OTC Houston 2021

Production on a shared basis by 2030 should account for 56% of the excess volumes from the transfer of rights

T&B Petroleum/Press Office
18/08/2021 20:54
Production on a shared basis by 2030 should account for 56% of the excess volumes from the transfer of rights Imagem: Divulgation Visualizações: 882 (0) (0) (0) (0)

An unprecedented PPSA study presented in Houston estimates that total production under the sharing regime will amount to more than 7 billion barrels over the decade

 

The four contracts for surplus volumes of the Transfer of Rights - Búzios and Itapu (already signed) and Sépia and Atapu (which will go up for auction next December) - should account for 56% of production under the sharing regime by 2030, producing 4 billion barrels of oil in the decade. In total, the estimated production for the sharing regime in the period, considering another 15 contracts, will add up to more than 7 billion barrels. The projection is from an unprecedented study by Pre-Salt Petróleo (PPSA), presented this Wednesday (18) by the company's CEO, Eduardo Gerk (photo), to foreign investors during an event promoted by the Brazil-Texas Chamber of Commerce in Houston, in parallel with the Offshore Technology Conference (OTC).

 

Over the decade, the Union will have the right to production in excess of 900 million barrels of oil, 43% of which will refer to the four contracts. The sale of the Union's portion will be carried out by PPSA.

 

Gerk also gave good news to the supplier industry present at the meeting. According to him, the study estimated investments of US$ 164 billion in 19 contracts until 2030. Half of the resources should be carried out by the consortia of Búzios, Itapu, Sépia and Atapu, which will invest in wells (44%), subsea equipment (30%) and FPSOs (26%).

Most Read Today
see see
BOGE2026
Smart Control Gains Prominence at Bahia Oil & Gas Energy...
09/06/26
BOGE2026
Bahia Oil & Gas Energy Concludes Historic Edition and Se...
06/06/26
Branded Content
Boaventura Energy Complex drives Brazil’s energy future ...
06/06/26
BOGE2026
Mayekawa do Brasil present at Bahia Oil & Gas Energy
06/06/26
BOGE2026
Benel Marks Presence at Bahia Oil & Gas Energy and Annou...
02/06/26
BOGE2026
Bahiagás Highlights Bahia’s Leading Role in the Energy T...
30/05/26
Investments
Petrobras Announces Investments of More Than R$ 70 Billi...
30/05/26
BOGE2026
Oil States Reinforces Commitment to Innovation and Opera...
29/05/26
BOGE2026
PetroReconcavo Discusses the Future of Oil and Gas at Ba...
29/05/26
BOGE2026
Lumina Group Makes Its Presence Felt at Bahia Oil & Gas ...
29/05/26
BOGE2026
Bahia Brings Together Industry, Innovation, and Business...
28/05/26
Royalties
Amounts related to March production for concession and t...
28/05/26
BOGE2026
Oil & Gas Expansion Boosts Demand for Industrial Waste T...
28/05/26
BOGE2026
BRAVA Energia Marks Presence at Bahia Oil & Gas Energy 2...
27/05/26
IBP
Brazil Can Expand Its Prominence as a Global Energy Supp...
27/05/26
Investments
Petrobras and Transpetro announce R$ 2.8 billion in inve...
27/05/26
International Company News
Jumbo orders a new class of versatile heavy lift vessels
27/05/26
BOGE2026
The Largest Oil and Gas Event in the North and Northeast...
25/05/26
BOGE2026
With production on the rise, independent players lead di...
25/05/26
ANP
ANP Workshop Debates Boosting Oil and Gas Exploration in...
25/05/26
BOGE2026
ANP participates in Bahia Oil & Gas Energy 2026, in Salvador
25/05/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.