We hold 30% stake in the onshore blocks PAR-T-86, PAR-T-99, PAR-T-196 and PAR-T-215, located in the states of Mato Grosso do Sul and Goiás, in the Paraná Basin. The blocks has approximately 11,544 km², an area equivalent to the entire traditional Recôncavo Basin in Bahia.
In case of a discovery, the proximity to the gas consumer market would facilitate the outflow of the production. If successful, the consortium will analyze the use of the reservoir-to-wire (R2W) model, in which the gas found is used to generate electricity, which is sent to the National Interconnected System (SIN) from the nearby transmission network . This model has already been successfully adopted by the partner in other projects.
The Paraná Basin has a total area of 1.5 million km², of which 1.1 million km² is located in Brazilian territory – it is the largest onshore sedimentary basin in Brazil. Due to the low sampling, mainly in terms of wells and seismic data, added to the extensive area of occurrence, it is classified as new frontier. However, some favorable aspects can be pointed out, such as:
– Region was part of the ANP’s program of systematic acquisition of geological data – with investments already made of approximately R$ 200 million;
– Expected accumulation model similar to the Parnaíba Basin, at Parque dos Gaviões;
– Active and proven petroleum systems;
– Strategic geographic location.
The prospects analyzed are medium to high risk, considering the frontier basin conditions.
Characteristics: results from wells with gas production (no commercial discoveries yet), good infrastructure conditions, market and logistics facilities, medium to high risk prospects, natural gas expected;