BP gains time for Pau Brasil

March 17, 2020

With ANP approval, the British operator will collect new seismic data in the block located in the Santos pre-salt

The ANP approved the first revision of the exploration plan for the Pau Brasil area, aquired by BP Energy in the 5th Production Sharing Round, in 2018.

According to the regulatory agency, the review is due to the change in the exploration plan’s schedule with respect to an activity that was already committed, in addition to changes in global cost estimates.

Today Petroleum found that the consortium formed by the British oil company, Ecopetrol and CNOOC requested the changes due to the delay in environmental licensing and to collect new seismic data in the block.

In the characterization sheet for the activity in Pau Brasil, sent to Ibama on December 2018, BP planned to start drilling the first well in the area in August this year, with an estimated duration of 150 days.

Depending on the results, two other wells may be drilled in the block, and, if signs of hydrocarbons are found, a formation test may be carried out.

Auctioned in the 5th Production Sharing Round, Pau Brasil is located about 285 km from Arraial do Cabo (RJ), in water depths ranging between 2,400 m and 3,400 m.

Source: PetróleoHoje

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