Maha Energy has some of Brazil’s most productive onshore wells
Maha Energy targets onshore Brazilian ramp-up
The operator is expanding its footprint in the country’s northeast and has drilling plans for the Middle East
Onshore-focused Brazilian independent Maha Energy may have been knocked off course by production disruptions in Q2, but the Sweden-headquartered operator is still sticking to its annual output guidance of 4,000-5,000bl/d oe. Power outages and setbacks at the company’s core Tie and Tartaruga fields, in the Reconcavo and Sergipe-Alagoas basins respectively, caused company production to slide by 14pc compared with Q2 2020. “The Tie field was the main culprit for our reduced production numbers for the quarter,” explains Jonas Lindvall, Maha CEO. 4,000-5,000bl/d oe – 2021 production guidance And some doubt that lost barrels over the first half of the year can be offset. “We previously sai
Also in this section
24 June 2025
The country’s latest licensing round attracted bids from IOCs and NOCs in a better showing than its last outreach to bidders
24 June 2025
Africa’s second-largest oil producer is creating the right conditions for the sector to try to boost output, explains Ian Cloke, COO of UK-based Afentra
24 June 2025
The takeover, if it gets the all-clear from regulators and other government authorities, would propel XRG and its parent firm ADNOC into the top tier of global LNG players
23 June 2025
Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks
