𝗣𝗲𝘁𝗿𝗼𝗯𝗿𝗮𝘀 𝗥𝗲𝗾𝘂𝗲𝘀𝘁𝘀 𝗗𝗿𝗶𝗹𝗹𝗶𝗻𝗴 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗶𝗻 𝗣𝗲𝗹𝗼𝘁𝗮𝘀

After nearly 25 years without drilling activity in the 𝗣𝗲𝗹𝗼𝘁𝗮𝘀 𝗯𝗮𝘀𝗶𝗻, 𝗣𝗲𝘁𝗿𝗼𝗯𝗿𝗮𝘀 initiated the licensing process in early April to drill up to three wells in its southern portion. This represents a significant milestone for exploration in the basin and would mark the first well since 𝟭-𝗕𝗥𝗦𝗔-𝟲𝟭-𝗥𝗦𝗦 was drilled in early 2001.

These will also be the first ultra deep-water wells ever drilled in Pelotas, located in the blocks acquired by the state-owned company in the 4th Cycle of the Open Acreage Concession. Specifically, the activity is focused on blocks 𝗣-𝗠-𝟭𝟲𝟳𝟲 and 𝗣-𝗠-𝟭𝟴𝟰𝟬, where 𝗦𝗵𝗲𝗹𝗹 is a partner, and on block 𝗣-𝗠-𝟭𝟳𝟯𝟳, which also includes 𝗖𝗡𝗢𝗢𝗖 in the consortium.

The Pelotas Basin is gaining more interest as one of Brazil’s new frontiers, leading to increased investment in the region. This interest stems from the geological correlation between Brazil’s offshore sedimentary basins and Namibia’s Orange basin, which may have had similar development processes following the breakup of the Gondwana supercontinent.