Investment in mature fields

The national petroleum Agency, Natural gas and biofuels (ANP) held, on 19 September, the seminar "encouraging investment in mature fields," who discussed alternatives to the increase of production in fields where production is already in the phase of decline. Decio Oddone, Director-General of the PNA, pointed out that in Brazil, the average recovery of mature fields is 24% and if this factor increasing to 30% in the Campos Basin, will be raised R $70 billion more in royalties.

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