Lagosta Field is an oil and gas field located in the Santos Basin of southeastern Brazil. The field was discovered in July 2003 and was operated by El Paso Corp. oil company, holding a 60% stake with Petrobras owning the other 40%.[1] Later, the field passed to Petrobras as operator. The field is estimated to contain 0.173 trillion cubic feet (4.9×10^9 m3) of gas,[2] and 35.16 million barrels (5.590×10^6 m3) of oil in the Itajaí-Açu Formation.[3] The field, located next to the Merluza Field, the first discovery in the Santos Basin in 1979, started development in 2009.[4]

Lagosta Field
Lagosta Field is located in Brazil
Lagosta Field
Location of the field in the Santos Basin
Country Brazil
RegionSantos Basin
BlockBS-1
Offshore/onshoreOffshore
Coordinates25°11′S 45°00′W / 25.183°S 45.000°W / -25.183; -45.000
OperatorPetrobras, formerly El Paso Corp.
Field history
DiscoveryJuly 2003
Start of development2009
Production
Estimated oil in place35.16 million barrels (~4.797×10^6 t)
Estimated gas in place173×10^9 cu ft (4.9×10^9 m3)
Producing formationsItajaí-Açu Formation

See also edit

References edit

  1. ^ El Paso declares Brazil's Lagosta field commercial
  2. ^ Vieira, 2007, p.9
  3. ^ "Santos Basin - list of fields". Archived from the original on 2017-09-07. Retrieved 2017-09-07.
  4. ^ ANP approves development of Lagosta field

Bibliography edit

  • Vieira, Juliana. 2007. Brazil Round 9 - Santos Basin, 1–73. ANP. Accessed 2017-09-04. Archived 2017-02-03 at the Wayback Machine