PRIO Advances in Revitalization of Campo de Frade in the Campos Basin and Discovers Indications of Oil at Maracanã Prospect

Written by Ruth Rodrigues

Published on 11/05/2023 at 23:46

Foto: PRIO

Seja o primeiro a reagir!

The Revitalization Campaign of the Frade Field Is Highlighting the Region of the Basin of Campos. With the New Discovery of Signs of Oil in Maracanã, PRIO Is Preparing for Even More Intense Months.

The oil and gas market giant PRIO announced last Monday (05/08) that it has found new signs of oil in the Maracanã prospect, located in the Basin of Campos. The discovery occurred during the revitalization campaign of the Frade Field, which has been successful in the company’s projects. Now, the company is preparing to conduct even more intensive testing in search of new reserves over the next few months.

New Discovery of Signs of Oil by PRIO in the Maracanã Prospect Ensures Another Advance in the Company’s Campaign in the Basin of Campos

The Brazilian oil and gas company PRIO, previously known as PetroRio, is about to expand its presence in the oil industry in Brazil.

During a field revitalization campaign, PRIO discovered evidence of oil in a prospect located off the Brazilian coast.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

During the second phase of the revitalization of the Frade Field, PRIO contracted the Norbe VI drillship to carry out the development of Wahoo in the Basin of Campos, Brazil, and it was in this context that the discovery was made.

The prospect in question is Maracanã (well 3-PRIO-1-RJS), located 6 km southwest of the FPSO Valente. According to the company, the Eocene sandstone, which is the primary target, showed a column of 36 meters of oil with 28% rock porosity and original initial pressure.

The company also pointed out that it found evidence of oil in the secondary target, the Miocene sandstone, with 29% porosity. This discovery is a significant step for PRIO and for the Brazilian oil industry.

With the Norbe VI drillship contract expected to end in August 2023, the company has ambitious plans to continue developing the Frade Field and expand its operations in the country.

Additionally, with the discovery of oil in Maracanã, PRIO can contribute to strengthening the country’s economy, generating jobs, and promoting sustainable development of the oil and gas industry.

Company Plans to Intensify Testing in Search of New Oil Reserves Following the Revitalization of the Frade Field in the Basin of Campos

PRIO announced that it plans to conduct technical studies in the coming months to assess the possibility of drilling another extension well in a prospect located off the Brazilian coast.

The discovery made in the Maracanã prospect, located 6 km southwest of the FPSO Valente, ensures the company a promising future, depending on the upcoming tests.

According to PRIO, if the accumulations are economically viable, they could pave the way for new development in the Frade Field.

PRIO holds 100% of the Frade Field, which is a subsea development located in the northern Basin of Campos with wells linked to the FPSO Valente.

The company acquired the field in January 2021 after agreements with Petrobras and Chevron in 2019 and 2021, respectively.

Recently, the oil company also completed the acquisition of TotalEnergies’ stake in block BM-C-32, which includes the Itaipu field in offshore Brazil.

PRIO established a long-term operational agreement with Ocyan for the use of the sixth-generation semisubmersible platform West Capricorn in offshore operations in Brazil.

Now, it is turning its focus to the search for oil in the Maracanã prospect in the Basin of Campos and investing in the expansion of its presence in the domestic market.

PRIO Advances in Revitalization of Campo de Frade in the Campos Basin and Discovers Indications of Oil at Maracanã Prospect

The Revitalization Campaign of the Frade Field Is Highlighting the Region of the Basin of Campos. With the New Discovery of Signs of Oil in Maracanã, PRIO Is Preparing for Even More Intense Months.

New Discovery of Signs of Oil by PRIO in the Maracanã Prospect Ensures Another Advance in the Company’s Campaign in the Basin of Campos

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Company Plans to Intensify Testing in Search of New Oil Reserves Following the Revitalization of the Frade Field in the Basin of Campos

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

Someone released 18 beavers in the upper Ebro River; it seemed like an isolated case, but no one knows who did it or how to stop their expansion, and now they have already reached Catalonia. And there’s a detail that changes the game: they can help restore rivers and even capture carbon.

Without a blueprint, without an engineer, and using scrap from the dump, a father spends 15 years building an 18-room castle for his daughter, featuring tram tracks, 13 fireplaces, and over 700 m², which may now be demolished.

The U.S. Army surprises the world by presenting the UH-60MX Black Hawk helicopter capable of flying without pilots, controlled by a tablet, featuring the MATRIX system, smart sensors, and full autonomy in real combat and rescue missions.

USP opens 10,000 spots in a free 100% online course lasting 110 hours in areas such as nutrition and health, with registrations until April 15 and classes on diabetes, obesity, and educational public policies.

