Reservoir Engineering & Recovery Methods News in Brazil

Brava's 2025 Reserves Update
4/17/2025 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general about the publication of the Reserve Certification Repo...
PRIO S.A. Announces 2025 Reserves Certification
3/13/2025 - PRIO S.A. ("Company" or "PRIO") hereby informs its shareholders and the general market that it has published a new reserves certification of the Company, prepared by DeGolyer & MacNaughton ("D&M"), da...
Alvopetro Announces 2024 Year End Reserves Including a 65% Increase in 1P Reserves
2/26/2025 - Alvopetro Energy Ltd. ("Alvopetro" or the "Company") announces our reserves as at December 31, 2024 with total proved ("1P") reserves of 4.5 MMboe and total proved plus probable ("2P") reserves of 9.1...
Petro-Victory Signs MoU with Eneva for the Development of Gas Resources in São João Field
9/10/2024 -  Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSXV: VRY) is pleased to announce that it has entered into a Memorandum of Understanding ("MOU") with Eneva for the development of Petro...
PRIO S.A. Announces 2024 Reserves Certification
3/8/2024 - PRIO S.A. (“Company” or “PRIO) informs to its shareholders and the market in general that it has published a new reserve certification report, prepared by DeGolyer & MacNaughton (“D&M”), dated January...
514-628 Mmboe PMean Unrisked Gross Prospective Resources Estimated in Maastrichtian Horizons
12/11/2023 - Additional Upside Identified in Campanian and Santonian Horizons
Exploration Results Support the Potential for a Successful Standalone Oil Resource Development Across the Corentyne Block from M...
Petrobras Clarifies Pieces of News in the Media
10/2/2023 - Petrobras, in relation to media reports on the existence of reserves of 5.6 billion barrels of oil in blocks of the equatorial margin in the Amazon region of Amapá, clarifies that the company does not...
Neon Contingent Resource Update and Neon West Prospective Resource Assessment
7/10/2023 - ? Successful control well drilling campaign reduces subsurface uncertainty and helps narrow Neon Contingent Resource estimates:
o 1C Resources increased by 26% to 37.7 MMbbl.
o 2C Resource...
ASN & MSS Announces Award of Mero Field Permanent Reservoir Monitoring Contract
2/15/2023 - Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) are pleased to announce the award by Petrobras, operator of the Mero field Consortium, of the contract for the supply and installation ...
Maha Energy AB Announces December 31st, 2022 Reserve Report and Resource Report
2/3/2023 - McDaniel & Associates Consultants Ltd. (“McDaniel”) has completed their first annual reserve and resource determination for Maha Energy AB (publ) (“Maha” or the “Company”). Main changes from last yea...
Independent Energy Consultant to Deliver Competent Person’s Report
1/6/2023 - We are honoured to share that AGR’s Reserves Evaluations & Certification team has been assigned to evaluate petroleum reserves and resources in Competent Person’s Report (CPR) for assets located in So...
Petro Rio S.A. Announces Reserves Certification
5/4/2022 - Petro Rio S.A. (“Companhia” or “PRIO”) informs to its shareholders and the Market in general that it has published a new reserve certification report, prepared by DeGolyer & MacNaughton (“D&M”), dated...
Alvopetro Announces 2021 Year End Reserves With a 52% Increase In 2P NPV Before Tax
3/8/2022 - Alvopetro Energy Ltd. announces our reserves as at December 31, 2021 with total proved plus probable ("2P") reserves of 8.7 mmboe and a before tax net present value discounted at 10% of $297.0 million...
Petrobras on Proved Reserves in 2021
1/28/2022 - Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 9.88 billion barrels of oil equivalent (bo...
Reserves & Resources Certification
4/12/2021 - PetroRio S.A. informs its shareholders and the market in general that a new reserves and resources certification report was published by DeGolyer & MacNaughton (“D&M”), dated as of January 1, 2021, wh...
Alvopetro Announces Year-End 2020 Financial Results
3/25/2021 - Alvopetro Energy Ltd. announces our year-end 2020 financial results and the filing of our annual information form.

Corey Ruttan, President and...
Alvopetro Announces Gomo Resource Assessment
3/23/2021 - Alvopetro Energy Ltd. announces the results of an independent assessment of the Company's Gomo natural gas resource prepared by GLJ Ltd. ("GLJ") dated March 23, 2021 with an effective date of December...
Alvopetro Announces 21% Increase in 2P Reserves
3/9/2021 - Alvopetro Energy Ltd. announces our reserves as at December 31, 2020 with total proved plus probable ("2P") reserves of 9.6 MMboe and a before tax value discounted at 10% of US$195.2 million, changes ...
Maha Energy Announce December 31, 2020 Reserve Report & Resource Report
2/4/2021 - Maha Energy AB is pleased to announce the 2020 reserve report and contingent resource booking with the following highlights:

- 2020 Reserve Replacement for 2P Reserves is 380%
- Proven...
Baúna Oil Reserves and Contingent Resource Update
1/28/2021 - Karoon Energy Ltd is pleased to provide an update to the Reserves and Contingent Resources related to Santos Basin concession BM-S-40 containing the Baúna oilfield and Patola oil discovery. This annou...

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