Barracuda

Field Location and Operational Details

• The Barracuda conventional oil field is located in deepwater in Brazil, specifically in block BR (Barracuda), with a water depth of 3,451 feet.

Ownership and Operation

• The field is owned and operated by Petroleo Brasileiro S.A. (Petrobras), an integrated oil and gas company headquartered in Rio de Janeiro, Brazil.

Production Statistics

• The Barracuda field has recovered 80.97% of its total recoverable reserves. Peak production was achieved in 2006, and based on economic assumptions, production is expected to continue until the field reaches its economic limit in 2043. Currently, the field accounts for approximately 1% of Brazil's daily oil output.

Contractors Involved

• Key contractors involved in the Barracuda project include PGS, among others.

Expansion and Revitalization Projects

• There is an associated expansion project known as the Barracuda Revitalization Project, which is currently in the feasibility stage and is expected to start in 2028.

Field Participation and Economic Impact

• Petrobras, as the sole owner, manages all aspects of the field's operation. The field's production contributes to Brazil's overall oil output and is part of Petrobras's extensive portfolio of oil and gas assets in the region.

Technical and Infrastructure Details

• The field operates in deepwater conditions, requiring specialized equipment and infrastructure to manage the extraction process. Given the depth and complexity, the operations involve advanced technological solutions to ensure efficient and safe production.

By combining these details, you can create a full profile for the Barracuda oil project:

Barracuda Conventional Oil Field Profile

Location

• Block: BR (Barracuda)
• Water Depth: 3,451 feet
• Country: Brazil

Ownership and Operation

• Owner: Petroleo Brasileiro S.A. (Petrobras)
• Operator: Petroleo Brasileiro S.A. (Petrobras)

Production

• Recovery Status: 80.97% of total recoverable reserves
• Peak Production Year: 2006
• Expected Production End: 2043
• Current Contribution to National Output: Approximately 1% of Brazil's daily oil output

Contractors

• Key Contractors: PGS

Projects

• Barracuda Revitalization Project: Currently in the feasibility stage, expected to start in 2028

Economic and Operational Impact

• Contribution to National Oil Output: Significant contributor to Brazil's oil production
• Technological and Infrastructure Requirements: Advanced deepwater extraction technologies and specialized infrastructure