Petrobras, Chevron offer block off Brazil

July 7, 2017
Petroleo Brasileiro SA (Petrobras) has filed initial disclosures for divestment of the southern Campos basin block encompassing the Maromba heavy-oil discovery offshore Brazil.

Petroleo Brasileiro SA (Petrobras) has filed initial disclosures for divestment of the southern Campos basin block encompassing the Maromba heavy-oil discovery offshore Brazil (OGJ Online, Dec. 29, 2006).

Petrobras operates the BC-20A Concession with a 70% interest. Chevron Brasil Petroleo Ltda. holds the other 30% stake, which is part of the offer.

Petrobras has a Maromba development plan based on subsea completions in the Maastrichtian reservoir producing into a leased floating production, storage, and offloading vessel with capacity of 60,000 b/d of 16° gravity oil. The field, about 100 km southeast of Cabo Frio, is in shallow water west of Papa-Terra oil field and south of Peregrino oil field.

Petrobras has identified four prospects on the concession: Lobo, Castor, Dingo, and Chinchila.