Parque das Conchas (BC-10) Report

Asset Report 28 March 2025

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Report summary

The Parque das Conchas project (also known as the BC-10 development) is operated by Shell in the Campos basin. The project includes four fields namely Abalone, Argonauta, Nautilus and Ostra which are being jointly developed on a phased basis. All fields are connected to a central located FPSO.The first phase of the project included Abalone, Argonauta, and Ostra and took place in 2009. The second phase started in late 2013 and developed the Argonauta O-North area. Phase 3 came onstream in ...

Summary
Key Issues
- 3R Petroleum incorporated Enauta on an all-stock merger
- Enauta acquired stakes in Parque das Conchas
- Shell is no longer farming-out stakes at Parque das Conchas
- Future Tieback Opportunities
- Development efforts
- Unitisation
- Technical challenges
Local content
Work commitments
Key development metrics
Operating costs
- Transportation costs
- FPSO lease costs
Oil
Gas
Cash flow
- Global Economic Model (GEM) file
Cash Flow