Entorno de Sapinhoa and Sudoeste de Tartaruga Verde43°15'0"W 43°0'0"W S S!H Rio de Janeiro Bacia de Santos Bacias Sedimentares - Terra 2 3 4 5 6 7 9 10 11 12 13 Blocos Exploratórios

Entorno de Sapinhoa

and

Sudoeste de Tartaruga Verde

Alhan José dos Santos

Superintendency of Delimitation of Blocks

Introduction1

Evaluation of Entorno de Sapinhoa2

Evaluation of Sudoeste de Tartaruga Verde3

Conclusions4

Outline

Introduction1



Conclusions4

Outline

Onshore Basin

Offshore Basin

Basement

Block on Offer

Pre-Salt Polygon

Field

Legend

Round 1 Pre-Salt

Entorno de Sapinhoa

(Sapinhoa Surrounding)


(Southwest of Tartaruga Verde)

Location

Entorno de Sapinhoa

(4 areas)

Santos basin

Sao Paulo State

Pre-salt play

Water depth ~ 2,000 m

Fluid: Oil

Current production

~260,000 barrels of oil/day

Location


Campos basin

Post-salt play

(albian carbonates)

Rio de Janeiro State

Water depth ~900 m

Fluid: Oil

In development stage

First oil - 2017

Location

Introduction1



Conclusions4

Outline

Exclusive and Non-exclusive 2D seismic Data Public 2D seismic Data

Available Data

Exclusive and Non-exclusive 3D seismic Data Public 3D Seismic Data

Available Data

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43°0'0"W43°15'0"W

25

°45'0

"S26

°0'0

"S

0 5 10 15km

´ !HRio de Janeiro

Bacia de Santos

Bacias Sedimentares - Terra2

3

4

5

6

7

9

10

11

12

13

Blocos Exploratórios - Rodadas

Campos em Desenv./Produção Bacias Sedimentares - Mar

Legenda

LibraPolígono do pré-sal

Entorno de Sapinhoá

FPCIB

FPCSP

Reference Date: 06/2017

Drilled wells 34

Production well 17

Injection wells 12

Abandoned wells 5

FPSO UnitLiquid

(bbl/d)Oil (bbl/d)

Natural Gas

(Mm³/d)

Cidade de Sao Paulo 150,000 120,000 5,000

Cidade de Ilha Bela 150,000 150,000 6,000

Infrastructure

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

0

50000

100000

150000

200000

250000

300000

Ga

sF

low

Ra

te (

Mm

³/d

ay)

Liq

uid

Flo

wR

ate

(b

bl/d

ay)

Production History

SAPINHOÁ - Soma de Petróleo (bbl/dia) SAPINHOÁ - Soma de Aguá (bbl/dia) SAPINHOÁ - Soma de Gás Natural (Mm³/dia)Oil Water Natural Gas

Production

763

260 239213

168

10968 66 55 54

0

100

200

300

400

500

600

700

800

900

Pro

du

cti

on

(Mb

bl/d

)

Productivity

43°0'0"W43°15'0"W

25

°45'0

"S26

°0'0

"S

!HRio de Janeiro

Bacia de Santos


3

4

5

6

7

9

10

11

12

13



Legenda



1 km

Interpretation made by ANP

Shared Accumulation Participation

Petróleo Brasileiro S.A. 43.335 %

BG E&P Brasil 28.890 %

Repsol-Sinopec Brasil 24.075 %

Government represented by PPSA 3.700 %

Production Individualization

Agreement

The Sapinhoa Production

Individualization Agreement sets 3.7%

of participation for the non-contracted

area (discovered and proved

accumulation).

43°0'0"W43°15'0"W

25

°45'0

"S26

°0'0

"S

!HRio de Janeiro

Bacia de Santos


3

4

5

6

7

9

10

11

12

13



Legenda



1 km


New seismic data processing

indicates a possible extension of the

reservoir east of Sapinhoa Field

in addition to the developed

accumulation area (which

corresponds to 3.7% of the non-

contracted area).

