Discovery is in the Pre-Salt of the Santos Basin in the Alto de Cabo Frio Oeste Block, Drilling Started with the Brava Star Rig from Constellation
Shell found indications of hydrocarbons in the Alto de Cabo Frio Oeste block in the pre-salt of the Santos Basin. The discovery occurred at well 1-SHEL-31-RJS, which began drilling a little over a month ago with the Brava Star rig from Constellation, in water depth of 1,720 meters. Colombian Ecopetrol buys 30% of Gato do Mato from Shell in the pre-salt.
In September of this year, the oil company received a license to drill up to three exploratory wells in the Alto de Cabo Frio Oeste block. The deadline for completing its first exploratory phase expires in January 2025.
-
Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.
-
Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
-
Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.
-
Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
At that time, the consortium formed by the Anglo-Dutch company (55%), the Chinese CNOOC (20%), and QPI Brasil (25%) from Qatar won the auction for the area by presenting an offer of 22.87% in excess oil to the Union, the minimum percentage established by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in the bidding notice. The group also paid R$ 350 million in signing bonuses for the block.
Including Shell’s discovery, the number of wells with indications of oil and/or natural gas in the country has reached 13 in 2019.
The list includes discoveries in two other production sharing areas: Peroba, operated by Petrobras, and Norte de Carcará (Equinor).
- The Mighty Shell is Hiring for Projects in Rio de Janeiro
- Petrobras Leases Fafens in Bahia and Sergipe to Unigel Group for R$ 177 Million
- OSM Starts Selection Process for Activities in FPSO and Platform in Rio de Janeiro
Besides the Alto de Cabo Frio Oeste block, in the Santos Basin, Shell also acquired other blocks as an operator in sharing rounds: South of Gato do Mato, where it has already drilled one well, and Saturno, where it is expected to start a campaign in 2020.
Expectations
The company’s expectations for Brazil are positive. In a conference with analysts on January 31 of this year, Shell CEO Ben van Beurden stated that he is willing to take on more risks in the country.
“Brazil is among the top three most important countries for us in terms of value and cash flow. We are extremely happy with our position,” Beurden said.
- Open Positions to Address Shutdowns of 30 and 60 Days, on This November 21
- CREA Issues Note of Reproach Against Distance Learning (EaD) Engineering Courses
- SBM Offshore Finalizes Purchase of Shares from Constellation in Five FPSOs

Seja o primeiro a reagir!