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Platform
Polvo A
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Tieback
Tubarão Martelo Field
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People on board
100
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Reserves (2023)
42.1 mi bbl (TBMT + Polvo cluster)
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Type of platform
Fixed with attached drilling rig
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Abandonment Forecast
2033
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Distance from the coast
100 km
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Water depth
100m
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, it participated in the first tieback of an independent company in Brazil
- The Field’s life has been extended by 16 years
1,6 mi
Oil sales (bbl) in 2Q24*
15,1 mil
Daily production (boepd) 2Q24*
*The numbers refer to the production and sale of Oil from the Polvo Cluster + TBMT
Legend has it that octopuses were the first intelligent beings on the planet.
They can use tools and even open jars that children cannot. Moreover, they have excellent memory. With all this, it could only be PRIO’s first asset, right?
