Petrobras was awarded Block BM-S-17 and will act as operator with a 50% interest along with it’s partners Statoil with 25% and Enterprise Oil with 25%. They bid US $8.5 million for the acreage. This block is located in Santos Basin and covers a 1,611 square kilometer area.
Petrobras in partnership with Queiroz Galvao, Petroserv and El Paso were awarded block BM-CAL-5 in the Camamu-Almada Basin for a bid of US $2.5 million. Petrobras will act as operator with a 45% interest, Queiroz Galvao will have an 18.34% interest, Petroserv will have an 18.33% interest and El Paso will have the remaining 18.33%. Block BM-CAL-5 covers an area of 1,119 square kilometers.
Petrobras was awarded sole interest in Block BM-CE-1 offshore Ceara State. This block covers an area of 1,281 square kilometers. Petrobras bid US $123,000 for this block.
Block BM-ES-9 located offshore Espirito Santo State was awarded to Esso Brasileira de Petróleo Limitada as operator with a 40% interest. Other partners in this block are Petrobras with a 30% interest and Kerr-McGee with the remaining 30% interest. BM-ES-9 covers 2,165 square kilometers. The Esso group bid approximately US $4.4 million on this block..
27 blocks wil be auctioned on Tuesday and the remaining 26 blocks will be auctioned on Wednesday.
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