Pitangola is a producing heavy oil field located in shallow water 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, the field is located in block BM-C-7 (Peregrino), with water depth of 400 feet. Buy the profile here.
Field participation details
The field is owned by Equinor and Sinochem Holdings.
Production from Pitangola
The Pitangola heavy oil field recovered 0.04% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 61.95 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047.
Remaining recoverable reserves
The field is expected to recover 264.24 Mmboe, comprised of 264.24 Mmbbl of crude oil & condensate. Pitangola heavy oil field reserves accounts 0.62% of total remaining reserves of producing heavy oil fields globally.
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.
For more details on the Pitangola Heavy 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.
