Searcher has completed the reprocessing of an additional 8,008 kilometers of 2D seismic data offshore Argentina as part of the Argentina Super-Tie 2D Reprocessing Project. The expanded coverage over the Malvinas and Austral Basins adds to Searcher’s existing data in the area, comprising over 19,000 kilometers of high quality broadband reprocessed 2D seismic data. Continue... Continue Reading →
Petrobras on new oil discovery in the pre-salt
April 2, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of oil in the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt. The pioneer well is located about 200 km off the coast of the city of Santos (SP), at a water depth of 1,995 meters,... Continue Reading →
Apache in second ‘significant oil discovery’ offshore Suriname
Oil and gas company Apache Corporation has made a ‘significant oil discovery’ at the Sapakara West-1 well drilled offshore Suriname on Block 58. The well was drilled using the Noble Sam Croft drillship with Apache as operator holding a 50% working interest and Total holding the other 50% working interest. Continue reading
ANP APPROVED THE DEVELOPMENT PLAN OF THE LAPA FIELD, IN THE SANTOS BASIN
APR 2, 2020 The National Petroleum Agency (ANP) approved earlier this week the Development Plan for the Lapa field, in the pre-salt of the Santos basin. The field is operated by Total (45%), in partnership with Shell (30%) and Repsol Sinopec (25%). The French oil company's share previously belonged to Petrobrás, which sold its share... Continue Reading →
Petrobras notified the presence of oil in Uirapuru
April 2, 2020 Petrobras notified the presence of oil in Uirapuru during the drilling of 1-BRSA-1373B-SPS, repetition of the first well drilled in the block, in the Santos Basin pre-salt, contracted in the 4th pre-salt sharing round. Petrobras will also test the HISEP technology, which separates dense phases at high pressure, with the fluid produced... Continue Reading →
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... Continue Reading →
Brazil’s ANP Suspends Oil, Gas Bidding Rounds Due to Coronavirus
Brazil's oil and gas regulator ANP on Wednesday approved the temporary suspension of the 17th round of auction bids for exploration and production rights planned for this year due to the coronavirus health crisis. In a press release, the ANP said its action followed the Mines and Energy Ministry's decision to suspend pre-auction procedures such... Continue Reading →
The TOR assignment contracts are signed by Petrobras
April 1, 2020 Petrobras then concludes the contracting of 90% of the TOR surplus in Búzios, alongside that of the Chinese state-owned companies CNODC and CNOOC, with 5% each. In addition to 100% of Itapu. - Búzios is the largest field under development in the country, with four Petrobras own units in operation, Búzios 5... Continue Reading →
Petrobras and the partners in Libra get another five years to explore the block, in the Santos Basin pre-salt.
April 1, 2020 The ANP board approved the review of the discovery assessment plan (PAD) for well 3-BRSA-1267-RJS, an extension well for the original Libra discovery, which provides for additional campaigns in the Southeast and Central areas of the block. - Southeast: the consortium led by Petrobras needs to decide on December 31 this year... Continue Reading →
Total reviews strategy in Lapa
April 1, 2020 Total Brasil will not extend the charter contract for the Valaris-DS9 drillship, owned by Valaris (ex-Ensco), which, since last year, has carried out a drilling campaign in the Lapa field, in the Santos Basin pre-salt. The French oil company reviewed the operating strategy it had defined for the asset, opting to suspend... Continue Reading →