Bauna and Piracaba Oil and Gas Field

From A Barrel Full
Jump to navigation Jump to search

Summary Information

  • Operator: Karoon Energy
  • https://www.karoonenergy.com.au/
  • Country: Brazil
  • Location: Santos Basin
  • Production start: 2013
  • Partners:
  • Type: Oil & Gas
  • Estimated Reserves: Total recoverable volumes
    • 113 million barrels of oil equivalent (boe) for the Bauna Field
    • 83 million boe for the Piracaba Field
  • Production Volume:

Description

  • Baúna is located in concession BM-S-40, in the southern Santos Basin and comprises the Baúna and Piracaba light oil fields and the undeveloped Patola oil discovery. It is located approximately 50 kilometres from Karoon’s Neon and Goiá discoveries to the east and Clorita exploration block to the south. * Production from Baúna includes 6 oil production wells, 3 water injection wells and 1 gas injection well from two separate reservoirs, Baúna and Piracaba.
  • The field is operated using the Petrojarl Cidade De Itajai FPSO
    • It is capable of processing at least 80,000 barrels of oil per day and 70.0 MMscfd of production gas, injecting more than 96,000 barrels of water per day and storing 650,000 barrels of oil.
  • The Bauna And Piracaba Oil And Gas Field were previously known as the Tiro and Sidon Oil and Gas Field

Contractors

  • **Sembcorp:** FPSO Conversion
    • Detailed engineering, installation and integration of 16 topside modules, installation of spread mooring and power generation systems, accommodation upgrading as well as extensive piping and electrical cabling works.

History

  • 2010 - Sembcorp awarded FPSO conversion contract
  • 2011 - Further quantities of oil discovered
  • 2012 - The fields were declared commercial
  • 2013 - Petrobras starts production at Baúna field
  • 2019 - Petrobras agreed to sell the field to Karoon
  • 2020 - Karoon acqires the field

Geology

  • The Baúna Oligocene reservoirs have excellent geological characteristics for production. The reservoirs sandstones are laterally extensive, 10 to 40m thick, typically approximately 30% porosity and 2 to 6 Darcy permeability, with good aquifer support and high recovery factors. The reservoirs occur around 2000 metres below sea level in combined stratigraphic and structural traps which are well delineated by a strong seismic response on high quality 3D seismic data.

Links

  1. Sembcorp Marine's Jurong Shipyard Secures S$351 Million FPSO Conversion Contract
  2. Discovery of good quality oil in south Santos Basin
  3. Declarations of Commerciality of Light Oil in South Santos Basin
  4. Petrobras starts production at Baúna field, in Santos Basin
  5. Petrobras signs contracts for sale of shallow water assets in a total of US$ 1.5 billion