We are one of the main independent operators focused on mature onshore fields in Brazil. With a respected reputation with customers, regulatory agencies, suppliers and employees, we have an experienced team, composed of specialized professionals and founding shareholders with extensive experience in the sector.
Our portfolio includes oil and natural gas concessions, in which we act as concessionaires and/or operators. In fields that are in the stages of decline, we develop a system for revitalizing production.
Our expertise is associated with high cost performance and operational efficiency, implementation of secondary recovery mechanisms by water injection, verticalization of services and various activities.
We develop opportunities in the oil and gas industry, turning resources into value and dreams into reality.
To be the safest, most efficient and profitable independent oil and gas operator and to lead the transformation of the onshore industry in Brazil.
We overcome challenges by seeking continuous improvement, maintaining balance to face adversity.
We inspire people, putting enthusiasm, energy and passion in all our actions
We encourage the development of projects and solutions, combining courage, planning and innovation.
We handle company resources responsibly, seeking the best return.
Respect and trust in people
We trust people and integrate differences by promoting open and respectful dialogue.
We conduct our business with integrity and respect for the law. We act with consistency and transparency.
We are specialists in the revitalization of mature onshore fields that have significant potential for increasing the recovery of its oil and natural gas reserves, through the implementation of secondary recovery methodologies with an efficient cost structure. For this, we chose to internalize some core activities that are usually outsourced, such as the operation of rigs, stimulation units, pipe inspection, pump workshop, among others. We focus on assets with a history of low and predictable rates of decline and conventional reservoirs. Our focus on mature onshore fields virtually eliminates exploratory risk and the need for large initial investments in infrastructure for processing and outflow of production, greatly reducing global risk and improving the rate of return. We operate both in the form of “incremental production contracts” or through our own concessions, whether acquired through ANP auctions or through direct negotiations with other companies.
Constitution of PetroReconcavo and
first block acquisitions.
Participation in Petrobras' “Portfolio of opportunities” and end of the industry monopoly.
Start of production under an “incremental production contract” with Petrobras.
Acquisition of blocks in the 4th round of the ANP.
Development of technical and
Acquisition of blocks.
Start of waterflooding pilots.
Acquisition of blocks in the 6th round of the ANP.
Acquisition of blocks in the 9th round of the ANP.
Expansion of water injection
projects for secondary recovery.
Acquisition of own rigs.
Increase in injection projects.
Start of drilling campaign
with own rig and crews.
Drilling campaign for 31 wells
that currently contribute
40% of the fields' production.
Efficiency gains, internalization of
services and digital transformation.
New business development.
Start of internalized
organic stimulation operations.
Start of the digital
Purchase of second stimulation unit.
Start of operations at Potiguar District (RN),
through Potiguar E&P.
35% oil production increase in the first 12 months of operation at Potiguar District
And we still have many achievements ahead.