Even With A Small Recent Growth, The Production Of The Petrobras Replacement Candidate In Rio Grande Do Norte Continues To Decline. ANP Data Reveals That 3R Petroleum Has Been Losing Strength In The Oil And Gas Sector In The State.
Recently published by the National Agency of Petroleum, Natural Gas And Biofuels (ANP), the December edition of the Oil And Gas Monthly Production Bulletin is available for consultation. Data from the last month of 2022 reveal the loss of strength of 3R Petroleum in oil and gas production in the state of Rio Grande do Norte. The Petrobras replacement candidate in the region ended 2022 on a strong decline trend, even with a small productive growth.
Even With Small Growth, The Oil And Natural Gas Production Of 3R Petroleum In Rio Grande Do Norte Continues To Decline, ANP Data Shows
The data from the December edition of the Oil And Gas Monthly Production Bulletin, from ANP, showed a slight increase in oil and gas production from 3R Petroleum in the Potiguar market.
Production rose from 4,800 boe/d in November – 22 to 5,007 boe/d in December – 22. Despite this, in December – 21, production in these same areas was 7,199 boe/d.
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In this way, the data from Petrobras’ competitor shows that production in Rio Grande do Norte declined by 30% compared to the previous year.
Even with a small growth, the oil company continues to experience a constant decrease in its production capacity in the state.
If it succeeds in finalizing the purchase and sale transaction of 22 land and offshore fields in the Potiguar Pole with the state-owned company, 3R Petroleum will operate in the following poles: Macau Pole, Areia Branca Pole, and Pescada Pole.
It is currently the main competitor of Petrobras for its replacement in the oil and gas market of Rio Grande do Norte.
Despite this, the poles it will operate exhibit a strong decline trend in production in recent months.
The Macau Pole is currently experiencing a 34.7% decrease over the year. The Areia Branca Pole saw a decline of 1% between November and December. Finally, the Pescada Pole is facing a production decrease of 7.3% between November and December.
In this way, the company is preparing for a period of instability in replacing Petrobras in the state.
The Company Entered The Rio Grande Do Norte Market In 2018 And Is Currently The Big Bet To Replace Petrobras In The Oil And Gas Production
3R Petroleum entered the Potiguar market back in 2018, when it was a microenterprise in the oil and gas sector.
It was announced by Petrobras as the winner of the auction for the acquisition of 34 oil fields in the Riacho da Forquilha Pole (RN), with a bid of US$ 453.1 million.
Despite this, it was denounced by the Union of Oil Workers of RN (SINDIPETRO-RN) at the time.
According to the agency, what is at stake in the bidding processes among the companies is the requirement for minimally necessary qualifications to operate dozens of mature oil fields and the investment capacity to maintain production at satisfactory levels while exploring new areas.
Despite the controversies involving the union and the production declines in the state, 3R Petroleum remains the main candidate to replace Petrobras in Rio Grande do Norte.

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