TotalEnergies Announces New Hydrocarbon Discovery in the Pre-Salt Layer of the Santos Basin

Written by Ruth Rodrigues

Published on 19/10/2023 at 18:11

Foto: Cees Bustraan

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With This Recent Discovery of Hydrocarbons in the Santos Basin, TotalEnergies Continues to Demonstrate Its Commitment to Exploring Brazil’s Pre-Salt.

The French energy giant, TotalEnergies, continues its successful quest for resources in the pre-salt of the Santos Basin, with the confirmation of its second hydrocarbon discovery in the region. According to information from Petronotícias, the company notified the National Agency of Petroleum (ANP) about the identification of signs of natural gas in well 1-TOT-3-RJS, located in block C-M-541, which is at a depth of 3,022 meters below sea level.

French Oil Company Reveals Second Natural Gas Find in Block C-M-541

This discovery marks another significant step for TotalEnergies, which had already found oil and gas in 2022, during drilling operations in well 1-TOT-2-RJS, also known as Marolo-1, at a depth of 3,000 meters in the same area.

Exploration work in the Santos Basin is being conducted using the drillship Valaris Renaissance, which plays a key role in the search and identification of resources in the region.

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TotalEnergies has the authorization to drill up to two exploratory wells, named Marolo and Ubaia, in addition to three contingent wells, all in block C-M-541.

This block was acquired by TotalEnergies during the 16th Bidding Round held by the ANP in 2019.

It drew attention for being the asset with the highest signing bonus in the auction, amounting to R$ 4.029 billion.

TotalEnergies acts as the operator of the area, holding a 40% stake, in partnership with Qatar Petroleum (40%) and Petronas (20%).

Currently, C-M-541 is the only exploratory asset of the French company in Brazil, demonstrating its ongoing commitment to exploring resources in the country and seeking opportunities in the promising pre-salt of the Santos Basin.

Get to Know TotalEnergies

It is one of the world’s leading multinational energy companies, headquartered in France.

TotalEnergies’ activities span the globe, with operations in more than 130 countries.

The company is a major player in the exploration and production of oil and gas, both in deep waters and on land. In addition, it is an important player in the refining and distribution of petroleum products industry.

TotalEnergies Announces New Hydrocarbon Discovery in the Pre-Salt Layer of the Santos Basin

With This Recent Discovery of Hydrocarbons in the Santos Basin, TotalEnergies Continues to Demonstrate Its Commitment to Exploring Brazil’s Pre-Salt.

French Oil Company Reveals Second Natural Gas Find in Block C-M-541

Get to Know TotalEnergies

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TotalEnergies Announces New Hydrocarbon Discovery in the Pre-Salt Layer of the Santos Basin

With This Recent Discovery of Hydrocarbons in the Santos Basin, TotalEnergies Continues to Demonstrate Its Commitment to Exploring Brazil’s Pre-Salt.

French Oil Company Reveals Second Natural Gas Find in Block C-M-541

Get to Know TotalEnergies

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