![Brazil Brazil](https://cdn-www.bnamericas.com/img/flags/BRAZIL.jpg)
Brazil mulls including new blocks in production sharing program
![Brazil mulls including new blocks in production sharing program](https://cdnimg.bnamericas.com/uPOkGkVBNTsKToWnMGrhrUDJeNwniuBsIfHhhRxAwPaaLpeggkMLAPzyEFxLPEBT.jpg)
Brazil is studying the inclusion of four new exploration blocks in its open acreage production sharing program, a source close to the subject told BNamericas.
The assets under analysis are dubbed Mogno, in the Santos basin, and Citrino, Ônix and Larimar, in the Campos basin.
These would join the Ametista block, whose inclusion the government approved last year, in addition to Ágata, Esmeralda, Jade, Turmalina, Tupinambá, Itaimbezinho and Cruzeiro do Sul.
The latter seven did not receive bids in the first open acreage production sharing round that was carried out in December. On the occasion, four areas were taken: Água Marinha, Bumerangue, Norte de Brava and Sudoeste de Sagitário.
According to Marcelo de Assis, research director at Wood Mackenzie, the new blocks under study are assets with smaller oil and gas prospects. “The best ones have already been auctioned,” he told BNamericas.
Pedro Zalán, founder of consultancy ZAG Consultoria em Exploração de Petróleo, highlighted the potential of Ametista. He said the block is partially located within the pre-salt polygon, but even in this production sharing area, the prospect is in the post-salt layer.
The core of the block is dominated by an oil play that, to date, has not been tested in Brazil, as it consists of a construction of Albian-aged carbonate rocks on top of an igneous substratum, that is, a carbonate atoll on top of a volcano.
He highlighted that the Ametista play is similar to the Ranger discovery, which ExxonMobil made in Guyana, in the Stabroek block, with 500 million barrels of oil in situ.
“Should Ametista turn out to be what we’re predicting, the chance of oil is enormous,” he told BNamericas.
The open acreage production sharing program is designed for contracting exploration and production of oil and natural gas in blocks in the pre-salt polygon and other strategic areas.
In this system, blocks are permanently available and the rounds begin at the request of the registered companies through the submission of a declaration of interest to oil and gas watchdog ANP for one or more available blocks, accompanied by a guarantee of supply.
CONCESSION
Meanwhile, 135 blocks and two areas with marginal accumulations, i.e., areas where there was no oil and/or natural gas production or where production was interrupted due to lack of economic interest, are scheduled to be included in the open acreage concession program this half.
The list comprises block PRC-T-54 in the Parecis basin, 39 blocks in São Francisco, 40 blocks in Potiguar and 55 blocks in Pelotas, besides the Japlim and Graúna marginal areas, in the Amazonas and Potiguar basins, respectively.
Currently, 1,030 blocks and 15 marginal areas are under study to be included in the open acreage concession program.
So far, three rounds have been held by ANP, and the tender for the next one is expected to be published this month. ANP expects to carry out at least one concession and one production sharing open acreage round in 2023.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Oil & Gas (Brazil)
![Brazil roundup: Acelen's green investments, FPSO hull contracts, fertilizer and more](https://cdn-www.bnamericas.com/img/sectors/oilgas_2.jpg)
Brazil roundup: Acelen's green investments, FPSO hull contracts, fertilizer and more
BNamericas provides a roundup of news from the sector.
![BP plans new exploration campaign off Brazil’s coast](https://cdn-www.bnamericas.com/img/sectors/oilgas_1.jpg)
BP plans new exploration campaign off Brazil’s coast
The UK major is currently drilling a pre-salt well in the Santos basin.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Oil & Gas (Brazil)
Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Field Camaçari
- Current stage:
- Updated:
2 weeks ago
- Project: Field Mero
- Current stage:
- Updated:
2 weeks ago
- Project: FPSO SEAP-II (Sergipe Deep Water Project)
- Current stage:
- Updated:
2 weeks ago
- Project: FPSO SEAP-I (Sergipe Deep Water Project)
- Current stage:
- Updated:
2 weeks ago
- Project: LNG Regasification and Storage Terminal UTE GNA
- Current stage:
- Updated:
2 weeks ago
- Project: Bloque BM-C-33
- Current stage:
- Updated:
2 weeks ago
- Project: FPSO P-84
- Current stage:
- Updated:
2 weeks ago
- Project: Açu Liquid Terminal (TLA)
- Current stage:
- Updated:
2 weeks ago
- Project: FPSO P-85
- Current stage:
- Updated:
2 weeks ago
- Project: FPSO P-82
- Current stage:
- Updated:
3 weeks ago
Other companies in: Oil & Gas (Brazil)
Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Imetame Energia Ltda.  (Imetame Energia)
-
Imetame Energia S.A. is a Brazilian onshore oil and gas exploration and production company, part of the Imetame Group. The company has 33 assets in the Potiguar, Espírito Santo,...
- Company: Cemes Petróleo S.A.  (Cemes Petróleo)
-
Cemes Petróleo S.A. is a Brazilian joint venture made up of energy solutions provider Orteng, oil block operator Imetame Energia, and engineering firm Delp. Established in 2008,...
- Company: Equinor Brasil Energia Ltda.  (Equinor Brasil)
-
Equinor Brasil Energia Ltda. (Equinor Brasil), a subsidiary of the Norwegian firm Equinor, formerly Statoil, established in 2000 in Rio de Janeiro, is engaged in the exploration...
- Company: Grupo Dislub Equador
-
The description contained in this profile is taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tran...
- Company: TotalEnergies EP do Brasil Ltda.  (TotalEnergies EP do Brasil)
-
Total E&P do Brasil Ltda. is a wholly owned subsidiary of the French oil multinational Total Group. The company's portfolio comprises 17 offshore blocks, specializing in deep wa...
- Company: Petrobahia S.A.  (Petrobahia)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Atvos
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...