May 30, 2019
The ANP board approved on Thursday, 30, the Titã Minimum Exploration Program (PEM), a Santos basin pre-salt block contracted in the 5th round of sharing. A well is to be drilled by 2020, in a campaign that can reach up to 22 wells in the pre-salt.
Last year, ExxonMobil started two environmental licensing fronts for the areas it won in the 14th and 15th rounds and in the 3rd, 4th and 5th pre-salt auctions held since September 2017. There are up to 22 exploratory wells to be drilled, being two firm, one in the block CM-789 and the other in the block Titã .
It is planned to drill up to 17 exploratory wells in blocks CM-753, C-M-789, S-M-536, S-M-647 and Titã, in the Campos and Santos basins. In the area of blocks C-M-037 and C-M-067, both in the Campos Basin, drilling of up to five exploratory wells is planned.
ExxonMobil currently owns 26 exploration assets in Brazil in the Campos, Santos, Sergipe-Alagoas, Ceará and Potiguar basins. The company is currently acquiring seismic data in the northern part of the Campos Basin.