Candeias-Terra is a producing conventional oil field located onshore Brazil and is operated by 3R Bahia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block C (Candeias). Buy the profile here.
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Field participation details
The field is owned by 3R Petroleum Oleo E Gas and Maha Energy.
Production from Candeias-Terra
The Candeias-Terra conventional oil field recovered 89.97% of its total recoverable reserves, with peak production in 1999. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038.
About 3R Bahia
3R Bahia SA offers offshore services and vessels for oil and gas exploration and production activities, including offshore drilling rigs, support vessels, and related services. The company is headquartered in Catu, Bahia, Brazil.
For more details on the Candeias-Terra 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.
