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 >>

Norway >>  8/5/2020 - Neptune Energy Norge AS, operator of production licence 882, has completed the drilling of wildcat well 34/4-15 S and appraisal well 34/4-15 A.

Norway >>  8/5/2020 - Spirit Energy Norway AS, operator of production licence 780, is in the process of concluding the drilling of wildcat well 16/1-33 S.

The we...


Norway >>  8/4/2020 - Neptune Energy and its partners announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the lar...
United Kingdom >>  8/4/2020 - AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce a positive update ...

Nigeria >>  8/3/2020 - ADM Energy PLC has successfully pre-qualified in the Nigerian Government's 2020 Marginal Field Bid Round ("Bid Round"). The Company is participating i...
Algeria >>  7/30/2020 - The national oil company SONATRACH and the international oil and gas company (OMV) signed a Memorandum of Understanding (MoU) to initiate discussions ...

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 |

More News

Related Links

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