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Oil Exploration in Rio Grande do Norte Generates R$ 18.2 Million in Investments

Written by Paulo Nogueira
Published on 12/09/2019 at 09:55
Updated on 11/09/2019 at 22:23
Exploração de petróleo no Rio Grande do Norte
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The Four Companies That Acquired The Blocks Will Invest About R$ 18.2 Million In Rio Grande Do Norte Over The Next Three Years.

Rio Grande do Norte was highlighted in the 1st Permanent Oil and Gas Auction held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which took place this Tuesday, September 10, in Rio de Janeiro. Last month Petrobras ended its activities in an exploration well in the state.

A total of 33 exploratory blocks were awarded, of which 19 (57.57%) are in the western part of the state, benefiting Rio Grande do Norte with R$ 18,254,500.00 for investments in research, well drilling, and oil exploration. The investments will be made by the four companies that acquired the blocks.

Representatives of the sector state that the auctioning of these exploratory blocks signifies the resumption of oil production on land, but without Petrobras’s participation in the process.

“This shows that there is a good outlook for the resumption of oil and gas production on land. The companies are optimistic and our fields still have much to offer. The State needs to take advantage of this moment to grow again,” said Gutemberg Dias, president of RedePetro/RN.

According to Gutemberg, the resources announced by the companies for investments in Rio Grande do Norte are expected to be spent over three years, as the processes involve the assumption of areas to be explored, research development aimed at finding new potential exploration areas, well drilling, economic viability analysis, and the extraction of oil itself.

“We want the companies to discover more wells,” highlights Dias. For now, he says it is not possible to estimate how many direct and indirect jobs will be created, nor how much oil will be produced. “All of this depends on the studies that will be conducted,” Gutemberg emphasizes.

Thirty-three blocks were auctioned in the Sergipe-Alagoas, Parnaíba, Potiguar, and Recôncavo basins, and 12 areas with marginal accumulations in the Potiguar, Sergipe-Alagoas, Recôncavo, and Espírito Santo basins, in the auction that took place this Tuesday.

The total bonus collected for the exploratory blocks was R$ 15.32 million (average premium of 61.48%) and there is an expectation of R$ 309.8 million in investments. For the areas with marginal accumulations, the total bonus was R$ 6.98 million (premium of 2,221.78%), with an expectation of R$ 10.5 million in investments. For Rio Grande do Norte, the total signature bonus was R$ 3,967,750.30.

1,200 Oil Wells Will Be Drilled By 2023, According To ANP

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Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

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