EXXONMOBIL STARTS DRILLING IN THE TITA BLOCK, AT 2,600 METERS WATER DEPTH

(PetroNoticias) About three years after acquiring the Titã block, in the Santos Basin pre-salt, the American company ExxonMobil started the first exploratory drilling in the area. The information was disclosed to the National Petroleum Agency (ANP) on its active wells portal. Drilling is being carried out in a water depth of 2,644 meters, using the West Saturn drillship.

The wildcat well was named Titã 1 and the drilling activity began on Aug 15th. The block is operated by ExxonMobil (64%) in partnership with QPI Brasil (36%) and was purchased in 2018, during the 5th Sharing Round. The area’s signature bonus was the biggest in the auction, together with Saturno, in the amount of R$3.125 billion.

The year 2021 has been marked by a resurgence in exploratory activity in the country. Earlier this month, for example, Eneva began drilling the onshore well in block PN-T-48, in the Potiguar Basin. Petrobras also announced in August that it intends to drill 20 new wells between 2021 and 2022 in Brazil, 11 of which will be inside Campos, in the so-called “pre-salt fringe”.

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