Average production at 3R Petroleum grows 3.8% in January at the Macau cluster

(Reuters) 3R Petroleum (RRRP3) will present to its shareholders, investors and the market in general the preliminary and unaudited operational data referring to the monthly production of the assets in which the oil company holds interest.

Regarding the Macau Cluster, total production in January grew by 3.8%, compared to December, and totaled 4,683 barrels of oil equivalent (boe) per day, already excluding Petrogal’s 50% stake in the Sanhaçu field.

Compared to June of last year, when 3R took a stake in Macau, the production difference reached 18%.

3R is the operator of the Macau cluster and has a 35% stake in the Pescada and Arabaiana cluster, operated by Petrobras (PETR3; PETR4). Consolidated average daily production of Macau and Pescada was 6,647 boe in January 2021.