Vermelho is a producing conventional oil field located in shallow water in Brazil and is operated by Perenco Petroleo e Gas do Brasil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block VM (Vermelho), with water depth of 279 feet. Buy the profile here.
Field participation details
The field is owned by Perenco Holdings.
Production from Vermelho
The Vermelho conventional oil field recovered 99.60% of its total recoverable reserves, with peak production in 1990. The peak production was approximately 43.68 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 2026.
Remaining recoverable reserves
The field is expected to recover 0.70 Mmboe, comprised of 0.70 Mmbbl of crude oil & condensate.
For more details on the Vermelho Conventional Oil Field, buy the profile here.