Investor Presentaiton
CHAPTER 2 EXPLORATION AND PRODUCTION OF OIL AND NATURAL GAS IN ESPÍRITO SANTO
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Chapter 2
EXPLORATION
AND PRODUCTION
OF OIL AND
NATURAL GAS IN
ESPÍRITO SANTO
The physical configuration of the ex-
ploration and production of oil and
gas of the State of Espírito Santo,
both on land and at sea, consists of
69 fields in the production phase and
4 fields in the development stage. In
addition, the state has 34 exploratory
blocks divided into two sedimenta-
ry basins: part of the Campos basin
and the entire Espírito Santo basin.
In the confrontation with the Cam-
pos basin, the state has 11 fields
and 6 exploratory blocks. In the Es-
pírito Santo basin there are 62 fields,
7 in the offshore part and 55 in the
onshore part. Still in this last basin,
there are 28 exploratory blocks, 10
in the offshore part and 18 in the on-
shore part.
In the state, 19 oil companies op-
erate with fields in the production
stage or in the production develop-
ment stage. Among them, 7 foreign
companies (CNOOC Petroleum Bra-
sil, ExxonMobil Exploração Brasil,
ONGC Campos, QP Brasil, Repsol
Exploração Brasil, Seacrest and Shell
Brasil Petróleo) and 12 national com-
panies (3R Petroleum, BGM Petróleo
e Gás, Capixaba Energia, IBV Brasil,
Imetame, IPI, PRio, Petrobras, Petro-
mais, Petrosynergy, Ubuntu Engen-
haria and Vipetro Petróleo).
Petrobras has the concession of the
fields with the highest productivity
in the state, such as the fields that
make up Parque das Baleias.
2,341
wells have been drilled in
Espírito Santo since 1959
2.1. Drilling activity
in Espírito Santo
The drilling activity is carried out
during the exploratory phase, in
which the oil company aims to
discover oil and/or natural gas de-
posits. In this step, the acquisition
of seismic, gravimetric, magne-
tometric, geochemical data and
the drilling of the wells are carried
out. The mapping of the evolution
of well drilling is an indicator ca-
pable of evaluating the explorato-
ry level of the areas in confronta-
tion with Espírito Santo.
With the beginning of drilling activ-
ity in 1959, Espírito Santo has al-
ready recorded a total of 2,341 wells
drilled, divided between onshore
(75.7%) and offshore (24.3%). Be-
tween 2002 and 2022, 642 onshore
wells were drilled, with emphasis
on the fields of Fazenda Alegre, In-
hambu Jacutinga and Cancã. With
the exception of the Jacutinga field,
these areas make up the land fields
with the highest production in the
state. In 2021, 7 wells were drilled
on land, 5 wells drilled by BGM in the
Suindara field and in block ES-T-496,
and 2 wells were drilled by Imetame
in block EST-441 and in the Rio Ipi-
ranga field. In 2022, the oil company
BGM drilled 1 well, in block ES-T-496
and 2 wells in block ES-T-506.
642
onshore wells were drilled
in Espírito Santo between
2002 and 2022
424
offshore wells were drilled in
Espírito Santo between 2002
and 2022View entire presentation