Iara oil field | |
---|---|
Country | Brazil |
Region | Santos Basin |
Block | BM-S-11 |
Offshore/onshore | Offshore |
Coordinates | 25°40′50″S 41°40′41″W / 25.68056°S 41.67806°W |
Operator | Petrobras |
Partners | BG Group (25%), Galp Energia (10%) |
Field history | |
Discovery | 2008 |
Start of production | 2017 (planned)[1] |
Production | |
Estimated oil in place | 3,000−4,000 million barrels (~−550,000,000 t) |
Producing formations | Guaratiba Group |
Iara oil field is a large ultra-deepwater pre-salt oil field located in the Santos Basin, 230 km (140 mi) off the coast of Rio de Janeiro, Brazil, north of Tupi oil field.[2][3][4] It covers an area of nearly 300 km2 (120 sq mi).[5]