Jupiter Pilot is a heavy 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-24, with water depth of around 7,206 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2025.
Field participation details
The field is owned by China Petrochemical, Galp Energia SGPS and Petroleo Brasileiro.
Production from Jupiter Pilot
Production from the Jupiter Pilot heavy oil development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 11,280 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.
Remaining recoverable reserves
The field is expected to recover 35.17 Mmboe, comprised of 35.17 Mmbbl of crude oil & condensate.
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 Jupiter Pilot Heavy Oil Field, buy the profile here.