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December 3, 2021updated 27 Apr 2022 12:22pm

Atapu Conventional Oil Field, Brazil

By Carmen

Atapu is a producing conventional oil field located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. The field is located in block Atapu and BM-S-11 (Oeste De Atapu), with water depth of 7,294 feet.

An expansion project is associated with the Atapu, namely Atapu North. This project is currently in the construction stage, expected to start in 2026.

Field participation details

The field is owned by Petroleo Brasileiro, China Petrochemical, Pre-Sal Petroleo, Galp Energia SGPS, TotalEnergies and Shell.


Production from Atapu

The Atapu conventional oil field recovered 5.55% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 138.59 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060. The field currently accounts for approximately 4% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 845.27 Mmboe, comprised of 845.27 Mmbbl of crude oil & condensate. Atapu conventional oil field reserves accounts 0.18% of total remaining reserves of producing conventional oil fields globally.


About Petroleo Brasileiro

Petroleo Brasileiro SA (Petrobras) is an integrated company specializing in the oil, natural gas and energy industry. Its major businesses include exploration and production, refining, marketing, trade and transportation of oil and gas. The company also conducts biofuel, natural gas, petrochemical, electricity and chemical businesses, and oil product distribution. It is a major crude oil producer and refiner in Brazil and the South American continent. It also participates in the domestic power market through investments in thermoelectric power plants and renewable energy. Through its subsidiaries and affiliates, Petrobras markets its products in North America, South America, Africa and Asia. Petrobras is headquartered in Rio de Janeiro, Brazil.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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