Pao De Acucar is a conventional gas development located in ultra-deepwater in Brazil and is operated by Equinor Brasil Energia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block C-M-539, with water depth of around 9,515 feet. Buy the profile here.

The project is currently in approval stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project will be approved in 2023. The Pao De Acucar conventional gas development will includes FPSO and subsea trees.

Field participation details

The field is owned by China Petrochemical, Equinor, Petroleo Brasileiro and Repsol.

Production from Pao De Acucar

Production from the Pao De Acucar conventional gas development project is expected to begin in 2027 and is forecast to peak in 2028, to approximately 31,517 bpd of crude oil and condensate and 142 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2050.

Remaining recoverable reserves

The field is expected to recover 196.72 Mmboe, comprised of 111.03 Mmbbl of crude oil & condensate and 514.12 bcf of natural gas reserves.

Contractors involved in the Pao De Acucar conventional gas field

Some of the key contractors involved in the Pao De Acucar project as follows.

Design/FEED Engineering: TechnipFMC

Other Contractors: IKM Holding

About Equinor Brasil Energia

Equinor Brasil Energia Ltda is a energy firm. The company owns and runs plants that produce petroleum, natural gas, and solar energy. It is headquartered in Brazil.

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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.