CNPE Approves Resolution for Increased Oil and Natural Gas Production in Marginal Fields in Brazil

Written by Ruth Rodrigues

Published on 24/06/2022 at 21:19

Foto: Bruno Spada/MME

Seja o primeiro a reagir!

With a Growing Demand in the Oil and Gas Sector in the International Market, CNPE Approved a New Resolution Aimed at Ensuring the Stimulation of Oil and Natural Gas Production in Brazilian Marginal Fields in Order to Take Advantage of the Potential of the Places.

The National Energy Policy Council (CNPE) approved, on Thursday (06/23), a new resolution with measures to bring new perspectives to the production of natural gas and oil in marginal fields in Brazil. Thus, the body aims to partner with the National Agency of Petroleum (ANP), so that it can regulate this exploration with new benefits that attract producing companies of these fuels in Brazilian territory.

CNPE’s New Resolution Regarding Marginal Fields in Brazil Aims to Stimulate Production in the Locations and Ensure an Increase in the Supply of Natural Gas and Oil in the Country

This Thursday was marked by the announcement of a new CNPE resolution regarding oil and gas fields with economic viability or marginal production, the so-called marginal fields, which are those that, for various reasons (including production decline), cease to be profitable for a particular operator but are still operational. Thus, the body intends to attract the attention of the national oil and natural gas market for the development of new exploration ventures in these locations.

Therefore, the Ministry of Mines and Energy stated that the new resolution and the search for incentives for production in marginal fields align with the objectives of the Revitalization and Incentive Program for Maritime Fields Production (Promar), which was created in 2020.

ARTICLE CONTINUES BELOW

See also

Moreover, the new CNPE resolution recommends that the ANP develop new incentives in the segment to attract oil and gas companies for the production of fuels in the national market, increasing the supply of natural gas and oil in the country.

The main expectation of the CNPE regarding the measures taken by the body to increase the stimulation of production in marginal fields in Brazil is the reduction in royalty rates for these assets. Therefore, the Council advises the optimization of regulation “to encourage modernization, deregulation, simplification, and regulatory agility.” This is a necessary measure to provide increasingly clear rules and norms regarding the production of natural gas and oil in these locations, as a way to ensure more security for companies interested in the sector.

ANP Has Already Made Some Changes in the Regulation of Marginal Fields and CNPE Expects Production Stimuli for Oil and Natural Gas to Grow

During the month of May 2022, the ANP already made a series of changes to the resolution for the classification of fields in a marginal situation in the country and released studies regarding the locations. Therefore, the CNPE now hopes that, due to these changes, more assets will be classified as marginal and will be eligible, in the future, to benefit from incentives implemented by the ANP, such as the reduction in royalty rates for these resources.

Additionally, the Secretary of Oil, Natural Gas, and Biofuels of the Ministry of Mines and Energy (MME), Rafael Bastos, has previously stated that the new ANP resolution could cover more than 280 fields for the marginal fields situation.

And with this, it would be possible to make significant investments in the production of oil and natural gas over the coming years, stimulating the Brazilian market for these fuels.

Now, the CNPE awaits a position from the ANP regarding the measures taken to encourage companies in the production of fuels in the areas of marginal fields, as a way to stimulate economic growth in Brazil and take advantage of the reserves in these locations.

CNPE Approves Resolution for Increased Oil and Natural Gas Production in Marginal Fields in Brazil

With a Growing Demand in the Oil and Gas Sector in the International Market, CNPE Approved a New Resolution Aimed at Ensuring the Stimulation of Oil and Natural Gas Production in Brazilian Marginal Fields in Order to Take Advantage of the Potential of the Places.

CNPE’s New Resolution Regarding Marginal Fields in Brazil Aims to Stimulate Production in the Locations and Ensure an Increase in the Supply of Natural Gas and Oil in the Country

ANP Has Already Made Some Changes in the Regulation of Marginal Fields and CNPE Expects Production Stimuli for Oil and Natural Gas to Grow

Scientists enter a narrow, flooded cave 500 meters deep and find giant dinosaur footprints on the ceiling measuring up to 1.25 meters, preserved in such a rare way that a new type of trace had to be created.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

A giant half-ton ring fell in Kenya from space, and more than a year later, scientists still do not know where it came from.

