ANP launches pre-bidding for the 4th pre-salt auction

 

January 25, 2018

The National Oil and Gas Agency (ANP) will launch the pre-tender and draft contract for the 4th pre-salt auction on June 7th. The agency will hold the public hearing on February 22 to discuss the pre-edict and the drafts and receive contributions until February 18.

The 4th pre-salt auction will offer the areas of Itaimbezinho, Três Marias, Dois Irmãos, Saturno and Uirapuru in the Campos and Santos basins. All areas of the auction have a fixed bonus of R$ 4.65 billion.

Petrobras has indicated that it will exercise preemptive rights in the areas of Dois Irmãos, Três Marias and Uirapuru in the 4th pre-salt auction. The company requested the minimum percentage of 30% in each area and if maintained the percentage will have to disburse R$ 945 million.

The Uirapuru block will be the area with the highest fixed bonus of the pre-salt auction, R$ 2.65 billion, followed by the Saturn area, with a bonus of R$ 1.45 billion. The two areas have minimal oil profit share for the Union defined in 22.18% and 14.12%, respectively. The competition will also offer the areas of Itaimbezinho, Três Marias and Dois Irmãos, which have bonuses set at R $50, R $100 and R $400 million.

The 4th pre-salt auction will have 18% local content for the exploratory phase of the blocks. In the development of the production was established the minimum of 25% for well construction; of 40% for the Collection and Drainage System; and 25% for the Stationary Production Unit. The indices are the same for the 14th round and the 3rd pre-salt auction, held in September and October.