Shell has until Dec 2021 for Gato do Mato discovery

April 2, 2020

Shell will have at least until December 2021 to complete the assessment of the discovery of Gato do Mato, in the Santos Basin pre-salt. Decision of the ANP board, authorized the combination of the exploration work of the original concession (BM-S-54) with the sharing contract (Sul de Gato do Mato).

– Investment commitments are the drilling of an appraisal well; new acquisition and processing of OBN (ocean bottom nodes) seismic; and studies of geological modeling and reservoir flow.

– Shell recently notified the ANP of the presence of oil in well 3-SHEL-32D-RJS, in the south of Gato do Mato. There is no additional information – the notifications released by the agency only inform the presence of oil, natural gas or both.

Source: epbr