Ranking of the deep and ultra-deepwater exploration blocks on offer in the Pelotas Basin in the 17th Bidding Round
December 11, 2022
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Among the Brazilian offshore basins, Pelotas is considered by many to be the last frontier in hydrocarbon exploration of the South Atlantic Realm. Although the basin lacks the prolific pre-salt lower Cretaceous Sag and Rift lacustrine sedimentary sections present in the Santos Basin, it has a very similar structural and stratigraphic correlation with the post-salt of southern Santos and its South Atlantic counterpart, the Walvis Basin, in Namibia.