Mero (Libra Noroeste) is a producing conventional oil field located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. The field is located in block Libra and Mero, with water depth of 6,767 feet.
Four expansion projects are associated with the Mero (Libra Noroeste) conventional oil field, namely Mero 1, Mero 2, Mero 3 and Mero 4. The expansion projects are currently in the commissioning and construction stage, targeting start-up during 2022 – 2025.
Field participation details
The field is owned by Royal Dutch Shell, TotalEnergies, China National Petroleum, China National Offshore Oil and Petroleo Brasileiro.
Production from Mero (Libra Noroeste)
The Mero (Libra Noroeste) conventional oil field recovered 1.30% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 586.03 thousand bpd of crude oil and condensate and 270 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2,432.21 Mmboe, comprised of 2,261.76 Mmbbl of crude oil & condensate and 1,022.66 bcf of natural gas reserves. Mero (Libra Noroeste) conventional oil field reserves accounts 0.50% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Mero (Libra Noroeste) conventional oil field
Some of the key contractors involved in the Mero (Libra Noroeste) project as follows.
Main EPC: Mitsui E&S Holdings, Siemens and TechnipFMC
EPC Contractors: A.P. Moller – Maersk, Bomesc Offshore Engineering, Estaleiros do Brasil, Mitsubishi and Nippon Yusen Kabushiki Kaisha
Other Contractors: Acteon Group, Airborne Oil & Gas, Aker Solutions, Baker Hughes and Brevik Engineering
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.
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.