Report summaryGolfinho is a deepwater field operated 100% by Petrobras in the Espirito Santo basin. Discovered in 2003, Golfinho opened up a new deepwater province in the basin, which was previously known only for small onshore and shallow water fields. Petrobras fast-tracked the development of Golfinho, bringing it onstream in 2006, owing to its light oil. However, production performance has been very disappointing, mainly due to premature water breakthrough and low reservoir pressure. Initial ...
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