Petrobras announces that today, December 2, production has started in the St. Malo field, located approximately 450 km south of New Orleans, Louisiana. The water depth is approximately 2,100 m, in the Walker Ridge area of the Gulf of Mexico, and the reservoir is 8,077 m deep.

St. Malo was discovered in 2003 and comprises a completion system attached to a semi-submersible floating production unit (FPU). The FPU is used in both the St. Malo and Jack fields and has a production capacity of 170,000 barrels of oil and 1.2 million cubic feet of natural gas per day, with the capability for future expansion. It is the largest semi-submersible in the Gulf of Mexico based on displacement, and has been designed to operate for at least 30 years.

Petrobras in the U.S. Gulf of Mexico

Petrobras is a leader in ultra-deepwater operations, benefitting from the experience and technology we have developed in our offshore operations in Brazil. St. Malo is the third ultra-deepwater field that Petrobras operates in the prolific Lower Tertiary trend (formed between 23 and 65 million years ago).

Also in the Lower Tertiary Trend, Petrobras operates the Cascade and Chinook fields, which have been in production since 2012 with BW Pioneer, the first Floating Production Storage and Offloading (FPSO) vessel approved to use in the U.S. Gulf of Mexico. Additionally, we have stakes in Tiber, Lucius, Hadrian South and Hadrian North fields, all with significant oil and gas reserves.