The sale value is US$1.5 million, to be paid in two installments: (a) US$300 000 at signing of the transaction; and (b) US$1.2 million at closing of the transaction, without considering the adjustments due.
Petrobras is the operator of the three fields with 65% interest and OP Pescada Óleo e Gás Ltda. holds the remaining 35% in consortium. The average production of the Pescada Cluster from January to June 2020 was approximately 260 bpd and 190 000 m3/d of gas.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/10072020/petrobras-agrees-to-sell-shallow-water-fields-in-potiguar-basin/
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