To Encourage Onshore Field Exploration, Government Will Offer Large-Scale Regional Blocks

Written by Flavia Marinho

Published on 17/12/2020 at 18:31

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It Is Understood That The Offer Of Large Areas, Which Are Called “Regional Blocks” Will Increase Attractiveness Due To The Greater Volume Of Available Data

Based on the Revitalization Program of the Oil and Natural Gas Exploration and Production Activity in Land Areas created in 2017, during Michel Temer’s government, and continued in Reate 2020, the government aims to offer large onshore blocks, up to 36,000 km², and reduce costs and entry barriers for the contracting of exploration areas.

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The guidelines proposed by the Ministry of Mines and Energy and the studies by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP) entered into public consultation for 30 days.

It Is Understood That The Offer Of Large Areas, Which Are Called “Regional Blocks” Will Increase Attractiveness Due To The Greater Volume Of Available Data, Possibility Of Multiple Discoveries, And The Ease Of Contracting, Compared To The Investment Required To Acquire Several Smaller Onshore Blocks.

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To Encourage Onshore Field Exploration, Government Will Offer Large-Scale Regional Blocks

It Is Understood That The Offer Of Large Areas, Which Are Called “Regional Blocks” Will Increase Attractiveness Due To The Greater Volume Of Available Data

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To Encourage Onshore Field Exploration, Government Will Offer Large-Scale Regional Blocks

It Is Understood That The Offer Of Large Areas, Which Are Called “Regional Blocks” Will Increase Attractiveness Due To The Greater Volume Of Available Data

Read Also

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

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In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

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