Petrobras aiming to sell stake in Manati field

Published by Nicholas Woodroof, Editor
Oilfield Technology, Tuesday, 05 May 2020 15:30

Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Manati field, a maritime production concession in shallow waters located in the Camamu Basin, in the state of Bahia.

The Manati field is located 10 km off the coast of the city of Cairú, Bahia, at a water depth of between 35 and 50 m. The field started operating in 2009 and its average production in 2019 was 105 bpd of condensate and 1 269 000 m³ /d of gas, through the PMNT-1 fixed platform, which involves a submarine structure composed of six gas producing wells.

Petrobras is the operator of the field, with 35% stake, in partnership with Enauta Participações (45%), Geopark Brasil E&P de Petróleo e Gás Ltda. (10%) and Brasoil Manati Exploração Petrolífera Ltda. (10%).

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/05052020/petrobras-aiming-to-sell-stake-in-manati-field/

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