Brazilian oil and gas firm OGPar on Monday announced it has resumed production at its Tubarao Martelo oilfield offshore Rio de Janeiro, according to Reuters.
The company, properly called Óleo e Gás Participações SA, has been under bankruptcy protection for three years.
Production at the Tubarao Martelo field, about 58 miles offshore Rio in the Campos basin, had been suspended since March 6 while OGPar assessed the viability of the field and sought ways to improve its output.
Permission for the resumption – using the FPSO OSX-3 – was granted in a letter by Brazil’s regulatory agency ANP. While the field was expected to yield 100,000 barrels per day, at the time of its March outage it was producing only 6,222.
