Mature campuses are featured in OTC panel

According to Marcelo Castilho, Superintendent of Development production of the ANP (National Agency for Oil, Natural Gas and Biofuels), Brazil has 241 mature fields distributed over seven basins, all with potential production that require billions of reais in investments.

The subject was a panel theme at OTC Brasil 2019, which addressed the need for investments in technology to make the most of the productive capacity of these fields. If these applications were made, the potential would increase by up to 46% by 2023.

PetroRio also reported that it noticed a 20% increase in production and reserves in his Octopus field after redevelopment efforts. “We have that find an efficient and profitable way to increase the recovery, because we see the potential,” said Francisco Francilmar, director of PetroRio operations.

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