Portuguese 
English 
Spanish 
2 min of reading 
Mature Fields Are the Main Attractions of the Permanent Offering Auction That Ended Yesterday and Will Make the Northeast a Strong Generator of Income and Jobs
At the end of the first auction of the permanent offering, ANP considered the public session a great success, as reflected in the closure of 45 contracts, including 30 for new exploration blocks and 12 for fields with marginal accumulations on land, in the Espírito Santo basins, and in the Northeast in Parnaíba, Potiguar, Recôncavo, and Sergipe-Alagoas.
As Click Petroleum and Gas announced yesterday (09/10), the consortium ExxonMobil, Enauta, and Murphy acquired three deep-water blocks in Sergipe.
But it was the onshore fields that were the real “stars of the show,” negotiating 12 of the 14 areas offered. The fact is even more relevant considering that seven of the twelve offered areas are marginal accumulations.
Mature fields were highly contested, and everything suggests that the revitalization market is coming on strong in the coming months, largely due to the government’s relaunch of Reate 2020 (Program for the Revitalization of Exploration and Production Activities of Oil and Natural Gas in Terrestrial Areas).
-
The Planetary Health Check confirmed what scientists feared: the window to reverse the seven overshot planetary systems is five years before it closes, and none of them are improving, while the models that were supposed to predict what comes next admit that they never simulated a planet in this state.
-
Cuba is without fuel, without energy, and without a way out, but a 21-year-old young man set up a homemade solar panel factory that has already equipped more than 15 electric tricycles, increased the vehicles’ range, and is saving the livelihood of workers who no longer had a way to get around the island’s streets.
-
Few remember, but the 2024 drought in the Amazon already affects transport, energy, and agriculture. Rivers are reaching critical levels, smoke covers cities, and the scenario triggers a global alert about climate change.
-
São Paulo Government launches fire prevention program on highways to protect rural areas, agricultural and livestock production, and the environment
The New Operators
The twelve areas acquired will be operated by the companies Brasil Refinarias (2 fields), Creative Energy (2), Great Energy (1), Imetame (1), Perícia (1), Petro Global (4), and Petro Victory (1).
According to ANP’s General Director, Décio Oddone, the contracts signify the return of investments from small operators, as was the intention of the Reate 2020 program.
These are small projects with initial investments totaling R$ 10.5 million, marking the resumption of the onshore sector not only in the Northeast but throughout Brazil.
“The Northeast is the big winner of this bidding process, attracting investments and generating income in places different from what we have seen in the last auctions,” stated the ANP director.
However, as not all news is good, the exploratory blocks in shallow waters of the Campos Basin did not attract the interest of operators, confirming that the time for revitalizing mature onshore fields has truly arrived.
Be the first to react!