Campos Basin
Encyclopedia
Campos Basin is a petroleum
rich area located offshore of Rio de Janeiro
, Brazil
. It has a total area of 100,000 square kilometres, with 40 fields discovered and operated by Petrobras
.
The area has two major oil fields: 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 metres (500,000 barrels) per day.
Total daily production of Campos Basin is 265,000 cubic metres (1.69 million barrels) of oil and 26,8 million cubic metres of natural gas per dayhttp://www2.petrobras.com.br/ri/port/DestaquesOperacionais/ExploracaoProducao/pdf/ProducaoEP_2009_port.pdf. The estimates are that in 2010, Campos Basin will be producing 282,000 cubic metres (1.8 million barrels) of oil and 34,6 million cubic metres of natural gas per dayhttp://www2.petrobras.com.br/Petrobras/portugues/plataforma/pla_bacia_campos.htm.
The confirmed reserves are 1.1 billion cubic metres (7.21 billion barrels) of oil and condensate, and 101.53 cubic kilometres of natural gas. Exploration seems to be fading; most reserves were found between 1985 and 1997.
In February 2010 a new 65 million barrel discovery was made by Petrobras
on the Barracuda oil field of Campos Basin.
Petroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...
rich area located offshore of Rio de Janeiro
Rio de Janeiro
Rio de Janeiro , commonly referred to simply as Rio, is the capital city of the State of Rio de Janeiro, the second largest city of Brazil, and the third largest metropolitan area and agglomeration in South America, boasting approximately 6.3 million people within the city proper, making it the 6th...
, Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
. It has a total area of 100,000 square kilometres, with 40 fields discovered and operated by Petrobras
Petrobras
Petróleo Brasileiro or Petrobras is a semi-public Brazilian multinational energy corporation headquartered in Rio de Janeiro, Brazil. It is the largest company in Latin America by market capitalization and revenue, and the largest company headquartered in the Southern Hemisphere by market...
.
The area has two major oil fields: Marlim
Marlim
Marlim is the name of a giant Brazilian oil field located in the north-eastern part of Campos Basin, about 110 km offshore Rio de Janeiro, in water depths ranging from 650m to 1,050m. Marlim means Marlin, in Portuguese....
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 metres (500,000 barrels) per day.
Total daily production of Campos Basin is 265,000 cubic metres (1.69 million barrels) of oil and 26,8 million cubic metres of natural gas per dayhttp://www2.petrobras.com.br/ri/port/DestaquesOperacionais/ExploracaoProducao/pdf/ProducaoEP_2009_port.pdf. The estimates are that in 2010, Campos Basin will be producing 282,000 cubic metres (1.8 million barrels) of oil and 34,6 million cubic metres of natural gas per dayhttp://www2.petrobras.com.br/Petrobras/portugues/plataforma/pla_bacia_campos.htm.
The confirmed reserves are 1.1 billion cubic metres (7.21 billion barrels) of oil and condensate, and 101.53 cubic kilometres of natural gas. Exploration seems to be fading; most reserves were found between 1985 and 1997.
In February 2010 a new 65 million barrel discovery was made by Petrobras
Petrobras
Petróleo Brasileiro or Petrobras is a semi-public Brazilian multinational energy corporation headquartered in Rio de Janeiro, Brazil. It is the largest company in Latin America by market capitalization and revenue, and the largest company headquartered in the Southern Hemisphere by market...
on the Barracuda oil field of Campos Basin.