Fire Shuts Petrobras Oil Platform

Tuesday, March 29, 2016 @ 04:03 PM gHale


Brazil’s state-run oil company Petroleo Brasileiro (Petrobras) SA said an offshore oil platform that caught fire March 17 is still not producing and there is no estimate of when it will restart oil and natural gas output.

Petrobras did not say how much production suffered from the incident. The fire, which began at about 1:45 p.m. local time ended up quickly controlled, Petrobras said, adding one member of the fire brigade ended up treated for light injuries before returning to work.

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The P-48 floating production, storage and offloading ship (FPSO) produced an average 48,309 barrels of oil per day (bpd) in the 12 months ending Jan. 31, according to Reuters calculations based on data from Brazil’s oil regulator, ANP.

The oil output was about 2.3 percent of Petrobras’ average daily oil output in Brazil in the same period.

Natural gas production over the period averaged 744,145 cubic meters (26.3 million cubic feet) a day.

During that period, average daily crude output fell from a high of 61,509 bpd in April to 19,321 bpd in January at P-48 in the Barracuda-Caratinga field in the offshore Campos Basin northeast of Rio de Janeiro.

The P-48 is in 1,040 meters (3,412 feet) of water and began operations there in February 2005. The FPSO has the capacity to produce up to 150,000 bpd of oil and 6 million cubic meters of gas daily.