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Post by Blitz on Feb 6, 2023 19:17:35 GMT -5
Petrobras closer to starting exploratory activities on the Equatorial Margin 2/6/2023 brazilenergyinsight.com/2023/02/06/petrobras-closer-to-starting-exploratory-activities-on-the-equatorial-margin/Petrobras is closer to starting exploratory activities on the Equatorial Margin. The company declared that it should start drilling wells this quarter, as detailed in its 2023-2027 Strategic Plan. The company plans to invest US$ 2.9 billion over the next 5 years in the region, with the drilling of 16 wells. The so-called Equatorial Margin covers an area that goes from Amapá to Rio Grande do Norte. The first well in the region will be drilled in the Foz do Amazonas Basin. Petrobras also intends to drill two wells in the Pará-Maranhão Basin from 2026. “As we seek a new exploratory frontier, such as the Equatorial Margin, our objective is to add oil and gas reserves, in accordance with the company’s vision of the future, which will consequently stimulate the economic development of the entire region”, explained the Director of Exploratory Assets at Petrobrás, Rogério Soares Cunha. Petrobras also informed that it is concentrating efforts and mobilizing the necessary resources to carry out the so-called Pre-Operational Assessment (APO) – an emergency simulation that is required by IBAMA for granting the license to drill the Morpho well, which will be carried out 175 km from the coast of Amapá and in a water depth of 2880m. “The date for holding the APO will be defined shortly, together with IBAMA. After carrying out this activity, the issuance of the environmental license must be issued by the Environmental Agency, for the start of drilling the well, in the exploratory block FZA-M-59, in the region of Amapá Águas Profundas”, said the company in a statement.
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Post by bjspokanimal on Feb 6, 2023 20:30:06 GMT -5
If there's another 11 billion barrel Staebroek in that 9,000 feet of water there, then look out, because there'll be some unstacking as a result. I think interest there has been buttressed by the success further up the fairway in Guyana and Suriname.
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Post by Blitz on Feb 7, 2023 7:57:41 GMT -5
If there's another 11 billion barrel Staebroek in that 9,000 feet of water there, then look out, because there'll be some unstacking as a result. I think interest there has been buttressed by the success further up the fairway in Guyana and Suriname. Another exploration well going in the Staebroek area to try and determine just how much potential is there... Exxon to utilise Stena DrillMAX for Kokwari exploration well offshore Guyana By OilNOW - February 7, 2023 oilnow.gy/featured/exxon-to-utilise-stena-drillmax-for-kokwari-exploration-well-offshore-guyana/ ExxonMobil Guyana’s Kokwari-1 exploration well is expected to be drilled between February and July 2023, utilising the Stena DrillMAX. Guyana’s Maritime Administration Department (MARAD) in a notice to mariners said the well site is situated approximately 190 kilometres off the coast of Guyana and covers an area of 1 square kilometre. Map shows distance of Kokwari-1 exploration well from Guyana’s coastline. Kokwari-1 is part of ExxonMobil’s 10-well exploration plan for Guyana’s Stabroek Block in 2023.According to Stabroek Block co-venturer, Hess, the wells planned for 2023 will target a variety of prospects and play types, including lower-risk wells near existing discoveries and several penetrations that will test deeper intervals. Other planned wells include Lancetfish-1, Basher and Blackfin. ExxonMobil is operator of the block with a 45% stake, while Hess has 30% and CNOOC has 25%. More than 11 billion oil-equivalent barrels have been discovered at the block since 2015.
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