Bacalhau online: ExxonMobil begins first deepwater production in Brazil

ExxonMobil Brasil and partners Equinor, Petrogal Brasil and PPSA have kicked off oil production at the Bacalhau field, marking its first upstream output in Brazil and a major step in the company's global deepwater expansion.

A first for ExxonMobil

"Bacalhau is a significant milestone for ExxonMobil," said Dan Ammann, president of ExxonMobil Upstream Company. "It marks our first upstream production in Brazil after more than 110 years doing business in the country. With recoverable reserves exceeding 1 billion barrels and a production capacity of 220,000 barrels per day, Bacalhau is a world-class development and a key investment in our future."

Deepwater, deeper impact

Bacalhau sits 185 km off the coast in water deeper than 2,000 meters.

The field is developed using one of the world's most advanced floating production, storage and off-loading vessels, equipped with:

• High-pressure gas compression
• Combined cycle power generation
• 220,000 barrels/day production capacity