Rosneft ganha mais quatro anos de período exploratório e fará megacampanha no Amazonas

Rosneft Wins Four More Years of Exploration Period and Will Launch Mega Campaign in the Amazon

Written by Paulo Nogueira

Published on 18/11/2019 at 19:30

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The Company Resumed Operations in Amazonas in 2017, Having Drilled Four New Wells. The Explored Area Has Reserves of 57 Million Tons of Oil.

It has been extended for another four years by ANP, the second exploratory period of the seven blocks of oil that Rosfnet operates in the Solimões Basin, in Amazonas. The oil company is one of the largest in the world in the sector and has the Russian government as its largest shareholder. Constellation Also Starts Drilling Wells in Amazonas.

The agency’s board extended the exploration period, contingent on the Russian company’s commitment to an exploratory program that foresees, among firm and contingent commitments, 13 new wells, 1280 km of 2D seismic, and 120 km² of 3D seismic.

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The company’s commitment stands at six new exploratory wells, in addition to the reprocessing of all 2D seismic already collected in the area of the Discovery Assessment Plans (PAD) of wells 1-HRT-2-AM and 1-HRT-8-AM, which were unified, by January 31 of next year.

The company will also drill two new wells and acquire 298 km of 2D seismic in the area of the assessment plans for wells 1-HRT-9-AM and 1-HRT-5/10-AM.

The forecast for the completion of activities is set for September 24, 2022, when the Russian company will have to decide whether to drill up to four new wells and acquire an additional 338 km of 2D seismic data. If the company opts for the contingent work, the deadline will be extended to October 2026.

Rosfnet needs to drill two new wells and acquire 120 km² firm in the area of the assessment plans for wells 1-HRT-1-AM and 1-HRT-4-AM, which has also been unified, by September 2023. If it decides to expand its work in the region, it will have to collect an additional 90 km of 2D seismic data and drill one more exploratory well, as well as re-enter well 1-TAQ-1-AM by January 2026.

The agency also approved the unification of the assessment plans for wells 1-HRT-3-AM and 1-MR-1-AM, which now foresee a commitment of two new exploratory wells and 360 km of firm 2D seismic by September 2024.

If opting for contingent work in the region, the Russian company will have until 2026 to acquire an additional 194 km of 2D seismic and drill two more oil wells, as well as perform formation testing by December 2026.

In June, Rosneft signed a letter of intent with the government of Amazonas stating that operations in the Solimões Basin are priorities for the development of the state.

The company resumed drilling operations in the region in 2017, having drilled four new wells since then. The estimate is that the area explored by Rosneft has reserves of 57 million tons of oil.

The Russian oil company took over the operation of the assets after purchasing the stake of partner HRT (which became PetroRio) and is seeking ways to develop gas discoveries in the region.

Rosneft Wins Four More Years of Exploration Period and Will Launch Mega Campaign in the Amazon

The Company Resumed Operations in Amazonas in 2017, Having Drilled Four New Wells. The Explored Area Has Reserves of 57 Million Tons of Oil.

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

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