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November 23, 2021

Pao De Acucar Conventional Gas Field, Brazil

By Carmen

Pao De Acucar is a conventional gas development located in ultra-deepwater in Brazil and is operated by Equinor Brasil Energia. Pao De Acucar lies in block C-M-539, with water depth of around 9,515 feet.

The project is currently in feasibility stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2022. The Pao De Acucar conventional gas development will includes FPSO and subsea trees.

Field participation details

The field is owned by China Petrochemical, Petroleo Brasileiro, Repsol and Equinor.


Production from Pao De Acucar

Production from the Pao De Acucar conventional gas development project is expected to begin in 2026 and is forecast to peak in 2029, to approximately 43 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2044.


Remaining recoverable reserves

The field is expected to recover 29.99 Mmboe, comprised of 179.92 bcf of natural gas reserves.


Contractors involved in the Pao De Acucar conventional gas field

The key contractors involved in the Pao De Acucar project as follows.

Other Contractors: IKM Gruppen

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About Equinor Brasil Energia

Equinor Brasil Energia Ltda is a energy firm. The company owns and runs plants that produce petroleum, natural gas, and solar energy. It is headquartered in 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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