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
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
13 April 2026
For GCC producers, the ceasefire may prove more destabilising than the war itself: exports remain constrained, and control over Hormuz has shifted in ways that could endure
