Last week, we had the pleasure of attending and presenting at the first EAGE workshop on pre-salt reservoirs in Rio de Janeiro. BPS Exploration and Production Director Sidnei Rostirolla presented our recent geopressure study of the pre-salt province of the Santos and Campos basins, leading a talk on the relationship between pressure compartments, reservoir-pods, generation kitchens
Month: December 2019
Due to the oil spill that hit the Brazilian coast, mainly affecting the Northeast region, and in order to contribute to the training and preparation of companies and research institutions for emergency situations, ANP is encouraging the realization of R&D projects related to the following themes: Oil dispersion modeling in
The National Council for Energy Policy held its last meeting of the year yesterday (12/12). During the meeting, the council approved the creation of the Committee for Revitalization of Exploration and Production Activities for Oil and Natural Gas in Onshore Areas, within the sphere of the REATE 2020 Program. The
Executives from Petrobras announced that the Brazilian oil major could actually put billions more in assets up for sale over the coming years, including additional E&P assets.
BPS Exploration and Production Director Sidnei Rostirolla presented geopressure study of the pre-salt of the Santos and Campos basins
The new version of the Permanent Offer Tender is subject to public consultation as of November 29, 2019, followed by a public hearing on February 2, 2020. The current version, published in May 2019, covers 600 exploratory risk blocks and 14 areas with marginal accumulations. However, in September of this year, the 1st Permanent Offer cycle took place, during which 33 blocks and 12 areas with marginal accumulations were scooped up. Thus, the new announcement will offer 740 blocks (567 from the previous announcement and 173 new ones) and three areas with marginal accumulations (two from the previous offer and the Juruá area, which was returned to ANP by Petrobras).
Brazil’s overall production totaled 3.792 million boe/d, including approximately 2.964 million bbl of oil and 132 million m³ of natural gas. Oil production increased 1.3% MoM and 13.4% YoY, while natural gas production rose 2.1% MoM and 12.4% YoY.
Study included all public data from the recently-discovered Upper-Cretaceous light oil and condensate accumulations and leveraged the expertise of our exploration team for general G&G, geochemistry and PSM as well as the latest developments in software (local grid refinement and seismic facies) and computing power.