Tie is a producing conventional oil field located onshore 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 REC-T-155 (Tie). Buy the profile here.

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Field participation details

The field is owned by PetroReconcavo.

Production from Tie

The Tie conventional oil field recovered 69.48% of its total recoverable reserves, with peak production in 2021. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035.

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 Tie Conventional Oil Field, buy the profile here.

This content was updated on 6 November 2024

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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.