Brazil Energy Opportunities & Sustainability Commitments slide image

Brazil Energy Opportunities & Sustainability Commitments

Offshore Highlights & Opportunities anp PRE- SALT Giant oil reserves with lower costs and emission rates. One well can produce more than 50,000 bpd of oil 7-BUZ-10 Well (July/21) Oil (bpd) Gas (km³/d) 55,064 1,874 51,121 2,119 7-BUZ-31D IHS yet to be found resources estimates in the pre- salt: more than 50Bboe IHS Markit YTF resource estimates Basin name Sergipe-Alagoas Espirito Santo Campos Santos Play name (1) Deepwater cretaceous Total (billion boe) 6.92 Pre-salt Post-salt (2) 1.60 1.26 Pre-salt 18.00 Post-salt (2) Pre-salt 1.78 36.01 Note: (1) Estimated in 4th quarter of 2019; (2) Estimated in 1st quarter of 2020. Source: IHS Markit ©2021 IHS Markit POST- SALT All shallow water fields being divested, as well as some of the deepwater assets. Independents, specialized in mature fields jumping into these opportunities. New operators are working on reducing OPEX and decommissioning costs, revitalizing production facilities and implementing IOR opportunities to leverage existing underutilized facilities Investment commitment of more than 1.5 billion dollars in the new Development Plans presented for shallow water assets of Trident, Perenco and BW. CAMPOS BASIN: home to most opportunities of improving RF Since the first discover in 1974 (Garoupa Field), we have produced only 16% of the volume in place and we estimate 22% of RF. Each 1% more in Campos Basin RF representes almost 1 Bboe of new oil. 93.786 14.892 6.011 Campos ■Volume in Place (Mboe) Produced to date (Mboe) Total Reserves (Mboe)
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