BRAZILIAN independent Prio has surpassed production of 100,000 barrels per day of oil for the first time, as the company continues to make progress with the revital-isation of a deep-water field considered doomed after an incident more than a decade ago. Prio, headed by chief executive Roberto Monteiro, started output from a new well - ODP5 - in the Frade field in Brazil's prolific Campos basin at a stabilised flow rate of about 8000 bpd. The new well is part of a third revitalisation campaign at Frade, a field that for many years was forgotten following an incident back in 2011 when it was operated by US supermajor Chevron.
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