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.
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Even with the abandonment of drilling the oil well earlier, 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.
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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.
