Gulf Oil and Gas accountACCOUNT

6th Sharing Round Will Offer Five Blocks on the Pre-Salt Polygon

Source: www.gulfoilandgas.com 11/7/2019, Location: South America

On November 7, ANP will hold the 6th Round of Production Sharing Bids, in which it will offer the blocks called Aram, Boomerang, Southern Cross, Southwest Sagittarius, in the Santos Basin, and North Brava, in the Basin. of Campos. In all, there are 17 qualified companies, the largest number ever registered for bids in the sharing regime in Brazil.

These blocks were selected in high potential basins, with the purpose of expanding the Brazilian reserves and the production of oil and natural gas, increasing the knowledge about the Pre-Salt Polygon and providing the rational use of energy resources.

In the sharing rounds, the signing bonuses (amount paid in cash by the companies that buy blocks) are fixed and the excess oil for the Union is the only criterion to define the winning bidder (the one that offers the highest percentage).

Oil surplus is the portion of oil and / or natural gas production to be distributed between the Union and the contractor, according to criteria defined in the contract and the percentage offered in the round. This is the total volume of production minus the royalties due and the cost in oil (part of the production corresponding to the company's costs and investments in field operation).

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects

Exploration News in Brazil >>

Australia >>  10/26/2020 - HIGHLIGHTS
West Erregulla Field
• Warrego and Alcoa of Australia Limited executed a long term1 binding Gas Sales Agreement (GSA) for the s...

United Kingdom >>  10/22/2020 - The Directors of 88 Energy Limited provide the following report for the quarter ended 30 September 2020.

Highlights

...


Australia >>  10/21/2020 - Brookside Energy Limited is pleased to provide the following update on the performance of its STACK Play non-operated Working Interest wells (Non-Oper...
Norway >>  10/20/2020 - Follow the presentation of the report live on npd.no on 27 October, at 10:00.

Among other things, the report presents an up-to-date estimat...


Mexico >>  10/15/2020 - In keeping with the Trump Administration’s goal of strengthening America’s energy independence, the Bureau of Ocean Energy Management (BOEM) Acting Di...
Trinidad and Tobago >>  10/14/2020 - Touchstone Exploration has completed drilling the Chinook-1 exploration well on the Ortoire exploration block, onshore in the Republic of Trinidad and...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.