Argonauta is a producing heavy oil field located in ultra-deepwater in Brazil and is operated by Shell Brasil Petroleo. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block BC-10 (Argonauta), with water depth of 5,596 feet. Buy the profile here.
Field participation details
The field is owned by Oil and Natural Gas, QatarEnergy and Shell.
Production from Argonauta
The Argonauta heavy oil field recovered 68.96% of its total recoverable reserves, with peak production in 2017. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035. The field currently accounts for approximately 1% of the country’s daily output.
About Shell Brasil Petroleo
Shell Brasil Petroleo Ltda (Shell Brasil) produces and distributes lubrificants e other chemical products. Shell Brasil is headquartered in Rio de Janeiro, Brazil.
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