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PetroRio Soars and Increases Oil Production by 19% in 2021

Written by Roberta Souza
Published on 07/01/2022 at 18:30
PetroRio – produção - petróleo
PetroRio/ Fonte: Money Invest
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According to PetroRio’s production data, over 5 thousand extra barrels of oil were extracted compared to 2020

PetroRio announced on the evening of last Thursday, January 6, the preliminary data of its oil and gas production for the year 2021. As described in the report, the oil company concluded the period with 31,615 equivalent barrels of oil extracted daily. The volume represents a growth of about 19% compared to the numbers from 2020 – the year in which PetroRio had a production of 26,569 equivalent barrels of oil per day.

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Barrel Production of Oil

Especially regarding the month of December, PetroRio states that its total production balance was 34,180 equivalent barrels of oil per day. This is equivalent to a growth of 9.4% compared to the month of November (31,235 equivalent barrels of oil daily).

PetroRio also declared that the “production from the Tubarão Martelo Field in December was impacted by the shutdown of production from the OGX-44HP well in the first days of the month due to a failure in the submerged centrifugal pump (BCS), causing a reduction in production of about 1.4 kbpd.” The Kingmaker rig is performing a workover, which is scheduled to be completed by the end of January.

Recently, PetroRio formalized its request for Declaration of Commerciality for the Wahoo discovery to the National Agency of Petroleum (ANP). The oil company also made public the Development Plan under an exclusive operation regime for the asset to the agency. Wahoo is located in block C-M-101 in the Campos Basin and has a total of 126 million recoverable barrels of oil (1C), according to the reserve certification issued in January by D&M.

About PetroRio

PetroRio was established in 2009 and is a private company focused on the Exploration and Production (E&P) of oil and natural gas in Brazil. The oil company is concentrated on managing reserves and improving mature production fields located onshore and offshore.

PetroRio, the Largest Independent Oil and Gas Company in Brazil, Started Registrations for Positions in Rio de Janeiro on 11/22; Candidates Without Experience Are Called for Internship Opportunities

Looking for your first job? PetroRio, the largest independent oil and gas company in Brazil, started registrations for its internship program on November 22. Named ‘Cria da Prio’, the program offers positions in areas related to the company’s operations as well as in administrative and back-office areas. Click here to read this article in full.

Roberta Souza

Author for the Click Petróleo e Gás portal since 2019, responsible for publishing over 8,000 articles that have garnered millions of views, combining technical expertise, clarity, and engagement to inform and connect readers. A Petroleum Engineer with a postgraduate degree in Industrial Unit Commissioning, I also bring practical experience and background in the agribusiness sector, which broadens my perspective and versatility in producing specialized content. I develop content topics, disseminate job opportunities, and create advertising materials tailored for the industry audience. For content suggestions, job vacancy promotion, or advertising proposals, please contact via email: santizatagpc@gmail.com. We do not accept resumes

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