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April 28, 2022

Jupiter Pilot Heavy Oil Field, Brazil

By Carmen

Jupiter Pilot is a heavy oil development located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. Jupiter Pilot lies in block BM-S-24, with water depth of around 7,160 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 Petroleo Brasileiro, Galp Energia SGPS and China Petrochemical.


Production from Jupiter Pilot

Production from the Jupiter Pilot heavy oil development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 11,280 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.


Remaining recoverable reserves

The field is expected to recover 35.17 Mmboe, comprised of 35.17 Mmbbl of crude oil & condensate.


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.

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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