It is said that octopuses were the first intelligent beings on the planet. They can use tools and even open jars that children cannot. Also, they have excellent memory. With all this, it could only be PRIO's first asset, right?
Polvo Field
About Polvo Field
Our first asset, acquired in 2015
In 2016, we invested more than US$ 11 million to increase oil extraction from the field
In 2018, we drilled three wells, adding 5,000 barrels a day to production
In 2020, we drilled two more wells, increasing production by another 3,000 barrels a day
In 2021, we concluded the first tieback by an independent company in Brazil, connecting the Polvo Field to Tubarão Martelo Field
The Field’s economic life has been extended by 16 years
FunFact
1466457
Oil Sales (bbl) in 3Q23*16154
Daily Production (boepd) in 3Q23*
*The numbers refer to the production and sale of Oil from the Polvo + TBMT Cluster
FunFact
Fun Fact