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This expense will disappear once the GTP of 30 mmcf (5.4 mcm) per day, he said.
project comes on stream, he said, since Exx- With these additional volumes of fuel, the
onMobil will supply gas for power generation. parties will be able to build a 250-MW TPP at
In turn, lower costs will allow power providers the Wales Industrial Site instead of a 150-MW
to sell their production at $0.035 per kWh, he facility as previously planned, he explained.
commented. Moreover, he added, they will be able to use
The vice-president also mentioned that gas for other purposes. In these quantities, he
ExxonMobil had recently agreed to make more explained, gas from Liza-1 will support a 250-
associated gas available for the GTP project. The MW generating facility as well as the produc-
US super-major is now ready to provide at least tion of urea, polymers, basalt fibre, and protein
50mn cubic feet (9mn cubic metres) per day of for use in the agriculture sector instead of other
gas, up from its original minimum commitment materials. ™

BRAZIL
ANP sees Brazilian drilling soaring in 2021

BRAZIL’S National Agency of Petroleum, Natu- Abelha attributed the expected rise to signs
ral Gas and Biofuels (ANP) has indicated that it that the coronavirus (COVID-19) pandemic
expects the number of exploration wells drilled was being contained and noted that companies
in the country to rise by nearly 200% this year. working in Brazil had taken steps to prevent out-
Marina Abelha, the agency’s superinten- breaks and infection at isolated offshore facilities
dent for exploration, said at a webinar earlier such as rigs and drillships. “What we’re seeing is
this week that 45 exploration wells, including that companies are cautious but optimistic,” she
19 offshore shafts and 26 onshore shafts, were was quoted as saying by S&P Global Platts.
due to be drilled in Brazil this year. This is up by
more than 180% on the 2020 total of 16, which Petrobras reports on Q1-2021 output
included five offshore wells and 11 onshore She was speaking around the same time that
wells, she noted. Brazil’s national oil company (NOC) Petrobras
The cost of drilling all these wells and carry- reported that it extracted 2.77mn barrels of oil
ing out associated seismic surveys is expected to equivalent per day (boepd) on average in the
reach $1.2bn, she added. Of this sum, $593mn first quarter of the year, down by about 5% on
will go to offshore drilling, she added, the same period of 2020.

The pre-salt zone lies within the Campos and Santos basins (Image: Petrobras)

P10 www. NEWSBASE .com Week 17 29•April•2021