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July 12, 2019 Equinor began to carry out the first Drill Stem Tests in Norte de Carcará, a sharing area, located in the Santos Basin. The campaign will last until the end of the third quarter. The works contemplate two tests in two distinct wells. Equinor informs that the data collected is good and confirm... Continue Reading →
The Norwegian energy research and consultancy said on Thursday that new finds totaled 6.7 billion barrels of oil equivalent (boe) in the first half of 2019. The 1,123 million boe average monthly discovered volumes year-to-date is a 35% uplift compared to the 827 million boe seen in 2018. So far, 2019 has been a year... Continue Reading →
July 11, 2019 Petróleo Brasileiro S.A. – Petrobras clarifies, in relation to the note published today, by columnist Ancelmo Góis, in O Globo, that the information regarding the sale project of Pampo and Enchova Clusters is not correct, especially as to the reasons that led the company to carry out a new round of proposals... Continue Reading →
July 11, 2019 Petrobras partners in the project want to anticipate exploratory activities in the block of the 4th round of production sharing The consortium formed by Petrobras, Equinor, ExxonMobil and Petrogal could anticipate the drilling of the first exploratory well in Uirapuru, the Santos Basin block from the 4th round of production sharing in... Continue Reading →
The Dominican Republic on Wednesday launched its first ever oil and gas licensing round, offering 14 offshore and onshore blocks up for bidding to interested oil companies. The blocks on offer are located in the Cibao, Enriquillo, Azua, and San Pedro basins of the Carribean island nation. Energy intelligence group Wood Mackenzie is assisting the... Continue Reading →
Petrobras has completed the discovery plans of Quindim and Brigadeiro, deepwater prospects of the Espírito Santo Basin, at the cluster called the Parque dos Doces. They are discoveries in the post-salt made in 2011 in block ES-M-525, of the 6th round of the ANP. Petrobras has not drilled in the region since 2016. The Parque... Continue Reading →
PetroRio recorded a 36% increase in its total oil and gas production in the second quarter of this year. Extracted volume increased from 14,953 barrels / day of oil equivalent from January to March to 20,272 barrels / day from April to June, according to company operating data released on Monday (8). This total corresponds... Continue Reading →
July 10, 2019 With the increase in pre-salt production, the oil companies are preparing to raise their exports. The National Petroleum Agency (ANP) estimates that shipments of crude oil abroad can more than triple by 2030. In this scenario, companies in the industry move in search of logistics options to facilitate the flow of production... Continue Reading →
RIO DE JANIERO and MEXICO CITY (Bloomberg) -- Mexico’s moratorium on auctioning off its oil riches to foreign producers is giving a leg up to nearby rivals Brazil and Guyana. Mexico President Andres Manuel Lopez Obrador has halted new bid rounds, and state-owned Petroleos Mexicanos has disappointed potential partners by eschewing deep-water blocks in favor... Continue Reading →
July 9, 2019 Wintershall Dea is licensing an exploratory well in the POT-M-857 block area, in deep waters of the Potiguar Basin, in Rio Grande do Norte. The company informed Ibama that it intends to use a drillship with dynamic positioning to carry out the campaign, which will use the Port of Natal as a... Continue Reading →
