Asset Report
Papa-Terra
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Papa-Terra is a heavy crude oil field in block BC-20 of the Campos basin. The field lies at a water depth of 1,190m, 110 kilometres offshore. It was discovered in 2003 and was declared commercial in 2005. Production started in 2014 but reservoir issues prevented the field from reaching its full potential. Papa-terra produced an average of 20,000 b/d in mid-2021 from six producing wells and four injectors connected into two platforms - one FPSO and one TLWP. Papa-Terra is the first ...
Table of contents
- Summary
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Key Issues
- Papa-Terra operational shutdown
- 3R Petroleum incorporated Enauta on an all-stock merger
- 3R Offshore acquired Petrobras' operated stake at Papa-Terra
- Technical glitch halts Papa-Terra production
- Local content
- Commitments
- Facilities
- Wells
- Capital costs
- Operating costs
- Cash flow
- Global Economic Model (GEM) file
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Reserves (2P) at 01/01/2026Production (2013-2022)
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Production ProfilePlatform SummaryCapital Costs Pre-2013 to 2021 (US$ million)Operating Costs 2020 to 2029 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - Undiscounted
- 5 more item(s)...
What's included
This report contains:
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