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São Francisco Basin

Project Stages

The development stages in the projects are displayed in the standard sequence for the industry. However, projects may be developed in a different sequence because of corporate decisions or events that push the owner to repeat stages. To access the full details of this project’s history please explore its milestones


Early Works
Current Stage: Exploration drilling
Start: 12/2010
In Construction
Operation
Project Details

Description

The 370,000km2 offshore São Francisco basin has one of the oldest geological formations in Brazil. It has 24 blocks where 59 exploratory wells have been drilled and 25,000km2 of 2D seismic have been conducted. In 2013, Petra confirmed the existence of hydrocarbons at the 1-PTRA-17-MG well in block SF-T-121 and the presence of unconventional "tight" natural gas in 21 São Francisco wells. The company expects to begin production from the area in 2015.

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Milestones Log and News

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Related Companies

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Project Owners
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Regulator
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  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

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Key Specs

Full Name
São Francisco Basin
Project Type
Onshore, Upstream
Development Phase
Exploration drilling
Project Status
Active
Project Capacity
 Onshore
 Upstream
Location

It is located in the brazilian states of Bahía, Minas Gerais, Goiás and Tocantins.

* The map coordinates provided above represent the approximate latitude and longitude, and not the exact location, of the project in question.


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Owner / operator
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Executive Manager for pre-salt exploration and production
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Officer, Exploration & Production
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Executive Manager - Engineering (EPC)
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