en.Wedoany.com Reported - PRIO's average daily production in May was 164,800 barrels of oil equivalent, down 4.96% from April.

The production decline was mainly driven by the Cluster Valente, which consists of the Frade and Wahoo fields in the Campos Basin. In May, the cluster produced an average of 51,600 barrels of oil per day, down 13% month-on-month.
PRIO stated that the cluster's underperformance was due to the need to replace a gas lift line at the Frade field. This operation required the temporary shutdown of three wells, resulting in a daily production loss of approximately 7,000 barrels. Related work is expected to be completed by the end of June, with full production resuming.
At the Wahoo field, the company conducted a 24-hour well shutdown in early May for transient pressure testing. Meanwhile, umbilical cable laying for the fourth well is still ongoing and is expected to commence production next week.
At the Albacora Leste field, the ABL-68 well experienced a production interruption due to hydrate formation. The company expects the well to resume production in June.
At the Cluster Bravo, the OGX-44HP well was shut down due to a failure in the electric submersible pump (ESP). PRIO said the workover operation has been completed and the well has resumed production.
The company also noted that production at the Peregrino field was affected by an electrical system failure in the electrostatic separator, which has since been resolved. Additionally, the A-15 well, located in an isolated area, came on stream on May 30, with an expected daily output of 6,000 barrels of oil.
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