News

Day: November 21, 2019

Petrobras set to become world’s largest O&G producer by 2030

According to a report published by energy consultancy Rystad Energy, Petrobras is set to become the world’s largest O&G producer by 2030. During 2019, Petrobras has moved from the world’s fifth largest oil producer up to third place, behind Russia’s Rosneft and China’s PetroChina. Rystad estimates that Petrobras’ production of

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Exploration and production beyond 200 nautical miles

Resolution No. 23 was signed by the Presidency of the Republic on Tuesday (19). The document creates a working group (WG) that will deal with the exploration and production of oil and natural gas on the extension of the Brazilian continental shelf, as announced by Mines and Energy Minister Bento Albuquerque during the

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17th bidding round set for 2020

On Tuesday (19), President Jair Bolsonaro signed Resolution No. 24, authorizing ANP to hold the 17th Bidding Round for exploration and production of oil and natural gas in 2020. 128 blocks in the Pará-Maranhão, Potiguar, Campos, Santos and Pelotas offshore sedimentary basins will be offered up via the concession regime, totaling an area of 64.1 thousand km². The

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Geodatabase Update

As you know, Formation Pressure Analysis is essential for reservoir description, evaluation and management. With this in mind, we have begun including data interpretation from dynamic analysis of formation pressure in our Geodatabase. The data was compiled using Wireline Formation Testing and is available as pressure gradient graphs. Using these plots, it is possible to identify variations in regional pressure regimes and define the pressure behavior of areas under

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