Into the unknown – extending Brazil’s pre-salt play

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

16 October 2020

Into the unknown – extending Brazil’s pre-salt play

Report summary

Brazil's pre-salt is among the most high-profile deepwater plays in the world. Since the first pre-salt discovery – Lula, made by Petrobras in 2006 – other discoveries have added 26 bnboe to the country’s resource base. Today, the pre-salt output corresponds to 70% of Brazil’s total liquid production. Despite the excellent track record, more recent results have been disappointing. Several high-profile pre-salt well failures have left explorers wondering about the region’s future prospectivity. In this report we provide an overview of what makes the pre-salt work, how we see the technical risks and how commercial risk exposure could be reduced through improved terms.

Table of contents

  • Executive summary
  • A new paradigm for the pre-salt play?
  • What makes the pre-salt work?
    • Presence of CO 2
    • Variable reservoir quality
    • High GOR
    • Presence of effective seal
  • Key pre-salt players
  • What will help companies to unlock pre-salt discoveries ?
  • Is the pre-salt still a good place to be?

Tables and charts

This report includes 6 images and tables including:

  • Brazil’s largest pre-salt fields and exploration wells
  • Recent wells drilled
  • Pre-salt depositional model
  • Players in pre-salt PSC blocks
  • IRR for different volumes and fiscal terms in Brazil
  • A Mero-sized discovery under high profit shares in Brazil returns a similar IRR as a 200 mmboe under Canada terms

What's included

This report contains:

  • Document

    Into the unknown – extending Brazil’s pre-salt play

    PDF 1.18 MB