Wahoo is a conventional oil development located in deepwater in Brazil and is operated by PetroRio. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Wahoo was discovered in 2008, the field with water depth of around 4,652 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2024. The Wahoo conventional oil development will involve the drilling of approximately six wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by Bharat Petroleum, PetroRio and Videocon Industries.
Production from Wahoo
Production from the Wahoo conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 29,412 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2072.
Remaining recoverable reserves
The field is expected to recover 167.70 Mmboe, comprised of 167.70 Mmbbl of crude oil & condensate.
Contractors involved in the Wahoo conventional oil field
Some of the key contractors involved in the Wahoo project as follows.
Other Contractors: Schlumberger and Novonor
About PetroRio
PetroRio SA (PetroRio) is an oil and gas company. It provides investment and recovery of oil production assets. The company carries out the development of solid growth platforms aiming to generate value for its shareholders by increasing its production through the acquisition of production assets. PetroRio operates several oil blocks South of the Campos Basin, in Rio de Janeiro and also operates the Polvo Field. The company also provides acquisition of assets, efficient management, cost reduction, project optimization, positioning, and other programs. It operates reserves for natural gas. PetroRio is headquartered in Rio de Janeiro, Brazil.
For more details on the Wahoo Conventional Oil Field, buy the profile here.