Lapa Southwest will add 25,000 gross barrels of oil per day at plateau, raising total production of the Lapa field to around 60,000 gross barrels per day. Repsol Sinopec Brazil holds a 25% working interest in the project, with TotalEnergies (operator) holding 48% and Shell 27%, respectively.
Spain-based Repsol has started oil production at the Lapa Southwest project in Brazil’s Santos Basin through its Repsol Sinopec Brazil joint venture with TotalEnergies and Shell.
The project will add 25,000 barrels per day at plateau, increasing Lapa field output to about 60,000 barrels daily while leveraging existing FPSO capacity to develop additional reserves.
The development of the project consists of the subsea tie-back of three wells to the Lapa Floating Production, Storage and Offloading (FPSO) unit, enabling the development of additional reserves while leveraging the available capacity of the existing Lapa FPSO.
“The start-up of Lapa Southwest is another example of our strong track record of efficient delivery on the key projects where we have taken FID in recent years. This enables us to continue high-grading our upstream portfolio,” said José Carlos Vicente Bravo, Executive Director of International E&P at Repsol.
In the first half of 2025, the Cypre and Mento projects in Trinidad and Tobago reached first gas, and Leon-Castile in the US Gulf delivered first oil in September. In the coming months, the first phase of Pikka in Alaska will start production. Together with Lapa Southwest, these projects are expected to contribute 80,000 low-breakeven, low-CO2-intensity barrels to the company in 2027.
Repsol is focusing its exploration and production portfolio on core growth areas, with Brazil as one of the key countries, where the Raia Project (BM-C-33), in the Campos Basin, also stands out. Developed in partnership with Equinor and Petrobras, it is expected to start operations in 2028, with the potential to become one of the country’s most significant sources of natural gas.
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ALCHEMPro News Desk (JP)
