The Pau-Brazil field, discovered by BP off the coast of the Latin American country, is one of the largest deepwater findings, with stable reservoir pressure and high-quality light oil (28 to 30 degrees API), from pre-seal carbonate reserves.

The British company, with more than 50 years in Brazil, which shares the license with CNOOC (30 %) and Ecopetrol (20 %), has indicated that this field could contain up to 8 billion barrels of oil.

The discovery “occurred after drilling the offshore well 1-BP-12-RJS, reaching a depth of 6,300 meters in the Santos Basin” and is highly positive for the Brazilian oil industry.

According to some analysts, it could contribute approximately 1.5-2 billion barrels of recoverable oil to the South American nation.

Now, it is necessary to evaluate the recovery factor to determine the commercially viable volume of the Pau-Brazil field, located about 230 km off the coast of Rio de Janeiro.

M.Pino

Source: elperiodicodelaenergia

(Reference image source: gustavo nacht on Unsplash)        

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