Statoil is one of the biggest oil producers in Brazil, operating the Peregrino field and block BM-C-33, both in the Campos Basin, and block BM-S-8 in the Santos Basin. With the capacity to produce 90,000 barrels per day, Peregrino is our largest operated heavy oil field outside Norway.
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How to find us in Brazil
Our exploration portfolio in Brazil
Statoil has a diverse exploration portfolio in Brazil, holding acreage in the Santos, Campos, Espírito Santo and Jequitinhonha basins. The majority of licences are located in deep-water areas, some of which can be found at more than 2900 metres depth.
Located 85 kilometres off the coast of Rio de Janeiro, in the south-west part of the Campos Basin, the Peregrino field is located in the BM-C-7 block operated by Statoil with a 60% share, in partnership with the Chinese company Sinochem (40% interest).
Peregrino contains an estimated reserve of between 300 and 600 million barrels of recoverable oil. The oil from Peregrino has an API gravity of 14 degrees, making it the second heaviest oil ever to be produced in Brazil.
The start of production in April 2011 was an important milestone for the company, demonstrating its outstanding ability to execute large-scale projects and extract heavy oil. Production reached its plateau of 100,000 bbl/day in 2013.
The first phase of the development includes two fixed platforms and a large floating production, storage and offloading (FPSO) unit.
The platforms are connected to the FPSO via outflow lines and electrical umbilicals. The project showcases the subsurface and reservoir management technology for which Statoil has gained international recognition.
A total of 40 production wells and 8 water injection wells are currently planned. The second phase is currently under way.
TECHNOLOGY APPLIED TO PEREGRINO
Statoil is a global industry pioneer when it comes to applying technology. We dare to access oil and gas resources that might present significant challenges.
Peregrino is no exception.
This is part of the DNA of this company, rooted in the North Sea, and can be seen throughout its culture, values and vision. Find out more about our initiatives:
Research Centre Rio
RCR is responsible for research and technology development and implementation.
Statoil also contributes to other initiatives such as the Seismic Stratigraphy Interpretation Course, developed in partnership with the Rio de Janeiro State University (UERJ), where we funded the construction of a laboratory (equipment and workstations).