After two years of internal discussions, Paraguay has finally regulated the law that opens the country to foreign technology and service companies with tax incentives that promise to create thousands of jobs and change the economy.

Map reveals how the Earth may look in 250 million years: continents will reunite in the Last Pangaea, 92% of the planet could become uninhabitable for mammals, and Spain appears among the rare possible exceptions.

About 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland, with houses forming a continuous row and narrow agricultural strips emerging behind them, creating one of the most unusual rural patterns in Europe.

With 1,000 buses sent abroad, the Brazilian manufacturer consolidates the strength of national technology and takes on a leading role in public transportation across all of Latin America.

A British startup has just done what no private company has achieved before: igniting plasma inside a nuclear fusion-powered rocket engine, and if it works at scale, trips to Mars could take weeks instead of months.

Technology created by a Brazilian identifies signs of autism in babies from 4 months old using a low-cost kit that is based on the observation of gaze in response to visual stimuli.

New opportunity to work offshore in 2026: Forship opens vacancies for offshore and onshore positions in various areas in states like RJ, CE, RN, and much more.

How much does it cost to build a simple 2-bedroom house in the countryside in 2026? Look at real values and what drives up the project’s costs.

Known as konjac, a root used for centuries in Asia creates foods that have virtually no calories, absorb water, form gel in the body, and are being used to replace pasta, rice, and even desserts.

CNPE Approves Resolution for Increased Oil and Natural Gas Production in Marginal Fields in Brazil

With a Growing Demand in the Oil and Gas Sector in the International Market, CNPE Approved a New Resolution Aimed at Ensuring the Stimulation of Oil and Natural Gas Production in Brazilian Marginal Fields in Order to Take Advantage of the Potential of the Places.

CNPE’s New Resolution Regarding Marginal Fields in Brazil Aims to Stimulate Production in the Locations and Ensure an Increase in the Supply of Natural Gas and Oil in the Country

ANP Has Already Made Some Changes in the Regulation of Marginal Fields and CNPE Expects Production Stimuli for Oil and Natural Gas to Grow

Scientists enter a narrow, flooded cave 500 meters deep and find giant dinosaur footprints on the ceiling measuring up to 1.25 meters, preserved in such a rare way that a new type of trace had to be created.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

A giant half-ton ring fell in Kenya from space, and more than a year later, scientists still do not know where it came from.

After two years of internal discussions, Paraguay has finally regulated the law that opens the country to foreign technology and service companies with tax incentives that promise to create thousands of jobs and change the economy.

Map reveals how the Earth may look in 250 million years: continents will reunite in the Last Pangaea, 92% of the planet could become uninhabitable for mammals, and Spain appears among the rare possible exceptions.

About 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland, with houses forming a continuous row and narrow agricultural strips emerging behind them, creating one of the most unusual rural patterns in Europe.

With 1,000 buses sent abroad, the Brazilian manufacturer consolidates the strength of national technology and takes on a leading role in public transportation across all of Latin America.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

Sixteen years after the largest environmental disaster in oil history, BP has just received approval to open its first new field in the Gulf of Mexico, and the 10 billion barrels are 10 kilometers below sea level.

An Italian company has created an underwater drone that lives on the ocean floor for 12 consecutive months without returning to the surface, and the embedded artificial intelligence allows it to inspect and repair oil pipelines on its own.

With the war silencing the wells of Iran, Brazil set a record of 5.3 million barrels per day and rose in the global oil ranking without anyone noticing — the pre-salt now accounts for 80% of everything that comes from the seabed.

After years of delays and billions invested, the Golden Pass megaterminal in Texas is about to start exporting liquefied gas and will reshape the global energy map amid the Middle East crisis.

A British startup has just done what no private company has achieved before: igniting plasma inside a nuclear fusion-powered rocket engine, and if it works at scale, trips to Mars could take weeks instead of months.

Technology created by a Brazilian identifies signs of autism in babies from 4 months old using a low-cost kit that is based on the observation of gaze in response to visual stimuli.

New opportunity to work offshore in 2026: Forship opens vacancies for offshore and onshore positions in various areas in states like RJ, CE, RN, and much more.

How much does it cost to build a simple 2-bedroom house in the countryside in 2026? Look at real values and what drives up the project’s costs.

Known as konjac, a root used for centuries in Asia creates foods that have virtually no calories, absorb water, form gel in the body, and are being used to replace pasta, rice, and even desserts.