3R Petroleum production data June 2022

3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for July 2022 in the assets that the Company holds participation.

prod eng 07.22.png

(1) Macau Cluster had its production in May, June and July impacted by an energy supply problem in Alto Rodrigues, a sub-cluster of the Potiguar Cluster. This external event had an impact on the production measurement process of which Macau Cluster is a part and has affected the production result since then.

(2) Refers to the 35% interest held by 3R in Pescada Cluster concessions.

(3) 3R took over the operation of the Recôncavo Cluster on May 11, 2022. The average daily production for the month of May was calculated considering the Company’s 21 days of operation. Approximately 60% of the gas produced at the Recôncavo Cluster is reinjected into the reservoirs of its fields.

The Company is the operator of Macau, Areia Branca, Rio Ventura and Recôncavo Clusters and holds a 35% stake in Pescada Cluster, the latter operated by Petrobras. The consolidated average daily production of the five clusters mentioned above totaled 12,976 barrels of oil equivalent (boe) in July 2022. Of this total, the portion referring to 3R’s stake reached an average daily production of 12,186 boe.

The production data referring to: (i) 100% of the Fazenda Belém Cluster, (ii) 100% of the Potiguar Cluster, (iii) 70% of Peroá Cluster and (iv) 43.75% of Papa-Terra Cluster will be incorporated into this report as soon as the transition processes with Petrobras are concluded and approved by the ANP.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Powered by WordPress.com.

Up ↑

%d bloggers like this: