Brava Energia reported that the expectation for the return of Papa Terra production was updated to the beginning of December (Image: iStock/vadimrysev)
A Brave Energy (BRAV3), a company that emerged from a merger between 3R Petroleum e Enautainformed the market this Thursday (19) that the expectation of return of production from the Papa Terra field was updated to the beginning of December 2024.
According to the document, after the scheduled shutdown that began on July 27, production was restarted on August 29 and stabilized at 15 thousand barrels per day via six wells (PPT-12, PPT-16, PPT-17, PPT-22, PPT-37 and PPT50).
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At the request of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), Brava interrupted production on September 4 to provide clarifications about the number of people on board and maintenance activities.
“In this context, the company chose to move forward with inspection and maintenance items that were scheduled for the coming months, keeping the units on scheduled shutdown, in order to maximize the operational safety of the asset,” he explains.
3R Petroleum and Enauta Merger
The merger of the oil companies was announced in May, after approval by Enauta's board of directors. In July, the companies had their merger operation approved, without restrictions, by the Superintendence of the Administrative Council for Economic Defense (Cade).