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Tuesday, November 29, 2022

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Enauta (ENAT3) ends 3Q22 with 50% lower production

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In the third quarter of 2022, average production fell by half compared to the second quarter, totaling 9,800 boe (Image: Disclosure/Enauta)

The total production of enauta (ENAT3) in September reached 311.4 thousand barrels of oil equivalent (boe)or an average of 10,400 boe per day, according to a statement released on Tuesday (4).

The average daily volume produced by the company last month was stable compared to August.

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In the third quarter of 2022, average daily production fell by half compared to the second quarter, totaling 9.8 thousand boe (compared to an average of 19.6 thousand boe produced daily between April and June of the year).

Enauta recalled that production in Manati field was impacted by lower demand for natural gas in September. Production in the field resumed on the 30th.

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In addition, the Atlanta field resumed operations with the three wells. Enauta stressed that production continues to stabilize after being interrupted for repairs. According to the company, the commissioning of the new water plant should be completed by mid-October, when the system will start operating at full capacity.

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Source: Moneytimes

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