Annual Report 2012 - page 143

142
39
th
Annual Report
In
India
, Production of crude oil has begun from Bhagyam Field,
the second to start up in a complex developed by Cairn India and
state- owned Oil & Natural Gas Corp. in Rajasthan. The first field in
the complex, Mangala, has reached its approved ceiling production
rate of 125 thousand barrels per day and is on polymer flood. In a joint
statement, Cairn, with 70% interest in project, and ONGC, 30%, said
Bhagyam production will reach a plateau rate of 40 thousand barrels
per day. When the third field in the development, Aishwariya, starts
up, production from the complex is expected to reach an approved rate
of 175 thousand barrels per day. The companies estimate recoverable
resources at 1 billion barrels. Production from the complex flows
through a 589 km heated and insulated pipeline
i
.
In
USA
, Petrobras reported that production has started at Chinook
Field in the Gulf of Mexico. Production is connected to the BW
Pioneer floating production, storage, and offloading vessel, the first
FPSO to produce oil and gas in the US portion of the gulf
ii
. The
Chinook No. 4 production well was drilled and completed in lower
tertiary reservoirs, a promising offshore exploration frontier in the
gulf, at a depth of 8,000 m.
Oil production began from Cascade deepwater field into the Gulf of
Mexico’s first floating production, storage, and offloading vessel, said
operator Petrobras America Inc.
iii
The BWPioneer FPSO, on the Walker
Ridge Block 425 about 226 km offshore Louisiana, began receiving oil
from the Cascade-4 well. The FPSO, owned by BW Offshore has a
capacity to process 80 thousand barrels per day of oil and 500 thousand
cu m per day (17.7 million standard cubic feet of gas).
i
Oil and Gas Journal, 19/1/2012
ii
Oil and Gas Journal, 3/2/2012
iii
Oil and Gas Journal, 14/9/2012
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