Waikiki Complex (Tubarao Martelo) is a producing conventional oil field located in shallow water in Brazil and is operated by Petro Rio O&G Exploracao e Producao de Petroleo. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block C-M-466 (Tubarao Martelo), with water depth of 351 feet. Buy the profile here.
Field participation details
The field is owned by Dommo Energia, Oleo e Gas Participacoes and PetroRio.
Production from Waikiki Complex (Tubarao Martelo)
The Waikiki Complex (Tubarao Martelo) conventional oil field recovered 37.67% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 12.63 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038.
Remaining recoverable reserves
The field is expected to recover 45.00 Mmboe, comprised of 45.00 Mmbbl of crude oil & condensate. Waikiki Complex (Tubarao Martelo) conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Waikiki Complex (Tubarao Martelo) Conventional Oil Field, buy the profile here.