Project Profile
Location: Espírito Santo, Brazil
Water Depth: 1,800m to 2,000m
Area: 723km2
The Block is located 100km off the coast of the state of Espírito Santo, which covers an area of 723km2, with a water depth ranging from 1,800m to 2,000m. In this Block, Petrobras will continue to operate with a 65% participating interest, Shell with a 20% participating interest and IPSL with a 15% participating interest. The Block lies in Espírito Santo basin where large reserves of oil and gas have been discovered and developed.
Operators:
Petrobras: 65% interest and operator
PTT Exploration and Production Public Company Limited (PTTEP) : 20% interest
Inpex Petróleo Santos: 15% interest