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April 28, 2022

Camarao Conventional Oil Field, Brazil

By Carmen

Camarao is a conventional oil development located in shallow water in Brazil and is operated by OP Energia. Camarao lies in block BCAM-40 and BM-CAL-4 (Camarao), with water depth of around 148 feet.

The project is currently in approval stage and is expected to start commercial production in 2023.

Field participation details

The field is owned by Ouro Preto Oleo e Gas.


Production from Camarao

Production from the Camarao conventional oil development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 5,770 bpd of crude oil and condensate and 14 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2061.


Remaining recoverable reserves

The field is expected to recover 44.9 Mmboe, comprised of 31.92 Mmbbl of crude oil & condensate and 77.85 bcf of natural gas reserves.


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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