Enauta Resumes Full Operation in the Atlanta Field

Source: www.gulfoilandgas.com 8/25/2021, Location: South America

Enauta Participações S.A. has announced to its shareholders and the market in general that the Atlanta Field has been again fully operating wells of the Early Production System, after concluding the repair of heaters.

After a period of stabilization, the Company expects to initially produce nearly 20,000 thousand barrels of oil/day, by operating three wells, which accounts for Enauta’s record daily production.

Additionally, activities are underway to expand the water treatment capacity in FPSO Petrojarl I, thus, increase oil production. The conclusion of the first phase, which foresees a 35% higher volume of treated water, is estimated for the end of 2021.

In August, the Company initiated the bid of equipment and services necessary to drill a fourth well, aiming at increasing the Field’s production capacity. The drilling of the fourth well is estimated for the third quarter of 2022, and production should start by the end of 2022.

Located at Santos basin, the Atlanta Field is operated by Enauta Energia S.A., the Company’s wholly-owned subsidiary, which holds 100% working interest in this asset.


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