Business/economics

40 Years in the Campos Basin Lead to Wealth of Lessons Learned

This paper presents a retrospective of the most-significant technologies developed and deployed in the Campos Basin for more than 80 production systems in more than 30 oil- and gas-field developments.

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Over the last 40 years, the Campos Basin has been a major stage for technology development to push offshore oil and gas production to water depths (WDs) never before experienced. This paper presents a retrospective of the most-significant technologies developed and deployed in the Campos Basin for more than 80 production systems in more than 30 oil- and gas-field developments; a few of these milestones are described in this synopsis.

Introduction

The discovery of oil in the Campos Basin in 1974 occurred in the context of the 1973 world oil crisis and its effects on geopolitics and the global economy. In addition to the challenges associated with this period, a need existed to increase oil production while reducing costs, leading to a fast-track approach. The development of the Garoupa field, followed by the Pargo, Badejo, Namorado, Enchova, Bonito, and Pampo fields, revealed huge oil-production potential, minimizing Brazil’s need to import petroleum.

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