Production start-up in the Lapa field, in the pre-salt layer of Santos Basin

Rio de Janeiro, December 20, 2016 – Petróleo Brasileiro S.A. – Petrobras and its
partners in the BM-S-9 consortium started the oil and natural gas production
yesterday in the Lapa field, in the Santos Basin pre-salt layer, through the
FPSO Cidade de Caraguatatuba.

This is the third unit to enter operation in the pre-salt this year, and the
11th largest definitive system operating in this layer. In addition, Lapa is the
third pre-salt field of the Santos Basin to start production, after Lula and
Sapinhoá.

Located approximately 270 km from the coast of the São Paulo state, at 2,140 m
water depth, this Floating Production Storage Offloading Unit has the capacity
to process daily 100 thousand barrels of oil and compress 5 million m3 of gas,
and is interconnected to the Lapa field through production well 7-LPA-1D.

Expressive results in the pre-salt

Production start-up in the Lapa field takes place at a time of expressive
results in the pre-salt layer. Oil production operated by Petrobras at this
frontier already exceeds 1.2 million barrels per day and, in November, we
reached the historical mark of 1 billion barrels of oil produced in the pre-salt
layer. This achievement was possible upon start-up of ten large production
systems in only six years. They are: Lula Pilot (FPSO Cidade de Angra dos Reis),
Sapinhoá Pilot (FPSO Cidade de São Paulo), Lula Nordeste Pilot (FPSO Cidade de
Paraty), Lula/Iracema Sul Area (FPSO Cidade de Mangaratiba), Sapinhoá Norte
(FPSO Cidade de Ilhabela), Lula/Iracema Norte Area (FPSO Cidade de Itaguaí),
Lula Alto (FPSO Cidade de Maricá), Lula Central (FPSO Cidade de Saquarema), as
well as FPSO Cidade de Anchieta and P-58, both in Parque das Baleias. The
pre-salt wells that were interconnected to already existing production systems
in the Campos Basin also contributed to this record.

The Lapa field is located at the BM-S-9 concession, operated by Petrobras (45%),
in partnership with BG E&P Brasil – a subsidiary company of Royal Dutch Shell
plc (30%) – and Repsol Sinopec Brasil (25%).



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www.petrobras.com.br/ir
Contacts:
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RJ | Phone: 55 (21) 3224-1510 / 3224-9947

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