TUBARÃO MARTELO FIELD
The Tubarão Martelo Field is located in the south of the Campos Basin, next to the Polvo Field (7km away), at a distance of 86 km from the city of Armação de Búzios, on the northern coast of the Rio de Janeiro State. In February 2020, PetroRio acquired the FPSO Bravo, which operates in the Field, and in August 2020, it became the operator of Tubarão Martelo, where it currently holds an 80% stake in the concession. Currently, Tubarão Martelo produces approximately 10,000 barrels of oil per day through five wells connected to the FPSO Bravo, which has been operating in the Field since 2012. The FPSO (Floating, Production, Storage and Offloading) combines state-of-the-art technology and has the capacity to process 100 thousand barrels of oil per day and storage of 1.3 million barrels.
Due to the proximity to the Polvo Field, PetroRio is already working on the tieback of the FPSO Bravo with the Polvo-A platform. Although extremely common in the Gulf of Mexico and the North Sea, this is the first tieback between courses with different consortia in Brazil. Right after the tieback, we will complete one more well in the field, further increasing its production and extending the field's lifespan. This tieback is an excellent example of the “PetroRio way of being.” It will simplify the production system and create a private hub in the region, generating significant synergies, lifting cost reductions, and extending the economic life of the fields.