Lagosta Field

Lagosta Field
Location of the field in the Santos Basin
Country  Brazil
Region Santos Basin
Block BS-1
Offshore/onshore Offshore
Coordinates 25°11′S 45°00′W / 25.183°S 45.000°W / -25.183; -45.000Coordinates: 25°11′S 45°00′W / 25.183°S 45.000°W / -25.183; -45.000
Operator Petrobras, formerly El Paso Corp.
Field history
Discovery July 2003
Start of development 2009
Production
Estimated oil in place 35.16 million barrels (~4.797×10^6 t)
Estimated gas in place 173×10^9 cu ft (4.9×10^9 m3)
Producing formations Itajaí-Açu Formation

Lagosta Field is an oil and gas field located in the Santos Basin of southeastern Brazil. The field was discovered in July 2003 and was operated by El Paso Corp. oil company, holding a 60% stake with Petrobras owning the other 40%.[1] Later, the field passed to Petrobras as operator. The field is estimated to contain 0.173 trillion cubic feet (4.9×10^9 m3) of gas,[2] and 35.16 million barrels (5.590×10^6 m3) of oil in the Itajaí-Açu Formation.[3] The field, located next to the Merluza Field, the first discovery in the Santos Basin in 1979, started development in 2009.[4]

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