This possible extension is here

interpreted as an exploration upside

for the area on offer.

This exploration upside was not

tested yet therefore the extension

accumulation is not yet confirmed.


Agreement

Moreira et al. 2007

Mapped Horizons

Base of Salt

Intra-alagoas Unconformity

Pre-alagoas Unconformity

Top of Piçarras Fm

Sapinhoa Evaluation

Conceptual Model

(Depositional Environment)

Basin

Picarras Fm

Shelf/Slope

Basement+

Tucker and Wright, 1990+

Water column Microbial buildup

Area on Offer

0258_3D_Guara_Carioca_KPSDM Inline 3900 – Cortesy of WesternGeco

5 km

Depth

(m)

-2,5

00

-3,0

00

-3,5

00

-4,0

00

-4,5

00

-5,0

00

-5,5

00

-6,0

00

Entorno de Sapinhoa

Area on Offer

0258_3D_Guara_Carioca_KPSDM Inline 3900 – Courtesy of WesternGeco

Base of SaltIntra Alagoas

Unconformity

Top of Source

Rock

5 km

Depth

(m)

-2,5

00

-3,0

00

-3,5

00

-4,0

00

-4,5

00

-5,0

00

-5,5

00

-6,0

00

FaultsPre Alagoas

Unconformity

Entorno de Sapinhoa

Area on Offer



Unconformity

5 km

Depth

(m)

-2,5

00

-3,0

00

-3,5

00

-4,0

00

-4,5

00

-5,0

00

-5,5

00

-6,0

00

Oil

Water

FaultsPre Alagoas

UnconformityTop of Source

Rock

Entorno de Sapinhoa

Area on Offer



Unconformity

5 km

Depth

(m)

-2,5

00

-3,0

00

-3,5

00

-4,0

00

-4,5

00

-5,0

00

-5,5

00

-6,0

00

Pre Alagoas

UnconformityTop of Source

Rock

Oil

Water

Faults

Entorno de Sapinhoa

Area on Offer

5 km

Oil

Water

Entorno de Sapinhoa

5 km

Area on Offer8-SPS-10-SPS

-4,5

00

-5,0

00

-5,5

00

-6,5

00

-7,0

00

-6,0

00

0258_3D_Guara_Carioca_KPSDM Xline 3088 – Courtesy of WesternGeco

Depth

(m)

Entorno de Sapinhoa

5 km


-4,5

00

-5,0

00

-5,5

00

-6,5

00

-7,0

00

-6,0

00


UnconformityFaults

Pre Alagoas

Unconformity


Depth

(m)

Entorno de Sapinhoa

5 km


-4,5

00

-5,0

00

-5,5

00

-6,5

00

-7,0

00

-6,0

00

Oil

Water


UnconformityFaults

Pre Alagoas

Unconformity


Depth

(m)

Entorno de Sapinhoa

43°0'0"W43°15'0"W

25

°45'0

"S26

°0'0

"S

!HRio de Janeiro

Bacia de Santos


3

4

5

6

7

9

10

11

12

13



Legenda



1 km


Estimated in place Volumes for

Exploration Upside

Estimated in place volumes are around

350 million barrels of oil

(only for the non-contracted area)

Introduction1



Conclusions4

Outline

Exclusive and Non-Exclusive 2D Seismic Data Public 2D Seismic Data

Available Data

Exclusive and Non-Exclusive 3D seismic Data Public 3D seismic Data

Available Data

Reference Date: 06/2017

Drilled Wells 21

Foreseen Production Wells 12

Foreseen Injetion Wells 6

FPSO UnitLiquid

(bbl/d)

Natural Gas

(Mm³/d)

