Petrobras starts drilling in the Peroba Block, in the Santos pre-salt

10/26/18

Petrobras began exploratory drilling at the Peroba Block, located in the pre-salt of the Santos Basin, nine months after signing a contract with the National Petroleum, Natural Gas and Biofuels Agency (ANP).

First of the seven blocks sold in a share regime in 2017 and 2018 to start drilling, the Peroba block is 300 km off the coast of Rio de Janeiro, south of the Lula field and east of the Sapinhoá field, a depth between 2,100 m and 2,600 m over a total area of ​​1,073.41 km².

The proximity to these two fields, which are among the most productive in the Santos pre-salt region, indicates, according to Petrobras, “the high potential of the area.”

The block was acquired in October last year, in a consortium operated by Petrobras, in the 3rd Round of Bids under the Sharing System of Production, promoted by the ANP.

In addition to the areas acquired under the concession, Petrobras added to its portfolio, in 2017 and 2018, 21 new blocks in the Santos, Campos, Paraná and Potiguar basins.

“These new projects contribute to the strengthening of Petrobras’ exploration portfolio, ensuring the sustainability of the company’s future production,” the company said.

Petrobras is the operator of the block, with 40% stake, in partnership with BP Energy do Brasil Ltda, with another 40%, and CNODC Brasil Petróleo e Gás, a subsidiary of CNPC, with 20%. Pre-Sal Petróleo S.A. is the contract manager.

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