Waikiki Complex (Tubarao Martelo) is a producing conventional oil field located in shallow water in Brazil and is operated by Petro Rio O&G Exploracao e Producao de Petroleo. The field is located in block C-M-466 (Tubarao Martelo), with water depth of 361 feet.
Field participation details
The field is owned by PetroRio, Dommo Energia and Oleo e Gas Participacoes.
Production from Waikiki Complex (Tubarao Martelo)
The Waikiki Complex (Tubarao Martelo) conventional oil field recovered 51.26% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 12.43 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 22.2 Mmboe, comprised of 22.2 Mmbbl of crude oil & condensate.
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.