With a background of thirteen years in the market, Petrosynergy Ltda. is a subsidiary of Synergy Group, a multifaceted conglomerate active in several business sectors such as construction and assembly, energy, aviation, oil drilling & services, oil exploration and production, and with a presence in several Latin American countries. Petrosynergy began its activities in the E&P business in 2001 by bidding on a number of mature fields belonging to the Petrobras state oil company, as a result of which it acquired 9 fields in Alagoas, producing 200 bbl/day.

In October 2001 it sold its first oil, becoming the first independent petroleum company to produce oil in Brazil, actively sharing in the sectors development. Having been qualified as an A Operator, the highest grade awarded by the National Petroleum Agency (ANP), it has remained at the head of the group of independent producers, thanks to the efforts, commitment and technical expertise of its staff.

Highlights

  • 1999
     

    Petrosynergy participates in the 1st round of bidding on exploration blocks.

  • 2000
     

    Petrosynergy participates in the 2nd round of bidding, acquiring four blocks and as a reslult beginning its exploration, development and production activities on June 30.

  • 2001
     

    Petrosynergy participates in the third round of bidding and gets the concession for one block;

    Petrosynergy participates in the bidding round for Petrobras’ Mature Fields, obtaining the concession for nine fields in the state of Alagoas.

    In November, Petrosynergy officially produces and sells its first barrels of oil from the reactivation of the Tabuleiro dos Martins, Jequiá and Sul de Coruripe fields.

    It begins production with 229 barrels of oil per day.

  • 2002
     

    Reactivates production of the Fazenda Pau Brasil field.

  • 2003
     

    Participates in the fifth round of bidding and wins the concession for four blocks.

    Reactivates production of the Coqueiro Seco Field.

    In July, drills its first exploratory well in Bahia, 1-MPE-1-BA, which discovers Uirapuru, the 1st commercial oil field to be found after the ending of the Petrobras oil monopoly.

    In August, after a reactivation campaign of the mature fields in Alagoas, production reaches 612 barrels per day.

  • 2004
     

    Participates in the 6th round of bidding, gaining 11 exploration blocks.

    The Pitiguari Field is discovered in Rio Grande do Norte through drilling of the 1-MPE-7-RN well, becoming the second Petrosynergy field.

  • 2005
     

    The Canário Field is discovered in Bahia through drilling of the 1-MPE-5DP-BA well, becoming the third Petrosynergy field.

    The Irerê Field is discovered in Rio Grande do Norte through drilling of the 1-MPE-8-RN well, becoming the fourth Petrosynergy field.

  • 2006
     

    The Araçari field is discovered in Rio Grande do Norte through drilling of the 1-PSY-4-RN well, the fifth Petrosynergy field.

    Petrosymergy is qualified as an “A” Operator, the highest grade obtainable.

    Participates in the 7th round of bidding, gaining seven exploration blocks.

    The Canario and Uirapuru Fields go into production reaching 280 barrels per day.

    In December, Petrosynergy achieves production of 933 barrels per day;

  • 2007
     

    Participates in the 9th round of bidding, gaining two exploration blocks.

    Albatroz field is discovered in Espirito Santo through drilling the PSY-12D-1-ES well, becoming the sixth new Petrosynergy field.

  • 2008
     

    In May, production reaches 955 barrels per day.

  • 2009
     

    Araçari and Irerê fields begin production stage with 56 barrels per day.

  • 2010
     

    Petrosynergy is positioned as the fifth largest petroleum operator and the second largest Brazilian operator, besides being the first independent operator in petroleum production (Source: ANP-Monthly Production Bulletin of 2010);

    Trovoada and Uirapuru-SW fields are discovered in Bahia through drilling the 1 -PSY-18-BA and 1-PSY-19D-BA wells respectively;

    Production begins at Lagoa Pacas, the first natural gas field, producing 7,000 m3/day.

  • 2011
     

    Pitiguari Field begins production with 16 barrels per day.

  • 2012
     

    Home production of Trovoada Field with 38 barrels per day

  • 2013
     

    Drilling of Petrosynergy’s first well of development. 7-ARA-1-RN well(Araçari Field)

  • 2014
     

    Drilling of Petrosynergy’s second well of development . 7-CANA-1-BA well (Canário Field)

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