Wintershall DEA plans first well in Ceará Basin

Jul 16, 2020

Wintershall DEA started the licensing process for an exploratory well in the area of ​​block CE-M-601, in deep waters of the Ceará Basin. The vertical well will be drilled in a 2000 m water depth slide and the company expects to find oil, with an average estimate of 24º API.

The CE-M-601 block was won by Wintershall DEA in the 15th ANP bidding round, held in 2018. The company paid R $ 9 million in signature bonuses for the area alone.

Interest in the Ceará Basin increased after Petrobras announced the discovery of oil in the area of ​​block BM-CE-2, in deep waters of the Ceará Basin.

Who was also preparing a campaign is Premier Oil, which planned make an exploratory well in the region of the CE-M-717 block, in the Ceará Basin, but ended up postponing the project to 2021 due to the uncertainties caused by the covid-19 pandemic.

The director of Premier Oil in Brazil, Nathan Biddle, told a webinar during the offshore week, promoted by epbr, that the company made the decision to reallocate the capital that would be invested in the project. “We intend to return with investments in 2021. In no way did we cancel our well,” he guaranteed.

Potiguar Basin

In addition to the operation in the Ceará Basin, Wintershall operates three exploratory blocks in the Potiguar Basin. In October last year, Murphy Oil closed an agreement with Wintershall DEA to acquire a 30% stake in the exploratory blocks POT-M-857, POT-M-863 and POT-M-865. The German company paid R $ 98.3 million for the concession of the three areas in the 15th bidding round of the National Petroleum Agency (ANP), held in 2018, and maintains the operation of the areas with a 70% stake.

Wintershall DEA is licensing an exploratory well in the area of ​​block POT-M-857. The consortium formed by Petrobras, Shell and Petrogal won in the bid for the concession of the project. In the other two areas, it won a bid with a consortium formed by Petrobras and Shell.

Source: epbr

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