Insight
Brazil’s Concession Round 17: questionable attractiveness of frontier blocks
Report summary
Brazil’s Concession Round 17 (October 7) will tell us if and how much interest may have soured following recent exploration disappointments. Will companies be willing to invest in exploration acreage amid concrete steps into the energy transition? The oil price recovery, more friendly concession terms and low entry cost may counterbalance the lack of appetite many companies are showing towards frontier regions.
Table of contents
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Executive summary
- The vast majority of the 92 blocks on offer have signature bonuses lower than US$2 million
- Campos and Santos blocks under a magnifying glass: high-risk areas
- Which companies might steer clear?
- Which companies could be interested?
- What’s the future for Brazil exploration bid rounds?
Tables and charts
This report includes 2 images and tables including:
- Blocks on offer in Brazil’s Concession Round 17
- The pre-salt map: blocks by operators in the Campos and Santos basins
What's included
This report contains:
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