December 4, 2019 The launching of seven new pre-salt platforms between 2018 and 2019 boosted GDP, even in the face of poor economic performance in other sectors. Brazil is producing nearly 4 million barrels a day, a record high - and pre-salt accounts for 64% of national production. The report of the newspaper Folha de... Continue Reading →
October oil and gas production in Brazil reached 3,792 MMboe / d and the pre-salt participated with 2,394 MMboe / d
Dec 02, 2019 The October pre-salt production increased by 4.6% over September, totaling 2.394 million barrels of oil equivalent per day (MMboe / d), with 1.905 million barrels per day (MMbbl / d) of oil and 77 , 6 million cubic meters per day (MMm3 / d) of natural gas. Compared to October 2018, the... Continue Reading →
Permanent Offer reaches 740 blocks; ANP promotes changes in the edict
Nov 29, 2019 The National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the inclusion of another 173 exploration blocks and the Juruá field, as an area of marginal accumulation, in the Permanent Offer of areas that can be contracted by the concession model. - There will then be 740 blocks, 497 on land... Continue Reading →
Shell defends continuity of oil auctions in Brazil
Nov 29, 2019 The president of the Brazilian oil company, André Araújo, says that any interruption in the bidding agenda would affect the operators and suppliers of the oil and gas chain. Shell considers Brazil an attractive country for the oil and gas industry, but the government must seek actions to maintain its attractiveness in... Continue Reading →
Spike in Floater Orders, as Demands Ease
For a range of reasons not all related to costs, offshore operators have stated their preference for floating production with a recent slew of orders, a report by dedicated floating production watchers said this week. The world’s floating production supply chain — especially those offering front-end engineering and fabrication — can point at the end... Continue Reading →
Petrobras defines 2020 exploratory campaign
Nov 26, 2019 Without revealing amount of investments, oil company announces number of wells for next year Petrobras will drill seven to eight exploratory wells in 2020. The information was released by the oil company's E&P director Carlos Alberto Oliveira during the 2nd Pre-Salt Petroleum Technical Forum, anticipating that most of the campaign will be... Continue Reading →
Petrobras finds signs of oil and gas in Marlim Leste, Campos Basin
November 26, 2019 Petrobras found evidence of oil and gas in well 4-BRSA-1372-RJS, within the Marlim Leste block, in the Campos Basin pre-salt. The discovery took place in a water depth of 2,024 meters, according to data published by the National Petroleum Agency (ANP). The field has two FPSOs (P-53 and Cidade de Niterói), with... Continue Reading →
Equinor to Drill 30-40 Exploration Wells in 2020
Norway's Equinor plans to drill 30-40 oil and gas exploration wells globally in 2020, similar this year, with Brazil being a "hotspot" of its international efforts, the company's exploration head said on Tuesday. The company will drill about 20-30 exploration wells on the Norwegian continental shelf, focusing on the North Sea, plus wells at the... Continue Reading →
Pre-salt production sharing contracts expected to require 28 FPSOs in ten years, calculates PPSA
November 25, 2019 Pre-Sal Petróleo SA (PPSA) estimates that the demand for new FPSOs could reach 28 new units to be installed between 2021 and 2030 to develop the reserves contracted under the production sharing model. There are a total of 17 exploration and production contracts signed between 2013 and this year, when TOR and... Continue Reading →
Halliburton Unveils Xtreme Single-Trip Multizone System
Oilfield services company Halliburton introduced the Xtreme Single-Trip Multizone (XSTMZ) system for completing wells in deepwater and ultra-deepwater conditions up to 15,000-psi, to be used by a major operator in the Gulf of Mexico in 2020. Based on Halliburton's existing 10,000-psi rated Enhanced Single-Trip Multizone (ESTMZ) system, the increased pressure rating of the XSTMZ system... Continue Reading →
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