Petrobras Starts Production in GOM

December 2, 2014

State-run Brazilian oil company Petrobras said on Tuesday it had started oil and natural gas production at its ultra-deep field in the U.S. Gulf, 280 miles (450 km) off the coast of Louisiana.

Petroleo Brasileiro SA as the company is officially called said the Jack/St. Malo production platform has can handle 170,000 barrels of oil a day and 1.2 million cubic meters of natural gas, rates that could be increased in the future.

The St. Malo hydrocarbon field is located along a geological formation known as the Walker Ridge in the Gulf of Mexico. The deposit sits 8,077 meters (26,500 feet) from the surface under 2,100 meters of water.

(Reporting by Reese Ewing; Editing by Peter Galloway, Reuters)

Logistics News

UN Launches Decade of Sustainable Transport

UN Launches Decade of Sustainable Transport

Action on Russia Should Not Impact Legitimate Shipping, say Cyprus and Malta

Action on Russia Should Not Impact Legitimate Shipping, say Cyprus and Malta

US Has Other Options if Supreme Court Rules Against Tariffs

US Has Other Options if Supreme Court Rules Against Tariffs

MSC, BlackRock's Bid for Hutchison's Barcelona Terminal May Raise Prices

MSC, BlackRock's Bid for Hutchison's Barcelona Terminal May Raise Prices

Subscribe for Maritime Logistics Professional E‑News

The share of Chinese-made copper increases in LME stock due to higher exports
The judge rejected the Trump administration's bid to dismiss the California high-speed rail lawsuit
Protesting Greek farmers disrupt port operations as nationwide blockades persist