Yesterday (March 19th), Equinor received the green light from 𝗜𝗕𝗔𝗠𝗔 for the 𝗥𝗮𝗶𝗮 𝗣𝗿𝗼𝗷𝗲𝗰𝘁, enabling the drilling of three wells – 𝗣𝗱𝗔-𝗣𝟭, 𝗣𝗱𝗔-𝗣𝟭𝟰, and 𝗣𝗱𝗔-𝗣𝟰 –, all located in the 𝗥𝗮𝗶𝗮 𝗠𝗮𝗻𝘁𝗮 𝗳𝗶𝗲𝗹𝗱 (Pão de Açúcar prospect) under an updated license. The previous license included the wells Seat 3, Gávea 3, and Pão de Açúcar A3, which also covered the other prospects in the Raia Pintada field.
Equinor is expected to submit an updated drilling schedule within 15 days, with operations to be carried out by the 𝗩𝗮𝗹𝗮𝗿𝗶𝘀 𝗗𝗦-𝟭𝟳 rig.
The Raia Project is operated by Equinor, which holds a 35% stake, alongside Repsol Sinopec (35%) and Petrobras (30%). According to the company’s website, the fields contain recoverable volumes of natural gas and oil/condensate exceeding 1 billion barrels of oil equivalent, with first production expected in 2028.