Sugar Loaf field

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Carioca/Sugar Loaf
Region: Latin America
Country: Brazil
Location/Block(s): BM S 21, 8 & 9
Offshore/Onshore: Offshore
Operators: Petrobras
Partners: Galp Energia BG Group
Field History
Discovery: 2007
Production
Producing Formations: pre-salt Aptian Guaratiba

The Carioca/Sugar Loaf field is a potential deepwater oil field in the Atlantic Ocean off the coast of São Paulo, Brazil. The field is possibly part of an important emerging petroleum basin known as the Santos Basin. Two other large oil fields have been discovered in this basin in 2007 and 2008, the Tupi and Jupiter fields. By now the state and size of the Carioca/Sugar Loaf field has not been clarified[1], despite of the fact that some official say that it is too early to tell there are speculations that it could contain between 25 and 40 billion barrels[2].


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