New perforations in the Octopus field

They are scheduled for the second and third quarter of this year new perforations of PetroRio in the field of Octopus, in the Campos Basin. The goal is that up to four out of 22 reservoirs with oil potential are drilled in this period. The other wells will be separated for future campaigns.

The cost of the contract can total US $60 million and the work should take about two months for the drilling to occur altogether. The intent of the company increase the asset recovery factor and extend its useful life Octopus to 2030 and further reduce the cost per barrel. The action is part of the Revitalization Plan of the Octopus Field.

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