Amid the oil crisis and the pandemic, let's go with good news! Licensing progresses to drill around 17 wells by US oil and gas multinational ExxonMobil, in the Campos and Santos basins. Not everything is flowers, Diamond Offshore files for bankruptcy in the US and drags its subsidiary in Brazil.

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The Environmental Impact Report for the campaign for blocks BM-C-753, BM-C-789 (concession, in Campos), BM-S-536, BM-S-647 (concession, in Santos) and Titã (sharing, in Santos), was delivered this week by the American.

The schedule foresees that between July and January 2021, two firm wells will be drilled, namely Titã and BM-C-789.

Subsequently, depending on the results obtained during the campaign, the oil company may drill up to 15 oil wells in the Campos and Santos basins.

ExxonMobil's current planning includes the use of the West Saturn rig (Seadrill) for drilling. Logistics in Niterói (Nitshore and Brasco) and São João da Barra (Porto do Açu).

by – epbr

Review – Petrobras raised its April production level to 2,26 million barrels of oil per day

A Petrobras revised the value of its production forecast for the month of April this year. Previously, the company had announced its intention to reduce its production to 2,07 million barrels of oil per day.

Now, the company has revised the scenario of the O&G market and increased its production to 2,26 million barrels of oil per day.

The decision to reduce production is due to the drop in global demand for oil due to the coronavirus.

In the same announcement at the beginning of April, Petrobras had informed that it would also reduce the utilization factor of its refineries from 79% to 60%.