PRIO is preparing to start production from two additional wells at the Wahoo field offshore Brazil, with the project still on track to reach 40,000 barrels of oil per day by the end of April.

The company said the field’s first producing well has already stabilized at 12,000 barrels of oil per day. That start-up followed the operating license issued by Ibama, Brazil’s environmental regulator, and came after approval to install the production development system and connect the wells to the FPSO Valente.

Wahoo is located in the pre-salt area of the Campos Basin. The field was tied back to the FPSO Valente through a subsea connection of about 35,000 m, allowing PRIO to use existing infrastructure for the development.

With the remaining wells expected to enter service as scheduled, the company is keeping its production target unchanged. PRIO said the Wahoo start-up marks an important step in its growth plan.

The latest update also came after Ibama amended the drilling license for the Frade field, giving PRIO approval to drill as many as 14 new wells.