The Brazilian pre-salt has become cheap and one of the most important in the world

Technological advances in recent years have reduced the cost of production of the Brazilian pre-salt layer, now it is coveted all over the planet

The subject of the moment today is the “pre-salt” in the main communication vehicles in Brazil and the world and today, the main communication vehicles finally record excellent news: Twelve years after its discovery, the Brazilian PRE-SALT has become the most attractive oil frontier in the world. The high exploration costs at a depth of around 7.000 meters seemed to be the biggest challenge.

Producing in the pre-salt layer is now viable, even if the price of a barrel drops to US$35

Over the years, specialists already guarantee that PRE-SALT production is economically viable even if the price of a barrel drops to US$ 35. Today the price is around US$ 78.
Claudio Makarovsky, president of Abespetro, guarantees that the “key word is technology”, which has evolved a lot over recent years. “The cost to drill a well has dropped from $100 million to $40 million – he says.

Makarovsky adds that “factories that received one order per year are ordering 100 compressors and 40 turbines”. Obviously, Petrobras will be the biggest beneficiary of this vertiginous drop in costs, as all it needed in the PRE-SALT was “to produce more, spending less”, which the experts in this article guarantee is already happening.

Report on the pre-salt

The pre-salt and post-salt auctions in Brazil make the world's largest oil operators fight for the best reserves. Now that recent technological advances have lowered production costs by almost 300%