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ARTICLE · 04 JUNE 2013

First Pre-Salt Round To Be Held In October 2013

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The Pre-Salt Round 1 will be promoted in accordance with the production sharing regime in force in Brazil since the issuance of Law No. 12.351/2010.

BrazilEnergy and Natural Resources
Alexandre R. Chequer
Alexandre R. Chequer
Leonardo Costa
Leonardo Costa
Victor Galante
Victor Galante
Bruno Triani Belchoir
Bruno Triani Belchoir
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Keywords: pre-Salt round, October 2013, CNPE

The Pre-Salt Round 1 will be promoted in accordance with the production sharing regime in force in Brazil since the issuance of Law No. 12.351/2010.

The bid, which was initially scheduled to be held in November, will occur in the second half of October and will exclusively offer the prospect of Libra, located in Santos Basin (as shown in the image). The bidding round for exploratory blocks with potential for unconventional gas, which was initially announced for October, was postponed until November.

ANP´s studies pointed out that the prospect of Libra has a potential in situ of between 26 and 42 billion barrels of oil, with a recoverable volume estimated between 8 and 12 billion barrels of oil. Due to such exceptional results, the government decided to limit the first round only in the prospect of Libra.

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