Page 13 - LatAmOil Week 06 2022

LatAmOil NEWS IN BRIEF LatAmOil

The average production of the cluster in 2021
INVESTMENT was 1,620 bpd of oil and condensate and 550,000
cubic metres per day of gas generating 810 bpd of
Petrobras receives rating NGLs (natural gas liquids).
Besides the fields and their production facil-
confirmation from Fitch ities, also included in the transaction is the Nat-
ural Gas Processing Unit (UPGN) of Alagoas,
Petrobras informs that the ratings agency Fitch whose processing capacity is 2 mcm per day,
reaffirmed its rating at BB-, with negative out- responsible for processing 100% of the cluster’s
look, following the Brazil’s rating. The stand- gas and for the generation of NGL.
alone rating was also reaffirmed at bbb, four About Origem Energia (formerly Petro+):
notches above the country. Origem is a Brazilian energy integration com-
The agency considers Petrobras’ ratings to be pany present in activities of exploration, produc- exploration successes.
linked to those of the sovereign given the Com- tion and commercialisation of oil and natural Six individual MC2D data packages are avail-
pany’s strategic importance to the country and gas from onshore fields and in thermoelectric able targeting areas relevant for the ongoing
government control. Fitch considers that the power generation projects. Currently, Origem Trinidad & Tobago round.
stand-alone rating reflects the Company’s strong operates nine concessions in the Espírito Santo, Deepwater Atlantic Area | MCS DWECMA
capital structure, production growth trend and Potiguar, Recôncavo and Tucano Sul Basins. The 2D GeoStreamer | 1,966 km of long-offset
declining debt levels. investment fund PSS Energy Fund, managed by broadband 2D.
Fitch also pointed out that it expects the Prisma Capital Ltda. is the controlling share- Patao High | MCS NCMA 4-5 2D | 2,352 km
Company to continue to post positive free cash holder of Origem. of high-resolution 2D seismic.
flows while continuing to invest to replenish its Petrobras, February 4 2022 Western Tobago Sub-Basin | MCS Tobago
reserves. Trough 2D GeoStreamer | 2,448 km of long-off-
Petrobras, February 8 2022 Petrobras strikes deal set broadband 2D.
Trinidad Regional Line | CaribeSPAN
Petrobras concludes sale on UFN III sale process | Approximately 5,700 km of high-quality,
long-offset, PSDM seismic data. Supplemented
of E&P assets in Alagoas Petrobras, following up on the release disclosed by 5,200 km of deeply imaged reprocessing on a
on February 21, 2020, informs that it has reached tight 4-km grid.
Petrobras, following up on the releases disclosed an agreement for the draft of the Sale and Pur- Darien Ridge | Trinidad Ultra Deep 4,900 km
on June 30, 2021, and July 5, 2021, informs that chase Agreement for the sale of 100% of its of reprocessed, vintage data located over the east
today it concluded the sale of its entire stake in Nitrogen Fertiliser Unit III (UFN-III), located of Trinidad.
seven concessions denominated Alagoas Clus- in the city of Três Lagoas, Mato Grosso do Sul, To set up a data room for Trinidad explora-
ter, located in the state of Alagoas, to the com- with the Russian group Acron. tion, or to access more details on the PGS and
pany Origem Energia (formerly Petro+). Petrobras clarifies that the signing of the sales ION 2D exploration collaboration in this region,
The operation was concluded with the pay- contract still depends on Petrobras governance contact PGS today, or talk to your PGS account
ment of $240mn to Petrobras. The amount procedures, after governmental approvals. manager.
received at closing is in addition to the $60mn Petrobras reinforces its commitment to the PGS, February 4 2022
paid to Petrobras when the sale contract was broad transparency of its divestment projects
signed, totaling $300mn. and the management of its portfolio and informs
This disclosure is in accordance with Petro- that the subsequent stages of the project will be PERFORMANCE
bras’ internal rules and with the provisions of the disclosed in accordance with the company’s
special procedure for the assignment of rights of Divestment System. PetroTal announces
exploration, development and production of oil, Petrobras, February 4 2022
natural gas and other fluid hydrocarbons, pro- 10-day production record
vided for in Decree 9,355/2018. PGS, ION offer joint data
This operation is aligned with the portfolio at Bretaña oilfield in Peru
management strategy and the improved alloca- package for 2021 Trinidad
tion of the company’s capital, aiming to maxim- PetroTal has announced the Company’s Bretaña
ise value and greater return to society. Petrobras Deepwater Open Bid Round field development well BN-10H, which com-
is increasingly concentrating its resources on menced production on January 30, 2022, has set
deep and ultradeepwater assets, where it has The Trinidad and Tobago Ministry of Energy a new internal daily production record with an
shown great competitive edge over the years, and Energy Industries announced a June 2, 2022, average stand-alone 10-day production level of
producing better quality oil and with lower submission deadline for offers in the Trinidad 10,050 bpd.
greenhouse gas emissions. Deepwater Open Bid Round. Six datasets cover Well 10H has produced an average of 10,050
About the Alagoas Cluster: The Alagoas the areas and evolving plays. bpd over the last ten days ending February 9,
Cluster comprises seven production conces- The integration of PGS and ION seis- 2022, with the latest reported rate at 10,122 bpd.
sions, six onshore (Anambé, Arapaçu, Cidade mic datasets in Trinidad and Tobago permits The well’s final cost was $11.5mn, 17% under
de São Miguel dos Campos, Furado, Pilar, and regional correlation of key data points across budget, and came onstream on schedule and has
São Miguel dos Campos) and the Paru field con- the area. The complex geology of the region is already paid out over 45% of its total well cost at
cession located in shallow waters, with a water becoming increasingly important to understand $90/bbl Brent. 10H represents the longest hori-
depth of 24 metres. as petroleum play types evolve with continued zontal well drilled to date in Peru.

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