Brazil's oil and gas major Petrobras announced Wednesday the start of oil and gas production at P-76, the third platform to enter production in the Buzios field in the pre-salt of Brazil's Santos Basin.
According to the company's statement, P-76 has the capacity to process up to 150,000 barrels of oil and compress up to 6 million cubic meters of natural gas per day. It is the second platform to start up in 2019, out of a total of four planned for this year.
Discovered in 2010, the Buzios field is the main field under the Transfer of Rights Agreement. The field started production in April 2018, with plans to add another platform, P-77, later this year.
The FPSO (floating, production, storage and offloading unit of oil and gas) is located approximately 180 kilometers off the coast of the state of Rio de Janeiro, at a water depth of 2,030 meters.
By Hale Turkes