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According to PetroRio production data, more than 5 extra barrels of oil were extracted compared to 2020
PetroRio released last Thursday night, January 6, preliminary data on its oil and gas production during the year 2021. As described in the report, the oil company ended the period with 31.615 barrels of oil equivalent extracted daily. The volume is equivalent to a growth of about 19% compared to the figures for 2020 – the year in which PetroRio produced 26.569 barrels of oil equivalent per day.
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Production of barrels of oil
Especially in relation to the month of December, PetroRio says that its total production balance was 34.180 barrels of oil equivalent per day. This is equivalent to a growth of 9,4% compared to November (31.235 barrels of oil equivalent daily).
PetroRio also stated that “production at the Tubarão Martelo Field in December was impacted by the stoppage of production at well OGX-44HP in the first days of the month, due to a failure in the submersible centrifugal pump (BCS), causing a reduction in production by about of 1,4 kbpd”. The Kingmaker rig is performing a workover, which is expected to be completed in January.
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Not long ago, PetroRio formalized the request for a Declaration of Commerciality for the Wahoo discovery at the National Petroleum Agency (ANP). The oil company also made public the Development Plan for the agency to operate the asset exclusively. Wahoo is located in the CM-101 block, in the Campos Basin, and has a total of 126 million recoverable barrels of oil (1C), according to the certification of reserves issued in January by D&M.
About PetroRio
PetroRio was inaugurated in 2009 and is a private company focused on Exploration and Production (E&P) of oil and natural gas in Brazil. The oil company focuses on managing reserves and improving mature production fields located on land (“onshore”) and at sea (“offshore”).
PetroRio, the largest independent oil and gas company in Brazil, began registration for vacancies in Rio de Janeiro on 22/11; Candidates without experience are invited for internship opportunities
Looking for the first job? PetroRio, Brazil's largest independent oil and gas company, started enrollment for its internship program on November 22nd. Called 'Cria da Prio', the program offers vacancies for areas related to the company's operations as well as for administrative and back office areas. Click here to read this article in full.
