Echidna is a conventional oil development located in deepwater in Brazil and is operated by Karoon Petroleo & Gas. Echidna lies in block Neon, with water depth of around 1,312 feet.
The project is currently in approval stage and is expected to start commercial production in 2023. The Echidna conventional oil development will involve the drilling of approximately three wells and includes FPSO and subsea trees.
Field participation details
The field is owned by Karoon Energy and NGE Capital.
Production from Echidna
Production from the Echidna conventional oil development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 14,145 bpd of crude oil and condensate. 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 44.3 Mmboe, comprised of 44.3 Mmbbl of crude oil & condensate.
Contractors involved in the Echidna conventional oil field
Some of the key contractors involved in the Echidna project as follows.
Other Contractors: A.P. Moller – Maersk, John Wood Group, QGOG Constellation and WorleyParsons
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.