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Earnings Release
,Operations
PRIO hits record production in February
PRIO, Brazil’s largest independent oil and gas company, reported record production last month (February), 35,671 barrels/day, the company’s highest monthly average.
The highlight was the Octopus – Hammerhead Shark cluster, which had a production increase of more than a thousand barrels/day.
The improved operational performance of FPSO Bravo associated with the completion of the workover of the Tubarão Martelo field wells by KingMaker led the company to achieve this result.
“We are happy to know that our efforts are on the right track and that we have already begun to reap the fruits of our relentless pursuit of excellence in operational efficiency,” celebrates Francilmar Fernandes, Director of Operations at PRIO.