The field is operated by Brazil's state-run oil company Petrobras in a consortium with Pré-Sal Petróleo (PPSA) and the Chinese companies CNOOC and CNODC.
The 16th bidding round of Brazil’s National Petroleum Agency today (Oct 10) yielded $2.1 billion in signing bonuses. Twelve of the 36 blocks offered in concessions for the exploration and production of oil and natural gas were won. Ten companies placed winning bids.
The consortium for Brazil's Libra oil field, which operates a petroleum block in the pre-salt layer of the Santos Basin, has completed the drilling and evaluation of a seventh well located 180 kilometers off the coast of Rio de Janeiro, and confirmed the discovery of good qual
Pre-salt fields in the Santos Basin, located in the state of São Paulo, have turned out a record oil production in December, with a daily average 346,100 barrels of oil and 12.1 million cubic meters of natural gas.
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