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Brazil’s Prio pumps first oil from new production well at offshore Polvo field

September 22, 2023 Comments Off

Brazilian independent oil and natural gas producer Prio pumped first oil from the POL-Q well at the offshore Polvo field, boosting output from the mature heavy oil producer by about 15%, according to a regulatory filing. “Initial production was stabilized at approximately 1,000 b/d,” Prio said Sept. 20 after local markets closed. “The new well is producing from the field’s…