ExxonMobil Starts Drilling at New Well in Campos Basin

Written by Roberta Souza

Published on 12/02/2021 at 13:36

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ExxonMobil, Oil And Gas Multinational From The United States, Started Drilling A New Well In Block C-M-789, In The Campos Basin

This week, ExxonMobil, the oil and gas multinational from the United States, began 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.

Environmental License To Explore Oil Blocks In The Pre-Salt

In early January, Ibama (Brazilian Institute of Environment) granted ExxonMobil an operating license to drill up to six exploratory wells in blocks C-M-753, C-M-789, S-M-536, S-M-647, and the Titan sharing area, located in the pre-salt of the Campos and Santos basins.

The new oil exploration campaign off the Brazilian coast is where the American oil company received a four-year license from the environmental agency. The license allows ExxonMobil to drill up to six exploratory wells, consisting of drilling two firm wells (Opal 1 in block C-M-789 and Titan-1) and four contingent wells.

The projected investment for drilling the oil blocks in the pre-salt of the Campos and Santos basins may reach R$ 7 billion, according to ExxonMobil. The total area of the blocks is approximately 3,234 km², with bathymetric levels between 2,600 meters and 3,100 meters in water depth.

ExxonMobil Starts Drilling at New Well in Campos Basin

ExxonMobil, Oil And Gas Multinational From The United States, Started Drilling A New Well In Block C-M-789, In The Campos Basin

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Environmental License To Explore Oil Blocks In The Pre-Salt

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ExxonMobil Starts Drilling at New Well in Campos Basin

ExxonMobil, Oil And Gas Multinational From The United States, Started Drilling A New Well In Block C-M-789, In The Campos Basin

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