Campos Basin

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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 day[1]. 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 day[2].

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.

Coordinates: 22°28′52″S 34°50′00″W / 22.48111°S 34.8333333°W / -22.48111; -34.8333333

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