Pre-Salt

Total announces first oil in Iara field in Santos Basin pre-salt

T&B Petroleum/Press Office
22/11/2019 14:55
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This marked the departure of the FPSO P-68, the first of two units to operate at the Iara field in the Santos Basin. The second is the P-70 which is expected to go live by 2020 and each platform has a capacity of 150,000 barrels of oil per day.

 

On January 12, 2018, Total acquired a 22.5% stake in Block BM-S-11A, where the Iara field is located, the acquisition is part of a strategic alliance with Petrobras, which is the operator with 42.5% in the field. Shell Brasil Petróleo 25% and Petrogal Brasil 10% also participate in the consortium.

 

"The first oil from the Iara field marks a new milestone for Total in Brazil. This increases our participation in the pre-salt area where the Total operated Lapa field is located and with the ongoing extended trials in the Mero field." said Arnaud Breuillac, president of exploration and production at Total.

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