| |
10 Pages

Strong interest sets new records in Brazil's Round 11

Strong interest sets new records in Brazil's Round 11

Report summary

Exploration licensing in Brazil has returned with a bang.  Following a five year hiatus, companies have offered record levels of expenditure to secure access to some of the most prospective acreage likely to be available anywhere in the world this year.  The winning companies placed bids worth a total of US$4.8 billion, split US$1.4 billion on signature bonuses and US$3.4 billion of work commitments. The main attraction of the round was the vast tracts of acreage along Brazil's Equatorial...

What's included?

This report includes 2 file(s)

  • Strong interest sets new records in Brazil's Round 11 PDF - 677.33 KB 10 Pages, 3 Tables, 4 Figures
  • Strong interest sets new records in Brazils Round 11 May 2013.xls XLS - 145.50 KB


This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Executive summary
  • Records broken in long-awaited round
    • Record expenditure offered reflects appetite for frontier acreage
  • Analysis of bidding by basin
    • Offshore - the Equatorial Margin is the centre of attention
    • Onshore - high levels of interest
  • Analysis of bidding by company
    • Strong showing by Latin American companies
    • Big bids from international companies with existing portfolios
    • BHP Billiton leads the new entrants
  • Attention now turns to the Round 12 and the inaugural pre-salt round

In this report there are 7 tables or charts, including:

  • Executive summary
  • Records broken in long-awaited round
    • Total winning signature bonuses offered by round
  • Analysis of bidding by basin
    • A breakdown by basin
    • The 10 most sought after blocks are all offshore
    • Acreage awarded and ignored in Round 11
  • Analysis of bidding by company
    • Latin American companies make up 5 of the top 10 companies by net expenditure…
    • …and also when measured by net acreage
    • List of bidding companies
  • Attention now turns to the Round 12 and the inaugural pre-salt round
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.