Mero Field Achieves 500,000 Barrels Per Day Production Milestone in Brazil

The Mero field in Brazil’s Santos Basin reached a production milestone of 500,000 barrels per day, becoming the third Petrobras field to do so. With four operational platforms and a fifth scheduled to launch soon, Mero’s capacity is set to increase to 770,000 barrels per day. The field is emblematic of advancements in technology and sustainable operations within Petrobras.

Brazil’s Mero field, situated in the Santos Basin’s pre-salt layer, achieved a remarkable production rate of 500,000 barrels of oil per day as of February 28. This milestone marks Mero as the third field operated by Petrobras to reach this output. The Libra Consortium acquired the Libra block in 2013, which was the first to be established under Brazil’s production sharing regime.

Currently, the Mero field has four operational platforms, with the first, FPSO Pioneiro de Libra, commencing production in 2017. Future expansions include the FPSO Alexandre de Gusmão, expected to commence operations later this year, enhancing the field’s production capacity to an impressive 770,000 barrels per day. The advancement is attributed to ongoing technological innovation within Petrobras.

Magda Chambriard, CEO of Petrobras, emphasized that the achievement of 500,000 barrels per day is a testament to the company’s technological advancements and efforts to operate sustainably while meeting energy demands. The increasing production capabilities underscore the importance of Mero in Brazil’s energy landscape.

Petrobras’ Exploration and Production Director, Sylvia Anjos, noted that Mero ranks as the third largest oil field in Brazil, following Tupi and Búzios, in terms of oil volume and production. With further production enhancements anticipated from the FPSO Marechal Duque de Caxias and FPSO Alexandre de Gusmão, Petrobras continues its commitment to increasing productivity while minimizing environmental impact.

Discovered in 2010, Mero is located 180 km off the coast of Rio de Janeiro, at a depth of 2,100 meters. The field operates under a Production Sharing Contract, managed chiefly by Petrobras, in partnership with other significant players, ensuring effective collaboration in oil production operations.

In summary, Brazil’s Mero field has reached a significant production milestone of 500,000 barrels per day, reflecting technological progress and strategic operational improvements by Petrobras. As new platforms come online and production capacity expands, Mero is solidifying its position as one of Brazil’s foremost oil fields, reinforcing the country’s influence in the global energy market.

Original Source: www.energy-pedia.com