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April 29, 2022

Riacho Velho Conventional Oil Field, Brazil

By Carmen

Riacho Velho is a producing conventional oil field located onshore Brazil and is operated by Leros Petroleo e Gas. The field is located in block RV (Riacho Velho).

Field participation details

The field is owned by Leros Petroleo e Gas.


Production from Riacho Velho

The Riacho Velho conventional oil field recovered 94.88% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 0.01 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 0 Mmboe, comprised of 0 Mmbbl of crude oil & condensate and 0 bcf of natural gas reserves.


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.

Related Companies

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