The Federal Government approved a project for the production and exploration of oil and natural gas in unconventional reservoirs. The program is called Poço Transparente and was qualified in May last year
The Federal Government approved, this Thursday (30), a resolution of the National Energy Policy Council (CNPE) with guidelines for the installation of a pilot project called Poço Transparente, which aims to create knowledge regarding production practices. and exploration of oil and natural gas in unconventional reservoirs. According to a press release from the Federal Government, the effects of the project could lead to the creation, on environmentally safe bases, of a new sector of the oil and natural gas industry in Brazil.
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Federal Government says that data collected in the project will be published on the internet
The resolution approved by the Federal Government provides for the creation and publication of a public notice, within three months, for the qualification of oil and natural gas projects in unconventional reservoirs. Soon after, the notice must go through a kind of public consultation.
There is also a recommendation for the National Agency of Petroleum, Natural Gas and Biofuels (ANP), to take into account the contributions made in projects as eligible for mandatory investments in RD&I (Research, Development and Innovation) provided for in concession contracts, in addition to the cut of royalties related to the production of oil and natural gas in unconventional reservoirs.
According to the Federal Government, all the data studied in the Poço Transparente project will be posted on the internet, making it possible for everyone to monitor and follow up, from the stage prior to the environmental licensing, until the end of the hydraulic billing operations and well drilling.
Brazil is in 10th place in production of shale gas
According to the statement from the Federal Government, the monitoring of environmental parameters and operations will be carried out in accordance with the best international practices, operational safety and environmental preservation. Still according to the government, Brazil is in 10th position in the countries with the highest potential volume of manufacturing of shale gas the world.
The effective execution of the Poço Transparente Project, which aims to produce in unconventional reservoirs, will make it possible for Brazil to advance towards the knowledge of the potential of unconventional oil resources in the country, in an environmentally safe way, following the example of what happened in countries like the USA , Canada and China, which generate significant amounts of oil and natural gas in reservoirs of this type.
The Transparent Well was qualified in the PPI in May last year, for the purpose of supporting environmental licensing and other measures necessary to make the project viable.
Jobs in the oil and gas sector could increase as new investment arrives
With signs of a return after the pandemic, the oil and gas sector is projected to generate up to 50 jobs in 2022. According to the IBP, the optimistic scenario is being generated by the sale of Petrobras assets.
The estimate is that production, which currently reaches the mark of 3 million barrels per day, will rise to around 5,4 million barrels per day by 2030 and, for this to be possible, the estimate is that US$ 50 billion will be invested in the sector.
