Asset Report
Atapu
This report is currently unavailable
Report summary
Atapu, Atapu (Surplus) and Oeste de Atapu are a single pre-salt accumulation in the Santos basin. Atapu achieved its first oil in June 2020. In 2019, a consortium formed by Petrobras (42,5% and operator), Shell (25%), TotalEnergies (22,5%) and Petrogal Brasil (10%) got the rights to produce under a profit share contract the surplus volumes above the 550 mmboe awarded to Petrobras (100%) under the original Transfer of Rights agreement in 2010. The unitisation agreement allocated 18% of the volumes to Oeste de Atapu, and Petrobras and the PPSA agreed Atapu and Atapu (Surplus) share the remaining hydrocarbons in a 40% and 60% split. For a full analysis, please assess Atapu, Atapu (Surplus) and Oeste de Atapu models together.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Petrobras postpones first oil from second FPSO due to challenges to award FPSO contract
- Reduced emissions from planned second Atapu and Sépia FPSOs
- Atapu and Oeste de Atapu unitisation
- Surplus volumes relicensed in December 2021
- Petrobras and the PPSA agree on co-participation payment ahead of the 2021 round, reducing uncertainty about the Surplus economics
- Transfer of Rights (TOR) re-evaluation
- Location maps
-
Participation
-
History
- Atapu
- Local content
-
History
- Geology
- Well data
-
Exploration
- Work commitment
- Extended well tests
-
Reserves and resources
- Gas
- Production
-
Development
-
Key development metrics
- Wells
- Facilities
-
Key development metrics
-
Infrastructure
- Oil
- Gas
-
Costs
- Exploration costs
- Capital costs
-
Operating costs
- Lease costs
- Transportation cost
-
Sales contracts
- Oil
- Gas
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
-
Economic analysis
-
Cash flow
- Cash flow - Atapu
- Cash flow - Oeste de Atapu
- Cash flow - Atapu (Surplus)
-
Cash flow
Tables and charts
This report includes 41 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Hydrocarbon quality
- Well data: Table 1
- Production: Table 1
- Production: Table 2
- Atapu - Production Profile
- Atapu (Surplus) - Production Profile
- Oeste de Atapu - Production Profile
- Reserves and resources: Table 1
- Costs: Table 1
- Costs: Table 2
- Sales contracts: Table 1
- Participation: Table 2
- Costs: Table 3
- Economic analysis: Table 1
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Economic analysis: Table 4
- Economic analysis: Table 5
- Economic analysis: Table 6
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Economic analysis: Table 7
- Economic analysis: Table 8
- Economic analysis: Table 9
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
What's included
This report contains:
Other reports you may be interested in
Insight
Class of 2024: benchmarking this year's upstream FIDs
We benchmark the major oil and gas projects seeking FID in 2024 on economic and emission metrics.
$6,750
Insight
Brazil's pre-salt coverage overview
Brazil's pre-salt is one of the most relevant deepwater plays with a huge resource base and impressive well productivity.
$1,350
