Shell Oil Company Begins Offshore Drilling in Saturn Block, Santos Basin
Despite the not-so-favorable scenario for the oil and gas industry, Shell has been able to advance by drilling its first well in the Saturn block, in the Santos Basin.
Check Out Other News:
- Solar Coca-Cola has Job Openings for Maranhão, Bahia, and Mato Grosso; Applications Today (14) and Tomorrow (15)
- Petrobras Will Pay 472 Million Dollars to Partners in Lula, Atapu, and Sépia Fields in RJ
- Maintenance Electrician, Safety Engineer, Maintenance Technician, and More Are Needed for Positions in Minas Gerais, Piauí, and Bahia, on This Day 14
The drilling of the well in the area began in recent days, using the drillship Brava Star, from Constellation. The water depth, or drilling depth, was 2,069 meters.
-
Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?
-
Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.
-
Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening
-
When drilling an artesian well, a farmer wanted water but found oil: ANP confirms that the dark liquid found by a farmer on a site in Ceará is crude oil.
The Saturn block was acquired by Shell in the 5th Sharing Round at the end of 2018. The company is the operator of the asset with a 50% stake, in partnership with Chevron, which holds the other 50% of the asset. Saturn was the area, along with Titan, with the highest signature bonus in the auction, valued at R$ 3.125 billion.
The ongoing global crisis caused by the coronavirus and the drop in oil prices are directly impacting the drilling of new oil and gas wells. In the United States, for example, the number of active oil rigs is the lowest in the country’s history over the past 80 years.

Be the first to react!