EnP Acquires Onshore Oil Fields in Espírito Santo

The Onshore Oil Fields in Espírito Santo Acquired by EnP Belong to the Exploratory Blocks ES-T-354, 373, 441, 477, and 487.

EnP confirms its entry into the Brazilian upstream market this Wednesday (11/11). The oil company acquired a 50% stake in Petro-Victory Energy in the oil fields of the Lagoa Parda Hub in Espírito Santo – recently divested by Petrobras. Looking for a job? Resume registration for all positions for Petrobras offshore contracts at UO-Rio in Macaé and to work at the REFAP refinery this November 11

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The onshore oil fields acquired by EnP belong to the exploratory blocks ES-T-354, 373, 441, 477, and 487 and were acquired in the 14th ANP auction round.

Lagoa Parda Hub

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Imetame purchased Petrobras’s stake in the Lagoa Parda Hub last month; now, to increase production to 700 barrels/day of oil, the oil companies EnP and Imetame will work together to reactivate 29 wells in the field.

The Lagoa Parda Hub, in Espírito Santo, comprises three onshore concessions in production: Lagoa Parda, Lagoa Parda Norte, and Lagoa Piabanha. From January to August this year, the average production of the onshore fields was approximately 113.5 barrels of oil per day (bpd) and 1.7 thousand m3/day of natural gas.

Along with the fields, the Lagoa Parda Natural Gas Processing Unit (UPGN) was acquired, with a capacity of 1.25 million m3/day and a Liquid Treatment Station with a capacity of 25 thousand barrels daily. The companies intend to reactivate the UPGN and open access to third parties.

“We will work to put the UPGN back into operation as soon as possible. It is important for Espírito Santo, for the New Gas Market, and for Brazilian onshore,” commented EnP’s CEO, Márcio Félix.

EnP in Espírito Santo

• Acquisition of a 50% stake in the Lagoa Parda, Lagoa Parda Norte, and Lagoa Piabanha fields
• Acquisition of a 50% stake in the exploratory blocks ES-T-354, 373, 441, 477, and 487
• Reactivation of 29 wells in the Lagoa Parda Hub
• Reactivation of the Natural Gas Processing Unit (UPGN) Lagoa Parda, with a capacity of 1.25 million m3/day
• Drilling campaign for the Sintonia prospect located in block ES-T-441 still in 2020
• Three new exploratory wells for 2021