Rio Preto Oeste is a producing heavy oil field located onshore Brazil and is operated by Karavan SPE Cricare. The field is located in block RPO (Rio Preto Oeste).
Field participation details
The field is owned by Karavan O&G Participacoes e Consultoria and Seacrest Exploracao E Producao De Petroleo.
Production from Rio Preto Oeste
The Rio Preto Oeste heavy oil field recovered 95.48% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 0.41 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032.
Remaining recoverable reserves
The field is expected to recover 0.14 Mmboe, comprised of 0.14 Mmbbl of crude oil & condensate.
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.