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November 26, 2021

Rio Urucu Conventional Gas Field, Brazil

By Carmen

Rio Urucu is a producing conventional gas field located onshore Brazil and is operated by Petroleo Brasileiro. The field is located in block RUC (Rio Urucu).

Field participation details

The field is owned by Petroleo Brasileiro.


Production from Rio Urucu

The Rio Urucu conventional gas field recovered 61.24% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 13.51 thousand bpd of crude oil and condensate and 88 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 130.33 Mmboe, comprised of 22.75 Mmbbl of crude oil & condensate and 645.46 bcf of natural gas reserves. Rio Urucu conventional gas field reserves accounts 0.04% of total remaining reserves of producing conventional gas fields globally.


About Petroleo Brasileiro

Petroleo Brasileiro SA (Petrobras) is an integrated company specializing in the oil, natural gas and energy industry. Its major businesses include exploration and production, refining, marketing, trade and transportation of oil and gas. The company also conducts biofuel, natural gas, petrochemical, electricity and chemical businesses, and oil product distribution. It is a major crude oil producer and refiner in Brazil and the South American continent. It also participates in the domestic power market through investments in thermoelectric power plants and renewable energy. Through its subsidiaries and affiliates, Petrobras markets its products in North America, South America, Africa and Asia. Petrobras 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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