Refined Shale Gas starts floating operations in offshore pre-salt region

Refined Shale Gas today started production in the pre-salt region of the Santos Basin which is located east of Sao Paulo, feeding the Firm’s production growth.

Online PR News – 26-August-2020 – SAO PAULO – Refined Shale Gas’ new unit will operate in the Santos Basin and the commercial potential of these fields are supported by a large resource base, containing high quality, low sulphur content oil, as well as associated natural gas.

Refined Shale Gas’ Chief Operations Officer, Mr. Gabriel Oliveira commented on the new unit saying “We have specifically designed machinery to operate in pre-salt projects within the Santos Basin which will have a capacity to produce and process 120 thousand barrels of oil and 3 million cubic meters of natural gas on a daily basis. The new production unit is located approximately 213 km off the coast of Sao Paulo at a water depth of 2,140 meters.”

“Refined Shale Gas’ oil and natural gas production slightly decreased in the second quarter due to the COVID-19 pandemic. However, production was still maintained but at a lower level. With the new operation now starting, we envisage a successful fourth quarter and a positive outlook for next year,” added Gabriel Oliveira, Chief Operations Officer of Refined Shale Gas.

About Us - Refined Shale Gas

Refined Shale Gas is an emerging and innovative natural gas and oil exploration company headquartered in Sao Paulo, Brazil. We have been hugely successful in establishing and developing operations in promising locations based on expert estimations from geological exploration and efficiently extracting resources to meet global demand.

We understand that establishing and maintaining a successful natural gas and oil production company is challenging. That’ why we employ experts in key areas at the top of their field, from geologists and sedimentologists to scientists and operational management, ensuring that we can identify promising locations based on precise estimations, efficiently extract resources and maintain high levels of productivity.

At Refined Shale Gas, we continually innovate, with great focus placed upon research and development of new technology to assist us in all areas of identification, extraction and operational efficiency. With global demand for energy increasing, but with supplies limited, we constantly seek to discover new opportunities to meet demand.

We have implemented environmentally responsible practices, ensure the health and safety of our employees in all locations with stringent rules and regulations, and work with local communities in which we operate for mutual benefit.