Enauta, an oil and natural gas exploration and production company, announced the temporary stoppage of production at the Atlanta Field, located in the Santos Basin, after an incident.
Enjoy, Brazilian oil company responsible for oil and natural gas exploration, released this Tuesday morning (25) that there was a temporary stoppage of the production at the Atlanta Field. This fact could impact the market and harm the company, which said it was evaluating the causes of the interruption.
Causes of interruption in production at the Atlanta Field
A Enjoy said it is analyzing the reasons for the interruption of production. According to the company, preliminary investigations indicate the failure of subsea equipment associated with well 7-ATL-2HP-RJS (2HP). However, the other two wells are still producing and should remain in operation.
Enauta subsidiary controls production at the Atlanta Field
O atlanta field is located in Santos Basin and is operated by Enauta Energia SA, a wholly-owned subsidiary of Enauta Participações. In addition, the oil company is the total owner of this asset. This information may be relevant to investors, as the reduction in production may affect the value of Enauta's shares.
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Keep the market informed
Finally, the Enjoy said it will keep the market informed of relevant developments related to this matter. It is important for the company to provide clear information and deadlines for solving the problem, to avoid losses to investors and other sectors of the economic market.
About Enauta
A Enjoy is a company of oil and natural gas exploration and production, is responsible for production at the Atlanta, Gomo and Manati fields. The company has been contributing to the growth of the Brazilian economy, in addition to consolidating its name in the oil and gas market.
Production is one of the main sectors of Enauta's performance, and the temporary interruption of production at the Atlanta Field could affect the company's financial performance. Therefore, it is important that the company presents an action plan to minimize the losses generated by this stoppage.