
28/03/25
iBEM25
Closing of iBEM 25: A Milestone in Latin America's Energ...
28/03/25
iBEM25
iBEM 25: Conference Addresses Challenges of Recycling Ma...
27/03/25
iBEM25
Company Promotes Well-Being Moments for iBEM 25 Participants
27/03/25
iBEM25
iBEM 25 Gathering Fosters Meaningful Networking in a Rel...
27/03/25
iBEM25
Plenary on Integrated Energies Discusses Aspects of Ener...
26/03/25
Rio de Janeiro
Rede de Oportunidades for Firjan SENAI SESI Suppliers Pr...
26/03/25
iBEM25
International Meeting in Bahia opens with representation...
26/03/25
iBEM25
iBEM International Kicks Off Highlighting Industry Poten...
25/03/25
iBEM25
Sponsored by Bahiagás, the event brings together all the...
25/03/25
Refining
Revap Celebrates 45 Years
25/03/25
Rio de Janeiro
Firjan's Rio Exporta Bulletin Highlights Record in Rio's...
25/03/25
iBEM25
International Energy Meeting kicks off this Tuesday in S...
25/03/25
Pre-Salt
Petrobras reports results of exploratory well in Campos ...
25/03/25
Company News
Bunker One centralizes multinational activities in Latin...
25/03/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.