Maromba Phase 2 is a heavy oil development located in shallow water in Brazil and is operated by BW Energy Maromba do Brasil. Maromba Phase 2 lies in block BC-20 (Maromba), with water depth of around 538 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2022. The development cost is expected to be $538 m. The Maromba Phase 2 heavy oil development will involve the drilling of approximately six wells and includes wellhead platform.
Field participation details
The field is owned by BW Energy.
Production from Maromba Phase 2
Production from the Maromba Phase 2 heavy oil development project is expected to begin in 2026 and is forecast to peak in 2028, to approximately 29,852 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.
Remaining recoverable reserves
The field is expected to recover 86.37 Mmboe, comprised of 86.37 Mmbbl of crude oil & condensate.
About BW Energy Maromba do Brasil
BW Offshore Production do Brazil Ltda (BW Offshore) is involved in oil & gas exploration and production activities. It 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.