Posted by Earlier this month, bp started the licensing process to drill up to three wells on their Tupinambá block, located in the Santos basin. According to the available documents, they plan to drill at least one well in 2026, with the other two contingent on the results of the first one. Tupinambá was acquired on the 2nd Open Acreage Production Sharing Round for approximately 7 million BRL.
The company is also licensing multiple wells on the nearby Bumerangue block, where they plan to drill next year according to the process schedule. They recently concluded the drilling of a wildcat in Pau Brasil, which reported the presence of oil shows on their first well (as operators) in 11 years.