Camarao is a conventional oil development located in shallow water in Brazil and is operated by 3R Petroleum Offshore. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Camarao was discovered in 2003, lies in block BCAM-40 and BM-CAL-4 (Camarao), with water depth of around 151 feet. Buy the profile here.
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The project is currently in construction stage and is expected to start commercial production in 2025. The development cost is expected to be $539 m.
Field participation details
The field is owned by 3R Petroleum Oleo E Gas and Maha Energy.
Production from Camarao
Production from the Camarao conventional oil development project is expected to begin in 2025 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2063.
About 3R Petroleum Offshore
3R Petroleum Offshore SA, subsidiary of 3R Petroleum Oleo E Gas SA, is engaged in the exploration, extraction and distribution of oil and natural gas. The company is headquartered in Rio de Janeiro, Brazil.
For more details on the Camarao Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
