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Petrobras concludes sale of onshore and shallow water fields

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Oilfield Technology,


Petrobras has finalised the sale of its entire participation in two onshore production fields (Ponta do Mel and Redonda), located in the Potiguar Basin, in the state of Rio Grande do Norte, to Central Resources do Brasil Produção de Petróleo Ltda.

The operation was concluded totalling US$7.2 million for Petrobras, with payment to be made over 18 months.

The fields of Ponta de Mel and Redonda are located in the municipality of Areia Branca, in the state of Rio Grande do Norte. The average oil production of the fields in the first half of 2020 was around 493 bpd.

Petrobras has also completed the sale of its entire stake in the 10 fields that comprise the Pampo and Enchova Clusters, located in shallow water in the Campos Basin in the state of Rio de Janeiro, to Trident Energy do Brasil LTDA, a subsidiary of Trident Energy L.P.

The transaction was concluded with the payment of US$365.4 million to Petrobras.

The Pampo and Enchova Clusters are located in the Campos Basin, on the coast of Rio de Janeiro, and include the fields of Enchova, Enchova Oeste, Marimbá, Piraúna, Bicudo, Bonito, Pampo, Trilha, Linguado and Badejo. The total oil and gas production of these fields, from April to June 2020, was around 22 000 boe/d, through platforms PPM-1, PCE-1, P-8 and P-65. With this transaction, Trident will become the operator of these concessions with a 100% stake in them.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/16072020/petrobras-concludes-sale-of-onshore-and-shallow-water-fields/

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