𝗦𝗵𝗲𝗹𝗹’𝘀 𝗚𝗮𝘁𝗼-𝗱𝗼-𝗠𝗮𝘁𝗼 𝗯𝗲𝗰𝗼𝗺𝗲𝘀 𝗢𝗿𝗰𝗮 𝗙𝗶𝗲𝗹𝗱

Two new fields in the 𝗦𝗮𝗻𝘁𝗼𝘀 𝗕𝗮𝘀𝗶𝗻 – 𝗢𝗿𝗰𝗮 𝗮𝗻𝗱 𝗦𝘂𝗹 𝗱𝗲 𝗢𝗿𝗰𝗮 – were recently declared commercial. These areas were originally part of blocks 𝗦-𝗠-𝟱𝟭𝟴, acquired during the 7th Concession Bid Round (2005), and Sul de Gato do Mato, acquired in the 2nd Production Sharing Bid Round (2017).

Both blocks were initially part of a consortium comprising companies 𝗦𝗵𝗲𝗹𝗹 (50%), 𝗘𝗰𝗼𝗽𝗲𝘁𝗿𝗼𝗹 (30%), and 𝗧𝗼𝘁𝗮𝗹𝗘𝗻𝗲𝗿𝗴𝗶𝗲𝘀 (20%). However, in recent months, an agreement was signed transferring 𝗧𝗼𝘁𝗮𝗹𝗘𝗻𝗲𝗿𝗴𝗶𝗲𝘀 ‘ stake to 𝗦𝗵𝗲𝗹𝗹. In exchange, 𝗦𝗵𝗲𝗹𝗹 transferred a 3% WI in the Lapa field to the French company.

The Gato do Mato project targets pre-salt carbonate reservoirs, with condensate and natural gas as the main fluids from the Barra Velha formation. The recoverable resources in the newly declared fields are estimated at approximately 370 million barrels, with plans to install an FPSO built by MODEC capable of producing up to 120,000 barrels of oil per day.

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