Shell evaluates the results of the exploratory campaign on Saturno, in the Santos Basin pre-salt and does not have a definitive position for the project. According to the company’s president in Brazil, André Araújo, it is too early to talk about returning the block.
Shell is the operator of Saturn with 45% of the block, in partnership with Chevron (45%) and Ecopetrol (10%). The block was bought by the sharing regime in the 2018 pre-salt auction.
A pioneer well 1-SHEL-33-RJS (Saturno1) was drilled, completed in June 2020 without any discovery announcement. According to ANP data, the well is dry. Evidence of oil has been identified, but the main fluid notified to the agency is water.