Espirito Santo Oil & Natural Gas Yearbook 2021 slide image

Espirito Santo Oil & Natural Gas Yearbook 2021

34 ESPÍRITO SANTO OIL & NATURAL GAS YEARBOOK | 2021 CHAPTER 2| EXPLORATION AND PRODUCTION OF OIL IN ESPÍRITO SANTO Chart 18 Natural Gas Production by location (thousands of m³) 5,000 4,500 4,000 3,600 3,000 2,500 2,000 1,500 1,000 500 0 2010 2011 2012 2013 2014 2015 2016 2017 Parque das Baleias Campos in the Espirito Santo Basin 2018 2019 Parque das Conchas 2020 Source: ANP | Prepared by: Ideies/Findes 3.3 million barrels of onshore oil were produced in Espírito Santo in 2020 27.0 million m³ of onshore natural gas were produced in Espírito. Santo in 2020 2.5.2. Onshore Oil and Gas Production Offshore oil production in Espírito Santo in 2020 was 3.3 million barrels, 6.2% lower than the volume recorded in the previous year (Chart 19). The State has reached the lowest level of onshore oil production since the be- ginning of the century. The Produc- tion historic peak was between 2002 and 2003 when 9.0 and 9.2 million barrels, respectively. After this peri- od, production reduced, attaining in 2020 the same production levels of the 1990s, when the exploratory ac- tivities of the 2000s had not yet been intensified. Onshore natural gas production in Espírito Santo, in 2020, was 27.0 mil- lion m³, 15.7% lower than in the pre- Ivious year (chart 20). The State has reached the lowest level of onshore natural gas production since the be- reached its historic peak between 2004 and 2005 when 473.7 and 474.0 million m³ of natural gas, re- spectively. The explanation for this trend is re- lated to Petrobras' little desire for onshore production, and the little stimulus provided by ANP through regulatory measures during the ear- ly 2000s. Despite these results, it is expected that Espírito Santo's on- 95.0% of onshore oil pro- duction in Espírito Santo is concentrated in ten fields: 95.0% of onshore oil production in Espírito Santo is concentrated in ten producing fields: Fazenda Alegre (48.6%), Cancã (15.8%), In- hambu (8.0%), Fazenda São Ra- fael (7.7%), Fazenda Santa Luzia (6.8%), Fazenda São Jorge (3.2%), Rio Preto Oeste (1.5%), São Mateus (1.2%), Fazenda Queimadas (1.1%), and Lagoa Parda (1.1%). Except for 48.6% the Lagoa Parda field under con- Fazenda Alegre Cancã 15.8% Inhambu 8.0% Fazenda São Rafael: 7.7% Fazenda Santa Luzia: 6.8% Fazenda São Jorge: 3.2% Rio Preto Oeste: 1.5% São Mateus: 1.2% Fazenda Queimadas: 1.1% Lagoa Parda: 1.1% cession to the Imetame group, all other fields were granted under concession to Petrobras. Onshore natural gas production in Espírito Santo is concentrated in ten producing fields, which, in conjunc- tion account for 96.2% of total pro- duction. These fields are: Fazenda Alegre (39.9%), Fazenda Santa Luzia (18.3%), Fazenda São Rafael (17.3%), Cancã (6.4%), Rio São Mateus (6.0%), Lagoa Parda (2.0%), Fazenda São Jorge (2.0%), Inhambu (1.7%), Cacim- bas (1.4%) and Lagoa Suruaca (1.1%). Chart 19 Onshore oil production (thousands of oil barrels) 10,000 9,000 8,000 shore production may show signs of recovery due to the recent measures implemented by ANP to encourage onshore production, especially and more intensively after 2017. More- over, the sale of onshore assets by Petrobras could attract new players in the sector and, thereby boost fu- ture production. 7,000 6,000 5,000 4,000 3,000 2,000 1,000 ginning of the century. Production Regarding the division by location, 96.2% of onshore natural gas production in Espírito Santo is concentrated in ten fields: Fazenda Alegre 39.9% Fazenda Santa Luzia 18.3% 17.3% Fazenda São Rafael Cancã: 6.4% Rio São Mateus: 6.0% Lagoa Parda: 2.0% Fazenda São Jorge: 2.0% Inhambu: 1.7% Cacimbas: 1.4% Lagoa Suruaca: 1.1% Chart 20-Onshore Natural Gas Production (millions of m³) 500 450 400 350 300 250 200 150 100 50 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Source: ANP | Prepared by: Ideies/Findes 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Note 1: the evolution of production by producing field can be found in the appendix of this document 55 35
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