The brazilian Óleo e Gás Participações, OGX former, reported last night (13) which produced 333,100 barrels of oil equivalent at the Tubarão Martelo field in December.

Production from the field started on December 5. Considering the 26 days of operation during the month, the average daily production was about 12,800 barrels of oil equivalent.

In recent statements, the direction of the company said it expects to reach peak production of 30 thousand barrels per day, but did not say when that goal should be achieved.

For now, only two wells are connected to platforms. The oil company aims to connect two producing wells in Tubarão Martelo between April and May 2014.

OGX is in bankruptcy protection since November. On Mar. 24, the company announced that it reached an agreement with bondholders to convert debt of $ 3.8 billion in stock. Plus, you have a capital injection of $ 215 million to continue playing operations.