Brazil Rig count: Offshore rigs lowest in 20 years

12/4/18

Onshore, average equipment in activity in Brazil is the lowest since the 1980s

The average number of offshore rigs in operation in Brazil this year is the lowest since 1999, with only nine units, according to BHGE’s Rig Count.

Throughout the history of the survey, which began in 1982, in just three years – 1989, 1990 and 1991 – there were fewer rigs operating offshore.

The BHGE estimate is monthly. In 2018, the peaks of offshore drills operating in Brazil were recorded in February and July, when, on average, there were 11 rigs operating.

The situation on land is even worse: this year’s average is only four units operating, the worst in the whole historical series, next to 2017.

According to the ANP, there are 13 exploratory wells in operation, nine onshore and four offshore. Onshore, there are wells drilled in the Espírito Santo, Parnaíba, Potiguar, Recôncavo and Solimões basins.  Offshore, the activities are concentrated in the basins of Santos and Sergipe.

The rigs used on land are the RNB-2, by Rosneft; Terrestrial Production Rig (SPT) 23, by Energizzi Energias; Tuscany 120 (PGN); SPT 102 (Vipetro); Riowell 03 (Ubuntu); SPT 74 (Petrobras); SPT 158 (SHB); SPT 145 (Petrobras); and Imetame Energia 02 (Imetame).

At sea, Equinor drills with West Saturn in North Carcará, while Petrobras conducts campaigns with Norbe VIII, Petrobras 10,000 and Rig 93 on onerous assignment onerous, BM-SEAL-11 and Peroba.

Wells listed by ANP correspond to those in which rig intervention, including drilling or long-term testing (TLD) reported by the Well Operating Situation in the last 15 days.

The BHGE considers, in addition to exploratory wells, production wells, but excludes from the count rigs that are performing activities of completion, intervention and production test.

Source: Brazil Energy

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