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Petrobras to launch Tupi oil production three month ahead of schedule
RIO
Petroleumworld.com, July 29, 2010Brazilian state-run energy major Petrobras is working to launch pilot production at the pre-salt Tupi oil field three months ahead of schedule in order to book revenues earlier, a spokesperson for the company told.
Tupi field production will start at 100,000b/d, the spokesperson added. An extended well test is currently being carried out on the well. Pilot production had been originally expected to begin in December.
Commerciality for the Tupi field is also expected to be declared by the end of 2010. Petrobras has a 65% stake in the BM-S-11 block where Tupi is located. British major BG Group holds 25% and Portugal's Galp 10%.
Story from indiainfoline.com
.indiainfoline.com 07/29/2010
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