Exploration & Production in Brazil

Galp is present in various projects in Brazil spanning from the development to production phases

Overview

Present since 1999 in Brazil, Galp is involved in various projects in the country in different phases of development and production.

Galp's offshore projects in Brazil include the stakes in the prolific Santos basin, namely in the Lula and Iracema project. The onshore projects are of a smaller scale, with Galp being the operator in some of them.

Location of projects in Brazil

Get to know the location of the E&P projects in Brazil.

Santos Basin

Along the Brazilian coast, Galp is present in three ultra-deep water areas since 2000, in the so-called Santos basin pre-salt cluster.

  • BM-S-11
  • Greater Carcará
  • BM-S-24

The discoveries made have positioned this basin as a world class province which holds the largest known accumulation of oil and natural gas in ultra-deep waters.

Block BM-S-11

Offshore

This block includes the projects:

  • Lula and Iracema;
  • Berbigão/Sururu/Atapu.

Get to know in more detail block BM-S-11.

Lula and Iracema

Consortium: Galp (10% through Petrogal Brasil), Petrobras (Operator, 65%), Shell (25%)

Area: 2,297 km²

Type: Ultra-deep waters

Water depth: 2,000 - 2,500 metres

2017
2016
2010
2009
2007
2006
2001
2000

The seventh FPSO and first replicant unit started production, marking the beginning of a new stage in the BM-S-11 project.

Six out of the twelve development areas considered in block BM-S-11 were already in production.

The Lula and Iracema projects started commercial production through the FPSO Cidade Angra dos Reis (#1), just four years after discovery.

The first development phase of the Lula and Iracema projects was characterised by the completion of the first of the five EWTs (Extended Well Tests), proving the excellent productivity of the wells (c. 30 kbpd) and the quality of the carbonate reservoirs..

The Tupi South well was drilled and the extension of the Tupi field was confirmed, having been proven the existence of light oil with a density of 28º API.

The consortium drilled the exploration well Tupi-1 and discovered the Tupi field, today known as Lula, one of the largest oil fields in Brazil’s pre-salt.

The exploratory activity in the area begun, with a 22,500 km² 3D seismic survey being carried out.

June

Block BM-S-11 was awarded to the consortium in the pre-salt’s second Round.

Berbigão/Sururu/Atapu

Consortium: Galp (10% through Petrogal Brasil), Petrobras (Operator, 42.5%), Shell (25%), TOTAL (22,5%)

Area: 2,297 km²

Type: Ultra-deep waters

Water depth: 2,000 - 2,500 metres

2018
2016
2014
2008

In the first quarter of 2018, the consortium initiated an EWT in the Sururu SW area, through the FPSO Cidade de S. Vincente.

The development plan for Atapu, Berbigão and Sururu was submitted.

Late 2016

Total and Petrobras signed an agreement which includes the sale of a 22.5% stake in the Iara area in block BM-S-11. The agreement provides that Petrobras remains the operator, with a 42.5% stake in the consortium.

The partners of block BM-S-11 carried out an EWT at Berbigão field, which proved a high productivity. The commerciality of the three accumulations referred to as Atapu, Berbigão and Sururu was declared.

The discovery of the Iara field was confirmed, with the drilling of the exploration well proving the existence of light oil with a density from 26 º to 30° API.

Greater Carcará

BM-S-8, Carcará

Consortium: Galp (14% through Petrogal Brasil), Statoil (Operator, 76%), Barra Energia (10%)

Area: 2,297 km²

Type: Ultra-deep waters

Water depth: 2,000 - 2,500 metres

North of Carcará

Consortium: Galp (20% through Petrogal Brasil), Statoil (Operator, 40%), ExxonMobil (40%)

Area: 313 km²

Type: Ultra-deep waters

Water depth: 2,000 - 2,500 metres

2017
2016
2015
2011
2008
2000

Carcará North area, to where the Carcará discovery extends, is adjacent to BM-S-8 concession.

In October, pursuant to the ANP's 2nd Production Sharing Bidding Round, Galp together with Statoil and ExxonMobil were awarded the Carcará North area.

The consortium offered a profit oil share of 67.12%, with additional commitments including the payment of a gross signature bonus of c.$930 m.

Additionally, in October, Galp, through Petrogal Brasil, has agreed with Statoil the acquisition of an additional 3% stake in BM-S-8.

Statoil acquired Petrobras’ operating stake of 66%. Activities in 2016 focused mainly on the analysis of the exploration and appraisal campaign carried out in the previous year, in order to further the knowledge of the reservoir’s characteristics and to better define the development plan for the area. The studies for defining the concept of the gas exportation system were continued.

Two wells were drilled and a Drill Stem Test (DST) was carried out, which showed excellent productivity levels of the reservoir, as well as its extension to north and west of the Carcará discovery.

A new exploration well was drilled, resulting in the Carcará discovery, with one of the largest oil columns in the pre-salt ever discovered.

The consortium made a discovery in the Bem-te-vi prospect. However, this accumulation was later abandoned, as it was considered to be non-commercial.

June 

Block BM-S-8 was awarded to the consortium in the pre-salt’s second Round.

