GTU Process Plant View
Drilling of exploratory wells
- Campos Basin: 5-6 wells in the BM-C-37 and BM-C-38 blocks (1-2 wells to be initiated in 2012)
|Prospect||Block||Total Estimated Recoverable Volume (P Mean )||Working Interest||OGX Estimated Recoverable Volume (P Mean )||Spud date|
|Cozumel||BM-C-37||209-270 mmboe||70%||146-189 mmboe||4Q12|
|Tulum||BM-C-37||194-280 mmboe||70%||136-196 mmboe||4Q12|
|Cancun||BM-C-37||184-294 mmboe||70%||129-206 mmboe||1Q13|
|Viedma||BM-C-38||245-313 mmboe||70%||172-219 mmboe||1Q13|
|Cotopaxi||BM-C-38||30-40 mmboe||70%||21-28 mmboe||1Q13|
|Total||-||861-1,196 mm boe||70%||603-837 mm boe||-|
- Santos Basin: 1 well until the concession for exploration ends in March 2013
- Parnaíba Basin: 10 wells
- Espírito Santo Basin: 3 wells, together with Perenco, the operator of the blocks
- Updated certification of estimated reserves and resources
- 2013 Annual estimate: US$1.2 billion
With the end of the exploratory concession periods for the Campos and Santos Basins approaching, the Company is gradually downsizing its rig fleet to accommodate a transition from the exploration campaign to the production phase in these basins, resulting in a reduction of its capex for 2013.
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