Tie is a producing conventional oil field located onshore Brazil and is operated by Maha Energy Brasil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block REC-T-155 (Tie). Buy the profile here.
Two expansion projects are associated with the Tie conventional oil field, namely the Tie-6 Development and the Tie Injector Wells. The expansion projects are currently in the commissioning and approval stage.
Field participation details
The field is owned by PetroReconcavo.
Production from Tie
The Tie conventional oil field recovered 54.19% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 2.56 thousand bpd of crude oil and condensate and 2.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043.
Remaining recoverable reserves
The field is expected to recover 5.37 Mmboe, comprised of 3.89 Mmbbl of crude oil & condensate and 8.85 bcf of natural gas reserves.
About Maha Energy Brasil
Maha Energy Brasil Ltda (Maha Energy) is involved in exploration and production of oil and gas. It is headquartered in Rio de Janeiro, Brazil.
For more details on the Tie 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.
