Independent onshore oil and gas producer, concentrated in the mature Recôncavo basin in Bahia and Potiguar basin in Rio Grande do Norte. Listed on B3 as RECV3.
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PetroReconcavo expanded gas processing contracts with Petrobras at UTG Catu in Bahia, in a deal also involving Brava and Origem. Per Money Times, the company suspended the US$60 million final investment decision on its own Miranga unit.
Updated September 09, 2026 · 4 verified articles
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Results depend on oil and gas prices, output from mature fields and access to flow and processing infrastructure — Petrobras contracts are decisive for gas.
Explanatory mechanism, not a forecast or recommendation.Tenda said on September 8 that Marcos Cruz took over as chief executive from Rodrigo Osmo, at the end of a three-month transition begun in May; Osmo stays in charge of Alea, the wood-frame housing subsidiary, through the first half of 2027 and then joins the board. The same day the Ibovespa portfolio that adds TEND3 and drops RECV3 and SLCE3 took effect.
ANP's board approved on September 4 the nomination of 24 onshore exploratory blocks in the Potiguar Basin for future Permanent Offer cycles, per the agency itself, Estadão and InfoMoney. Among them is block POT-T-551, covering Tabuleiro do Norte in Ceará, where a farmer drilling a water well found a fluid confirmed as oil by ANP's research center. The blocks enter offer only after the 6th cycle, set for October 7, and after environmental analysis and a joint MME and MMA opinion.
Brava Energia recorded production of 81,642 barrels of oil equivalent a day in August, down 1.2% from 82,593 boe/d in July, with offshore output slipping from 52,991 to 51,917 boe/d and Papa-Terra falling from 10,180 to 7,927 barrels a day after a scheduled shutdown completed on August 7, per the company's CVM filing and Money Times.
PetroReconcavo, Petrobras, Brava and Origem expanded natural gas processing contracts at the UTG Catu plant in Bahia, consolidating the unit as the outlet hub for Recôncavo onshore output. Per Money Times, the US$60 million Miranga project final investment decision was suspended with the deal.