Tartaruga is a producing conventional oil field located in shallow water in Brazil and is operated by SPE Tieta. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block S107 (Tartaruga), with water depth of 46 feet. Buy the profile here.
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Two expansion projects are associated with the Tartaruga conventional oil field, namely the Tartaruga TTG-5 Development and the Tartaruga TTG-4 Development . The expansion projects are currently in the feasibility stage.
Field participation details
The field is owned by Petroleo Brasileiro and PetroReconcavo.
Production from Tartaruga
The Tartaruga conventional oil field recovered 88.42% of its total recoverable reserves, with peak production in 2020. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030.
About SPE Tieta
SPE Tieta Ltda is an oil and gas company that focuses on natural gas and petroleum extraction services. The company is headquartered in Salvador, Bahia, Brazil.
For more details on the Tartaruga Conventional 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.
