Sibite is a producing conventional oil field located onshore Brazil and is operated by Potiguar E&P. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block BT-POT-8 (Sibite). Buy the profile here.
Field participation details
The field is owned by PetroReconcavo.
Production from Sibite
The Sibite conventional oil field recovered 51.83% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.09 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048.
Remaining recoverable reserves
The field is expected to recover 0.27 Mmboe, comprised of 0.27 Mmbbl of crude oil & condensate and 0.00 bcf of natural gas reserves.
For more details on the Sibite Conventional Oil Field, buy the profile here.