[DantesPeak]

Per the request above:

$this->bbcode_second_pass_quote('', 'T')upi test flows 'capped at 14,000 bpd'
News wires
Petrobras is unlikely to produce more than 14,000 barrels per day during extended well tests at the Tupi field, in the Santos basin's pre-salt fairway, the Brazilian giant's chief financial officer Almir Guilherme Barbassa said.

The tests, which will run for 15 months, are being carried out from the floating storage, production and offloading vessel Cidade de Sao Vicente.

"While the platform capacity is 30,000 bpd, we do not expect to produce more than 14,000 bpd due to limits on the amount of gas we may flare," BNamericas quoted Barbassa as saying in a webcast.

Petrobras aims to gather "important" information from the testing, such as the long-term behavior of the producing reservoir and information on fluid flows and drainage, subsea outflow and the geometry of final wells, he added.

The project poses many challenges but so far has met expectations, Barbassa said, adding: "We continue to remain as optimistic as ever about the economic viability of this reservoir."

Challenges at Tupi include operating christmas trees at record water depths and reinjecting carbon dioxide associated with fluids produced in the reservoir. Completing wells in the high-pressure environment and acquiring high-resolution seismic will also be difficult.

[AirlinePilot]

I just hate it when facts get in the way of Cornucopia!

http://www.thisislondon.co.uk/standard- ... article.do

BG beats BP with new ‘supergiant’ find in Brazil’s Santos Basin

$this->bbcode_second_pass_quote('', 'T')he latest find by BG in the deep water off Brazil is a “supergiant” field and one which will outshine BP's “giant” discovery last week in the Gulf of Mexico, the company said today.

BG, the UK-based international oil and gas explorer, said today its Guara oil find in the oil and gas-rich Santos Basin in the south Atlantic contains between 1.1 to two billion recoverable barrels. That would indicate that Guara would dwarf Tiber, the major find south of Houston which BP trumpeted last week.

BP said Tiber, at six-and-half miles one of the deepest wells ever drilled, could contain as much as 3 billion barrels of oil though with today's technology only 500 million of that would be recoverable. That would make the Guara at least twice as big as Tiber and potentially four times as big.

[mcgowanjm]

Problem with Deepwater, besides the MT Everest type
distance to payday.

Asymptote comes quickly with declination rates of 13+% (IEA-WEO-2008).

[copious.abundance]

*sigh*
$this->bbcode_second_pass_quote('', '&')quot;While the platform capacity is 30,000 bpd, we do not expect to produce more than 14,000 bpd due to limits on the amount of gas we may flare," BNamericas quoted Barbassa as saying in a webcast.

[jeromie]

Deep Water producers can always avail themselves of a license from Syntroleum to convert that gas on site directly to very high grade distillate. Syntroleum has new management and will now do licensing that works. Whatever gas these people produce can now be sold as distillate at a 50 % consumption rate of gas at the wellhead.

Syntroleum has already tested a direct to process to barge and transport ship technique. Historically, they always wanted part of the action and did not want to license.

They need flare very little and the marginal revenues from gas otherwise flared should be a mighty good way to allow them to produce up to capacity. Of course, they would also get revenues from gas driven by the added production.

[vtsnowedin]

$this->bbcode_second_pass_quote('DantesPeak', 'P')er the request above:

$this->bbcode_second_pass_quote('', 'T')upi test flows 'capped at 14,000 bpd'
News wires
Petrobras is unlikely to produce more than 14,000 barrels per day during extended well tests at the Tupi field, in the Santos basin's pre-salt fairway, the Brazilian giant's chief financial officer Almir Guilherme Barbassa said.

The tests, which will run for 15 months, are being carried out from the floating storage, production and offloading vessel Cidade de Sao Vicente.

"While the platform capacity is 30,000 bpd, we do not expect to produce more than 14,000 bpd due to limits on the amount of gas we may flare," BNamericas quoted Barbassa as saying in a webcast.

Petrobras aims to gather "important" information from the testing, such as the long-term behavior of the producing reservoir and information on fluid flows and drainage, subsea outflow and the geometry of final wells, he added.

The project poses many challenges but so far has met expectations, Barbassa said, adding: "We continue to remain as optimistic as ever about the economic viability of this reservoir."

Challenges at Tupi include operating christmas trees at record water depths and reinjecting carbon dioxide associated with fluids produced in the reservoir. Completing wells in the high-pressure environment and acquiring high-resolution seismic will also be difficult.