OTC Brasil 2013 – Petrobras Geology & Geophysics Expertise
During the OTC Brasil 2013 there were daily panel session, which covered some interesting themes. On Wednesday, October 30th, the panel session: Perspectives on E&P in the South Atlantic, had as one of its panelists Petrobras’ E&P Director, José Miranda Formigli Filho, known throughout Brazil simply as Formigli. According to Formigli, Petrobras’ knowledge of geology and geophysics (G&G) was vital for the national operator to meet the technological challenges and reach its exploratory success in deepwater pre-salt and post-salt E&P. Formigli estimated that by 2020 the pre-salt production will represent 50% of Petrobras’ output with the potential to reach some 31 billion barrels boe. By 2035, some 39 million barrels per day of new crude oil supply will be needed.
New O&G Operators in Brazil – Aurizonia Petróleo
With the growth of the Brazilian O&G market, various small local operators has sprung up, truly coloring the oil market scene in the country and also attracting foreign investors looking at forming local partnerships.Aurizônia Petróleo was established in 2004 in Rio Grande do Norte, ain north Brazil and has two branches, in Rio de Janeiro (RJ) and in Mossoró (RN). The company's objective is the exploration, production, importation and exportation of oil and natural gas. Since its inception, Aurizônia has been highly successful in building a balanced and successful E&P portfolio in mature land basins in Brazil. Among the areas in which Aurizônia operates…