Tests In The Discovery Of Guanxuma Are Being Conducted By The Norwegian Oil Company Equinor, Where The Giant Carcará Field Is Located
After The Start Of The Year, When Equinor Announced The Discovery Of Oil West Of The Carcará Field And Notified The ANP, The Company Continues To Lead The Campaign For The Development Of The Asset.
Equinor Forecasts Phase 1, With First Oil Expected In 2023 Or 2024, And Phase 2, Expected In 2026. The Good News Comes From The Positive Expectations With The Guanxuma Prospect, Which Is Being Drilled And Where High-Quality Oil Was Found, “With Reservoir Qualities Comparable To Those Of The Carcará Field”, As Reported By The Company.
According To Information Circulating In The (Eager) Market, The Asset Will Require One Of The Largest FPSOs Operating In Brazilian Waters, Capable Of Producing Up To 220,000 BOPD.
Earlier This Year, The Company Had Already Announced The Discovery, But Since 2018 It Has Been Consulting The Market About The Construction Of The Vessel.
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More than 230 Brazilian companies move production to Paraguay, pay a tax rate close to 12%, compared to about 80% in Brazil, and use Mercosur to sell back to the domestic market without import tax.
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Dredged material from navigation channels restores life to Poplar Island, reconstructs 1,715 acres of land, expands open water zones, and creates a refuge for hundreds of migratory and local bird species.
The Market’s Hope Is That Equinor Will Prefer EPC Contractors That Already Operate In Brazil, Such As Modec And SBM, Due To A Better Understanding Of The Local Content Conditions That Will Be In Force At The Time Of Contracting.
The Carcará Field
The North Area Of Carcará Was Acquired In The 2nd Round Of Production Sharing, In 2017. The Field Is Operated By Equinor, With A 40% Stake Alongside ExxonMobil (40%) And Galp (20%), It Was Discovered In 2012 By Petrobras And Bought By Equinor In 2016. Its Recoverable Resources Are Estimated At 2 Billion BOE.
The Drillship West Saturn Was Assigned Last Year To Drill Four Wells For Equinor In BM-S-8, All In The Guanxuma Prospect, In Water Depth Of 1,991 M. One Of Them, The 1-STAT-10A-SPS, Resulted In The Discovery Of Oil.
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