Petrobras finds more oil in the Equatorial Margin and bets on the potential of Amapá – News of Brazil
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Cleber Barbosa
of the Editor
Petrobras released a statement to the market about the discovery of “accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, located close to the border between the states of Ceará and Rio Grande do Norte”.
According to the document presented by the oil company, the fuel would be at a depth of 2,196 meters, on the Brazilian Equatorial Margin. This is the second discovery in the Potiguar Basin this year and was preceded by the confirmation of the presence of hydrocarbons in the Pitu Oeste Well, located around 24 km from Anhangá, in January this year.
At the time, the company communicated to the ANP (National Petroleum Agency) that despite the discovery, it was necessary to advance exploratory research to assess the economic viability of the well. The oil company emphasizes that the discoveries still require additional assessments and highlights that the state-owned company is the operator of both concessions with 100% participation.
The oil company emphasizes that the discoveries still require additional assessments and highlights that the state-owned company is the operator of both concessions with 100% participation.
The company announces that it will continue exploration activities in the location to assess the quality of the reservoirs, the characteristics of the oil and the technical-commercial viability of the accumulation.
Part of the region is still under dispute for authorization from Ibama (Brazilian Institute of the Environment), Therefore, the company highlighted in the note that no incidents occurred on the farms. “The exploratory success in Guyana and Suriname corroborates the importance of Petrobras continuing its campaign in the Brazilian Equatorial Margin Basins, as foreseen in its Strategic Plan 2024-2028”, argues the company.
The oil company’s expectation is to invest US$7.5 billion in exploration by 2028, with US$3.1 billion in the Equatorial Margin, which runs from Amapá to Rio Grande do Norte. The company expects to drill 50 new exploratory wells over the next four years, 16 of which in the Equatorial Margin region, which comprises the entire coastal strip in the north of the country.
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