Permanent Offer | Sharing Rounds

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The new Sharing POR targets the presalt and includes blocks that were to be offered in production sharing rounds that were not held, as well as presalt blocks from previous rounds that were not bid on. 

The Santos and Campos basins hold the majority of Brazil’s presalt oil reserves. These complex reservoirs offer the potential for huge rewards, but they require deep pockets and considerable expertise to produce. Since 2016, major oil companies have been invited to take a larger share in the Santos and Campos basins, although Petrobras has preferential bidding rights that guarantee it an operating stake of at least 30%.

In these prolific areas, PGS has over 70 000 sq. km of 3D seismic in its data library. This includes the monumental Santos Vision 3D, with almost 50 000 sq. km of rejuvenated data benefiting from the latest imaging techniques. Santos Vision data was used to nominate the new Amazonita, Safira Oeste, and Safira Leste blocks.

Data from our first Campos Deepwater GeoStreamer X survey provides over 17 000 sq. km of dual azimuth insights inside and outside the presalt polygon. Blocks covered by this survey, Citrino, Larimar, and Onix, have been nominated by PGS and were recently certified for the upcoming Sharing round.

The Campos Deepwater project has been extended to the north with Campos Deepwater Vision, a modern broadband reprocessing using our latest VMB and imaging technology that covers the recently certified Larimar block.

Under the third Permanent Offer Sharing Round, Brazilian authorities are currently offering six areas.

PGS 3D data coverage in the presalt polygon and blocks in the Permanent Offer Sharing Round

Contact a PGS expert

Please contact a member of our Brazil team for more information.