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Petrobras has just made a huge discovery! Oil traces in front of the city of Santos could change everything. The exploration promises millions in royalties for the city and transformations in the energy market. The future of Santos could be full of investments, from infrastructure to education. Stay up to date with this shocking news!
A Petrobras announced, this Monday (17), the identification of signs of oil and natural gas in the Aram block, located in the pre-salt of the Santos Basin, 245 km off the coast of Santos, on the coast of São Paulo.
This milestone is a major step towards the exploration of new hydrocarbon reservoirs, which could result in a significant increase in the company's revenues and, in the future, benefits for the local and national economy.
According to the state-owned company, the presence of hydrocarbons was confirmed through electrical profiles and fluid samples collected on site, with the support of laboratory studies for detailed analysis.
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Although Petrobras has not yet revealed a forecast for the start of production at the site, the discovery has already generated great expectations about the area's exploration potential.
Pre-salt oil detection: a new horizon for energy exploration
Well 4-BRSA-1395-SPS, where signs of hydrocarbons were identified, is located in the city of Santos and has a depth of 1.759 meters.
The drilling operation will continue until it reaches the total predicted depth, which will allow the conditions of the detected reservoirs to be assessed and the quantity of oil and gas available for extraction to be confirmed.
Petrobras, which leads the consortium responsible for the operation with an 80% stake, is in partnership with the Chinese state-owned company CNPC (China National Petroleum Corporation), which holds the other 20%.
The discovery was made during the 6th bidding round of the ANP (National Agency of Petroleum, Natural Gas and Biofuels), held in March 2020, and is under the Production Sharing regime. The contract management is the responsibility of PPSA (Pré-Sal Petróleo SA).
Santos can profit from royalties and profit sharing
Confirmation of the existence of oil and gas in the Aram block opens the door to possible exploration of large volumes of hydrocarbons.
For the city of Santos, this could mean the entry of significant resources from royalties and special participations, which are paid by the exploration companies.
These amounts can be invested in essential areas such as education, infrastructure, basic sanitation and environmental protection actions.
The impact of royalties for Santos and the possibility of new investments
Royalties are paid monthly by the company responsible for oil and gas production, while special shares, which are paid quarterly, represent an additional percentage of profits.
These resources could benefit the city with investments in fundamental sectors, such as education, where part of the amount could be allocated to the advancement of educational projects and initiatives, improving the quality of education for the population.
In addition, the city can also allocate a significant portion of these resources to infrastructure projects, such as improving basic sanitation, providing drinking water and implementing environmental projects that aim to preserve the local ecosystem.
The importance of hydrocarbons and their derivatives in the global economy
The discovery of hydrocarbons in the Aram block also highlights the relevance of these compounds for the global economy.
Hydrocarbons are organic compounds formed by carbon and hydrogen atoms and are widely used as fuels and raw materials for various products.
Among the main hydrocarbons are methane (natural gas), propane, butane (cooking gas), gasoline and even ethanol (ethyl alcohol), which is used in the beverage industry as well as in cosmetics and perfumes.
These derivatives are essential for generating energy and producing countless products used in everyday life.
The relevance of pre-salt exploration and Petrobras' challenges
The pre-salt layer has proven to be one of the largest oil exploration fronts in Brazil, with immense potential for reserves that have not yet been fully mapped.
Petrobras, which is the main operator in these areas, has invested heavily in cutting-edge technologies to ensure the safety and efficiency of oil and natural gas exploration and production.
However, pre-salt exploration also involves technical and operational challenges, due to the depth and extreme pressure and temperature conditions found at these great depths.
Petrobras, in partnership with other companies in the sector, has stood out in overcoming these obstacles, ensuring the success of its operations.
Future prospects for the Santos Basin and the oil market
The Basin of Santos continues to be one of the largest oil and gas production hubs in Brazil, with Petrobras continually investing in new exploration and extraction technologies.
The discovery in the Aram block is further proof of the region's potential and the growth prospects for the national oil sector.
As exploration and production work progresses, Brazil can further consolidate itself as one of the world's leading oil producers, attracting new investments and generating jobs in the sector.
The expectation is that the exploration of the Aram block will be a source of wealth for the national economy, with the contribution of the resources collected being distributed to the municipalities affected by oil exploration.
The importance of managing resources from oil exploration
Finally, it is essential that the management of resources from royalties and special participations is carried out in a transparent and efficient manner.
Allocating these funds to priority areas, such as education and the environment, can help promote sustainable development and improve the quality of life of the local population, while contributing to the growth of the national economy.