Block BM-S-24

Consortium: Galp (20% through Petrogal Brasil), Petrobras (Operator, 80%)

Area: 1.394 km²

Type: Ultra-deep waters

Water depth: 2,000 - 2,500 metres

2021
2016
2015
2008
2001

Expected start of production of the unitised Sépia field.

Late 2016

Negotiation of the unitisation processes between the consortium of block BM-S-24 and Petrobras, regarding the Transfer-of-Rights area.

Júpiter

ANP approved the request for a five-year extension of the exploratory period for the Júpiter area. This extension will allow the partners of block BM-S-24 to continue the field’s technological development studies.

The studies are mainly focused on the reservoir, flow assurance, infrastructure for field development, CO2 transport, subsea separation and the different types of metallurgy to be used in the wells’ completions.

Sépia

The declaration of commerciality for the Sépia East area was submitted to ANP.

Júpiter

The discovery well was drilled in the Júpiter area, having been proven the existence of a large reserve of gas and condensates with a high CO2 content.

Sépia

During the exploratory activity of the Sépia field (Transfer-of-Rights) it was noted the extension of the Sépia field’s oil accumulation into the Sépia East area (block BM-S-24). 2015 The declaration of commerciality for the Sépia East area was submitted to ANP. 2020 Expected start of production of the unitised Sépia field.

Block BM-S-24 was awarded to the consortium in the pre-salt’s third round.

Potiguar Basin

Offshore

Contracts:

BM-POT-16;

BM-POT-17; 

BM-POT-M-764.

  BM-POT-16 Contract BM-POT-17 Contract BM-POT-M-764 Contract
Consortium: Galp (20% through Petrogal Brasil), Petrobras (Operator, 30%), BP (30%), IBV (20%) Galp (20% through Petrogal Brasil), Petrobras (Operator, 80%) Galp (20%), Petrobras (Operator, 40%), BP (40%)
Area: 1,535 km² 2,302 km² 767 km²
Type: Ultra-deep waters Ultra-deep waters Ultra-deep waters
Water depth:  50 - 2,000 metres 50 - 2,000 metres 2,000 - 3,000 metres
Number of blocks: 2 3 1
2015
2013
2005

The extension of the Pitu discovery was proven through the Pitu North well and the good permeability and porosity conditions of the well were confirmed.

The Araraúna well was drilled in BM-POT-16 and traces of oil were detected, proving the presence of hydrocarbons.

The Tango discovery was made in BM-POT-17, confirming the presence of a play in the basin. This discovery was, however, considered to be non-commercial. The Pitu well was also drilled, where good reservoir evidence was found through the samples collected.

Acquisition of block POT-M-764 in the 11th bidding round in Brazil.

Acquisition of BM-POT-16 and BM-POT-17 contracts in the seventh bidding round of oil exploration rights in Brazil.

Pernambuco Basin

Offshore

Consortium: Galp (20% through Petrogal Brasil), Petrobras (Operator, 80%)

Area: 1,713 km²

Type: Ultra-deep waters

Water depth: 1,000 - 2,000 metres

Number of blocks: 2

2016
2007

The consortium submitted to ANP a request for the extension of the exploratory period until 2021.

Acquisition of the two blocks in the ninth round of bidding in Brazil.

Barreirinhas Basin

Offshore

Consortium: Galp (10%), Shell (Operator, 50%), Petrobras (50%)

Area: 2,499 km²

Type: Deep water and shallow water

Number of blocks: 4

2016
2013

The consortium concluded the acquisition of 3D seismic for 1,730 km2 and continues with the interpretation of the acquired seismic, with the final processing results expected to be obtained in 2017.

ANP approved the extension of the exploration license until 2019.

Acquisition of four blocks in the Barreirinhas basin in the 11th round of bidding, three of which in deep waters (BAR-M-300, BAR-M-342 and BAR-M-344) and one in shallow waters (BAR-M-388).

Sergipe-Alagoas Basins

Onshore

Consortium: Galp (Operator, 50% through Petrogal Brasil), Petrobras (50%)

Area: 91 km²

Type: Onshore

Number of blocks: 2

2012
2005

The Declaration of Commerciality for the Sati discovery (which was renamed as Dó-Ré-Mi field) was issued.

The Rabo Branco field was discovered with the drilling of the 1-GALP-11-SE and 1-GALP-12-SE wells in the exploratory blocks SEAL-T-412 (south part) and SEAL-T-429 respectively, which allowed to identify oil accumulations.

These wells were concluded in 2007 and the Declaration of Commerciality was made on December 28, 2012.

The field is currently in production.

Acquisition of the onshore blocks in the seventh round of bidding.

Potiguar Basin

Onshore

Consortium: Galp (Operator, 50% through Petrogal Brasil), Petrobras (65%)

Area: 670 km²

Type: Onshore

2012
2009
2007
2004

Entry into production of the Sanhaçu field.

The Sanhaçu field was declared commercial.

The Sanhaçu accumulation was discovered in December, with the drilling of the well in block POT-T-479

Acquisition of blocks POT-T-480, POT-T-479 and POT-T-436 in the sixth round of bidding in Brazil.