Cidade de Campos dos

Goytacazes 180,000 5,000

PAMPO

TARTARUGA VERDE

ESPADARTE

40°40'0"W

22

°50

'0"S

23

°0'0

"S

0 2,5 5 7,5km

´

Bacia de Campos


3

4

5

6

7

9

10

11

12

13



Legenda


2ª Rodada de Partilha

200

300

400

500

1.000 m

Southwestern TARTARUGA VERDE

Infrastructure

0

20

40

60

80

100

120

140

160

180

200

0

2000

4000

6000

8000

10000

12000

14000

16000

Ga

sF

low

Ra

te (

Mm

³/day)

Liq

uid

Flo

wR

ate

(bbl/day)

Soma de Petróleo (bbl/dia) Soma de Água (bbl/dia) Soma de Gás Natural (Mm³/dia)Oil Natural Gas Water

Production

275.00

150.00

25.00

1.25 km

The Tartaruga Verde Production

Individualization Agreement sets

30.65% of participation for the

Area on Offer in the shared

structure.

The extension of the

accumulation for the non-

contracted area was confirmed

by the 9-TVD-1D-RJS well.


Agreement

Shared Accumulation Participation

Petróleo Brasileiro S.A. 69.35%

Union represented by PPSA 30.65%

Rock volume overlying oil-water contact

Top of Outeiro Fm

Top of Salt

Tartaruga Verde

Evaluation

Winter et al., 2007

Mapped Horizons

Top of Quissama Fm

2.5 km

9-TVD-1D-RJS

R0015_CAMPOS_3D_PHASE2_PSDM_3D - Courtesy of Spectrum


NW SE

2.5 km

9-TVD-1D-RJS


NW SE


2.5 km

9-TVD-1D-RJS


Oil

Water

NW SE


2.5 km

NESW


9-TVD-1D-RJS 9-BRSA-1099-RJS

Top of Oiteiro Fm Top of Quissama Fm Faults

Depth

(m)

Top of Salt


2.5 km

NESW



Top of Oiteiro Fm Top of Quissama Fm Top of Salt Faults

Depth

(m)


2.5 km

NESW


Oil

Water


Top of Oiteiro

FmTop of Quissama

FmFaults

Depth

(m)

Top of Salt


Estimated in Place Volume

275.00

150.00

25.00

1.25 km

Estimated in place volume is

around ~160 million barrels of oil

(only for the non-contracted area)

Rock volume overlying oil-water contact

Introduction1



Conclusions4

Outline

The 2nd Pre-salt Bidding Round includes the unitizeble areas of Sapinhoa

and Tartaruga Verde fields;

The block “Entorno de Sapinhoa” includes production areas (developed

accumulation) and an exploration upside (an extension of the Sapinhoa

accumulation that is not yet confirmed);

The developed areas of Sapinhoa accumulation represents 3.7% of

participation for the Union;

Estimated in place volume for the exploration upside (only for the area

on offer) is around 350 million of barrels;

The block “Sudoeste de Tartaruga Verde” includes an accumulation in a

post-salt play. 30.65% of that occurs in non-contracted area which

represents an estimated in place volume of around 160 million barrels ofoil (only for the area on offer).

Final Remarks

Evaluation of Entorno de Sapinhoa – Superintenency of Development and Production

Carlos A. S. Ferreira

João Henrique nascimento

Luan Calembo

Tabita Loureiro

Evaluation of Sudoeste deTartaruga Verde – Superintendency of Delimitation of Blocks

Gabriel Bastos

Marina Abelha

Eliane Petersohn

Vanderlei Sartori

National Agency of Petroleum, Natural Gas and Biofuels - ANP

www.anp.gov.br

Av. Rio Branco, 65 – Centro – Rio de Janeiro – Brazil

12th to 22nd floor

Tel: +55 (21) 2112-8100

[email protected]

Documents

Entorno de Sapinhoa and Sudoeste de Tartaruga Verde43°15'0"W 43°0'0"W S S!H Rio de Janeiro Bacia de Santos Bacias Sedimentares - Terra 2 3 4 5 6 7 9 10 11 12 13 Blocos Exploratórios