Page 10 - LatAmOil Week 36 2021

LatAmOil BRAZIL LatAmOil

The pre-salt zone covers sections of the Santos and Campoos basins (Image: Petrobras)

Additionally, the third round of the govern- be looking to drop the requirement that foreign
ment’s Open Acreage programme is expected to companies have a Brazilian representative or a
proceed in 2022. Brazilian tax identification number to take part
This is not Brazil’s first move to lower the bar- in public tenders.
riers to investment in oil and gas projects. Late Previously, foreign firms bidding for gov-
last year, the government stopped requiring for- ernment contracts have always needed a local
eign companies to include a notarised transla- presence or partner. This has been a significant
tion of bids for public contracts. It is also said to hurdle to participation in oil and gas auctions. ™

Enauta takes well offline at Atlanta

THE Brazilian independent Enauta Par-
ticipações said earlier this week that it had
suspended production at one of its three devel-
opment wells at Atlanta, an offshore oilfield in
the Santos basin.
In a statement, Enauta reported that the well
had gone offline on September 5 because of tech-
nical problems. Preliminary information indi-
cates that the shutdown may have resulted from
a failure in the underwater pumping system, but
the company is still working to determine the
exact cause of the shutdown, the statement said.
The well, which is part of the Early Pro-
duction System (EPS) installed at Atlanta, is
expected to resume production in the first Atlanta is currently yielding about 14,000 bpd of oil (Image: Enauta)
quarter of 2022, Enauta said. In the meantime, it
added, the other two EPS wells remain in oper- connected to the Petrojarl FPSO, which Enauta
ation and are producing almost 14,000 barrels has been using to extract crude oil from Atlanta,
per day (bpd) of oil. to form the EPS.
This is not the first time that the Brazilian The company has said it wants to raise yields
independent has encountered challenges at from the EPS to 22,500 bpd, but it has not been
Atlanta. Two of the field’s three development able to sustain output at levels higher than
wells went offline in July of this year, and the 18,000 bpd this year.
latest stoppage occurred just two weeks after According to previous reports, Enauta
Enauta brought them back into production. expects output levels at Atlanta to average 14,000
All three of the development wells are bpd in 2021.

P10 www. NEWSBASE .com Week 36 09•September•2021