Asset Report

Polvo Cluster

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Prio's new Polvo cluster, formed by tying back Tubarão Martelo to Polvo fields, is the focus of this asset report. The cluster operates under Prio, formerly known as PetroRio, following a significant acquisition in early 2020.In early 2020, Brazilian independent Prio acquired an 80% operating stake in Tubarão Martelo field and its FPSO OSX-3 from local player Dommo Energia. This acquisition enables Prio to redevelop its adjacent, wholly-owned Polvo development as a ...

Table of contents

  • Summary
  • Key Issues
  • History
  • Local content
  • Polvo commitments
    • Polvo field
    • Tubarão Martelo tieback
  • Capital costs
  • Lease costs
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Detail Map
  • Current participation
  • Hydrocarbon characteristics
  • Reserves (2P) at 01/01/2025
  • Production (2016-2024)
  • Production Profile
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2025 to 2034 (US$ million)
  • Cash Flow (US$)
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Polvo Cluster

    XLS 661.50 KB

  • Document

    Polvo Cluster

    PDF 1.91 MB