ExxonMobil opens drilling rig consultation for Brazil

11/12/18

ExxonMobil launched on Wednesday (7/11) an RFI (request for information) to gather information on the market’s willingness to offer an ultra-deepwater drilling rig for operation in Brazil, with a charter term of 390 days and beginning of the campaign in 2020. Conducted by the Houston office of the oil company, the consultation is directed to the basins of Sergipe-Alagoas, Santos and Campos, areas where the group operates exploratory blocks, and has delivery of proposals scheduled for November 30.

At RFI, ExxonMobil specifies that the unit will have to be equipped with dual activity and MPD, which limits the supply to 7th generation units. According to the required technical requirements, the rig must be capable of operating between 2,800 m and 3,600 m.

Although RFI does not mention the number of units, the market bet that the oil company could hold two rigs. Interested companies will have to provide a price estimate, inform their technical experience and confirm the availability of equipment supply for the third quarter of 2020.

Based on the information provided by the market, ExxonMobil will launch in 2019 a bid to charter a rig for its exploratory campaign in Brazil. The competition is expected to open between March and April of next year.

ExxonMobil has 26 assets in the portfolio in Brazil, of which 15 as an operator. The projects are located in the Santos, Campos, Sergipe-Alagoas, and Ceará-Potiguar basins.

Source: Brasil Energy

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