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Monster Exxon Mobil starts in 2018; Drilling, seismic and back exploration operations

Written by Paulo Nogueira
Published 13/11/2017 às 10:22

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After winning 14 exploration blocks in our country in the last auction, Exxon can take Brazilian oil to another level.

A Exxon Mobil he has already had some small operational stakes in Brazil in a very simple way, with only two concession areas in the Northeast, but he finally decided to increase his portfolio of activities in the country and decided to try his luck in the oil auctions that have been taking place here in recent months . It has mainly aimed at the potential discoveries that the pre-salt can provide the company.

First understand the numbers

To be part of the asset in Carcará (block BM-S-8), which is in the pre-salt in the Santos Basin, the company had to spend around US$ 1,8 billion. This amount includes an order to Statoil of US$ 1,4 billion, which, incidentally, holds 40% of the concession, the remainder of the US$ 366 million goes from the signature bonus of the North side of this asset that has not yet been explored. . R$ 1,9 billion will be disbursed for another 10 exploratory blocks acquired in September in the 14th round of auctions promoted by the ANP.

According to Exxon estimates, the carcará area will have around 2 billion barrels of oil of excellent quality. Jeffrey Woodbury, who is the company's chief executive of multinational relationships, the company is very optimistic about its recent purchase, stating that he has had his eye on the Santos Basin for quite some time.

TECHNOLOGY AND SMARTPHONES – FREE MARKET

TECHNOLOGY AND SMARTPHONES – FREE MARKET

2018 begins Exxon activities – Exxon now has half of the partnership for exploration in ultra-deep waters with Petrobras, that is, the two hold 50% in six concessions now in the Campos Basin for exploration of newly discovered pre-salt. Exxon informs that activities will begin in 2018. They are already seeing where their strategic base will be, two strong candidates are Macaé and/or São João da Barra, in Açú, followed by seismic operations in the areas sold for the start of drilling operations in 2019. So get ready because there will be a lot of job openings. [supsystic-social-sharing id='1′]

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Paulo Nogueira

With a technical background, I worked in the offshore oil and gas market for a few years. Today, my team and I are dedicated to bringing information from the Brazilian energy sector and the world, always with credible and up-to-date sources.

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