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Our History

Our History

 
 
 
1997

Participation in Petrobras' "Portfolio of opportunities" and end of industry monopoly.

 
2000

Start of production under contract with Petrobras.

 
2002

Acquisition of blocks during the 4th round of the ANP.

 
1997 to 2003

Constitution of PetroReconcavo and initial block acquisitions.

Recovery of production.

 
2004

Start of water injection pilots.

 
2005

Acquisition of blocks during the 6th round of ANP.

 
2007

Acquisition of blocks during the 9th round of ANP.

 
2004 a 2007

Development of technical/operational know-how.

Acquisition of blocks.

Studies to guarantee economically viable production.

 
2008

Acquisition of company platforms. Increase in injection projects.

 
2010

Start of drilling campaign with company platform and teams.

 
2008 to 2014

Expansion of water injection projects for secondary recovery.

 
2015

Start of internalized acidification and organic stimulation operations.

 
2018

Start of digital transformation project.

 
2019

Start of hydraulic fracturing operations.

Start of operations in the Potiguar District in RN through Potiguar E&P.

 
2015 to 2019

Gains in efficiency, internalization of services and digital transformation.

Creation of new business groups and participation in projects aimed at expanding into new assets.

 
2021

IPO

Acquisition of the Remanso and Miranga assets

 
2022

Start of natural gas supply to local utilities

Follow-on offering

 
2023

Acquisition of SPE Tiêta

Expansion of rig fleet

 
2024

Implementation of the Operational Resilience Program

Commissioning of the first gas processing unit

1st and 2nd debenture issuances

 
2025

Record drilling depth achieved (3,630 meters)