Maromba Phase 1 is a heavy oil development located in shallow water in Brazil and is operated by BW Energy Maromba do Brasil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Maromba Phase 1 was discovered in 2003, lies in block BC-20 (Maromba), with water depth of around 538 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2023. The development cost is expected to be $325 m. The Maromba Phase 1 heavy oil development will involve the drilling of approximately three wells and includes FPSO and subsea trees.
Field participation details
The field is owned by BW Energy.
Production from Maromba Phase 1
Production from the Maromba Phase 1 heavy oil development project is expected to begin in 2026 and is forecast to peak in 2027, to approximately 22,458 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 46.07 Mmboe, comprised of 46.07 Mmbbl of crude oil & condensate.
About BW Energy Maromba do Brasil
BW Offshore Production do Brazil Ltda (BW Offshore) is involved in oil & gas exploration and production activities. It is headquartered in Rio De Janeiro, Brazil.
For more details on the Maromba Phase 1 Heavy Oil Field, buy the profile here.