Rio de Janeiro, January 6, 2022 - Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited
Operational Data for the month of December.
Daily Production (boepd)
(1)
TBMT
Manati
Month
Frade
Polvo
(80%)
(10%)(2)
Total
January
12,005
9,498
6,701
2,157
30,362
February
16,247
5,904
5,934
1,806
29,891
March
17,005
8,655
5,748
2,289
33,698
1Q21
15,086
8,019
6,128
2,084
31,317
April
15,716
8,157
5,698
1,982
31,553
May
12,653
9,353
5,703
2,304
30,013
June
16,454
9,019
4,350
2,287
32,110
2Q21
14,941
8,843
5,250
2,191
31,225
(1)
Cluster Polvo + TBMT
Manati
Month
Frade
(95%)
(10%)(2)
Total
July
16,616
11,622
1,989
30,228
August
16,588
15,054
1,950
33,593
September
15,988
13,390
1,666
31,044
3Q21
16,398
13,356
1,868
31,621
October
15,630
13,807
2,042
31,480
November
13,843
15,238
2,154
31,235
December
15,610
16,995(3)
1,575
34,180
4Q21
15,028
15,347
1,924
32,298
2021
15,363
14,236
2,017
31,615
Oil Offtakes (bbl)
Month
Frade
Polvo
TBMT
Total
January
-
-
-
-
February
1,020,846
514,794
392,072
1,927,712
March
-
-
-
-
1Q21
1,020,846
514,794
392,072
1,927,712
April
1,029,950
601,345
312,163
1,943,457
May
-
-
-
-
June
500,001
393,610
-
893,610
2Q21
1,529,950
994,955
312,163
2,837,067
July
-
754,168
319,742
1,073,910
August
986,039
-
986,039
September
-
424,563
424,563
3Q21
986,039
1,498,474
2,484,513
October
1,005,505
916,746
1,922,251
November
-
-
-
December
994,978
909,945
1,904,922
4Q21
2,000,482
1,826,691
3,827,173
2021
5,537,317
5,539,148
11,076,465
Obs:
Frade figures account for a 70% interest in the Frade Field until February 4 and 100% interest as of February 5, when the Company announced the closing of the acquisition of the remaining 30% interest.
On November 5, 2020, the sale of the 10% interest in the Manati Field held by PetroRio was announced, which awaits precedent conditions for the transaction's closing.
Tubarão Martelo Field production in December was impacted by a shutdown in the OGX-44HP well due to a failure in the electrical submersible pump (ESP) in the first days on the month, which decreased production by 1,4 kbbld. A workover is being carried on by the Kingmaker rig, expected to be concluded in January.
About PetroRio
PetroRio is the largest independent oil and gas Company in Brazil. The Company seeks to increase production through the acquisition
Investor Relations
of new producing assets, redevelopment, increased operational efficiency and rationalization of operating costs and corporate
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expenses. PetroRio's main objective is to create value for its shareholders with growing financial discipline and preserving its liquidity,
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with full respect for safety and the environment. For further information, please visit the Company's website: www.petroriosa.com.br.
+55 21 3721-2129
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Petro Rio SA published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 21:37:13 UTC.
Prio SA, formerly Petro Rio SA is a Brazil-based holding company. It operates through its subsidiaries and specializes in efficient reservoir management and redevelopment of mature fields. The Company's main strategy is the acquisition of oil and gas fields, usually from large oil companies, and the creation of value through cost rationalization as well as efficiency and meticulous management of reservoirs. Prio SAâs assets include The Tubarao Martelo Field that produces approximately 10,000 barrels of oil per day through six wells interconnected to FPSO Bravo as well as Wahoo, an exploratory block in the Campos Basin with the potential to produce more than 125 million barrels in the pre-salt. The Company has several subsidiaries, such as Petro Rio O&G Exploracao e Producao de Petroleo Ltda and PRIO Bravo Ltda.