PRIO announced the completion of the fourth and final producing well planned for the Wahoo Field development, bringing the project to its initial production configuration in Brazil’s Campos Basin.
With all four wells now online, Wahoo is expected to operate at its planned production capacity of approximately 40,000 barrels of oil per day, with each well contributing around 10,000 barrels per day.
The development is directly aligned with PRIO’s strategy of increasing production through brownfield projects, subsea tiebacks and operational optimization, rather than relying solely on large-scale greenfield developments.
Wahoo also strengthens the company’s position in the Campos Basin, where the Valente Cluster, comprising the Frade and Wahoo fields, continues to play an increasingly important role in PRIO’s production portfolio. In May, the cluster averaged approximately 55,600 barrels of oil per day, while the company reported total production of around 164,800 barrels of oil equivalent per day.
Why it matters
As mature offshore fields continue to attract investment, projects such as Wahoo demonstrate how infrastructure optimization, subsea integration and brownfield development continue to unlock production growth while extending the productive life of existing offshore assets. The project also reinforces the strategic importance of the Campos Basin, where operational efficiency increasingly plays a central role in Brazil’s offshore production landscape.
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