Shell estimates the production for the project final phase to add up to 20,000 barrels of oil equivalent per day (boe/d) from fields that have already produced more than 100-million barrels since 2009.
Parque das Conchas phase 3 involves five producing wells in Massa and O-South fields as well as two water-injection wells.
Located in water depths greater than 5,900ft, the subsea wells are connected to the SBM-built Espirito Santo floating production, storage and offloading (FPSO) vessel, which has a processing capacity of 100,000 boe/day.
Shell deep water executive vice-president Wael Sawan said: "The safe, early delivery of this production is a testament to the efficiency of our deep-water project execution.
"With this phased project, we have again demonstrated value from standardization, synergies from contractual relationships, and the strategic deployment of new technologies.
"These barrels, like other subsea tieback opportunities across our deep-water portfolio, have development cost advantages and will contribute to the strong production growth we expect from offshore Brazil."
The third phase of the project is being operated by Shell with 50% stake while other partners include ONGC with 27% and QPI with 23%.
Image: Royal Dutch Shell head office in The Hague, Netherlands. Photo: courtesy of P.L. van Till at nl.wikipedia.
