Page 14 - LatAmOil Week 48 2021
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LatAmOil                                     NEWS IN BRIEF                                          LatAmOil








                                           the sequence, DP-2003. It is testing that will pro-  we have already encountered (in a zone we did
       UPSTREAM                            vide the acid test as to produceability of any well.  not previously consider prospective) into our
                                              After casing of the present well, the rig  geological model and now the increased pres-
       President Energy                    will move to the location for that second well  sure encountered immediately below a shale
                                           DP-2003 where spudding is estimated to take  interval speaks promisingly to a functioning seal
       announces drilling                  place in about 10 days time.         and therefore another zone of interest. Our pro-
                                                                                ject team is to be commended for their tireless
                                           President Energy, December 2 2021
       success in Salta                                                         efforts to get us back to the position where we are
                                                                                now preparing to resume drilling ahead sooner
       AIM-listed President Energy, has provided an   Melbana Energy to resume   than expected. This well has been talking to us all
       update on its oil and gas operations in Argentina.  drilling at Alameda-1 well   the way, and we are keen to hear if it has more to
         Salta drilling: Drilling of the DP-2001 well at                        say en route to our primary target.”
       the Dos Puntitas field, Puesto Guardian Con-  onshore Cuba               Melbana Energy, November 26 2021
       cession (President 100%) safely and success-
       fully reached the planned target depth of 3,225  Melbana Energy has begun preparing for the
       metres, on time and budget with encouraging  resumption of drilling operations at its Alam-  SERVICES
       results.                            eda-1 well in Block 9, onshore Cuba.
         A full suite of electric logs, including pressure   As last reported, Melbana elected to shut in   Petrobras signs contracts
       testing, has been acquired over three separate  the Alameda-1 well at about 1,892 metres. This
       runs which, on a preliminary basis, indicate that  was due to encountering a high-pressure zone   with SBM Offshore for FPSO
       this new oil well DP-2001 is virtually analogous  some 350 metres shallower than predicted,
       to the well DP-1001 drilled at the same field in  which when taken with delays to the scheduled   Alexandre de Gusmao
       2010. The electric logs on DP2001 show a total  supply of mud materials (an important com-
       net oil pay of some 10 metres over two inter-  ponent of the management of these increased  Petrobras has signed contracts with SBM Off-
       vals. Pressure tests show an average depletion of  pressures), made the shut-in the appropriate  shore for the chartering and provision of services
       10% from original pressure with good mobility  and conservative course of action. Sufficient sup-  of the FPSO Alexandre de Gusmao, the fourth
       shown in each of the spot tests which are all pos-  plies of mud and other materials have now been  definitive system to be installed in the Mero field,
       itive signs, taking into account Dos Puntitas is a  secured, the first shipment of which will arrive in  located in the pre-salt of the Santos Basin. The
       producing field.                    Cuba this Monday, November 29.       contracts follow the same parameters of the let-
         It is encouraging that the older well DP-1001,   Melbana’s operations team has used this time  ter of intent signed in August of this year. The
       drilled at the time by the then operator Puesto  to conduct necessary maintenance on the rig and  unit is expected to start production in 2025.
       Guardian at a cost of approximately $6mn is still  to recondition the in situ mud materials. In addi-  The FPSO will be installed approximately 160
       in continuous production and had an initial pro-  tion to the improvements to the rig capabilities  km from Arraial do Cabo, in Rio de Janeiro, and
       duction level of 40m cubic metres per day of oil.  that Melbana has already implemented to bet-  will be capable of processing 180,000 barrels of
       After 11 years, the well is still producing 9 cubic  ter manage these drilling conditions, additional  oil and 12mn cubic metres of gas per day. The
       metres per day.                     managed pressured drilling capabilities will now  contracts will last for 22 years and six months
         The new well DP-2001, which has been  be added to the rig to reduce response times to  from the unit’s final acceptance.
       drilled by President faster and at nearly half the  any future significant increases in pore pressure.  The project foresees the interconnection of 15
       cost, is now being cased and thereafter cemented   Melbana Energy’s Executive Chairman,  wells to the FPSO, eight of which are oil produc-
       prior to completion and testing with a workover  Andrew Purcell, commented: “This has been a  ers, six water and gas injectors, one convertible
       rig. This rig will be mobilised to start work in the  feisty well almost since the get-go. Our geosci-  well from producer to gas injector, through a
       field in January so that, all being well, it can com-  ence team have been working hard to integrate  subsea infrastructure composed of rigid produc-
       plete and test both this well and the next well in  the results of the extensive hydrocarbon shows  tion and injection pipelines and flexible service
                                                                                pipelines.
                                                                                  To date, the project has had four wells drilled
                                                                                and two completed.
                                                                                  The contracts reinforce Petrobras’ perfor-
                                                                                mance in partnership in the E&P area with a
                                                                                focus on deep and ultradeep waters. The com-
                                                                                pany continues to operate efficiently and com-
                                                                                petitively, maximising the potential of its assets
                                                                                and promoting more return for the company
                                                                                and the society.
                                                                                  About the Mero Field: The Mero field is the
                                                                                third largest in the pre-salt and is located in the
                                                                                Libra area, operated by Petrobras (40%) in part-
                                                                                nership with Shell Brasil Petróleo Ltda. (20%),
                                                                                TotalEnergies EP Brasil Ltda. (20%), CNODC
                                                                                Brasil Petróleo e Gás Ltda. (10%), CNOOC
                                                                                Petroleum Brasil Ltda. (10%) and Pré-Sal
                                                                                Petróleo S.A. (PPSA), which is the manager of
                                                                                this contract.



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