September 20th, 2019
Enauta Participações S.A. (“Enauta”, “Company” B3: ENAT3”) informs that the intervention to exchange the second well’s pump was concluded and the Atlanta Field’s total three wells production reached the peak of 30,462 barrels of oil per day.
The drilling of the third well of the Early Production System was concluded in the first quarter of 2019 and the Laguna Star drillship was moved to replace the pumps inside the two producing wells. These activities were concluded on September 18, 2019, when the three wells were online.
“We are very pleased with the production delivered by these three wells approaching the peak of the FPSO’s operational capacity. This evidences Enauta’s commitment to its operational goals and the assurance in the production capacity of the Atlanta Field, which gives us the confidence to advance to the Definitive System”, affirms Mr. Lincoln Guardado, Enauta’s CEO.
Up to date, according to the technical team, Enauta has no sufficient information to alter the estimate already disclosed to Atlanta Field. Located in the Block BS-4, Santos Basin, Atlanta is a post-salt oil field located 185 km from the city of Rio de Janeiro, with a water depth of approximately 1,500 meters.
Enauta Energia S.A., a subsidiary of the Company, operates the Block BS-4 with a 50% stake and Barra Energia do Brasil Petróleo e Gás Ltda. has the other 50% stake.