As a result of the 1st Cycle of the Permanent Offer, ANP forecasts a 40% increase in the number of independent operators in the Brazilian onshore. With the signing of the contracts, the ANP estimates that there will be 10 new independent operators producing onshore fields in the country, reaching 25 independent onshore operators, besides Petrobras.

There were 45 auctioned areas, between exploratory blocks and areas with marginal accumulations, being only 3 offshore blocks. This implies that 97% of the total investments guaranteed - corresponding to R $ 312 million - will be destined to the terrestrial blocks.

The public session of the 1st cycle of the Permanent Offer, held on September 10, 2019, besides representing a new and successful bidding model, which permanently offers a portfolio of blocks and areas with marginal accumulations to interested companies, also showed effective in meeting the guidelines set forth in CNPE Resolution No. 17/2017, in particular to encourage the exploration and production of oil and natural gas in onshore basins and to increase the participation of small and medium-sized companies.