ANP evaluates the renewal of the Roncador contract in the Campos Basin

June 24, 2019

ANP evaluates the renewal of the Roncador contract in the Campos Basin operated by Petrobras in partnership with Equinor (75% -25%), which became a partner in 2018. The extension of contracts implies the approval of new investment in the fields.

– Roncador is one of the largest fields in the country, with a production of 170,000 barrels per day, but has been falling last four years since reaching the peak of 330,000 barrels per day in 2015.

In all, ANP analyzes the renovation of twelve offshore fields: Roncador, Barracuda, Caratinga, Albacora Leste, Espadarte, Paru, Manati, Pampo, Enchova, Enchova Oeste, Marimbá and Bonito. Together they produce more than 270,000 barrels a day and 7 million cubic meters a day of gas, but have already produced 670,000 barrels a day in 2010.

– All these assets are operated by Petrobras, but Pampo, Enchova, Enchova Oeste, Marimbá and Bonito are part of the Pampo and Enchova poles, which the company is trying to sell. At the beginning of June, Petrobras received proposals of more than US $ 1 billion for the assets.

The extension of the “zero round” concession contracts will yield investments of around US $ 18 billion, according to ANP calculations. The agency has already approved the extension of the concession period for nine fields, six offshore (Marlim, Marlim Leste, Marlim Sul, Frade, Voador and Ubarana), with investments of US $ 15 billion for the next five years.

Source: epbr

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