Brazil plans to drill 45 new exploration wells this year

According to a report by Petroleum Today in Rio de Janeiro on May 10, 2021, Marina Abelha, head of the exploration department of Brazil’s National Petroleum Administration, said at a webinar held on April 28 that due to the increase in exploration activities by oil companies, the coronavirus outbreak The pandemic has weakened, and the Brazilian National Petroleum Administration expects that the number of exploration wells drilled along the coast of Brazil this year will nearly triple to 19.

After the oil and gas industry takes measures to prevent offshore oil and gas leakage from interrupting operations, exploration activities are expected to rise.

Abelha said: "What we see is that the oil companies are very cautious, but also very optimistic.

Abelha said: "We expect this year to be better than last year.

The Brazilian National Petroleum Administration expects that Brazil will drill 45 new exploratory wells this year, of which 19 will be offshore.

Li Jun compiled from Petroleum Today

The original text is as follows:

Brazil offshore wells could quadruple to 19 this year

Brazil's National Petroleum Agency expects the number of exploration wells drilled off the country's coast to nearly quadruple in 2021 to 19 wells as oil companies ramp up activity and the coronavirus pandemic wanes, the regulator's superintendent for exploration said during a webinar April 28.

The expected upswing in exploration activity came after the industry implemented measures to guard against offshore outbreaks that can disrupt operations.

　　“What we're seeing is that companies are cautious, but optimistic,” the ANP's Marina Abelha, said.

　　"We expect 2021 to be better than 2020," Abelha said.

　　The ANP expects 45 wells to be drilled in 2021, with 19 offshore, according to Abelha.