Petrobras announces start of production at Tartaruga Verde field

6/25/2018

RIO DE JANEIRO -- Petrobras has announced the start of production at Tartaruga Verde field, in the deep waters of the Campos basin, by means of FPSO Cidade de Campos dos Goytacazes.

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FPSO Cidade de Campos dos Goytacazes. Photo: Petrobras.

The FPSO is located about 127 km off the coast of the state of Rio de Janeiro, in water depth of 765 m, with a capacity to process daily up to 150,000 bbl of oil and 3.5 MMcmg and 5 MMcm of gas compression.

Tartaruga Verde field has good quality oil (27º API), and is located in the southern area of the Campos basin, in the post-salt, in water depth ranging from 700 m to 1,300 m and with reservoirs at 3,000 m depth. It consists of two reservoirs, Tartaruga Verde, where Petrobras holds 100% interest, and Tartaruga Mestiça, a joint reservoir between the Union, represented by Pre-Sal Petróleo SA - "PPSA," with a 30.65% interest, and Petrobras with 69.35%. All of the field production will be offloaded by FPSO Cidade de Campos dos Goytacazes.

This is the second platform to start operations this year and will contribute to the increase of Petrobras' production under the 2018-2022 Business and Management Plan.

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