YouTuber creates an excavator equipped with a giant 4.5-meter sword to challenge his brother to a rematch, and the invention quickly goes viral on social media.

Scientists from an international project drill 1,800 meters of ice in Antarctica using hot water and discover details about one of the most intriguing places on planet Earth.

Someone released 18 beavers in the upper Ebro River; it seemed like an isolated case, but no one knows who did it or how to stop their expansion, and now they have already reached Catalonia. And there’s a detail that changes the game: they can help restore rivers and even capture carbon.

A retired engineer in Canada built a water wheel by the river next to his house that generates 36 kWh per day without needing a dam, and now it produces so much energy that he exports the surplus to the power grid.

Bauer Group collapses after failed judicial recovery: 25 years, 800 vehicles, and a network of gas stations leave a debt of R$ 50 million and 100 layoffs, exposing costs, tight margins, and expensive credit in Brazil.

A huge Maya city has been detected beneath the Mexican jungle with the help of LiDAR, a system that shoots laser pulses from above to map the ground beneath the vegetation, revealing 6,764 structures.

The law that many elderly people are still unaware of protects those aged 60 and over against abusive charges from banks, guarantees debt renegotiation, and prevents loans and credit cards from consuming their entire retirement pension.

PRIO Advances in Revitalization of Campo de Frade in the Campos Basin and Discovers Indications of Oil at Maracanã Prospect

The Revitalization Campaign of the Frade Field Is Highlighting the Region of the Basin of Campos. With the New Discovery of Signs of Oil in Maracanã, PRIO Is Preparing for Even More Intense Months.

New Discovery of Signs of Oil by PRIO in the Maracanã Prospect Ensures Another Advance in the Company’s Campaign in the Basin of Campos

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Company Plans to Intensify Testing in Search of New Oil Reserves Following the Revitalization of the Frade Field in the Basin of Campos

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

Someone released 18 beavers in the upper Ebro River; it seemed like an isolated case, but no one knows who did it or how to stop their expansion, and now they have already reached Catalonia. And there’s a detail that changes the game: they can help restore rivers and even capture carbon.

Without a blueprint, without an engineer, and using scrap from the dump, a father spends 15 years building an 18-room castle for his daughter, featuring tram tracks, 13 fireplaces, and over 700 m², which may now be demolished.

The U.S. Army surprises the world by presenting the UH-60MX Black Hawk helicopter capable of flying without pilots, controlled by a tablet, featuring the MATRIX system, smart sensors, and full autonomy in real combat and rescue missions.

USP opens 10,000 spots in a free 100% online course lasting 110 hours in areas such as nutrition and health, with registrations until April 15 and classes on diabetes, obesity, and educational public policies.

YouTuber creates an excavator equipped with a giant 4.5-meter sword to challenge his brother to a rematch, and the invention quickly goes viral on social media.

Scientists from an international project drill 1,800 meters of ice in Antarctica using hot water and discover details about one of the most intriguing places on planet Earth.

Petrobras evaluates suspension of sales to distributors and considers canceling the cooking gas auction following guidelines from the Federal Government.

Lula reveals a masterstroke by Petrobras to undo a deal made by Bolsonaro, which involves the return of an important refinery that currently produces less than half of what was expected and makes Brazil dependent on international diesel.

A study confirms that the natural gas sector will reduce greenhouse gas emissions in Brazil by 0.5% and accelerate the energy transition by 2026.

Petrobras implements a severe adjustment and confirms a 55% increase in the price of aviation kerosene with a proposal for installment payments for the companies.

The rise in oil prices could ensure an extra revenue of R$ 100 billion for the Federal Government, indicates a recent economic study.

Someone released 18 beavers in the upper Ebro River; it seemed like an isolated case, but no one knows who did it or how to stop their expansion, and now they have already reached Catalonia. And there’s a detail that changes the game: they can help restore rivers and even capture carbon.

A retired engineer in Canada built a water wheel by the river next to his house that generates 36 kWh per day without needing a dam, and now it produces so much energy that he exports the surplus to the power grid.

Bauer Group collapses after failed judicial recovery: 25 years, 800 vehicles, and a network of gas stations leave a debt of R$ 50 million and 100 layoffs, exposing costs, tight margins, and expensive credit in Brazil.

A huge Maya city has been detected beneath the Mexican jungle with the help of LiDAR, a system that shoots laser pulses from above to map the ground beneath the vegetation, revealing 6,764 structures.

The law that many elderly people are still unaware of protects those aged 60 and over against abusive charges from banks, guarantees debt renegotiation, and prevents loans and credit cards from consuming their entire retirement pension.