Asset Report
Buzios
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Búzios is a giant pre-salt oil and gas field located in the Santos Basin. Petrobras achieved first oil in April 2018. In 2019, a consortium formed by Petrobras (85% and operator), CNOOC (10%) and CNPC (5%) got the rights to produce under a profit share contract the surplus volumes above the 3 billion boe awarded to Petrobras (100%) under the original Transfer of Rights agreement in 2010. The original Transfer of Rights volume corresponds to around 26% of the total reserves. From September 2021 onwards, the two contracts will share production, capital costs and operational costs. For a full analysis, please assess Búzios and Búzios (Surplus) models together.
Table of contents
- Key facts
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Summary and key issues
- Summary
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Key issues
- Petrobras accelerates FPSO contracting
- Buzios 5 FPSO starts production in 2023 after construction delays
- Petrobras accelerates equipment contracting
- Petrobras secures Búzios surplus volumes with CNOOC and CNPC
- Co-participation payment challenge the economics for the Surplus volumes
- Transfer of Rights (TOR) re-valuation
- Location maps
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Participation
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History
- Local content
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History
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Geology
- Reservoir
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Hydrocarbon quality
- Oil
- Gas
- Well data
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Exploration
- Work commitments
- Extended well tests
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Reserves and resources
- Oil
- Gas
- Production
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Development
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Key development metrics
- Wells
- Facilities
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Key development metrics
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Infrastructure
- Oil
- Gas
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Costs
- Exploration costs
- Capital costs
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Operating costs
- Field costs
- Lease costs
- Transportation cost
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Well data: Table 1
- Production: Table 1
- Production: Table 2
- Buzios - Production Profile
- Buzios (Surplus) - Production Profile
- Reserves and resources: Table 1
- Costs: Table 1
- Costs: Table 2
- 20 more item(s)...
What's included
This report contains:
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