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Shell working to extend life of declining offshore field in Brazil

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Macae, Brazil (Platts)–14Jun2013/120 pm EDT/1720 GMT

Shell is hoping to extend the life of an offshore oil field in Brazil’s Campos Basin until 2021, potentially adding five years of operation and as many as 20 million more barrels, Osman Tosun, the company’s field development manager, said Friday.

Shell on Friday spudded on of four new wells planned at the mature Bijupira-Salema field in an effort to extent production, Tosun told the Brazil Offshore conference in Macae.

–Dom Phillips, [email protected]
–Edited by Jeff Barber, [email protected]

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