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, lies in block BCAM-40 and BM-CAL-4 (Camarao), with water depth of around 148 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by 3R Petroleum Oleo E Gas and DBO Energia.
Production from Camarao
Production from the Camarao conventional oil development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 5,770 bpd of crude oil and condensate and 14 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2061.
Remaining recoverable reserves
The field is expected to recover 44.90 Mmboe, comprised of 31.92 Mmbbl of crude oil & condensate and 77.85 bcf of natural gas reserves.
About 3R Petroleum Offshore
3R Petroleum Offshore SA (3R Petroleum) is engaged in exploring and producing oil, natural gas and fluid hydrocarbons. The company is headquartered in Rio de Janeiro, Rio de Janeiro, Brazil.
For more details on the Camarao Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
