Investor Presentaiton
34
YEARBOOK OF THE OIL AND NATURAL GAS INDUSTRY IN ESPÍRITO SANTO 2022
CHAPTER 2 EXPLORATION AND PRODUCTION OF OIL AND NATURAL GAS IN ESPÍRITO SANTO
35
47.7
million
barrels of oil was the
offshore production of
the input in Espírito Santo
in 2022
1.22
billion
m³ of natural gas was the
offshore production of
the input in Espírito Santo
in 2022
oil and natural gas production,
respectively. In 2022, oil produc-
tion in the capixaba pre-salt was
18.4 million barrels of oil and nat-
ural gas production was 706.8
million m3. Production in the pre-
salt layer accounts for 38.7% and
57.8% of offshore oil and natural
gas production in Espírito Santo,
respectively.
The production of offshore oil
and natural gas in Espírito Santo
can be divided into three parts,
according to its location. The first
two are located in the Campos
Basin, in the producing fields of
Parque das Baleias and Parque
das Conchas, while the third is
located in the producing fields of
the Espírito Santo Basin⁹.
In the transition from 2021 to
2022, Parque das Baleias re-
corded a 35.9% and 40.7% drop
in oil and natural gas production,
respectively. The area produced
37.7 million barrels of oil (chart
Chart 17 Offshore oil production in Espírito Santo by location (thousand barrels)
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
2011
2012
17) and 921.9 million m3 of natu-
ral gas (chart 18), being responsi-
ble for producing 79.1% of the oil
and 75.3% of the offshore natural
gas of Espírito Santo.
Parque das Conchas recorded, in
the transition from 2021 to 2022,
a drop of 23.6% and 23.2% in oil
and natural gas production, re-
spectively. The park produced
8.6 million barrels of oil (chart
17) and 82.4 million m3 of natural
gas (chart 18), being responsible
for producing 18.0% of the oil and
6.7% of the offshore natural gas
of Espírito Santo.
Finally, the producing fields of the
Espírito Santo Basin registered a
drop in production of 64.4% for
oil and 29.2% for natural gas in
the transition from 2021 to 2022,
reaching a production of 1.3 mil-
lion barrels of oil (chart 17) and
219.6 million m³ of natural gas
(chart 18).
2013
2014
2015 2016
2017
2018
2019
2020 2021 2022
Parque das Conchas
Parque das Baleias
Source: ANP | Elaboration: Industry Observatory/Findes
■Fields in the Espírito Santo Basin
Chart 18- Offshore natural gas production in Espírito Santo by location (million m³)
5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
2010
2011 2012 2013
Parque das Baleias
Source: ANP | Elaboration: Industry Observatory/Findes
2.5.2. Onshore oil and
natural gas production
Onshore oil production in Espírito
Santo in 2022 was 2.6 million bar-
rels of oil, 12.9% lower than in the
previous year (chart 19). Onshore
natural gas production in Espírito
Santo, in 2022, was 21.9 million m³,
16.1% lower than in the previous year
(chart 20). The state has reached
the lowest level of onshore oil pro-
duction in twenty years.
Regarding the division by location,
95.6% of onshore oil production in
Espírito Santo is concentrated in ten
producing fields: Fazenda Alegre
(49.9%), Cancã (16.2%), Fazenda São
7. In 2019, ANP and Petrobras signed an agreement
involving the park's reservoirs for the purpose of
paying royalties and special participations. The
agreement considered only a reservoir called Novo
Campo de Jubarte, which included the areas be-
tween Jubarte, Baleia Azul, Baleia Franca, parts
of Cachalote, Mangangá and Pirambu. The agree-
ment made it possible to approve a new Develop-
ment Plan for the New Jubarte Field, with the exten-
2014 2015 2016
■Parque das Conchas
2017
2018 2019 2020 2021 2022
Fields in the Espírito Santo Basin
Rafael (7.2%), Inhambu (6.6%), and
Fazenda Santa Luzia (5.7%), Fazen-
da São Jorge (3.8%), Lagoa Parda
(3.4%), Fazenda Queimadas (1.2%),
Suindara (0.9%) and São Mateus
(0.9%). It is worth highlighting the
good performance in the production
of the Lagoa Parda and Suindara
fields. These areas had low produc-
tion and in 2021, they recorded a pro-
duction of 27.8 and 102.5 thousand
barrels of oil, respectively. The Su-
indara field is operated by oil compa-
ny BGM Petróleo e Gás Natural and
the Lagoa Parda field is operated by
Capixaba Energia.
sion for another 27 years for the production phase.
8. Composed of the fields of Abalone, Argonauta
and Ostra.
9. Composed of the fields of Cação, Camarupim,
Camarupim Norte, Canapu, Cangoá, Golfinho
and Peroá.
2.6
million
barrels of oil was the
onshore production
of the input in Espírito
Santo in 2022
21.9
million
m³ of natural gas was
the onshore production
of the input in Espírito
Santo in 2022View entire presentation