World of oil and gas ///

Shell has announced the start of oil production from the third phase of the deepwater Parque das Conchas (BC-10) development in Brazil’s Campos basin. Production for this final phase of the project should add up to 20,000 boed, at peak production, from fields that have already produced more than 100 MMbbl since 2009. Operated by Shell (50%) and owned together with ONGC (27%) and QPI (23%), Parque das Conchas Phase 3 comprises five producing wells in two Campos basin fields (Massa and O-South) and two water injection wells. The subsea wells sit in water depths greater than 5,900 ft and connect to the Espirito Santo FPSO.

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