Brazilian oil and gas company PRIO, formerly known as PetroRio, has begun production from another well in its subsea interconnection project in the Campos Basin offshore Brazil.
PRIO has opened the taps on its third production well in Wahoo fieldProduction stabilized at 10,000 barrels of oil per day. This comes after the company broadcast Good first production Followed by Second After the Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) awarded an award Operating license.
Before that, the company insured consent Installing the field production development system and connecting the wells to the network FPSO Valienteformerly known as Frade.
PRIO reduced the well flow rate, keeping Wahoo field production at 32,000 barrels of oil per day through three producing wells.
Once the fourth well, scheduled for the end of April, is operational, the company intends to limit the field’s production to 40,000 barrels of oil per day.
Brazilian company Recently received From Ibama an amendment to the drilling license for the Frade field, allowing the company to drill up to 14 new wells.
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