Ostra is a producing heavy oil field located in ultra-deepwater in Brazil and is operated by Shell Brasil Petroleo. The field is located in block BC-10 (Ostra), with water depth of 6,168 feet.
Field participation details
The field is owned by Shell, Oil and Natural Gas and QatarEnergy.
Production from Ostra
The Ostra heavy oil field recovered 90.86% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 68.28 thousand bpd of crude oil and condensate. 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 10.08 Mmboe, comprised of 9.99 Mmbbl of crude oil & condensate and 0.57 bcf of natural gas reserves. Ostra heavy oil field reserves accounts 0.02% of total remaining reserves of producing heavy oil fields globally.
About Shell Brasil Petroleo
Shell Brasil Petroleo Ltda (Shell Brasil) produces and distributes lubrificants e other chemical products. Shell Brasil is headquartered in Rio de Janeiro, Brazil.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.
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By GlobalData