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1,200 Oil Wells Will Be Drilled by 2023, According to ANP

Written by Paulo Nogueira

Published on 10/09/2019 at 10:55

Updated on 10/09/2019 at 13:08

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The Estimates That ANP Provides Are Based on Forecasts of Activities in Blocks and Fields and Production Volumes of the Wells and Fields Declared by the Companies.

According to recently released information from ANP, the drilling of 818 onshore wells and 393 offshore wells is expected between 2019 and 2023. The expectations are for the investment plans of operators with exploratory blocks and production fields contracted in Brazil. This year, Petrobras began production at P-67 (Lula) and P-76 and P-77 (Búzios) and P-68 (Berbigão) is expected.

If realized, subsidies are estimated at around R$ 3.2 billion in 2019 for exploration wells. If production projects are included, more than R$ 130 billion in drilling and completion is expected by 2023.

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1,200 Oil Wells Will Be Drilled by 2023, According to ANP

The Estimates That ANP Provides Are Based on Forecasts of Activities in Blocks and Fields and Production Volumes of the Wells and Fields Declared by the Companies.

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1,200 Oil Wells Will Be Drilled by 2023, According to ANP

The Estimates That ANP Provides Are Based on Forecasts of Activities in Blocks and Fields and Production Volumes of the Wells and Fields Declared by the Companies.

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.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

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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.

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