Barra is a conventional oil development located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. Discovered in 2011, Barra lies in block SEAL-M-426, with water depth of around 7,980 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2025.
Field participation details
The field is owned by Videocon Industries, Bharat Petroleum and Petroleo Brasileiro.
Production from Barra
Production from the Barra conventional oil development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 25,005 bpd of crude oil and condensate and 15 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2046.
Remaining recoverable reserves
The field is expected to recover 61.03 Mmboe, comprised of 53.6 Mmbbl of crude oil & condensate and 44.59 bcf of natural gas reserves.
Contractors involved in the Barra conventional oil field
The key contractors involved in the Barra project as follows.
Other Contractors: PGS
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.
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.