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.
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
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
As for the 6th Bidding Round on Thursday (7), it covered five “high potential” exploratory blocks in the pre-salt polygon and was billed as the last auction in a cycle of lower risk blocks with high signing bonuses. As such, many of the issues from the TOR auction likely remained on
Next week (October 29-31), the heart of Brazil’s O&G sector, Rio de Janeiro, will host OTC Brasil 2019, without a doubt the most important industry conference in the country. With three jammed-packed days of exhibitions, interactive sessions and technical talks, OTC will bring together the leaders that are actively shaping Brazil’s
On Thursday (Oct. 3), ANP published a list of authorized bidders for the upcoming 6th pre-salt bidding round slated for November 7. The list was approved during a CEL meeting on Wednesday night and published in the Official Gazette on Thursday morning. According to ANP, there are still four other companies that
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