Exploration & Production  

 

Offshore basin of Potiguar

BM-POT-16 contract

Consortium: Galp Energia (20.0%), Petrobras (Operator, 60.0%) and EnCanBrasil (20.0%)

Area: 1,535 km2

Location: Ultra-deep water

Water depth: 50 – 2,000 metres

Number of blocks: 2

BM-POT-17 contract

Consortium: Galp Energia (20.0%) and Petrobras (Operator, 80.0%)

Area: 2,302 km2

Location: Ultra-deep water

Water depth: 50 – 2,000 metres

Number of blocks: 3

The BM-POT-16 contract includes the blocks POT-M-663 and POT-M-760 and were acquired in the seventh bidding round for the award of exploration rights in Brazil in 2005.

The contract BM-POT-17 includes blocks POT-M-665, POT-M-853 and POT-M-855, which were acquired in the seventh bidding round for the award of exploration rights in Brazil in 2005.  

Onshore basin of Potiguar

Consortium: Galp Energia (50.0%) and Petrobras (50.0%)

Area: 670 km2

Location: Land

The blocks in the onshore basin of Potiguar were acquired in the sixth, seventh and tenth bidding rounds for the award of exploration rights in Brazil. The last bidding round took place at the end of 2008 with the acquisition of rights for an additional five blocks.

Pernambuco basin

Consortium: Galp Energia (20.0%) and Petrobras (Operator, 80.0%)

Area: 1,713 km²

Location: Ultra-deep water

Water depth: 1,000 - 2,000 metres

Number of blocks: 3

The three blocks in the ultra-deep waters of the Pernambuco/Paraíba basin were acquired in the ninth bidding license in Brazil in 2007. The total bonus paid for these three blocks reached 7.6 million Brazilian reais.

Offshore basin of Espírito Santo

Consortium: Galp Energia (20.0%) and Petrobras (Operator, 80.0%)

• Area: 722 km2
• Location: Ultra-deep water
• Water depth: 2.000 – 2,200 metres

Block ES-M-592, or contract ES-M-31, was awarded to the consortium in the seventh bidding round for exploratory rights in Brazil in 2005.

• Consortium: Galp Energia (15.0%), Petrobras (Operator, 47.5%) and Ecopetrol (37.5%)
• Area: 85 km²
• Location: Shallow waters
• Water depth: 100 - 400 metres

Block C-M-593, or contract BM-C-44, was awarded to the consortium in the ninth bidding round for the exploration rights in Brazil in 2007.

The bonus paid for this block was 15.3 million Brazilian reais. The consortium committed to a 3D seismic programme by 2012 and an exploration well by 2013.

Important discoveries in block BM-S-11 confirm the potential of the Santos basin

Galp Energia is present in four blocks in ultra-deep water in the Santos basin off the coast of Brazil, with areas ranging from 2,075 to 5,229 square kilometres and water depths between 1,600 and 2,500 metres. The exploration of these blocks is focused on the pre-salt – the accumulation of hydrocarbons older than the salt bedrock. Such areas are also called sub-salt, because they are located beneath a layer of salt that is approximately two kilometres thick.

Block BM-S-11 was awarded to the consortium in the second bidding round for oil exploratory rights in Brazil in 2000

Sergipe Alagoas basin

• Consortium: Galp Energia (50.0%, Operator) and Petrobras (50.0%)
• Area: 91 km2
• Location: Land
  
• Number of blocks: 2

The blocks in the onshore basin of Sergipe Alagoas were acquired in the seventh bidding round for the award of exploration rights in Brazil, which took place in 2005. 

Galp Energia is the operator of the two blocks in this basin.

In 2010, the Declaration of Commerciality of the Sati discovery was issued, and is now called the Dó-Ré-Mi field.

• Area: 5,718 Km2
• Location: Land
• Number of blocks: 3

The blocks in the onshore basin of Amazonas were acquired in the tenth bidding round for the award of exploration rights in Brazil, which took place at the end of 2008.

The total bonus paid for these blocks reached 27.5 million Brazilian reais. Exploration concessions are provided for seven years. During the concession period, several exploration wells will be drilled.

The Amazonas basin is a region where significant accumulations of natural gas have already been identified and is located in the neighbourhood of an important industrial and mining cluster.