Carcará - Another Big Pre-salt Play in Brazil
Claudio Paschoa
January 23, 2014
The Carcará oilfield off the Brazilian coast is named for a bird of prey that is liberally known as the Brazilian Eagle, its scientic name is: Polyborus Plancus. Carcará located in Block BM-S-8 is believed to hold one of the thickest reservoirs ever discovered in Brazil's Santos Basin pre-salt cluster, with a reservoir thickness of 471 meters. The play is being developed by a consortium composed of Petrobras (66%), Galp Energy (14%), and Brazilian players QGEP and Barra Energia with (10%) each. Tested flow rates and reservoir conditions at the Carcará discovery are superior to the famous Lula field. The Lula field, which is currently producing about 100,000 bopd, is estimated to hold recoverable reserves of between 5 billion and 8 billion boe.