Pre-Sal Petróleo publishes a federal oil auction notice scheduled for 05/30 at B3 in São Paulo 

Pre-Sal Petróleo, the company responsible for the commercialization of the Union's oil, published on Tuesday, 15, the announcement of the auction that will be held on the São Paulo stock exchange to conclude contracts for the purchase of the Union's oil. has been open for consultation since April 13 and received 118 comments. The auction will be held at B3 on May 30 at 5:00 p.m. 

The main modification of the notice concerns the lots to be sold. Initially, contracts would be sold to the Mero Development Area (Libra) and the Sapinhoá, Lula and Tartaruga Verde fields. The definitive edict excluded the Green Turtle area, since Pre-Sal Petróleo and Petrobras have not yet concluded definitive negotiations on volumes and holdings in the shared deposit.

About lots 

Mero Development Area 

Sharing agreement signed in December 2013. For the period of one year, the estimated Union production to be auctioned is 1.630 million barrels of oil. 

The area, which is 170 kilometers off the coast of the state of Rio de Janeiro,is part of the Santos Basin and is operated by a consortium formed by Petrobras (operator with 40%), Shell (20%), Total (20%), CNPC (10%) and CNOOC (10%).

Sapinhoá 

Sharing agreement signed on January 30, 2017. For the period of one year, the estimated Union production to be auctioned is 120 thousand barrels of oil. 

The area is part of the Santos Basin and is operated by a consortium formed by Petrobras (operator with 45%), Shell (30%) and Repsol (25%). The surplus in oil profit is 80%.

Lula 

Contract under concession. The Lula field is the main producer of pre-salt and is located in the Santos Basin. A Production Individualization Agreement (AIP) has been signed between the consortium and the Union since 2014. For a period of one year, the estimated Union production to be auctioned is 600,000 barrels of oil. 

The Lula field, owned by the BM-S-11 consortium, is operated by Petrobras (65%), Shell (25%) and Petrogal (10%).