Rosneft Brasil signs drilling contracts ahead of Solimoes campaign

Rosneft Brasil E&P Ltda., a wholly owned Rosneft PJSC subsidiary, and Queiroz Galvao Oleo e Gas (QGOG) have signed an agreement to charter an onshore drilling rig and associated rig services for Rosneft Brasil’s exploration program in Brazil’s Solimoes basin.

Schlumberger Ltd., in association with QGOG, will provide integrated project management (IPM) drilling services.

The start of drilling, scheduled for Jan. 9, 2017, marks the launch of the active phase of Rosneft Brasil’s exploration within the Solimoes project. The firm plans to drill at least 2 wells in the upcoming campaign in an effort to obtain geological information and confirm the exploration potential and hydrocarbon resources.

Rosneft also continues to evaluate gas monetization options for the Solimoes project, which includes 18 license blocks covering 37,000 sq km. The blocks contain 11 discovered accumulations of hydrocarbons.

In July 2014, Rosneft Brasil and Petroleo Brasileiro SA (Petrobras) signed a memorandum of understanding that envisaged the detailed analysis of options for monetization of gas held in the Solimoes basin, creation of a joint work group, and preparation of a roadmap for advancing the study (OGJ Online, July 15, 2014).

The studies have been completed and Rosneft Brasil is working with stakeholders in the Amazon region to advance the priority monetization options.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...