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  1. Market Data
May 4, 2022

Cardeal Conventional Oil Field, Brazil

By Carmen

Cardeal is a producing conventional oil field located onshore Brazil and is operated by Partex Brasil. The field is located in block POT-T-514 (Cardeal).

Field participation details

The field is owned by Ubuntu Engineering & Services and PetroReconcavo.


Production from Cardeal

The Cardeal conventional oil field recovered 83.43% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 0.15 thousand bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.


Remaining recoverable reserves

The field is expected to recover 0.34 Mmboe, comprised of 0.34 Mmbbl of crude oil & condensate.


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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