Everything about Campos Basin totally explained
Campos Basin is a
petroleum rich area located offshore of
Rio de Janeiro,
Brazil. It has a total area of 100,000 square kilometers, with 40 fields discovered and operated by
Petrobras. Two major oil fields are
Marlim and
Albacora. Marlim is the largest field, located northeast of the Basin, 110 km offshore in water 650 to 1050 m deep. Marlim produces crude oil over 80,000 cubic meters (500,000 barrels) per day.
Total daily production of Campos Basin is 175,000 cubic meters (1.1 million barrels) of oil and 17.36 million cubic meters of natural gas per day. The estimates are that in 2006, Campos Basin will be producing 250,000 cubic meters (1.6 million barrels) of oil per day.
The confirmed reserves are 1.1 billion cubic meters (7.21 billion barrels) of oil and condensate, and 101.53 cubic kilometers of natural gas. Exploration seems to be fading; most reserves were found between 1985 and 1997.
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