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  1. Market Data
May 2, 2022

Azulao Conventional Gas Field, Brazil

By Carmen

Azulao is a producing conventional gas field located onshore Brazil and is operated by Eneva. The field is located in block BA-3 (Azulao).

Field participation details

The field is owned by Eneva.


Production from Azulao

The Azulao conventional gas field recovered 0.04% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 0.02 thousand bpd of crude oil and condensate and 48 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.


Remaining recoverable reserves

The field is expected to recover 39.49 Mmboe, comprised of 0.11 Mmbbl of crude oil & condensate and 236.28 bcf of natural gas reserves. Azulao conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


About Eneva

Eneva SA (Eneva), formerly MPX Energia SA, is an integrated energy company. The company offers power generation, energy commercialization, and exploration and production of hydrocarbons and natural gas. Its power generation portfolio includes fossil fuels such as coal and natural gas, and renewable resources such as solar. Eneva operates natural gas generation plants in Parnaiba Thermoelectric Complex. In addition, the company also operates exploration and production blocks. It concentrates on investment in research and development of technologies for carbon sequestration. The company develops and operates solar plants, natural gas plants, coal plants and power plants. Eneva 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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