Papa-Terra Oil and Gas Field (Rio de Janeiro, Brazil)

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Papa-Terra Oil and Gas Field is an operating oil and gas field in Rio de Janeiro, Brazil.

Project Details

Main Data

Table 1: Field-level project details for Papa-Terra Oil and Gas Field

*Final Investment Decision

Unit name	Status	Operator	Owner	Discovery year	FID* year	Production start year
Papa-Terra	Operating	Petrobras	3R Petroleum (62.5%); Chevron Brasil (37.5%)	2003	–	2013

Production and Reserves

Table 2: Reserves of Papa-Terra Oil and Gas Field

million m³ = million cubic meters

million bbl = million barrels of oil

Fuel Description	Reserve Classification	Quantity	Units	Data Year	Source
gas	original volume in place	10752.12	million m³	2015
oil	original oil in place	1744.49	million bbl	2015

Table 3: Production from Papa-Terra Oil and Gas Field

million bbl/y = million barrels of oil per year

million m³ = million cubic meters

million bbl = million barrels of oil

Category	Fuel Description	Quantity	Units	Data Year	Source
cumulative production	gas	117.78	million m³	2015
cumulative production	oil	15.74	million bbl	2015
production	oil	5.84	million bbl/y	2022

Location

Table 4: field-level location details for Papa-Terra Oil and Gas Field

Location	Coordinates (WGS 84)
Rio de Janeiro, Brazil	-23.521, -41.069 (exact)

The map below shows the exact location of the field:

Loading map...

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Background

In 2021, Petrobras signed a contract its sale of the Papa-Terra field to 3R Petroleum Offshore SA for a total of US$105.6 million, with US$6 million paid in July 2021, US$9.6 million paid upon closing and US$90 million contingent upon production levels and future oil prices.

In 2023, Petrobras finalized the sale of the Papa-Terra field and can be paid an additional US$80.4 million in future payments contingent upon Brent oil prices and additional field development.

Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.