Due to a Pumping System Failure, Enauta Suspends Production at Two Wells in the Atlanta Field, Santos Basin

Written by Roberta Souza

Published on 06/07/2021 at 17:03

Updated on 06/07/2021 at 17:18

Embarcação no campo de Atlanta/ Fonte: epbr

Be the first to react!

Enauta Disclosed That the Pause in the Production of the Wells in the Atlanta Field, Located in the Santos Basin, Was Due to a Failure in the Pumping System

Last night (07/05), the oil company Enauta informed the market in a statement that it has suspended production in two of the three wells in the Atlanta Field, located in the Santos Basin, while a failure in the pumping system of both was also discovered. See also: Enauta Signs Million-Dollar Contracts for the Concession of Onshore Oil and Gas Blocks Acquired in December

The Interruption of Production in the Atlanta Field

In a relevant fact published, Enauta announces that one of the wells in the Atlanta Field is expected to resume production in the second half of this month, and the second is expected to return in August. The oil company also states in the announcement that, for now, no material change is expected in the production interval previously disclosed by Enauta.

In the statement, the company also mentioned that in June, the Atlanta Field reached its highest production volume of the year, at 17,300 barrels of oil per day. Production in the second quarter of the year was 16,700 barrels of oil equivalent per day, an increase of 42.7% compared to the previous quarter. The average daily production accumulated in 2021 reached 14,100 barrels of oil equivalent.

ARTICLE CONTINUES BELOW

See Also: With ANP Approval, Enauta Takes Over Full Operation in the Atlanta Field and Plans to Double Oil Production Capacity

Enauta recently informed that the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the establishment of guarantees for the company to take over 100% of the Atlanta Field, located in the Santos Basin. This operation aims to double the company’s oil production.

According to Enauta, the ANP approved the corporate modality as a financial guarantee instrument for the decommissioning of the asset. In the coming days, the signing of the amendment to the concession contract will occur so that 50% of the exploration rights of the oil field can be transferred to the company. Décio Oddone, Enauta’s CEO, states that with the definitive transfer of the Atlanta Field, they will take another important step to increase the company’s cash generation. The CEO also emphasized that soon they will have all three oil wells in production, which will meet the demand for Atlanta’s oil in a favorable price environment.

As disclosed in a relevant fact on December 21, 2020, the agreement signed with Barra Energia do Brasil Petróleo e Gás provides for a transfer of US$ 43.9 million to Enauta Energia, related to the future abandonment operations of three wells and the decommissioning of the existing facilities in the Atlanta Field. The receipt of this amount will occur after the signing of the amendment to the Concession Contract.

With this, Enauta — which already holds half of the field’s production — will begin to recognize all of the results from the Atlanta Field and report total pumping of around 18,000 barrels of oil per day, a record volume for the company (added the company in a relevant fact). For 2021, the projected average production for the field remains at 14,000 barrels of oil per day, with a positive or negative variation margin of 10%.

Due to a Pumping System Failure, Enauta Suspends Production at Two Wells in the Atlanta Field, Santos Basin

Enauta Disclosed That the Pause in the Production of the Wells in the Atlanta Field, Located in the Santos Basin, Was Due to a Failure in the Pumping System

The Interruption of Production in the Atlanta Field

See Also: With ANP Approval, Enauta Takes Over Full Operation in the Atlanta Field and Plans to Double Oil Production Capacity

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

PCC and Comando Vermelho enter the U.S. terrorism list and the Brazilian market is already trying to understand where this might hit first.

In a billion-dollar agreement of nearly R$ 50 billion, Dell takes over the supply of Microsoft software for the Pentagon and accelerates one of the largest military digital transformation initiatives of the decade with a direct impact on security and technology.

Road that charges electric vehicles through the ground is already operational in the USA and could change the future of wireless charging

BYD will bring the God’s Eye to Brazil in 2027, named Olho de Deus, an advanced driver assistance system with artificial intelligence, 5G network, and satellite connection that the Chinese automaker wants to popularize across its entire line of cars.

Due to a Pumping System Failure, Enauta Suspends Production at Two Wells in the Atlanta Field, Santos Basin

Enauta Disclosed That the Pause in the Production of the Wells in the Atlanta Field, Located in the Santos Basin, Was Due to a Failure in the Pumping System

The Interruption of Production in the Atlanta Field

See Also: With ANP Approval, Enauta Takes Over Full Operation in the Atlanta Field and Plans to Double Oil Production Capacity

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

PCC and Comando Vermelho enter the U.S. terrorism list and the Brazilian market is already trying to understand where this might hit first.

The military’s preschool assistance receives an 8.6% adjustment and now has a new value throughout Brazil, expanding financial support to Armed Forces families at a time of rising educational costs.

Celso Portiolli flies over a beach in SC by helicopter, calls the destination the ‘diamond of Brazil’ and buys an apartment for up to R$ 2.4 million in a city of 27,000 inhabitants that moved R$ 4 billion in real estate.

Lula says that the Brazilian naval industry will “thrash” China and Korea, while the government announces billions for barges, pushers, and a new hydro terminal in the Amazon.

After nearly three decades and more than 1 million cars produced, Toyota will close the historic Indaiatuba plant on June 30 and concentrate Corolla production in Sorocaba, as part of an R$ 11 billion plan that heavily invests in flex hybrids and even an unprecedented pickup.

PCC and Comando Vermelho enter the U.S. terrorism list and the Brazilian market is already trying to understand where this might hit first.

In a billion-dollar agreement of nearly R$ 50 billion, Dell takes over the supply of Microsoft software for the Pentagon and accelerates one of the largest military digital transformation initiatives of the decade with a direct impact on security and technology.

Road that charges electric vehicles through the ground is already operational in the USA and could change the future of wireless charging

BYD will bring the God’s Eye to Brazil in 2027, named Olho de Deus, an advanced driver assistance system with artificial intelligence, 5G network, and satellite connection that the Chinese automaker wants to popularize across its entire line of cars.