Devon begins production at Polvo Field Offshore Brazil
Tuesday, 31st July 2007Devon Energy has commenced production from its Polvo oil field in Brazil. Polvo was discovered in 2004. It is located on block BM-C-8 in the Campos Basin offshore Rio de Janeiro in approximately 300 feet of water. Gross production is expected to peak by the end of 2008 at approximately 50,000 barrels of oil per day.