Oil and Gas Production
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. 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. Marlim complex produces over 80,000 cubic metres (500,000 barrels) of crude oil per day.
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.
Coordinates: 22°28′52″S 34°50′00″W / 22.48111°S 34.8333333°W / -22.48111; -34.8333333
Read more about this topic: Campos Basin
Famous quotes containing the words oil and, oil, gas and/or production:
“The river sweats
Oil and tar
The barges drift
With the turning tide”
—T.S. (Thomas Stearns)
“Opinions are to the vast apparatus of social existence what oil is to machines: one does not go up to a turbine and pour machine oil over it; one applies a little to hidden spindles and joints that one has to know.”
—Walter Benjamin (1892–1940)
“Papa died in the gas chamber,
slipping blue as an undressed minnow,
gulping in the shower to wash the Jew off him.”
—Anne Sexton (1928–1974)
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (1872–1933)