Petroleo Brasileiro Petrobras recently announced that oil production from pre-salt fields off the coast of Brazil has surpassed the 500,000-barrel-of-oil per day. The rich reserve and advanced technology fuels Petrobras’ ambitious plan as they are now targeting 3.2 million bpd in 2018 which will enable pre-salt to account for 52% of total oil production.
Just like the shale gas boom in North America, the discovery of Brazil’s pre-salt reserves has swept the world off its feet. But it also raises some of the toughest technical and financial challenges for oil exploration and production companies.
Here, I summarized some natural challenges posed by the pre-salt reservoir. What are the other natural challenges that we should watch for?