Wahoo is a conventional oil development located in deepwater in Brazil and is operated by Prio. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Wahoo was discovered in 2008, lies in block Wahoo, with water depth of around 4,652 feet. Buy the profile here.
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The project is currently in construction stage and is expected to start commercial production in 2024. The development cost is expected to be $830 m. The Wahoo conventional oil development will involve the drilling of approximately six wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by Bharat Petroleum, Prio and Videocon Industries.
Production from Wahoo
Production from the Wahoo conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2054.
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Contractors involved in the Wahoo conventional oil field
Some of the key contractors involved in the Wahoo project as follows.
EPC Contractors: McDermott International
Other Contractors: Schlumberger, McDermott International, Freudenberg and Ocyan
About Prio
Prio SA (Prio), formerly PetroRio SA, carries out exploration, development and production of oil and natural gas properties. It provides investment and recovery of oil production assets. The company also includes in the development of solid growth platforms production that includes the acquisition of production assets. PetroRio operates several oil blocks South of the Campos Basin, in Rio de Janeiro and also operates the Polvo Field. The company also provides acquisition of assets, efficient management, cost reduction, project optimization, positioning and other programs. It operates reserves for natural gas. Prio is headquartered in Rio de Janeiro, Brazil.
For more details on the Wahoo Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
