The National Energy Policy Council, or CNPE, approved 92 offshore exploration and production concession blocks for sale at the country’s pandemic-delayed 17th bidding round slated for October, ANP said on the 7th. “There will be 92 blocks offered in the offshore sedimentary basins of Potiguar, Campos, Santos and Pelotas,” the
National production in November totaled 3.550 million boe/d, with 2.755 million bbl/d of oil and 126 million m³/d of natural gas. Oil production decreased 4.1% compared to the previous month and 10.9% compared to November 2019. As for natural gas, it dropped 2.8% in relation to October and 7.5% compared
Closing out 2020, Enauta recently announced that it has decided to take over full ownership of the working interest in Block BS-4, where the producing Atlanta field is located. The company opted to take over an additional 50 percent interest in the offshore block in the Santos Basin from its
Petrobras has found oil in well 9-BUZ-48D-RJS drilled in the Santos Basin’s Búzios field. The well is located 188 km off the coast of the city of Rio de Janeiro at a water depth of 1,850 meters. According to the Brazilian oil major, tests carried out at a depth of
The 2nd cycle of ANP‘s Permanent Offer is just around the corner. On December 4, as many as 62 companies of all profiles are signed up to bid (full list). Despite the adverse scenario from covid-19 and the oil price shock earlier this year, there are many players that see
BPS is a knowledge-driven company, with the application of advanced geochemistry technology being pivotal to our value proposition. With this in mind, turning reliable data and information into knowledge is always our main objective (data creates information which creates knowledge). An example of this knowledge is our petroleum systems modeling
As you may have heard, Petrobras recently completed the drilling of the Naru well (1-BRSA-1376D-RJS) in block C-M-657 of the ultra-deep waters of the Campos Basin, announcing indications of hydrocarbons earlier this week. This is certainly positive news, as the findings prove that hydrocarbons reached the area and a reservoir
Since we first made note of it in Round 9 of our Weekly BPS newsletter in December of last year, Petrobras has gradually announced what is now Brazil’s largest divestment program of hydrocarbon exploration and production assets since 2015. The divestments are spread across several basins, including Potiguar, Espírito Santo,
In order for our clients to gain a better understanding of the geology and petroleum systems around Brazilian, we are preparing extensive regional evaluation reports for inclusion in the BPS Geodatabase. Many of the reports have already been uploaded as petroleum systems charts that provide a full summary of the geological history, as well
As part of our continuous efforts to improve the BPS Geodatabase and provide our subscribers with a dynamic knowledge-based exploration tool, 10 new wells with in-depth oil geochemistry analysis are slated for inclusion this week. The results are currently passing through quality-control checks and interpretation before being uploaded and published under the Change Log.
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