Jambon Boats is proud of Brazil’s incentive to explore with presalt oil, which is described on the US Energy Information Administration’s website as so:
“In 2005, Petrobras drilled exploratory wells near the Tupi field and discovered hydrocarbons below the salt layer. In 2007 a consortium of Petrobras, BG Group, and Petrogal drilled in the Tupi field and discovered an estimated 5-8 billion barrels of oil equivalent (boe) resources in a presalt zone 18,000 feet below the ocean surface under a thick layer of salt. EIA defines ultradeep drilling in the Gulf of Mexico as 5,000 feet or more. Further exploration showed that hydrocarbon deposits in the presalt layer extended through the Santos, Campos, and Espirito Santo basins.
Presalt oil is generally characterized as oil reserves situated exceptionally deep under thick layers of rock and salt and requiring substantial investment to extract. The large depth and pressure involved in presalt production present significant technical hurdles that must be overcome. Further, the scale of the proposed expansion in production will also stretch Petrobras' financial and technical resources.
Petrobras plans to develop its major pre-salt assets in three discrete phases: 1) extended well tests; 2) pilot projects; and 3) large-scale production through multiple, duplicate floating production, storage, and offloading (FPSO) facilities.
Following Tupi, many presalt finds were announced in the Santos Basin. Pilot projects in the Lula and Sapinhoa fields began production in 2009 and 2010, respectively. In 2013, Brazil produced an average of 303,000 bbl/d of oil from its presalt fields. In October 2014, Brazil produced an average of 607,000 bbl/d of oil from the presalt fields.”
“In 2005, Petrobras drilled exploratory wells near the Tupi field and discovered hydrocarbons below the salt layer. In 2007 a consortium of Petrobras, BG Group, and Petrogal drilled in the Tupi field and discovered an estimated 5-8 billion barrels of oil equivalent (boe) resources in a presalt zone 18,000 feet below the ocean surface under a thick layer of salt. EIA defines ultradeep drilling in the Gulf of Mexico as 5,000 feet or more. Further exploration showed that hydrocarbon deposits in the presalt layer extended through the Santos, Campos, and Espirito Santo basins.
Presalt oil is generally characterized as oil reserves situated exceptionally deep under thick layers of rock and salt and requiring substantial investment to extract. The large depth and pressure involved in presalt production present significant technical hurdles that must be overcome. Further, the scale of the proposed expansion in production will also stretch Petrobras' financial and technical resources.
Petrobras plans to develop its major pre-salt assets in three discrete phases: 1) extended well tests; 2) pilot projects; and 3) large-scale production through multiple, duplicate floating production, storage, and offloading (FPSO) facilities.
Following Tupi, many presalt finds were announced in the Santos Basin. Pilot projects in the Lula and Sapinhoa fields began production in 2009 and 2010, respectively. In 2013, Brazil produced an average of 303,000 bbl/d of oil from its presalt fields. In October 2014, Brazil produced an average of 607,000 bbl/d of oil from the presalt fields.”