The 6th Round of the Pre-Salt Production Sharing will run on November 7 with 17 companies able to compete, the highest number in this regimen’s auctions.
Browsing: pre-salt
Company reported a production of 3 million barrels of oil and gas per day, a record high.
A National Petroleum Agency division superintendent said the auctions convey information regarding the pre-salt area and bring new investors to Brazil.
Petrobras now extracts almost 2 million barrels of oil equivalent a day in the region’s ultra-deep waters.
Brazil produced on average 2.6 million barrels per day in the first month of 2019.
Petrobras started this Wednesday (20) to produce oil and gas in platform P-76, in Campos Basin.
The country produced an average of 2.586 million barrels per day last year. Natural gas production, however, grew by 1%.
The funds originated from Pré-Sal Petróleo (PPSA), a company affiliated with the Brazilian Ministry of Mines and Energy.
Oil and gas production averaged 3.34 million barrels of oil equivalent per day for the Brazilian state-run oil company in October.
Qatar’s state-owned company acquired the block of Titã, in the Santos basin, in the 5th Production Sharing Round in the Pre-Salt, in a consortium with ExxonMobil. The auction was held this Friday.
The climb was registered in July over June, with 1.82 million barrels of oil equivalent per day.
The second auction of the Brazilian federal government’s stake in production-sharing contracts will be held on the 31st at the São Paulo Stock Exchange.
Production averaged 2.6 million barrels per day last year in Brazil. Manufacturing of oil products, on the other hand, slid by 3.7% to 1.9 million bpd as spending on imports went up.
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels has issued a preliminary request for bids and the minutes of contracts for the 5th Pre-Salt Oil and Gas Production Sharing Tender Round, slated for September.
