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ANP Auction Expected to Attract R$ 39 Million in Investments for RN After Leasing of Oil Exploration Wells in the Potiguar Basin

Written by Ruth Rodrigues
Published on 19/04/2022 at 10:03
Cerca de 39 blocos de poços de exploração de petróleo na Bacia Potiguar passaram pelo processo de arrendamento no leilão da ANP e, com isso, o estado do Rio Grande do Norte deverá receber em torno de R$ 39 milhões em investimentos
Cerca de 39 blocos de poços de exploração de petróleo na Bacia Potiguar passaram pelo processo de arrendamento no leilão da ANP e, com isso, o estado do Rio Grande do Norte deverá receber em torno de R$ 39 milhões em investimentos. Fonte: Agência Petrobras
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About 39 Oil Exploration Well Blocks in the Potiguar Basin Have Gone Through the Leasing Process in the ANP Auction, and As a Result, the State of Rio Grande do Norte Is Expected to Receive Around R$ 39 Million in Investments in the Segment

During last Wednesday, (12/04), the National Agency of Petroleum, Natural Gas and Biofuels (ANP) held a major auction for oil exploration wells across Brazil. In this round, about 39 blocks from the Potiguar Basin went through the leasing process, which is expected to yield an investment plan of around R$ 39 million for Rio Grande do Norte in the coming years.

Video: ANP Auction Held in Ten Brazilian States, Including Rio Grande do Norte

YouTube video
The ANP held the auction for several wells spread throughout Brazilian territory, and among these, 39 are from the Potiguar Basin. Source: YouTube

Oil Exploration Wells in the Potiguar Basin Stand Out in the Leasing Processes in the Auction Held by ANP This Week

After the completion of the auction for the concession of oil and natural gas exploration wells in various parts of the country, Rio Grande do Norte is expected to receive around R$ 39 million in investments from the leasing of 39 blocks in the Potiguar Basin, according to projections from the ANP itself, which uses a minimum exploratory program that the winning companies present as a requirement to win the auction for exploration wells, to ensure that investments are applied efficiently in the states.

The companies that leased the exploration wells in the ANP auction were Petro-Victory and 3R Petroleum, which already have oil and natural gas exploration projects in the state. Thus, during the auction of the Potiguar Basin blocks, Petro-Victory acquired 19 blocks, divided into three different sectors, and 3R another six blocks in two areas of the state, thus ensuring a good concession of operations for companies operating in the oil and natural gas production segment.

The exploration wells in the Potiguar Basin that were acquired by the companies represent about 42.3% of all blocks in the auction, thus ensuring a significant highlight within the ANP event and new perspectives for the oil and natural gas segment in the Potiguar territory. Consequently, the ANP and the government of Rio Grande do Norte expect an amount of R$ 39 million to be invested in the state through the extraction of these fuels after the agency’s auction.

Ministry of Mines and Energy Celebrates the Auction for Leasing Exploration Wells and Highlights the Need for More Investments in the Segment

Although the Potiguar Basin was the major highlight in the leasing of oil exploration wells in the ANP auction, other areas of Brazil also found their space, and the event was a true success for expanding investments in the production of these fuels. All blocks participating in the auction were contracted by 13 companies, which are expected to invest R$ 406 million in exploration activities in the coming years, thereby fostering even greater development of the sector in Brazil.

Thus, the Minister of Mines and Energy, Bento Albuquerque, celebrated the success of the ANP auction and stated that “We can highlight the interest of various companies that have started and consolidated their operations in Brazil, acquiring mature fields from Petrobras through the divestment process. I am pleased to see the number of national companies participating in this event, which should make everyone involved in public policy in this country proud.”

In addition, although Petro-Victory and 3R Petroleum achieved significant visibility in the leasing of exploration wells in the Potiguar Basin, another company that made a good showing in the auction was PetroReconcavo, which already has an average daily production of 11,192 barrels of oil equivalent (boe)/day in RN and intends to further expand these numbers.

Ruth Rodrigues

Formada em Ciências Biológicas pela Universidade do Estado do Rio Grande do Norte (UERN), atua como redatora e divulgadora científica.

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