The Oil Giant ExxonMobil Informed ANP Last Friday (30/07) About The Existence Of Indications Of Oil And Natural Gas In The Area Of Block CM-789
The oil company ExxonMobil announced that it found indications of oil and natural gas in an important well in ultra-deep waters, located in the Campos Basin, but the company did not state whether the discovery is economically viable. The indication of the existence of oil and gas in the asset was announced by the ANP last Friday (30/7). See also: ExxonMobil Revises Business Plan And Removes Less Strategic Assets. Company Suffered A Loss Of US$ 20 Billion In The Fourth Quarter
- Engie Joins The Brazilian Hydrogen Association To Accelerate The Adoption Of Green Hydrogen Technologies In Brazil
- Fertilizer Industry Unigel Announces Investment In A “Green” Ammonia Plant In Bahia
- Azul Aims To Purchase More Than 200 Flying Cars To Form An Exclusive Fleet In Brazil
- Tesla’s Electric Pickup Cybertruck Is Now Available For Rent And Purchase In Brazil
- Zeg Ambiental Develops Technology Capable Of Transforming Waste Into Renewable Energy That Could Revolutionize The Market
Details About The Indications Of Oil And Gas In The Asset
ExxonMobil will study the results of well Opal-1A to evaluate the exploration potential, the company said in a statement. Its partners in the asset, located in the Campos Basin, are Petrobras and Qatar Petroleum.
ExxonMobil hired the West Saturn drillship from Seadrill for campaigns in Brazil. In January, it received a license to drill two firm wells and four contingent on the results of the campaign. In total, the company mapped 15 possible locations in blocks BM-C-753, BM-C-789 (both in the Campos Basin), BM-S-536, BM-S-647, and Titã (the three in Santos).
-
Seismic surveys conducted by Russian ships in Antarctica have indicated estimates of up to 511 billion barrels of oil in the Weddell Sea, almost double the reserves of Saudi Arabia, in a scenario that raises alarms in the United Kingdom about the risk to the treaty that has prohibited mining on the continent since 1959.
-
While Brazil sits on the pre-salt and still imports diesel, Turkey, which produces almost no oil, crossed half the world to drill 7,500 meters below the sea in Somalia in search of its own fuel.
-
Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?
-
Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.
Great Success Of The Pre-Salt In The Campos Basin
The exploration industry in Brazil is awaiting the results of this well, and others, to help determine how far the pre-salt region extends beyond the initial group of fields discovered by Petrobras. The region is the backbone of the Brazilian state-owned company’s growth plans. ExxonMobil also plans to drill in two other offshore basins in Brazil.
Despite Petrobras’ success in the pre-salt, there have been disappointments for peers who, like ExxonMobil, purchased expensive drilling rights in Brazil before oil prices plummeted. Royal Dutch Shell drilled a dry well last year.
Also Check: ExxonMobil Begins Drilling A New Well In The Campos Basin
ExxonMobil, a multinational oil and gas company from the United States, has begun drilling a new well in the Campos Basin. This is the Opal-1A well, located in block C-M-789. Previously, the American oil company had abandoned the drilling program for the first well in the block due to operational issues.
Even with the abandonment of the earlier well drilling, ExxonMobil’s exploration goals have not changed and will not affect the company’s contractual obligations with the National Petroleum Agency (ANP). The drillship West Saturn from Seadrill is conducting exploration activities in the area. ExxonMobil acquired Block C-M-789 in the 15th bidding round held in September 2018.
In early January, Ibama (Brazilian Institute of Environment) granted the Operating License for ExxonMobil to drill up to six exploratory wells in blocks C-M-753, C-M-789, S-M-536, S-M-647, and the sharing area Titã, located in the pre-salt of the Campos and Santos basins.

Be the first to react!