Page 11 - LatAmOil Week 44 2022

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Petrobras, QatarEnergy report

sizeable oil find at Sépia field

BRAZIL’S national oil company (NOC) Petro- Petroleum, Natural Gas and Biofuels (ANP).
bras and its partner QatarEnergy reported on Equity in the Sépia co-participation pro-
October 31 that they had discovered crude oil ject is split between Petrobras, the operator,
in 4-BRSA-1386D-RJS, a well drilled at the Sépia with about 52%; TotalEnergies (France), with
field in the Santos basin. 19.2%; QatarEnergy, with 14.4%; and a subsid-
QatarEnergy said in a statement that the well iary of Petronas (Malaysia), with 14.4%. Pre Sal
had been drilled in 2,000-metre-deep water Petróleo SA (PPSA) is acting as manager of the
off the coast of Rio de Janeiro State. Petrobras, field, which is producing about 170,000 barrels
meanwhile, said in a separate statement that per day (bpd) of oil from its shared section.
4-BRSA-1386D-RJS had been sunk at a site Saad Sherida Al-Kaabi, who serves QatarEn-
250 km south of the city of Rio de Janeiro in ergy’s president and CEO as well as Qatar’s Min-
2,197-metre-deep water. ister of State for Energy Affairs, hailed the find
The partners have not yet revealed the size of at Sépia. “We are encouraged by this discovery,
the discovery at Sépia, but they have indicated which comes as a result of strategic co-opera-
that it is significant. QatarEnergy said: “The dis- tion with reputable partners in our effort to
covery is significant in that the well penetrated a unlock more global energy resources as part of
net oil column, which is one of the thickest ever our comprehensive growth strategy,” he said.
encountered in Brazil. Partners will continue “On this occasion, I would like to congratulate
operations to characterise the conditions of the our partners, and l look forward to more future
discovered reservoirs and verify the extent of the achievements.” ™
discovery by conducting well tests.”
Similarly, Petrobras said: “The oil-bearing
interval was verified by means of electrical logs
and fluid samples, which will be further char-
acterised by laboratory analyses. The net oil
column is one of the thickest ever recorded in
Brazil. The consortium will continue operations
to characterise the conditions of the reservoirs
found and verify the extent of the discovery.”
Both companies noted that the discovery
had been made within the co-participation
section of the Sépia field. Petrobras pointed out
that it had finalised the contract for the Sépia
Transfer of Rights (ToR) Surplus consortium
about three months ago. QatarEnergy, for its
part, stated that it had acquired its own working
interest in the field in December 2021, during
the second Transfer-of-Rights Surplus Bidding
Round staged by Brazil’s National Agency for The Sépia oilfield lies in the pre-salt zone of the Santos basin (Image: Petrobras)

URUGUAY
ANCAP imports jet fuel amid labour dispute

URUGUAY’S national oil company (NOC) weekend after members of Federación ANCAP
ANCAP said on October 31 that it had begun (FANCAP), a labour union representing
importing jet fuel from neighbouring Argentina ANCAP employees, publicly declared a work
in order to ensure supplies to the international stoppage.
airports in Montevideo and Punta del Este FANCAP said on October 29, the first day of
despite a workers’ strike. the strike, that the strike would be “indefinite”
Questions about jet fuel supplies arose at the in nature.

Week 44 02•November•2022 www. NEWSBASE .com P11