PetroRio Steadily Growing with Mature Fields

PetroRio, a Brazilian independent oil company specialized in revitalizing mature oil fields, has excelled at using cutting edge recovery technology, and applying an efficient program of reservoir management to pinpoint mature fields with potential to increase recovery.

Since 2014, PetroRio has been applying its strategy of only investing in mature field that are in production, instead of the market norm of competing to acquire unexplored areas at ANP auctions and risking an expensive exploration campaign.

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