The development stages:Seismic/2016-02.PN-T-87 is an onshore 3,067 square kilometers area in sector SPN-N of the Parnaíba basin. The block is owned by operator Parnaíba Gás Natural (70%) and BPMB Parnaíba (30%). The JV also acquired PN-T-69 and PN-T-84 blocks in the same sector and basin. The 13th bidding round established a requirement of 70% local content for the exploration phase and 77% for the development phase.