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PetroRecôncavo S.A.

Company Detail

Description

PetroRecôncavo S.A. is a Brazilian independent operator of onshore oil and gas exploration and production fields in the Brazilian State of Bahia, which was established in 1999 in Mata de São João, to rehabilitate, reactivate, and rejuvenate mature oil and gas assets in the Recôncavo Basin. Its subsidiary Recôncavo E&P S.A. holds the exploration concession of Lagoa do Paulo, Lagoa do Paulo Norte, Lagoa do Paulo Sul, Acajá-Burizinho, and Juriti fields, which are 100% held by PetroRecôncavo until 2031-2033. PetroRecôncavo also operates other 12 blocks belonging to Petrobras, whose contracts end in 2025.

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