3R Petroleum plans to invest US $ 200 million in fields in Rio Grande do Norte

Jun 19, 2020

3R Petroleum plans to invest US $ 200 million over the life cycle of the Polo Macau fields – a cluster of assets purchased from Petrobras in the Potiguar Basin, Rio Grande do Norte.

– In a live interview with epbr, CEO Ricardo Savini, explained that the pandemic forced the company to postpone investment plans to 2021, but the improvement in the market may allow the beginning of work in the second half of this year.

– The current planning foresees the drilling of 46 wells, 31 workover services in existing wells and the construction of infrastructure for the separation and processing of oil and water injection. Savini explains that there is a 5-year window for more intense investments in the fields.

– In the first two years of operation, the oil will be sold to Petrobras, under a contract signed with the purchase of the assets. Polo Macau includes the fields of Aratum, Serra, Salina Cristal, Lagoa Aroeira, Porto Carão, Sanhaçu and Macau itself.

Source: epbr

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