Based on reservoir studies conducted by the company, production in Tubarao Martelo will grow to about 16,000 barrels per day of oil by early August.
OGPar, formerly known as OGX, filed for bankruptcy last October with nearly $5 billion in debt after flagship fields failed to meet expectations.
Tubarao Martelo produced 10,460 bpd in March from two wells.
The company’s other field on stream, Tubarao Azul, produced 4520 bpd in March from a single well linked to the OSX-1 FPSO.
OGX,
