Project Profile
Location: BCAM-40 Block, Camamu-Almada Basin , in the south region of the Manati Field , at the coast of the Municipality of Cairú , in the State of Bahia, Brazil
Reserves: 12.4 MMBOE of recoverable hydrocarbons (oil and gas)
Production: Average between 5.5 to 6 MMcm/d (2012)
Area: 17 km²
Water Depth: 40 metres
The Camarão Norte Field is located inside the BCAM-40 Block, Camamu-Almada Basin , in the south region of the Manati Field, at the coast of the Municipality of Cairú , in the State of Bahia and was discovered in 2001. The field reservoirs of the Camarão Norte are of Sergi sandstones (same as the Manati field) and the operator estimates that these reservoirs hold 12.4 MMBOE of recoverable hydrocarbons (oil and gas) inside the block. The field is a ring fenced area of 17 square km in 40 metres of water depth. In September 2007, El Paso (the owner of the block) declared commerciality of the Camarão field in the BM-CAL-4 block. According to the Brazilian Petroleum Law, the Camarão and the Camarão Norte parts of the field have to be unitised into a common development plan to be proposed to ANP. The partners in this Field are Petrobras, the operator, holding a 35% interest, Queiroz Galvao, with a 45% interest, Panoro Energy with a 10% interest and Brasoil with a 10% interest.
Operators:
Petrobras: Operator with 35% interest
Queiroz Galvao: 45% interest
GeoPark Brasil Ltda: 10% interest after farm out from Panoro Energy in May 2013
Brasoil: 10% interest