Berbigao Norte is a conventional oil development located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block BM-S-11 and Norte De Berbigao, with water depth of around 8,203 feet. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2023. The development cost is expected to be $1,820 m.
Field participation details
The field is owned by Petroleo Brasileiro.
Production from Berbigao Norte
Production from the Berbigao Norte conventional oil development project is expected to begin in 2023 and is forecast to peak in 2028, to approximately 18,302 bpd of crude oil and condensate and 12 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2071.
Remaining recoverable reserves
The field is expected to recover 136.46 Mmboe, comprised of 123.45 Mmbbl of crude oil & condensate and 78.05 bcf of natural gas reserves.
Contractors involved in the Berbigao Norte conventional oil field
Some of the key contractors involved in the Berbigao Norte project as follows.
Main EPC: China International Marine Containers (Group)
EPC Contractors: Jurong do Brasil Prestacao de Services, BJC Heavy Industries and China COSCO Shipping
Other Contractors: Wartsila, Jotun, Abtech and Estaleiro Jurong Aracruz
About Petroleo Brasileiro
Petroleo Brasileiro SA (Petrobras) is an integrated oil & gas company. 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.
For more details on the Berbigao Norte Conventional Oil Field, buy the profile here.