The FPSO Pioneiro de Libra completed its first year of operation and produced more than nine million barrels of oil since achieving first oil in November 2017. The FPSO operates at the Mero field and concluded the first long-term test of the Libra block.  All of this was achieved with zero lost time incidents and a high standard of safety and environmental performance.

LIBRA FPSO produces more than 9 million barrels of oil in first year

Since achieving first oil last November, the vessel has produced an average of more than 58 thousand barrels of oil equivalent per day (boed). The Libra FPSO is owned and operated by Teekay Offshore and Ocyan through a 50/50 joint venture. The FPSO unit, which was converted from one of the Partnership’s shuttle tankers at Sembcorp Marine’s Jurong shipyard in Singapore, is designed to operate at water depths of up to 2,400 meters.

“We are very proud of this accomplishment in the first year of operation. Achieving 58,000 boed output from just one well in ultradeep waters and with large volumes of high pressure gas to be reinjected is a milestone in the offshore industry,” celebrated Chris Brett, President of Teekay Offshore Productions.  

Also, the one-year mark has no registered accidents on board. “This milestone is the result of continuous hard work, and of team engagement from the beginning of the construction project through into operations. Our Recordable Incidence Rate (TFIR) is equal to zero in this period which demonstrates the highly competent and committed TK-Ocyan team,” says Chris Brett.

Source: Teekay