Related Articles
Alvopetro has a growing portfolio in the northeast state of Bahia
Forward article link
Share PDF with colleagues

Alvopetro eyes expanding Brazilian gas market

The company has plenty of onshore growth opportunities to match its midstream capacity and increase its stake in the country’s upstream

Calgary-based Alvopetro may not have cracked Brazil’s top-ten largest oil and gas producers just yet. But the firm is the first independent to sell directly to local gas distribution and has a backlog of upstream and midstream growth prospects to draw upon. The company operates in Brazil’s oldest producing basin—the onshore and deepwater Reconcavo basin in the northeast of the country—and since splitting from Colombia-focused Petrominerales in 2013 has cherrypicked blocks in the basin over five licensing rounds. “Cabure is a very high-value asset, especially for a gas asset, given the high price realised” Kapadia, Hannam & Partners Production growth from the flagship onshore C



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Uncertainty hangs over Permian permits
20 October 2021
Output may be climbing fast, but producers are still waiting for clarity from the government on the future of federal drilling
UAE tries to ride two horses
19 October 2021
Abu Dhabi’s plans to raise oil and gas production are advancing despite the federation’s carbon-cutting pledges
Western Canada’s gas revival
19 October 2021
Midstream pipeline expansion and cautious operator spending is fuelling an uptick in prices
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video