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2 clusters · 7 sources · 19 days · First seen · Last updated

Brava Energia oil production and Papa-Terra operations

Overview

Brava Energia reported a consolidated production decrease of approximately 1.1% to 1.2% in August, totaling 81,642 barrels of oil equivalent per day (boe/d). This decline was primarily driven by a drop in offshore production, which the company attributed largely to a scheduled maintenance shutdown at the Papa-Terra asset. While offshore production fell, onshore production saw a marginal increase.

Following the maintenance period, the company provided updates on the Papa-Terra projects, noting that wells PPT-52 and PPT-53 are on track for production in the second half of 2026. Well PPT-52 has been connected to the Papa-Terra FPSO, which is in its final commissioning phase, while well PPT-53 has moved into the completion stage. Despite a minor delay regarding the arrival of the Lone Star rig, the company stated that both the schedule and budget remain intact.

Entities

Brava Energia · Papa-Terra · ANP · IBAMA · Banco Safra

Timeline

  1. 7 days ago

    [BUSINESS] 5 sources
    Brava Energia advances Papa-Terra field production timeline

    Brava Energia reported progress at the Papa-Terra field, with wells PPT-52 and PPT-53 on track for production in late 2026, reducing operational risks for the company.

  2. 26 days ago

    [BUSINESS] 2 sources
    Brava Energia production falls 1.1% in August

    Brava Energia's August production fell by roughly 1.1% to 81,642 boe/d, primarily due to scheduled maintenance at the Papa-Terra offshore asset, despite slight gains in onshore production.

Sources

aepet.org.br · brasilemfolhas.com.br · dev.tnonline.com.br · diarioonline.com.br · guiadoinvestidor.com.br · moneytimes.com.br · tnonline.com.br